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Products containing nicotine, other than tobacco or reconstituted tobacco, intended for inhalation without combustion

240412 (Harmonized System 2022 for 6-digit)

2023
World Trade $6.35BRnk 594 / 5606
2023
Top Exporter | Top Importer $5.01B | $1.19BChina | United Kingdom
2023
Product Complexity 0.22Rnk 2626 / 5606
2022 - 2023
Export Growth (CAGR) 82.2%Rnk 75 / 5606
2023
Share of World Trade 0.028%Rnk 594 / 5606

About

Overview This page contains the latest trade data of Nicotine vapes: not tobacco-based. In 2023, Nicotine vapes: not tobacco-based were the world's 594th most traded product, with a total trade of $6.35B. Between 2022 and 2023 the exports of Nicotine vapes: not tobacco-based grew by 82.2%, from $3.49B to $6.35B. Trade in Nicotine vapes: not tobacco-based represent 0.028% of total world trade.

Nicotine vapes: not tobacco-based are a part of Inhalable tobacco/nicotine products.

Exports In 2023 the top exporters of Nicotine vapes: not tobacco-based  were China ($5.01B), Indonesia ($263M), Hong Kong ($167M), Croatia ($149M), and Netherlands ($94.2M).

Imports In 2023 the top importers of Nicotine vapes: not tobacco-based were United Kingdom ($1.19B), South Korea ($603M), Germany ($447M), Russia ($401M), and Netherlands ($377M).

Ranking Nicotine vapes: not tobacco-based ranks 2626th 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 Nicotine vapes: not tobacco-based. 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$5.01B
Top Destination (2023)United Kingdom$1.19B

In 2023 Nicotine vapes: not tobacco-based were the world's 594th most traded product (out of 5,606).

In 2023, the top exporters of Nicotine vapes: not tobacco-based were China ($5.01B), Indonesia ($263M), Hong Kong ($167M), Croatia ($149M), and Netherlands ($94.2M).

In 2023, the top importers of Nicotine vapes: not tobacco-based were United Kingdom ($1.19B), South Korea ($603M), Germany ($447M), Russia ($401M), and Netherlands ($377M).

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Exporters of Nicotine vapes: not tobacco-based (2023)
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Importers of Nicotine vapes: not tobacco-based (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)China$2.23B
Top Destination Growth (2022 -  2023)United Kingdom$740M

Between 2022 and 2023, the exports of Nicotine vapes: not tobacco-based grew the fastest in China ($2.23B), Indonesia ($137M), Hong Kong ($91.9M), Hungary ($81.3M), and Croatia ($64.9M).

Between 2022 and 2023, the fastest growing importers of Nicotine vapes: not tobacco-based were United Kingdom ($740M), South Korea ($557M), Germany ($257M), Netherlands ($248M), and Canada ($171M).

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Exporters of Nicotine vapes: not tobacco-based (2022 - 2023)

Importers of Nicotine vapes: not tobacco-based (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nicotine vapes: not tobacco-based.

In 2023, market concentration measured using Shannon Entropy, was 1.58. This means that most of the exports of Nicotine vapes: not tobacco-based are explained by 2 countries.

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Value of Exports in Nicotine vapes: not tobacco-based

Net Trade

Year
TOP NET EXPORTER (2023)China$4.98B
TOP NET IMPORTER (2023)United Kingdom$1.11B

This map shows which countries export or import more of Nicotine vapes: not tobacco-based. Each country is colored based on the difference in exports and imports of Nicotine vapes: not tobacco-based during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Nicotine vapes: not tobacco-based were China ($4.98B), Indonesia ($205M), Hong Kong ($157M), Croatia ($39.5M), and Hungary ($22.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Nicotine vapes: not tobacco-based were United Kingdom ($1.11B), South Korea ($590M), Germany ($405M), Russia ($400M), and Netherlands ($283M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Nicotine vapes: not tobacco-based.
It is possible to select the main countries that export or import Nicotine vapes: not tobacco-based in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nicotine vapes: not tobacco-based by percentage of total exports

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)

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