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130212 (Harmonized System 1992 for 6-digit)

2022
World Trade $186MRnk 3771 / 4648
2022
Top Exporter | Top Importer $33.5M | $44.2MFrance | China
2022
Product Complexity -0.91Rnk 3714 / 4653
2021 - 2022
Export Growth (CAGR) 19.2%Rnk 829 / 4648
2022
Share of World Trade 0.00079%Rnk 3771 / 4648

About

Overview This page contains the latest trade data of Liquorice extract. In 2022, Liquorice extract were the world's 3771st most traded product, with a total trade of $186M. Between 2021 and 2022 the exports of Liquorice extract grew by 19.2%, from $156M to $186M. Trade in Liquorice extract represent 0.00079% of total world trade.

Liquorice extract are a part of Vegetable Saps.

Exports In 2022 the top exporters of Liquorice extract  were France ($33.5M), China ($25.9M), Uzbekistan ($25.4M), Turkmenistan ($23M), and United Arab Emirates ($19.8M).

Imports In 2022 the top importers of Liquorice extract were China ($44.2M), United States ($28.2M), France ($18.6M), Germany ($17.4M), and Serbia ($9.72M).

Ranking Liquorice extract ranks 3714th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Liquorice extract. 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)France$33.5M
Top Destination (2022)China$44.2M

In 2022 Liquorice extract were the world's 3771st most traded product (out of 4,648).

In 2022, the top exporters of Liquorice extract were France ($33.5M), China ($25.9M), Uzbekistan ($25.4M), Turkmenistan ($23M), and United Arab Emirates ($19.8M).

In 2022, the top importers of Liquorice extract were China ($44.2M), United States ($28.2M), France ($18.6M), Germany ($17.4M), and Serbia ($9.72M).

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Exporters of Liquorice extract (2022)
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Importers of Liquorice extract (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$15.2M
Top Destination Growth (2021 -  2022)United States$10.3M

Between 2021 and 2022, the exports of Liquorice extract grew the fastest in United Arab Emirates ($15.2M), China ($12.5M), Turkmenistan ($10.8M), Serbia ($2.43M), and Lithuania ($1.21M).

Between 2021 and 2022, the fastest growing importers of Liquorice extract were United States ($10.3M), Serbia ($9.72M), China ($7.08M), France ($6.4M), and United Kingdom ($1.11M).

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Exporters of Liquorice extract (2021 - 2022)

Importers of Liquorice extract (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Liquorice extract.

In 2022, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Liquorice extract are explained by 11 countries.

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Value of Exports in Liquorice extract

Net Trade

TOP NET EXPORTER (2022)Uzbekistan$25.4M
TOP NET IMPORTER (2022)United States$23.9M

This map shows which countries export or import more of Liquorice extract. Each country is colored based on the difference in exports and imports of Liquorice extract during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Liquorice extract were Uzbekistan ($25.4M), Turkmenistan ($23M), United Arab Emirates ($16.6M), France ($14.9M), and Iran ($13.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Liquorice extract were United States ($23.9M), China ($18.3M), Serbia ($6.93M), Denmark ($4.77M), and Indonesia ($4.4M).

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 Liquorice extract.
It is possible to select the main countries that export or import Liquorice extract in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Liquorice extract 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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