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291590 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.53BRnk 991 / 4644
2023
Top Exporter | Top Importer $490M | $441MGermany | China
2023
Product Complexity 1.15Rnk 540 / 4656
2022 - 2023
Export Growth (CAGR) -25.9%Rnk 4056 / 4644
2023
Share of World Trade 0.016%Rnk 991 / 4644

About

Overview This page contains the latest trade data of Saturated acyclic monocarboxylic acids, derivs, nes. In 2023, Saturated acyclic monocarboxylic acids, derivs, nes were the world's 991st most traded product, with a total trade of $3.53B. Between 2022 and 2023 the exports of Saturated acyclic monocarboxylic acids, derivs, nes decreased by -25.9%, from $4.76B to $3.53B. Trade in Saturated acyclic monocarboxylic acids, derivs, nes represent 0.016% of total world trade.

Saturated acyclic monocarboxylic acids, derivs, nes are a part of Saturated Acyclic Monocarboxylic Acids.

Exports In 2023 the top exporters of Saturated acyclic monocarboxylic acids, derivs, nes  were Germany ($490M), Malaysia ($395M), Indonesia ($380M), Netherlands ($336M), and China ($332M).

Imports In 2023 the top importers of Saturated acyclic monocarboxylic acids, derivs, nes were China ($441M), United States ($345M), India ($257M), Germany ($254M), and Netherlands ($252M).

Ranking Saturated acyclic monocarboxylic acids, derivs, nes ranks 540th in the Product Complexity Index (PCI).

Description Saturated acyclic monocarboxylic acids are found in foods, toiletries, and other household products. They are also the main component of the saturated fat in animal and vegetable fats and oils. They are used in the production of polyesters and other plastics. They are also used in the production of synthetic rubber.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Saturated acyclic monocarboxylic acids, derivs, nes. 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)Germany$490M
Top Destination (2023)China$441M

In 2023 Saturated acyclic monocarboxylic acids, derivs, nes were the world's 991st most traded product (out of 4,644).

In 2023, the top exporters of Saturated acyclic monocarboxylic acids, derivs, nes were Germany ($490M), Malaysia ($395M), Indonesia ($380M), Netherlands ($336M), and China ($332M).

In 2023, the top importers of Saturated acyclic monocarboxylic acids, derivs, nes were China ($441M), United States ($345M), India ($257M), Germany ($254M), and Netherlands ($252M).

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Exporters of Saturated acyclic monocarboxylic acids, derivs, nes (2023)
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Importers of Saturated acyclic monocarboxylic acids, derivs, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$10M
Top Destination Growth (2022 -  2023)Bulgaria$3.22M

Between 2022 and 2023, the exports of Saturated acyclic monocarboxylic acids, derivs, nes grew the fastest in Switzerland ($10M), Singapore ($7.05M), Mexico ($4.29M), Ireland ($2.41M), and Djibouti ($1.57M).

Between 2022 and 2023, the fastest growing importers of Saturated acyclic monocarboxylic acids, derivs, nes were Bulgaria ($3.22M), Ethiopia ($2.4M), Argentina ($2.2M), Uzbekistan ($686k), and Norway ($623k).

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Exporters of Saturated acyclic monocarboxylic acids, derivs, nes (2022 - 2023)

Importers of Saturated acyclic monocarboxylic acids, derivs, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Saturated acyclic monocarboxylic acids, derivs, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Saturated acyclic monocarboxylic acids, derivs, nes are explained by 16 countries.

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Value of Exports in Saturated acyclic monocarboxylic acids, derivs, nes

Net Trade

TOP NET EXPORTER (2023)Indonesia$354M
TOP NET IMPORTER (2023)China$108M

This map shows which countries export or import more of Saturated acyclic monocarboxylic acids, derivs, nes. Each country is colored based on the difference in exports and imports of Saturated acyclic monocarboxylic acids, derivs, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Saturated acyclic monocarboxylic acids, derivs, nes were Indonesia ($354M), Malaysia ($352M), Germany ($236M), Sweden ($86.1M), and Netherlands ($83.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Saturated acyclic monocarboxylic acids, derivs, nes were China ($108M), India ($93.8M), Spain ($91.6M), South Korea ($75.4M), and Italy ($73.5M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Saturated acyclic monocarboxylic acids, derivs, nes 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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