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291711 (Harmonized System 1992 for 6-digit)

2022
World Trade $284MRnk 3464 / 4648
2022
Top Exporter | Top Importer $161M | $50.4MChina | Belgium
2022
Product Complexity 0.89Rnk 947 / 4653
2021 - 2022
Export Growth (CAGR) 31.2%Rnk 393 / 4648
2022
Share of World Trade 0.0012%Rnk 3464 / 4648

About

Overview This page contains the latest trade data of Oxalic acid, its salts & esters. In 2022, Oxalic acid, its salts & esters were the world's 3464th most traded product, with a total trade of $284M. Between 2021 and 2022 the exports of Oxalic acid, its salts & esters grew by 31.2%, from $216M to $284M. Trade in Oxalic acid, its salts & esters represent 0.0012% of total world trade.

Oxalic acid, its salts & esters are a part of Polycarboxylic Acids.

Exports In 2022 the top exporters of Oxalic acid, its salts & esters  were China ($161M), India ($25.7M), Spain ($18.6M), Germany ($15.4M), and France ($12.1M).

Imports In 2022 the top importers of Oxalic acid, its salts & esters were Belgium ($50.4M), Peru ($26.4M), Japan ($22.5M), Switzerland ($20.9M), and United States ($16.8M).

Ranking Oxalic acid, its salts & esters ranks 947th in the Product Complexity Index (PCI).

Description Oxalic acid is most commonly used as a rust remover, and in the production of dye. Oxalic acid salts are commonly used as a food preservative, and in the production of plastics and dyes. Oxalic acid esters are commonly used as a wood-finishing agent, and in the production of pharmaceuticals and disinfectants.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Oxalic 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$161M
Top Destination (2022)Belgium$50.4M

In 2022 Oxalic acid, its salts & esters were the world's 3464th most traded product (out of 4,648).

In 2022, the top exporters of Oxalic acid, its salts & esters were China ($161M), India ($25.7M), Spain ($18.6M), Germany ($15.4M), and France ($12.1M).

In 2022, the top importers of Oxalic acid, its salts & esters were Belgium ($50.4M), Peru ($26.4M), Japan ($22.5M), Switzerland ($20.9M), and United States ($16.8M).

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Exporters of Oxalic acid, its salts & esters (2022)
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Importers of Oxalic acid, its salts & esters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$42.2M
Top Destination Growth (2021 -  2022)Belgium$31.4M

Between 2021 and 2022, the exports of Oxalic acid, its salts & esters grew the fastest in China ($42.2M), Spain ($6.29M), Saudi Arabia ($5.51M), India ($3.19M), and Chinese Taipei ($3.16M).

Between 2021 and 2022, the fastest growing importers of Oxalic acid, its salts & esters were Belgium ($31.4M), Peru ($10.1M), United States ($8.52M), Switzerland ($7.61M), and Canada ($6.61M).

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.6. This means that most of the exports of Oxalic acid, its salts & esters are explained by 6 countries.

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Value of Exports in Oxalic acid, its salts & esters

Net Trade

TOP NET EXPORTER (2022)China$156M
TOP NET IMPORTER (2022)Belgium$49.7M

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

In 2022, the countries that had a largest trade value in exports than in imports of Oxalic acid, its salts & esters were China ($156M), Spain ($17.5M), India ($15.5M), Saudi Arabia ($8.47M), and France ($8.01M).

In 2022, the countries that had a largest trade value in imports than in exports of Oxalic acid, its salts & esters were Belgium ($49.7M), Japan ($20.3M), Switzerland ($19.4M), United States ($13.4M), and Malaysia ($11.5M).

Net Trade (2022)

Country Comparison

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

Top 10 Exporters Countries of Oxalic 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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