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380610 (Harmonized System 1992 for 6-digit)

2022
World Trade $746MRnk 2503 / 4648
2022
Top Exporter | Top Importer $143M | $109MIndonesia | China
2022
Product Complexity -0.62Rnk 3369 / 4653
2021 - 2022
Export Growth (CAGR) 0.72%Rnk 2846 / 4648
2022
Share of World Trade 0.0032%Rnk 2503 / 4648

About

Overview This page contains the latest trade data of Rosin and resin acids. In 2022, Rosin and resin acids were the world's 2503rd most traded product, with a total trade of $746M. Between 2021 and 2022 the exports of Rosin and resin acids grew by 0.72%, from $741M to $746M. Trade in Rosin and resin acids represent 0.0032% of total world trade.

Rosin and resin acids are a part of Rosin.

Exports In 2022 the top exporters of Rosin and resin acids  were Indonesia ($143M), Brazil ($134M), Vietnam ($96.6M), United States ($62.7M), and China ($58.7M).

Imports In 2022 the top importers of Rosin and resin acids were China ($109M), Portugal ($78.4M), India ($75.7M), Japan ($65M), and Netherlands ($48.2M).

Ranking Rosin and resin acids ranks 3369th in the Product Complexity Index (PCI).

Description Rosin acids are typically used in the production of resins or used in the production of certain types of varnishes, such as nitrocellulose lacquers.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Rosin and resin acids. 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)Indonesia$143M
Top Destination (2022)China$109M

In 2022 Rosin and resin acids were the world's 2503rd most traded product (out of 4,648).

In 2022, the top exporters of Rosin and resin acids were Indonesia ($143M), Brazil ($134M), Vietnam ($96.6M), United States ($62.7M), and China ($58.7M).

In 2022, the top importers of Rosin and resin acids were China ($109M), Portugal ($78.4M), India ($75.7M), Japan ($65M), and Netherlands ($48.2M).

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Exporters of Rosin and resin acids (2022)
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Importers of Rosin and resin acids (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$24.2M
Top Destination Growth (2021 -  2022)Canada$25.5M

Between 2021 and 2022, the exports of Rosin and resin acids grew the fastest in United States ($24.2M), Indonesia ($16.9M), Finland ($7.03M), Singapore ($5M), and Nepal ($3.89M).

Between 2021 and 2022, the fastest growing importers of Rosin and resin acids were Canada ($25.5M), Portugal ($13.2M), Spain ($10.5M), France ($4.82M), and Indonesia ($3.94M).

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Exporters of Rosin and resin acids (2021 - 2022)

Importers of Rosin and resin acids (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rosin and resin acids.

In 2022, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Rosin and resin acids are explained by 13 countries.

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Value of Exports in Rosin and resin acids

Net Trade

TOP NET EXPORTER (2022)Indonesia$137M
TOP NET IMPORTER (2022)India$74.1M

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

In 2022, the countries that had a largest trade value in exports than in imports of Rosin and resin acids were Indonesia ($137M), Brazil ($133M), Vietnam ($94.9M), United States ($44M), and Finland ($39M).

In 2022, the countries that had a largest trade value in imports than in exports of Rosin and resin acids were India ($74.1M), Japan ($60.7M), China ($50.6M), Portugal ($45.7M), and Canada ($38.2M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Rosin and resin acids 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 (2022)

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