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320417 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.54BRnk 800 / 4644
2023
Top Exporter | Top Importer $875M | $413MChina | Germany
2023
Product Complexity 1.11Rnk 610 / 4656
2022 - 2023
Export Growth (CAGR) -17.1%Rnk 3434 / 4644
2023
Share of World Trade 0.02%Rnk 800 / 4644

About

Overview This page contains the latest trade data of Synthetic organic pigments and preps based thereon. In 2023, Synthetic organic pigments and preps based thereon were the world's 800th most traded product, with a total trade of $4.54B. Between 2022 and 2023 the exports of Synthetic organic pigments and preps based thereon decreased by -17.1%, from $5.48B to $4.54B. Trade in Synthetic organic pigments and preps based thereon represent 0.02% of total world trade.

Synthetic organic pigments and preps based thereon are a part of Synthetic Coloring Matter.

Exports In 2023 the top exporters of Synthetic organic pigments and preps based thereon  were China ($875M), India ($769M), Germany ($674M), Japan ($294M), and United States ($269M).

Imports In 2023 the top importers of Synthetic organic pigments and preps based thereon were Germany ($413M), United States ($387M), China ($271M), Japan ($246M), and Italy ($191M).

Ranking Synthetic organic pigments and preps based thereon ranks 610th in the Product Complexity Index (PCI).

Description Synthetic organic pigments are made from organic chemical compounds and are often used in paints and plastics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Synthetic organic pigments and preps based thereon. 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$875M
Top Destination (2023)Germany$413M

In 2023 Synthetic organic pigments and preps based thereon were the world's 800th most traded product (out of 4,644).

In 2023, the top exporters of Synthetic organic pigments and preps based thereon were China ($875M), India ($769M), Germany ($674M), Japan ($294M), and United States ($269M).

In 2023, the top importers of Synthetic organic pigments and preps based thereon were Germany ($413M), United States ($387M), China ($271M), Japan ($246M), and Italy ($191M).

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Exporters of Synthetic organic pigments and preps based thereon (2023)
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Importers of Synthetic organic pigments and preps based thereon (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$4.35M
Top Destination Growth (2022 -  2023)Russia$7.09M

Between 2022 and 2023, the exports of Synthetic organic pigments and preps based thereon grew the fastest in Singapore ($4.35M), Vietnam ($4.29M), Greece ($2.38M), Norway ($2.21M), and Hungary ($1.4M).

Between 2022 and 2023, the fastest growing importers of Synthetic organic pigments and preps based thereon were Russia ($7.09M), Hong Kong ($4.95M), Algeria ($3.37M), Belarus ($3.2M), and Ethiopia ($3.18M).

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Exporters of Synthetic organic pigments and preps based thereon (2022 - 2023)

Importers of Synthetic organic pigments and preps based thereon (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic organic pigments and preps based thereon.

In 2023, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Synthetic organic pigments and preps based thereon are explained by 16 countries.

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Value of Exports in Synthetic organic pigments and preps based thereon

Net Trade

TOP NET EXPORTER (2023)India$687M
TOP NET IMPORTER (2023)Italy$121M

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

In 2023, the countries that had a largest trade value in exports than in imports of Synthetic organic pigments and preps based thereon were India ($687M), China ($604M), Germany ($261M), Switzerland ($79.1M), and Japan ($48.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Synthetic organic pigments and preps based thereon were Italy ($121M), United States ($118M), Brazil ($101M), Vietnam ($88.4M), and Russia ($79.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Synthetic organic pigments and preps based thereon 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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