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292690 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.88BRnk 1141 / 4644
2023
Top Exporter | Top Importer $981M | $297MChina | Brazil
2023
Product Complexity 1.25Rnk 399 / 4656
2022 - 2023
Export Growth (CAGR) -20.3%Rnk 3709 / 4644
2023
Share of World Trade 0.013%Rnk 1141 / 4644

About

Overview This page contains the latest trade data of Nitrile-function compounds, nes. In 2023, Nitrile-function compounds, nes were the world's 1141st most traded product, with a total trade of $2.88B. Between 2022 and 2023 the exports of Nitrile-function compounds, nes decreased by -20.3%, from $3.61B to $2.88B. Trade in Nitrile-function compounds, nes represent 0.013% of total world trade.

Nitrile-function compounds, nes are a part of Nitrile Compounds.

Exports In 2023 the top exporters of Nitrile-function compounds, nes  were China ($981M), India ($388M), United States ($260M), Germany ($231M), and Netherlands ($206M).

Imports In 2023 the top importers of Nitrile-function compounds, nes were Brazil ($297M), France ($286M), United States ($265M), Belgium ($227M), and India ($195M).

Ranking Nitrile-function compounds, nes ranks 399th in the Product Complexity Index (PCI).

Description Nitrile-function compounds are used in the production of synthetic rubber compounds, as antioxidants, as antifoaming agents, in the production of polymeric resins, and as high-temperature lubricants.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Nitrile-function compounds, nes. 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)China$981M
Top Destination (2023)Brazil$297M

In 2023 Nitrile-function compounds, nes were the world's 1141st most traded product (out of 4,644).

In 2023, the top exporters of Nitrile-function compounds, nes were China ($981M), India ($388M), United States ($260M), Germany ($231M), and Netherlands ($206M).

In 2023, the top importers of Nitrile-function compounds, nes were Brazil ($297M), France ($286M), United States ($265M), Belgium ($227M), and India ($195M).

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Exporters of Nitrile-function compounds, nes (2023)
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Importers of Nitrile-function compounds, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$70M
Top Destination Growth (2022 -  2023)France$121M

Between 2022 and 2023, the exports of Nitrile-function compounds, nes grew the fastest in Netherlands ($70M), Spain ($7.39M), Switzerland ($7.16M), Italy ($6.4M), and Japan ($5.87M).

Between 2022 and 2023, the fastest growing importers of Nitrile-function compounds, nes were France ($121M), Belgium ($77.3M), South Korea ($35.7M), Vietnam ($6.01M), and Estonia ($4.78M).

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Exporters of Nitrile-function compounds, nes (2022 - 2023)

Importers of Nitrile-function compounds, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nitrile-function compounds, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Nitrile-function compounds, nes are explained by 10 countries.

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Value of Exports in Nitrile-function compounds, nes

Net Trade

TOP NET EXPORTER (2023)China$803M
TOP NET IMPORTER (2023)Brazil$290M

This map shows which countries export or import more of Nitrile-function compounds, nes. Each country is colored based on the difference in exports and imports of Nitrile-function compounds, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Nitrile-function compounds, nes were China ($803M), India ($193M), Netherlands ($73.1M), United Kingdom ($42.5M), and Germany ($41.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Nitrile-function compounds, nes were Brazil ($290M), France ($137M), Italy ($111M), South Korea ($93.4M), and Pakistan ($76.9M).

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 Nitrile-function compounds, nes.
It is possible to select the main countries that export or import Nitrile-function compounds, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nitrile-function compounds, nes 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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