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291822 (Harmonized System 1992 for 6-digit)

2022
World Trade $90.7MRnk 4149 / 4648
2022
Top Exporter | Top Importer $29.4M | $16.6MChina | United States
2022
Product Complexity -0.096Rnk 2663 / 4653
2021 - 2022
Export Growth (CAGR) -5.08%Rnk 3576 / 4648
2022
Share of World Trade 0.00038%Rnk 4149 / 4648

About

Overview This page contains the latest trade data of O-acetylsalicylic acid, its salts & esters. In 2022, O-acetylsalicylic acid, its salts & esters were the world's 4149th most traded product, with a total trade of $90.7M. Between 2021 and 2022 the exports of O-acetylsalicylic acid, its salts & esters decreased by -5.08%, from $95.5M to $90.7M. Trade in O-acetylsalicylic acid, its salts & esters represent 0.00038% of total world trade.

O-acetylsalicylic acid, its salts & esters are a part of Carboxylic Acids.

Exports In 2022 the top exporters of O-acetylsalicylic acid, its salts & esters  were China ($29.4M), Spain ($21.2M), France ($19M), Thailand ($8.02M), and Germany ($7.54M).

Imports In 2022 the top importers of O-acetylsalicylic acid, its salts & esters were United States ($16.6M), Russia ($9.55M), Germany ($8.29M), Italy ($7.33M), and Mexico ($6.31M).

Ranking O-acetylsalicylic acid, its salts & esters ranks 2663rd in the Product Complexity Index (PCI).

Description O-acetylsalicylic acid (commonly known as aspirin) is a non-steroidal anti-inflammatory drug (NSAID) that alleviates pain and fever. Aspirin is used to treat a wide variety of conditions including pain, inflammation, and fever. Aspirin also has a medical use in the prevention of heart attacks.

Latest Trends

Latest Data

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The following visualization shows the latest trends on O-acetylsalicylic acid, its salts & esters. 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)China$29.4M
Top Destination (2022)United States$16.6M

In 2022 O-acetylsalicylic acid, its salts & esters were the world's 4149th most traded product (out of 4,648).

In 2022, the top exporters of O-acetylsalicylic acid, its salts & esters were China ($29.4M), Spain ($21.2M), France ($19M), Thailand ($8.02M), and Germany ($7.54M).

In 2022, the top importers of O-acetylsalicylic acid, its salts & esters were United States ($16.6M), Russia ($9.55M), Germany ($8.29M), Italy ($7.33M), and Mexico ($6.31M).

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Exporters of O-acetylsalicylic acid, its salts & esters (2022)
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Importers of O-acetylsalicylic acid, its salts & esters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$3.77M
Top Destination Growth (2021 -  2022)Italy$1.01M

Between 2021 and 2022, the exports of O-acetylsalicylic acid, its salts & esters grew the fastest in China ($3.77M), Germany ($524k), Czechia ($280k), South Korea ($240k), and France ($166k).

Between 2021 and 2022, the fastest growing importers of O-acetylsalicylic acid, its salts & esters were Italy ($1.01M), Romania ($882k), Russia ($749k), Austria ($644k), and Belarus ($566k).

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Exporters of O-acetylsalicylic acid, its salts & esters (2021 - 2022)

Importers of O-acetylsalicylic acid, its salts & esters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of O-acetylsalicylic acid, its salts & esters.

In 2022, market concentration measured using Shannon Entropy, was 2.57. This means that most of the exports of O-acetylsalicylic acid, its salts & esters are explained by 5 countries.

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Value of Exports in O-acetylsalicylic acid, its salts & esters

Net Trade

TOP NET EXPORTER (2022)China$29.3M
TOP NET IMPORTER (2022)United States$16.2M

This map shows which countries export or import more of O-acetylsalicylic acid, its salts & esters. Each country is colored based on the difference in exports and imports of O-acetylsalicylic acid, its salts & esters during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of O-acetylsalicylic acid, its salts & esters were China ($29.3M), Spain ($20M), France ($18.2M), Thailand ($7.4M), and India ($1.37M).

In 2022, the countries that had a largest trade value in imports than in exports of O-acetylsalicylic acid, its salts & esters were United States ($16.2M), Russia ($9.55M), Italy ($7.28M), Japan ($3.24M), and South Africa ($3.02M).

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 O-acetylsalicylic acid, its salts & esters.
It is possible to select the main countries that export or import O-acetylsalicylic acid, its salts & esters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of O-acetylsalicylic acid, its salts & esters 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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