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294200 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.44BRnk 1721 / 4644
2023
Top Exporter | Top Importer $415M | $220MIndia | Hong Kong
2023
Product Complexity 0.14Rnk 2303 / 4656
2022 - 2023
Export Growth (CAGR) -3.52%Rnk 1918 / 4644
2023
Share of World Trade 0.0064%Rnk 1721 / 4644

About

Overview This page contains the latest trade data of Organic compounds, nes. In 2023, Organic compounds, nes were the world's 1721st most traded product, with a total trade of $1.44B. Between 2022 and 2023 the exports of Organic compounds, nes decreased by -3.52%, from $1.5B to $1.44B. Trade in Organic compounds, nes represent 0.0064% of total world trade.

Organic compounds, nes are a part of Other Organic Compounds.

Exports In 2023 the top exporters of Organic compounds, nes  were India ($415M), United Arab Emirates ($246M), China ($113M), United States ($76.7M), and Philippines ($67.7M).

Imports In 2023 the top importers of Organic compounds, nes were Hong Kong ($220M), Japan ($133M), South Korea ($86.6M), United States ($79.1M), and India ($65M).

Ranking Organic compounds, nes ranks 2303rd in the Product Complexity Index (PCI).

Description Organic compounds are used in a variety of products such as plastics, cosmetics, antiseptics, and fertilizers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Organic 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)India$415M
Top Destination (2023)Hong Kong$220M

In 2023 Organic compounds, nes were the world's 1721st most traded product (out of 4,644).

In 2023, the top exporters of Organic compounds, nes were India ($415M), United Arab Emirates ($246M), China ($113M), United States ($76.7M), and Philippines ($67.7M).

In 2023, the top importers of Organic compounds, nes were Hong Kong ($220M), Japan ($133M), South Korea ($86.6M), United States ($79.1M), and India ($65M).

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Exporters of Organic compounds, nes (2023)
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Importers of Organic compounds, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$151M
Top Destination Growth (2022 -  2023)Hong Kong$211M

Between 2022 and 2023, the exports of Organic compounds, nes grew the fastest in United Arab Emirates ($151M), South Korea ($8.16M), Italy ($5.64M), Jordan ($5.21M), and Austria ($4.78M).

Between 2022 and 2023, the fastest growing importers of Organic compounds, nes were Hong Kong ($211M), South Korea ($51.1M), Singapore ($16.1M), Uganda ($4.02M), and Vietnam ($3.78M).

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Exporters of Organic compounds, nes (2022 - 2023)

Importers of Organic compounds, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Organic compounds, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Organic compounds, nes are explained by 14 countries.

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Value of Exports in Organic compounds, nes

Net Trade

TOP NET EXPORTER (2023)India$350M
TOP NET IMPORTER (2023)Hong Kong$218M

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

In 2023, the countries that had a largest trade value in exports than in imports of Organic compounds, nes were India ($350M), United Arab Emirates ($215M), China ($72.3M), Philippines ($64.1M), and France ($28.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Organic compounds, nes were Hong Kong ($218M), Japan ($78M), Bangladesh ($48.6M), Singapore ($45.1M), and South Korea ($40.5M).

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

Top 10 Exporters Countries of Organic 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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