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Reaction initiators, accelerators, catalysts, nes

381590 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.73BRnk 778 / 4644
2023
Top Exporter | Top Importer $1.21B | $408MUnited States | China
2023
Product Complexity 1.56Rnk 135 / 4656
2022 - 2023
Export Growth (CAGR) -1.57%Rnk 1709 / 4644
2023
Share of World Trade 0.021%Rnk 778 / 4644

About

Overview This page contains the latest trade data of Reaction initiators, accelerators, catalysts, others. In 2023, Reaction initiators, accelerators, catalysts, others were the world's 778th most traded product, with a total trade of $4.73B. Between 2022 and 2023 the exports of Reaction initiators, accelerators, catalysts, others decreased by -1.57%, from $4.8B to $4.73B. Trade in Reaction initiators, accelerators, catalysts, others represent 0.021% of total world trade.

Reaction initiators, accelerators, catalysts, others are a part of Reaction and Catalytic Products.

Exports In 2023 the top exporters of Reaction initiators, accelerators, catalysts, others  were United States ($1.21B), Germany ($958M), Japan ($448M), China ($309M), and Netherlands ($249M).

Imports In 2023 the top importers of Reaction initiators, accelerators, catalysts, others were China ($408M), South Korea ($370M), United States ($315M), Indonesia ($265M), and Saudi Arabia ($206M).

Ranking Reaction initiators, accelerators, catalysts, others ranks 135th in the Product Complexity Index (PCI).

Description Reaction initiators are substances that start a chemical reaction, accelerators increase the rate of a reaction, and catalysts increase the reaction rates and speed, but do not change the course of the reaction.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Reaction initiators, accelerators, catalysts, others. 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)United States$1.21B
Top Destination (2023)China$408M

In 2023 Reaction initiators, accelerators, catalysts, others were the world's 778th most traded product (out of 4,644).

In 2023, the top exporters of Reaction initiators, accelerators, catalysts, others were United States ($1.21B), Germany ($958M), Japan ($448M), China ($309M), and Netherlands ($249M).

In 2023, the top importers of Reaction initiators, accelerators, catalysts, others were China ($408M), South Korea ($370M), United States ($315M), Indonesia ($265M), and Saudi Arabia ($206M).

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Exporters of Reaction initiators, accelerators, catalysts, others (2023)
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Importers of Reaction initiators, accelerators, catalysts, others (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$140M
Top Destination Growth (2022 -  2023)United Arab Emirates$53.8M

Between 2022 and 2023, the exports of Reaction initiators, accelerators, catalysts, others grew the fastest in Germany ($140M), United Arab Emirates ($52.9M), Netherlands ($49.3M), United States ($38.6M), and United Kingdom ($21.4M).

Between 2022 and 2023, the fastest growing importers of Reaction initiators, accelerators, catalysts, others were United Arab Emirates ($53.8M), Saudi Arabia ($51.9M), Oman ($40.3M), Mexico ($31.7M), and Italy ($31.1M).

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Exporters of Reaction initiators, accelerators, catalysts, others (2022 - 2023)

Importers of Reaction initiators, accelerators, catalysts, others (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Reaction initiators, accelerators, catalysts, others.

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Reaction initiators, accelerators, catalysts, others are explained by 14 countries.

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Value of Exports in Reaction initiators, accelerators, catalysts, others

Net Trade

TOP NET EXPORTER (2023)United States$895M
TOP NET IMPORTER (2023)South Korea$332M

This map shows which countries export or import more of Reaction initiators, accelerators, catalysts, others. Each country is colored based on the difference in exports and imports of Reaction initiators, accelerators, catalysts, others during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Reaction initiators, accelerators, catalysts, others were United States ($895M), Germany ($758M), Japan ($371M), Netherlands ($98.2M), and Denmark ($97.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Reaction initiators, accelerators, catalysts, others were South Korea ($332M), Indonesia ($257M), Thailand ($168M), Saudi Arabia ($129M), and Mexico ($107M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Reaction initiators, accelerators, catalysts, others 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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