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291711 (Harmonized System 1992 for 6-digit)

2023
World Trade $224MRnk 3586 / 4644
2023
Top Exporter | Top Importer $128M | $36.6MChina | Peru
2023
Product Complexity 0.66Rnk 1350 / 4656
2022 - 2023
Export Growth (CAGR) -25.5%Rnk 4036 / 4644
2023
Share of World Trade 0.00099%Rnk 3586 / 4644

About

Overview This page contains the latest trade data of Oxalic acid, its salts & esters. In 2023, Oxalic acid, its salts & esters were the world's 3586th most traded product, with a total trade of $224M. Between 2022 and 2023 the exports of Oxalic acid, its salts & esters decreased by -25.5%, from $301M to $224M. Trade in Oxalic acid, its salts & esters represent 0.00099% of total world trade.

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

Exports In 2023 the top exporters of Oxalic acid, its salts & esters  were China ($128M), India ($17.1M), Spain ($14.7M), Italy ($14.4M), and Germany ($12.9M).

Imports In 2023 the top importers of Oxalic acid, its salts & esters were Peru ($36.6M), Switzerland ($32.6M), Belgium ($18.7M), Japan ($14.9M), and India ($11.2M).

Ranking Oxalic acid, its salts & esters ranks 1350th 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 (2023)China$128M
Top Destination (2023)Peru$36.6M

In 2023 Oxalic acid, its salts & esters were the world's 3586th most traded product (out of 4,644).

In 2023, the top exporters of Oxalic acid, its salts & esters were China ($128M), India ($17.1M), Spain ($14.7M), Italy ($14.4M), and Germany ($12.9M).

In 2023, the top importers of Oxalic acid, its salts & esters were Peru ($36.6M), Switzerland ($32.6M), Belgium ($18.7M), Japan ($14.9M), and India ($11.2M).

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Exporters of Oxalic acid, its salts & esters (2023)
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Importers of Oxalic acid, its salts & esters (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$13.2M
Top Destination Growth (2022 -  2023)Switzerland$9.9M

Between 2022 and 2023, the exports of Oxalic acid, its salts & esters grew the fastest in Italy ($13.2M), Australia ($342k), Norway ($167k), Greece ($107k), and Brazil ($95.9k).

Between 2022 and 2023, the fastest growing importers of Oxalic acid, its salts & esters were Switzerland ($9.9M), Peru ($8.2M), Laos ($4.76M), Hungary ($779k), and France ($650k).

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Exporters of Oxalic acid, its salts & esters (2022 - 2023)

Importers of Oxalic acid, its salts & esters (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.59. 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 (2023)China$125M
TOP NET IMPORTER (2023)Peru$36.6M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Oxalic acid, its salts & esters were China ($125M), Spain ($13.8M), Italy ($7.5M), Germany ($6.97M), and India ($5.97M).

In 2023, the countries that had a largest trade value in imports than in exports of Oxalic acid, its salts & esters were Peru ($36.6M), Switzerland ($32M), Belgium ($18.1M), Japan ($12.2M), and Malaysia ($10.6M).

Net Trade (2023)

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 (2023)

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