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320620 (Harmonized System 1992 for 6-digit)

2023
World Trade $171MRnk 3777 / 4644
2023
Top Exporter | Top Importer $50.9M | $18.1MIndia | United States
2023
Product Complexity -0.33Rnk 3006 / 4656
2022 - 2023
Export Growth (CAGR) -5.37%Rnk 2145 / 4644
2023
Share of World Trade 0.00075%Rnk 3777 / 4644

About

Overview This page contains the latest trade data of Pigments and preparations based on chromium compounds. In 2023, Pigments and preparations based on chromium compounds were the world's 3777th most traded product, with a total trade of $171M. Between 2022 and 2023 the exports of Pigments and preparations based on chromium compounds decreased by -5.37%, from $180M to $171M. Trade in Pigments and preparations based on chromium compounds represent 0.00075% of total world trade.

Pigments and preparations based on chromium compounds are a part of Other Coloring Matter.

Exports In 2023 the top exporters of Pigments and preparations based on chromium compounds  were India ($50.9M), China ($23.2M), Mexico ($15.9M), Colombia ($12M), and Germany ($7.07M).

Imports In 2023 the top importers of Pigments and preparations based on chromium compounds were United States ($18.1M), Turkey ($14.9M), Russia ($11.6M), Brazil ($7.92M), and Thailand ($7.48M).

Ranking Pigments and preparations based on chromium compounds ranks 3006th in the Product Complexity Index (PCI).

Description Pigments and preparations based on chromium compounds are used on a variety of surfaces, including plastics. Chromium is used in the production of paints and certain plastics to increase their durability and color intensity.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pigments and preparations based on chromium compounds. 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$50.9M
Top Destination (2023)United States$18.1M

In 2023 Pigments and preparations based on chromium compounds were the world's 3777th most traded product (out of 4,644).

In 2023, the top exporters of Pigments and preparations based on chromium compounds were India ($50.9M), China ($23.2M), Mexico ($15.9M), Colombia ($12M), and Germany ($7.07M).

In 2023, the top importers of Pigments and preparations based on chromium compounds were United States ($18.1M), Turkey ($14.9M), Russia ($11.6M), Brazil ($7.92M), and Thailand ($7.48M).

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Exporters of Pigments and preparations based on chromium compounds (2023)
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Importers of Pigments and preparations based on chromium compounds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$7.05M
Top Destination Growth (2022 -  2023)Russia$2.89M

Between 2022 and 2023, the exports of Pigments and preparations based on chromium compounds grew the fastest in India ($7.05M), Hong Kong ($3.04M), Colombia ($2.68M), Saudi Arabia ($2.42M), and South Korea ($1.29M).

Between 2022 and 2023, the fastest growing importers of Pigments and preparations based on chromium compounds were Russia ($2.89M), Iraq ($2.46M), Nigeria ($2.16M), Turkey ($2.14M), and Brazil ($1.97M).

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Exporters of Pigments and preparations based on chromium compounds (2022 - 2023)

Importers of Pigments and preparations based on chromium compounds (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pigments and preparations based on chromium compounds.

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Pigments and preparations based on chromium compounds are explained by 14 countries.

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Value of Exports in Pigments and preparations based on chromium compounds

Net Trade

TOP NET EXPORTER (2023)India$49.2M
TOP NET IMPORTER (2023)Turkey$13.1M

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

In 2023, the countries that had a largest trade value in exports than in imports of Pigments and preparations based on chromium compounds were India ($49.2M), China ($16.5M), Mexico ($11.7M), Colombia ($11.4M), and Germany ($4.19M).

In 2023, the countries that had a largest trade value in imports than in exports of Pigments and preparations based on chromium compounds were Turkey ($13.1M), Russia ($11.4M), United States ($11.3M), Brazil ($7.48M), and Thailand ($6.81M).

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 Pigments and preparations based on chromium compounds.
It is possible to select the main countries that export or import Pigments and preparations based on chromium compounds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pigments and preparations based on chromium compounds 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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