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Synthetic organic colouring matter and preparations based thereon; synthetic organic products used as fluorescent brightening agents or as luminophores; whether or not chemically defined

3204 (Harmonized System 1992 for 4-digit)

2023
World Trade $12BRnk 315 / 1217
2023
Top Exporter | Top Importer $2.4B | $914MChina | China
2023
Product Complexity 0.48Rnk 378 / 1044
2022 - 2023
Export Growth (CAGR) -20.3%Rnk 1045 / 1217
2023
Share of World Trade 0.053%Rnk 315 / 1217

About

Overview This page contains the latest trade data of Synthetic Coloring Matter. In 2023, Synthetic Coloring Matter were the world's 315th most traded product, with a total trade of $12B. Between 2022 and 2023 the exports of Synthetic Coloring Matter decreased by -20.3%, from $15.1B to $12B. Trade in Synthetic Coloring Matter represent 0.053% of total world trade.

Synthetic Coloring Matter are a part of Paints, dyes, & varnishes. They include Synthetic organic pigments and preps based thereon, Synthetic organic colouring matter nes, Reactive dyes and preparations based thereon, Disperse dyes and preparations based thereon, Acid and mordant dyes and preparations based thereon, Synthetic organic fluorescent brightening agents, Synthetic organic products used as luminophores, Vat dyes and preparations based thereon, Direct dyes and preparations based thereon, and Basic dyes and preparations based thereon, among others.

Exports In 2023 the top exporters of Synthetic Coloring Matter  were China ($2.4B), India ($2.34B), Germany ($1.17B), United States ($865M), and South Korea ($506M).

Imports In 2023 the top importers of Synthetic Coloring Matter were China ($914M), Germany ($738M), United States ($682M), Turkey ($564M), and South Korea ($515M).

Ranking Synthetic Coloring Matter ranks 378th in the Product Complexity Index (PCI).

Description Colouring matter is used to dye fabrics or produce colorant preparations. Synthetic organic products are used as fluorescent brightening agents or as luminophores.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Synthetic Coloring Matter. 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$2.4B
Top Destination (2023)China$914M

In 2023 Synthetic Coloring Matter were the world's 315th most traded product (out of 1,217).

In 2023, the top exporters of Synthetic Coloring Matter were China ($2.4B), India ($2.34B), Germany ($1.17B), United States ($865M), and South Korea ($506M).

In 2023, the top importers of Synthetic Coloring Matter were China ($914M), Germany ($738M), United States ($682M), Turkey ($564M), and South Korea ($515M).

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Exporters of Synthetic Coloring Matter (2023)
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Importers of Synthetic Coloring Matter (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$72.7M
Top Destination Growth (2022 -  2023)Netherlands$32.9M

Between 2022 and 2023, the exports of Synthetic Coloring Matter grew the fastest in France ($72.7M), Honduras ($16.2M), Ireland ($4.76M), Hungary ($3.38M), and Norway ($2.3M).

Between 2022 and 2023, the fastest growing importers of Synthetic Coloring Matter were Netherlands ($32.9M), Algeria ($13M), Hong Kong ($12.8M), Uzbekistan ($8.03M), and Ethiopia ($4.98M).

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Exporters of Synthetic Coloring Matter (2022 - 2023)

Importers of Synthetic Coloring Matter (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic Coloring Matter.

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Synthetic Coloring Matter are explained by 17 countries.

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Value of Exports in Synthetic Coloring Matter

Net Trade

TOP NET EXPORTER (2023)India$2.04B
TOP NET IMPORTER (2023)Bangladesh$407M

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

In 2023, the countries that had a largest trade value in exports than in imports of Synthetic Coloring Matter were India ($2.04B), China ($1.49B), Germany ($435M), Switzerland ($210M), and United States ($182M).

In 2023, the countries that had a largest trade value in imports than in exports of Synthetic Coloring Matter were Bangladesh ($407M), Turkey ($402M), Vietnam ($302M), Brazil ($292M), and Mexico ($206M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Synthetic Coloring Matter, disaggragated by their HS6 level were Synthetic organic pigments and preps based... ($4.54B), Synthetic organic colouring matter nes ($1.89B), Reactive dyes and preparations based thereon ($1.34B), Disperse dyes and preparations based thereon ($982M), and Acid and mordant dyes and preparations... ($825M)

HS6 Disaggregation for Synthetic Coloring Matter (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Synthetic Coloring Matter by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $184M
TOP IMPORT POTENTIALChina+ $80.6M

Synthetic Coloring Matter’s highest export potential is China. With an export gap of $184M.  Synthetic Coloring Matter’s highest import potential is China with an import gap of $80.6M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Synthetic Coloring Matter.

Country by Relatedness

The following visualization shows the relatedness of Synthetic Coloring Matter to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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