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Inorganic colouring matter nes, including preparation

320649 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.82BRnk 965 / 4648
2022
Top Exporter | Top Importer $721M | $427MGermany | United States
2022
Product Complexity 0.36Rnk 1888 / 4653
2021 - 2022
Export Growth (CAGR) 0.47%Rnk 2875 / 4648
2022
Share of World Trade 0.016%Rnk 965 / 4648

About

Overview This page contains the latest trade data of Inorganic colouring matter nes, including preparation. In 2022, Inorganic colouring matter nes, including preparation were the world's 965th most traded product, with a total trade of $3.82B. Between 2021 and 2022 the exports of Inorganic colouring matter nes, including preparation grew by 0.47%, from $3.8B to $3.82B. Trade in Inorganic colouring matter nes, including preparation represent 0.016% of total world trade.

Inorganic colouring matter nes, including preparation are a part of Other Coloring Matter.

Exports In 2022 the top exporters of Inorganic colouring matter nes, including preparation  were Germany ($721M), United States ($566M), China ($379M), Belgium ($204M), and United Kingdom ($173M).

Imports In 2022 the top importers of Inorganic colouring matter nes, including preparation were United States ($427M), Germany ($229M), Mexico ($207M), Canada ($197M), and China ($187M).

Ranking Inorganic colouring matter nes, including preparation ranks 1888th in the Product Complexity Index (PCI).

Description Inorganic colouring matter is used for food, medicine, and cosmetics. Inorganic colourings are used to modify the colour of a product, often to make it more appealing for the consumer. Inorganic colorants are used in food to make certain foods more appealing to the eye. For example, the use of inorganic colorants in food is common for candy, cereal, and chocolate. Inorganic colourants are also used in medicine, such as to color cough syrups and vitamins to make them more attractive. Inorganic colorants are also used in cosmetics,

Latest Trends

Latest Data

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The following visualization shows the latest trends on Inorganic colouring matter nes, including preparation. 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

Top Origin (2022)Germany$721M
Top Destination (2022)United States$427M

In 2022 Inorganic colouring matter nes, including preparation were the world's 965th most traded product (out of 4,648).

In 2022, the top exporters of Inorganic colouring matter nes, including preparation were Germany ($721M), United States ($566M), China ($379M), Belgium ($204M), and United Kingdom ($173M).

In 2022, the top importers of Inorganic colouring matter nes, including preparation were United States ($427M), Germany ($229M), Mexico ($207M), Canada ($197M), and China ($187M).

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Exporters of Inorganic colouring matter nes, including preparation (2022)
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Importers of Inorganic colouring matter nes, including preparation (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$69M
Top Destination Growth (2021 -  2022)United States$78.8M

Between 2021 and 2022, the exports of Inorganic colouring matter nes, including preparation grew the fastest in United States ($69M), Germany ($32M), Mexico ($12.6M), Rwanda ($12.4M), and Egypt ($10.7M).

Between 2021 and 2022, the fastest growing importers of Inorganic colouring matter nes, including preparation were United States ($78.8M), Canada ($66.7M), Mexico ($21.3M), Democratic Republic of the Congo ($13.1M), and United Arab Emirates ($12M).

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Exporters of Inorganic colouring matter nes, including preparation (2021 - 2022)

Importers of Inorganic colouring matter nes, including preparation (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Inorganic colouring matter nes, including preparation.

In 2022, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Inorganic colouring matter nes, including preparation are explained by 21 countries.

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Value of Exports in Inorganic colouring matter nes, including preparation

Net Trade

TOP NET EXPORTER (2022)Germany$492M
TOP NET IMPORTER (2022)Mexico$154M

This map shows which countries export or import more of Inorganic colouring matter nes, including preparation. Each country is colored based on the difference in exports and imports of Inorganic colouring matter nes, including preparation during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Inorganic colouring matter nes, including preparation were Germany ($492M), China ($192M), United States ($140M), United Kingdom ($110M), and Japan ($86.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Inorganic colouring matter nes, including preparation were Mexico ($154M), Switzerland ($99M), Canada ($83.1M), Poland ($74.7M), and Vietnam ($46M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Inorganic colouring matter nes, including preparation.
It is possible to select the main countries that export or import Inorganic colouring matter nes, including preparation in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Inorganic colouring matter nes, including preparation by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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 (2022)

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