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291613 (Harmonized System 1992 for 6-digit)

2023
World Trade $284MRnk 3391 / 4644
2023
Top Exporter | Top Importer $73.1M | $45MSouth Korea | France
2023
Product Complexity 1.76Rnk 68 / 4656
2022 - 2023
Export Growth (CAGR) -25.2%Rnk 4025 / 4644
2023
Share of World Trade 0.0013%Rnk 3391 / 4644

About

Overview This page contains the latest trade data of Methacrylic acid, salts. In 2023, Methacrylic acid, salts were the world's 3391st most traded product, with a total trade of $284M. Between 2022 and 2023 the exports of Methacrylic acid, salts decreased by -25.2%, from $381M to $284M. Trade in Methacrylic acid, salts represent 0.0013% of total world trade.

Methacrylic acid, salts are a part of Unsaturated Acyclic Monocarboxylic Acids.

Exports In 2023 the top exporters of Methacrylic acid, salts  were South Korea ($73.1M), Germany ($59.4M), China ($33.2M), Thailand ($25.1M), and United States ($22.4M).

Imports In 2023 the top importers of Methacrylic acid, salts were France ($45M), India ($31.5M), China ($25.5M), United States ($20.6M), and Malaysia ($18.2M).

Ranking Methacrylic acid, salts ranks 68th in the Product Complexity Index (PCI).

Description Methacrylic acid, also known as acrylic acid, is used in paints, inks, adhesives, and as a pH regulator. Salts of methacrylic acid are used in nail polish, in hair dyes, in textile printing, and in textile finishing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Methacrylic acid, salts. 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 (2023)South Korea$73.1M
Top Destination (2023)France$45M

In 2023 Methacrylic acid, salts were the world's 3391st most traded product (out of 4,644).

In 2023, the top exporters of Methacrylic acid, salts were South Korea ($73.1M), Germany ($59.4M), China ($33.2M), Thailand ($25.1M), and United States ($22.4M).

In 2023, the top importers of Methacrylic acid, salts were France ($45M), India ($31.5M), China ($25.5M), United States ($20.6M), and Malaysia ($18.2M).

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Exporters of Methacrylic acid, salts (2023)
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Importers of Methacrylic acid, salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$1.95M
Top Destination Growth (2022 -  2023)China$4.76M

Between 2022 and 2023, the exports of Methacrylic acid, salts grew the fastest in Chinese Taipei ($1.95M), Hong Kong ($457k), Spain ($173k), United Arab Emirates ($113k), and Kazakhstan ($93.8k).

Between 2022 and 2023, the fastest growing importers of Methacrylic acid, salts were China ($4.76M), Norway ($1.09M), Brazil ($936k), Portugal ($407k), and Egypt ($384k).

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Exporters of Methacrylic acid, salts (2022 - 2023)

Importers of Methacrylic acid, salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Methacrylic acid, salts.

In 2023, market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Methacrylic acid, salts are explained by 8 countries.

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Value of Exports in Methacrylic acid, salts

Net Trade

TOP NET EXPORTER (2023)South Korea$71.9M
TOP NET IMPORTER (2023)France$44.8M

This map shows which countries export or import more of Methacrylic acid, salts. Each country is colored based on the difference in exports and imports of Methacrylic acid, salts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Methacrylic acid, salts were South Korea ($71.9M), Germany ($53.3M), Thailand ($24.6M), Belgium ($14.1M), and Japan ($13.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Methacrylic acid, salts were France ($44.8M), India ($30.5M), Malaysia ($18.2M), Brazil ($14.5M), and United Kingdom ($14.3M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Methacrylic acid, salts 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 (2023)

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