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3824 (Harmonized System 1996 for 4-digit)

2023
World Trade $92.4BRnk 34 / 1218
2023
Top Exporter | Top Importer $15.5B | $10.1BChina | Netherlands
2023
Product Complexity 1.07Rnk 151 / 1045
2022 - 2023
Export Growth (CAGR) -5.17%Rnk 566 / 1218
2023
Share of World Trade 0.41%Rnk 34 / 1218

About

Overview This page contains the latest trade data of Prepr binder for foundry. In 2023, Prepr binder for foundry were the world's 34th most traded product, with a total trade of $92.4B. Between 2022 and 2023 the exports of Prepr binder for foundry decreased by -5.17%, from $97.5B to $92.4B. Trade in Prepr binder for foundry represent 0.41% of total world trade.

Prepr binder for foundry are a part of Chemical products n.e.s.. They include Chemical products, preparations and residual products of the chemical or allied industries,..., Cements, mortars or concretes: their prepared additives, Mortars and concretes: non-refractory, Metal carbides, non-agglomerated: mixed together or with metallic binders, Binders, prepared: for foundry moulds or cores, Sorbitol: other than that of subheading no. 2905.44, Mixtures containing halogenated derivatives of methane, ethane or propane: n.e.c. in item..., Acids; naphthenic acids, their water-insoluble salts and their esters, and Mixtures containing halogenated derivatives of methane, ethane or propane: containing chlorofluorocarbons (CFCs),....

Exports In 2023 the top exporters of Prepr binder for foundry  were China ($15.5B), Germany ($10.5B), United States ($9.13B), South Korea ($8.39B), and Netherlands ($7.17B).

Imports In 2023 the top importers of Prepr binder for foundry were Netherlands ($10.1B), United States ($9.43B), China ($6B), Germany ($5.9B), and France ($4.8B).

Ranking Prepr binder for foundry ranks 151st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Prepr binder for foundry. 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$15.5B
Top Destination (2023)Netherlands$10.1B

In 2023 Prepr binder for foundry were the world's 34th most traded product (out of 1,218).

In 2023, the top exporters of Prepr binder for foundry were China ($15.5B), Germany ($10.5B), United States ($9.13B), South Korea ($8.39B), and Netherlands ($7.17B).

In 2023, the top importers of Prepr binder for foundry were Netherlands ($10.1B), United States ($9.43B), China ($6B), Germany ($5.9B), and France ($4.8B).

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Exporters of Prepr binder for foundry (2023)
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Importers of Prepr binder for foundry (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$4.33B
Top Destination Growth (2022 -  2023)United States$2.15B

Between 2022 and 2023, the exports of Prepr binder for foundry grew the fastest in South Korea ($4.33B), China ($2.96B), Ireland ($618M), Hong Kong ($135M), and Guyana ($88.7M).

Between 2022 and 2023, the fastest growing importers of Prepr binder for foundry were United States ($2.15B), Hungary ($1.46B), Malaysia ($444M), South Korea ($363M), and Mexico ($198M).

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Exporters of Prepr binder for foundry (2022 - 2023)

Importers of Prepr binder for foundry (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Prepr binder for foundry.

In 2023, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Prepr binder for foundry are explained by 21 countries.

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Value of Exports in Prepr binder for foundry

Net Trade

TOP NET EXPORTER (2023)China$9.51B
TOP NET IMPORTER (2023)Hungary$3.61B

This map shows which countries export or import more of Prepr binder for foundry. Each country is colored based on the difference in exports and imports of Prepr binder for foundry during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Prepr binder for foundry were China ($9.51B), South Korea ($6.03B), Germany ($4.59B), Ireland ($2.82B), and Japan ($2.27B).

In 2023, the countries that had a largest trade value in imports than in exports of Prepr binder for foundry were Hungary ($3.61B), Netherlands ($2.95B), United Kingdom ($2.54B), Mexico ($2.13B), and France ($2.01B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Prepr binder for foundry, disaggragated by their HS6 level were Chemical products, preparations and residual products... ($87.6B), Cements, mortars or concretes: their prepared... ($2.04B), Mortars and concretes: non-refractory ($1.34B), Metal carbides, non-agglomerated: mixed together or... ($601M), and Binders, prepared: for foundry moulds or... ($485M)

HS6 Disaggregation for Prepr binder for foundry (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Prepr binder for foundry.
It is possible to select the main countries that export or import Prepr binder for foundry in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Prepr binder for foundry by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $57.6M
TOP IMPORT POTENTIALChina+ $69.7M

Prepr binder for foundry’s highest export potential is India. With an export gap of $57.6M.  Prepr binder for foundry’s highest import potential is China with an import gap of $69.7M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Prepr binder for foundry to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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