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Explosives; propellent powders

3601 (Harmonized System 1992 for 4-digit)

2022
World Trade $491MRnk 1054 / 1218
2022
Top Exporter | Top Importer $104M | $113MUnited States | United States
2021 - 2022
Export Growth (CAGR) -0.85%Rnk 902 / 1218
2022
Share of World Trade 0.0021%Rnk 1054 / 1218

About

Overview This page contains the latest trade data of Propellant Powders. In 2022, Propellant Powders were the world's 1054th most traded product, with a total trade of $491M. Between 2021 and 2022 the exports of Propellant Powders decreased by -0.85%, from $496M to $491M. Trade in Propellant Powders represent 0.0021% of total world trade.

Propellant Powders are a part of Explosives, matches, & fireworks. They include Propellent powders.

Exports In 2022 the top exporters of Propellant Powders  were United States ($104M), Canada ($66.2M), Switzerland ($45.6M), France ($43M), and Belgium ($39.9M).

Imports In 2022 the top importers of Propellant Powders were United States ($113M), Germany ($37.9M), France ($33.5M), Italy ($30.5M), and Japan ($22.2M).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Propellant Powders. 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)United States$104M
Top Destination (2022)United States$113M

In 2022 Propellant Powders were the world's 1054th most traded product (out of 1,218).

In 2022, the top exporters of Propellant Powders were United States ($104M), Canada ($66.2M), Switzerland ($45.6M), France ($43M), and Belgium ($39.9M).

In 2022, the top importers of Propellant Powders were United States ($113M), Germany ($37.9M), France ($33.5M), Italy ($30.5M), and Japan ($22.2M).

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Exporters of Propellant Powders (2022)
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Importers of Propellant Powders (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$14.2M
Top Destination Growth (2021 -  2022)Poland$9.6M

Between 2021 and 2022, the exports of Propellant Powders grew the fastest in United States ($14.2M), Sweden ($6.79M), Thailand ($6.22M), Switzerland ($4.72M), and China ($2.02M).

Between 2021 and 2022, the fastest growing importers of Propellant Powders were Poland ($9.6M), Spain ($8.64M), Czechia ($5.22M), United Arab Emirates ($4.09M), and Sweden ($3.99M).

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Exporters of Propellant Powders (2021 - 2022)

Importers of Propellant Powders (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Propellant Powders.

In 2022, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Propellant Powders are explained by 13 countries.

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Value of Exports in Propellant Powders

Net Trade

TOP NET EXPORTER (2022)Canada$55.5M
TOP NET IMPORTER (2022)South Korea$20.1M

This map shows which countries export or import more of Propellant Powders. Each country is colored based on the difference in exports and imports of Propellant Powders during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Propellant Powders were Canada ($55.5M), Switzerland ($40.9M), Belgium ($34M), Serbia ($26.7M), and Finland ($20.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Propellant Powders were South Korea ($20.1M), Japan ($19.6M), Italy ($17.8M), United Kingdom ($14.9M), and Poland ($14.6M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Propellant Powders by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $453k
TOP IMPORT POTENTIALUnited States+ $954k

Propellant Powders’s highest export potential is China. With an export gap of $453k.  Propellant Powders’s highest import potential is United States with an import gap of $954k.

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 (2022)

Country by Relatedness

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

Relative Relatedness by Country (2022)

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