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290721 (Harmonized System 1992 for 6-digit)

2023
World Trade $174MRnk 3767 / 4644
2023
Top Exporter | Top Importer $92.2M | $32.6MJapan | United States
2023
Product Complexity 0.14Rnk 2304 / 4656
2022 - 2023
Export Growth (CAGR) -40.4%Rnk 4449 / 4644
2023
Share of World Trade 0.00077%Rnk 3767 / 4644

About

Overview This page contains the latest trade data of Resorcinol, salts. In 2023, Resorcinol, salts were the world's 3767th most traded product, with a total trade of $174M. Between 2022 and 2023 the exports of Resorcinol, salts decreased by -40.4%, from $291M to $174M. Trade in Resorcinol, salts represent 0.00077% of total world trade.

Resorcinol, salts are a part of Phenols.

Exports In 2023 the top exporters of Resorcinol, salts  were Japan ($92.2M), China ($39.7M), Belgium ($15.5M), Germany ($7.7M), and Switzerland ($4.8M).

Imports In 2023 the top importers of Resorcinol, salts were United States ($32.6M), India ($25M), Belgium ($22.9M), Germany ($11.8M), and China ($11M).

Ranking Resorcinol, salts ranks 2304th in the Product Complexity Index (PCI).

Description Resorcinol is a chemical used in hair dye to strengthen the hair, and to make hair more manageable. Salt is often used in cooking for flavor.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Resorcinol, salts. 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)Japan$92.2M
Top Destination (2023)United States$32.6M

In 2023 Resorcinol, salts were the world's 3767th most traded product (out of 4,644).

In 2023, the top exporters of Resorcinol, salts were Japan ($92.2M), China ($39.7M), Belgium ($15.5M), Germany ($7.7M), and Switzerland ($4.8M).

In 2023, the top importers of Resorcinol, salts were United States ($32.6M), India ($25M), Belgium ($22.9M), Germany ($11.8M), and China ($11M).

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Exporters of Resorcinol, salts (2023)
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Importers of Resorcinol, salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$705k
Top Destination Growth (2022 -  2023)Cote d'Ivoire$515k

Between 2022 and 2023, the exports of Resorcinol, salts grew the fastest in Switzerland ($705k), Hong Kong ($271k), Spain ($260k), United Kingdom ($171k), and Canada ($135k).

Between 2022 and 2023, the fastest growing importers of Resorcinol, salts were Cote d'Ivoire ($515k), Spain ($384k), United Arab Emirates ($188k), Singapore ($84.4k), and Uzbekistan ($60.1k).

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Exporters of Resorcinol, salts (2022 - 2023)

Importers of Resorcinol, salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Resorcinol, salts.

In 2023, market concentration measured using Shannon Entropy, was 2.18. This means that most of the exports of Resorcinol, salts are explained by 4 countries.

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Value of Exports in Resorcinol, salts

Net Trade

TOP NET EXPORTER (2023)Japan$90.7M
TOP NET IMPORTER (2023)United States$29.8M

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

In 2023, the countries that had a largest trade value in exports than in imports of Resorcinol, salts were Japan ($90.7M), China ($28.7M), Switzerland ($4.05M), Hong Kong ($351k), and United Kingdom ($74k).

In 2023, the countries that had a largest trade value in imports than in exports of Resorcinol, salts were United States ($29.8M), India ($20.9M), Italy ($9.23M), Belgium ($7.45M), and Spain ($5.78M).

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 Resorcinol, salts.
It is possible to select the main countries that export or import Resorcinol, salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Resorcinol, salts 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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