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290611 (Harmonized System 1992 for 6-digit)

2022
World Trade $669MRnk 2635 / 4648
2022
Top Exporter | Top Importer $237M | $178MIndia | China
2022
Product Complexity 0.85Rnk 1027 / 4653
2021 - 2022
Export Growth (CAGR) -17.6%Rnk 4265 / 4648
2022
Share of World Trade 0.0028%Rnk 2635 / 4648

About

Overview This page contains the latest trade data of Menthol. In 2022, Menthol were the world's 2635th most traded product, with a total trade of $669M. Between 2021 and 2022 the exports of Menthol decreased by -17.6%, from $812M to $669M. Trade in Menthol represent 0.0028% of total world trade.

Menthol are a part of Cyclic Alcohols.

Exports In 2022 the top exporters of Menthol  were India ($237M), Germany ($150M), China ($104M), Malaysia ($67.7M), and United States ($29.9M).

Imports In 2022 the top importers of Menthol were China ($178M), United States ($88.7M), India ($45.3M), Singapore ($37.4M), and Indonesia ($28.1M).

Ranking Menthol ranks 1027th in the Product Complexity Index (PCI).

Description Menthol is a type of mint that is used for many different purposes, including: to create a cooling sensation; as a decongestant; as a flavor; to mask the scent of smoke; and to clear up congestion. Menthol can also be used to create an odor that is medicinal or minty.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Menthol. 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)India$237M
Top Destination (2022)China$178M

In 2022 Menthol were the world's 2635th most traded product (out of 4,648).

In 2022, the top exporters of Menthol were India ($237M), Germany ($150M), China ($104M), Malaysia ($67.7M), and United States ($29.9M).

In 2022, the top importers of Menthol were China ($178M), United States ($88.7M), India ($45.3M), Singapore ($37.4M), and Indonesia ($28.1M).

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Exporters of Menthol (2022)
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Importers of Menthol (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$5.25M
Top Destination Growth (2021 -  2022)Netherlands$6.61M

Between 2021 and 2022, the exports of Menthol grew the fastest in Germany ($5.25M), Italy ($3.68M), Netherlands ($647k), Indonesia ($339k), and South Africa ($204k).

Between 2021 and 2022, the fastest growing importers of Menthol were Netherlands ($6.61M), United States ($5.59M), Brazil ($2.75M), United Kingdom ($2.17M), and Poland ($1.85M).

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Exporters of Menthol (2021 - 2022)

Importers of Menthol (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Menthol.

In 2022, market concentration measured using Shannon Entropy, was 2.71. This means that most of the exports of Menthol are explained by 6 countries.

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Value of Exports in Menthol

Net Trade

TOP NET EXPORTER (2022)India$192M
TOP NET IMPORTER (2022)China$73.5M

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

In 2022, the countries that had a largest trade value in exports than in imports of Menthol were India ($192M), Germany ($133M), Malaysia ($59.5M), Austria ($3.95M), and Japan ($3.58M).

In 2022, the countries that had a largest trade value in imports than in exports of Menthol were China ($73.5M), United States ($58.8M), Indonesia ($27.6M), South Korea ($25.8M), and Thailand ($24.6M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Menthol 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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