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291821 (Harmonized System 1992 for 6-digit)

2023
World Trade $140MRnk 3886 / 4644
2023
Top Exporter | Top Importer $56M | $32.9MChina | India
2023
Product Complexity 0.87Rnk 1007 / 4656
2022 - 2023
Export Growth (CAGR) -13.9%Rnk 3132 / 4644
2023
Share of World Trade 0.00062%Rnk 3886 / 4644

About

Overview This page contains the latest trade data of Salicylic acid, salts. In 2023, Salicylic acid, salts were the world's 3886th most traded product, with a total trade of $140M. Between 2022 and 2023 the exports of Salicylic acid, salts decreased by -13.9%, from $163M to $140M. Trade in Salicylic acid, salts represent 0.00062% of total world trade.

Salicylic acid, salts are a part of Carboxylic Acids.

Exports In 2023 the top exporters of Salicylic acid, salts  were China ($56M), France ($33.7M), Germany ($21.7M), India ($5.59M), and Italy ($4.72M).

Imports In 2023 the top importers of Salicylic acid, salts were India ($32.9M), United States ($20.3M), Germany ($13.4M), Mexico ($11M), and Thailand ($5.02M).

Ranking Salicylic acid, salts ranks 1007th in the Product Complexity Index (PCI).

Description Salicylic acid is often used for its anti-inflammatory properties, which can help reduce acne and redness. Salts are often used to help maintain healthy skin and reduce oil production.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Salicylic acid, 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)China$56M
Top Destination (2023)India$32.9M

In 2023 Salicylic acid, salts were the world's 3886th most traded product (out of 4,644).

In 2023, the top exporters of Salicylic acid, salts were China ($56M), France ($33.7M), Germany ($21.7M), India ($5.59M), and Italy ($4.72M).

In 2023, the top importers of Salicylic acid, salts were India ($32.9M), United States ($20.3M), Germany ($13.4M), Mexico ($11M), and Thailand ($5.02M).

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Exporters of Salicylic acid, salts (2023)
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Importers of Salicylic acid, salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$2.91M
Top Destination Growth (2022 -  2023)France$1.39M

Between 2022 and 2023, the exports of Salicylic acid, salts grew the fastest in Germany ($2.91M), Sweden ($1.1M), Mexico ($976k), Hong Kong ($600k), and Denmark ($301k).

Between 2022 and 2023, the fastest growing importers of Salicylic acid, salts were France ($1.39M), China ($1.13M), Mexico ($933k), Denmark ($576k), and United Arab Emirates ($523k).

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Exporters of Salicylic acid, salts (2022 - 2023)

Importers of Salicylic acid, salts (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.71. This means that most of the exports of Salicylic acid, salts are explained by 6 countries.

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Value of Exports in Salicylic acid, salts

Net Trade

TOP NET EXPORTER (2023)China$54M
TOP NET IMPORTER (2023)India$27.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Salicylic acid, salts were China ($54M), France ($29.4M), Germany ($8.35M), Spain ($1.97M), and Italy ($1.52M).

In 2023, the countries that had a largest trade value in imports than in exports of Salicylic acid, salts were India ($27.3M), United States ($19.2M), Mexico ($8.23M), Thailand ($4.7M), and Japan ($3.41M).

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

Top 10 Exporters Countries of Salicylic acid, 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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