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Products containing tobacco, reconstituted tobacco, nicotine, or tobacco or nicotine substitutes, intended for inhalation without combustion; other nicotine containing products intended for the intake of nicotine into the human body

2404 (Harmonized System 2022 for 4-digit)

2023
World Trade $12.9BRnk 308 / 1228
2023
Top Exporter | Top Importer $5.18B | $2.71BChina | Japan
2023
Product Complexity 0.64Rnk 300 / 999
2022 - 2023
Export Growth (CAGR) 54.7%Rnk 13 / 1228
2023
Share of World Trade 0.057%Rnk 308 / 1228

About

Overview This page contains the latest trade data of Inhalable tobacco/nicotine products. In 2023, Inhalable tobacco/nicotine products were the world's 308th most traded product, with a total trade of $12.9B. Between 2022 and 2023 the exports of Inhalable tobacco/nicotine products grew by 54.7%, from $8.33B to $12.9B. Trade in Inhalable tobacco/nicotine products represent 0.057% of total world trade.

Inhalable tobacco/nicotine products are a part of Tobacco and manufactured tobacco substitutes. They include Nicotine vapes: not tobacco-based, Tobacco vapes, Nicotine products: for oral use, Alternative vapes: tobacco or nicotine alternative, Nicotine patches: for skin application, and Nicotine alternatives: non-inhalation, non-oral, non-skin.

Exports In 2023 the top exporters of Inhalable tobacco/nicotine products  were China ($5.18B), Italy ($2.19B), Romania ($1.28B), Greece ($670M), and South Korea ($553M).

Imports In 2023 the top importers of Inhalable tobacco/nicotine products were Japan ($2.71B), United Kingdom ($1.32B), Poland ($672M), South Korea ($626M), and Germany ($610M).

Ranking Inhalable tobacco/nicotine products ranks 300th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Inhalable tobacco/nicotine products. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Year
Top Origin (2023)China$5.18B
Top Destination (2023)Japan$2.71B

In 2023 Inhalable tobacco/nicotine products were the world's 308th most traded product (out of 1,228).

In 2023, the top exporters of Inhalable tobacco/nicotine products were China ($5.18B), Italy ($2.19B), Romania ($1.28B), Greece ($670M), and South Korea ($553M).

In 2023, the top importers of Inhalable tobacco/nicotine products were Japan ($2.71B), United Kingdom ($1.32B), Poland ($672M), South Korea ($626M), and Germany ($610M).

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Exporters of Inhalable tobacco/nicotine products (2023)
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Importers of Inhalable tobacco/nicotine products (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)China$2.29B
Top Destination Growth (2022 -  2023)Japan$852M

Between 2022 and 2023, the exports of Inhalable tobacco/nicotine products grew the fastest in China ($2.29B), Italy ($742M), Romania ($369M), Greece ($190M), and Indonesia ($174M).

Between 2022 and 2023, the fastest growing importers of Inhalable tobacco/nicotine products were Japan ($852M), United Kingdom ($814M), South Korea ($566M), Netherlands ($297M), and Germany ($189M).

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Exporters of Inhalable tobacco/nicotine products (2022 - 2023)

Importers of Inhalable tobacco/nicotine products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Inhalable tobacco/nicotine products.

In 2023, market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Inhalable tobacco/nicotine products are explained by 9 countries.

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Value of Exports in Inhalable tobacco/nicotine products

Net Trade

Year
TOP NET EXPORTER (2023)China$5.15B
TOP NET IMPORTER (2023)Japan$2.71B

This map shows which countries export or import more of Inhalable tobacco/nicotine products. Each country is colored based on the difference in exports and imports of Inhalable tobacco/nicotine products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Inhalable tobacco/nicotine products were China ($5.15B), Italy ($1.85B), Romania ($1.21B), Greece ($574M), and Indonesia ($231M).

In 2023, the countries that had a largest trade value in imports than in exports of Inhalable tobacco/nicotine products were Japan ($2.71B), United Kingdom ($1.21B), Poland ($548M), Germany ($437M), and Russia ($362M).

Net Trade (2023)

Disaggregation

Value
Year

In 2023, the world most traded Inhalable tobacco/nicotine products, disaggragated by their HS6 level were Nicotine vapes: not tobacco-based ($6.35B), Tobacco vapes ($5.19B), Nicotine products: for oral use ($920M), Alternative vapes: tobacco or nicotine alternative ($280M), and Nicotine patches: for skin application ($121M)

HS6 Disaggregation for Inhalable tobacco/nicotine products (2023)
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Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Inhalable tobacco/nicotine products.
It is possible to select the main countries that export or import Inhalable tobacco/nicotine products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Inhalable tobacco/nicotine products by percentage of total exports

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Inhalable tobacco/nicotine products’s highest export potential is N/A. With an export gap of N/A.  Inhalable tobacco/nicotine products’s highest import potential is N/A with an import gap of N/A.

See methodology.

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Product Complexity

Diversification Frontier

Specialization
Year

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

Year

The following visualization shows the relatedness of Inhalable tobacco/nicotine products to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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