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330130 (Harmonized System 1992 for 6-digit)

2023
World Trade $87.5MRnk 4112 / 4644
2023
Top Exporter | Top Importer $16M | $14.8MFrance | Saudi Arabia
2023
Product Complexity -0.84Rnk 3650 / 4656
2022 - 2023
Export Growth (CAGR) 8.05%Rnk 794 / 4644
2023
Share of World Trade 0.00039%Rnk 4112 / 4644

About

Overview This page contains the latest trade data of Resinoids. In 2023, Resinoids were the world's 4112th most traded product, with a total trade of $87.5M. Between 2022 and 2023 the exports of Resinoids grew by 8.05%, from $81M to $87.5M. Trade in Resinoids represent 0.00039% of total world trade.

Resinoids are a part of Essential Oils.

Exports In 2023 the top exporters of Resinoids  were France ($16M), India ($9.06M), Switzerland ($9M), Thailand ($7.77M), and China ($6.16M).

Imports In 2023 the top importers of Resinoids were Saudi Arabia ($14.8M), France ($13.7M), United States ($7.56M), United Kingdom ($3.52M), and Italy ($3.27M).

Ranking Resinoids ranks 3650th in the Product Complexity Index (PCI).

Description A resinoid is a mixture of two substances that are not soluble in each other, one of which is usually an organic compound. The two substances are mixed together with a solvent, such as petroleum ether, and left to stand. The solvent is then drawn off, and the dry mass is heated in order to remove the solvent.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Resinoids. 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)France$16M
Top Destination (2023)Saudi Arabia$14.8M

In 2023 Resinoids were the world's 4112th most traded product (out of 4,644).

In 2023, the top exporters of Resinoids were France ($16M), India ($9.06M), Switzerland ($9M), Thailand ($7.77M), and China ($6.16M).

In 2023, the top importers of Resinoids were Saudi Arabia ($14.8M), France ($13.7M), United States ($7.56M), United Kingdom ($3.52M), and Italy ($3.27M).

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Exporters of Resinoids (2023)
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Importers of Resinoids (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$4.21M
Top Destination Growth (2022 -  2023)France$8.75M

Between 2022 and 2023, the exports of Resinoids grew the fastest in Switzerland ($4.21M), Thailand ($1.41M), Spain ($1.23M), Saudi Arabia ($1.18M), and Indonesia ($946k).

Between 2022 and 2023, the fastest growing importers of Resinoids were France ($8.75M), Oman ($1.28M), Netherlands ($1.22M), Italy ($1.19M), and Philippines ($1.1M).

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Exporters of Resinoids (2022 - 2023)

Importers of Resinoids (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Resinoids.

In 2023, market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Resinoids are explained by 18 countries.

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Value of Exports in Resinoids

Net Trade

TOP NET EXPORTER (2023)Switzerland$7.78M
TOP NET IMPORTER (2023)Saudi Arabia$13.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Resinoids were Switzerland ($7.78M), Thailand ($7.31M), India ($6.69M), China ($4.35M), and France ($2.31M).

In 2023, the countries that had a largest trade value in imports than in exports of Resinoids were Saudi Arabia ($13.3M), Oman ($2.84M), Nigeria ($2.03M), United States ($1.89M), and Singapore ($1.72M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Resinoids 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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