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280700 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.3BRnk 1082 / 4648
2022
Top Exporter | Top Importer $638M | $754MChina | Chile
2022
Product Complexity -0.13Rnk 2700 / 4653
2021 - 2022
Export Growth (CAGR) 82.7%Rnk 74 / 4648
2022
Share of World Trade 0.014%Rnk 1082 / 4648

About

Overview This page contains the latest trade data of Sulphuric acid, oleum. In 2022, Sulphuric acid, oleum were the world's 1082nd most traded product, with a total trade of $3.3B. Between 2021 and 2022 the exports of Sulphuric acid, oleum grew by 82.7%, from $1.81B to $3.3B. Trade in Sulphuric acid, oleum represent 0.014% of total world trade.

Sulphuric acid, oleum are a part of Sulfuric Acid.

Exports In 2022 the top exporters of Sulphuric acid, oleum  were China ($638M), South Korea ($321M), Japan ($301M), Peru ($218M), and Canada ($210M).

Imports In 2022 the top importers of Sulphuric acid, oleum were Chile ($754M), United States ($459M), Morocco ($201M), India ($199M), and Brazil ($190M).

Ranking Sulphuric acid, oleum ranks 2700th in the Product Complexity Index (PCI).

Description Sulphuric acid is a very strong mineral acid. It is often used to clean metal surfaces and to produce fertilizers. It is also used in the refining of petroleum and in the production of detergents. Oleum is pure sulfuric acid. It is often used in the refining of petroleum and in the production of detergents.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Sulphuric acid, oleum. 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)China$638M
Top Destination (2022)Chile$754M

In 2022 Sulphuric acid, oleum were the world's 1082nd most traded product (out of 4,648).

In 2022, the top exporters of Sulphuric acid, oleum were China ($638M), South Korea ($321M), Japan ($301M), Peru ($218M), and Canada ($210M).

In 2022, the top importers of Sulphuric acid, oleum were Chile ($754M), United States ($459M), Morocco ($201M), India ($199M), and Brazil ($190M).

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Exporters of Sulphuric acid, oleum (2022)
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Importers of Sulphuric acid, oleum (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$319M
Top Destination Growth (2021 -  2022)Chile$467M

Between 2021 and 2022, the exports of Sulphuric acid, oleum grew the fastest in China ($319M), Japan ($176M), South Korea ($166M), Peru ($141M), and Mexico ($82.8M).

Between 2021 and 2022, the fastest growing importers of Sulphuric acid, oleum were Chile ($467M), United States ($218M), Philippines ($127M), Democratic Republic of the Congo ($118M), and Brazil ($116M).

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Exporters of Sulphuric acid, oleum (2021 - 2022)

Importers of Sulphuric acid, oleum (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sulphuric acid, oleum.

In 2022, market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Sulphuric acid, oleum are explained by 20 countries.

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Value of Exports in Sulphuric acid, oleum

Net Trade

TOP NET EXPORTER (2022)China$610M
TOP NET IMPORTER (2022)Chile$753M

This map shows which countries export or import more of Sulphuric acid, oleum. Each country is colored based on the difference in exports and imports of Sulphuric acid, oleum during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sulphuric acid, oleum were China ($610M), South Korea ($320M), Japan ($300M), Peru ($201M), and Canada ($187M).

In 2022, the countries that had a largest trade value in imports than in exports of Sulphuric acid, oleum were Chile ($753M), United States ($420M), Morocco ($201M), Brazil ($190M), and Democratic Republic of the Congo ($174M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Sulphuric acid, oleum 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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