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320415 (Harmonized System 1992 for 6-digit)

2023
World Trade $483MRnk 2891 / 4644
2023
Top Exporter | Top Importer $236M | $70.2MChina | India
2023
Product Complexity 0.58Rnk 1525 / 4656
2022 - 2023
Export Growth (CAGR) -30.6%Rnk 4241 / 4644
2023
Share of World Trade 0.0021%Rnk 2891 / 4644

About

Overview This page contains the latest trade data of Vat dyes and preparations based thereon. In 2023, Vat dyes and preparations based thereon were the world's 2891st most traded product, with a total trade of $483M. Between 2022 and 2023 the exports of Vat dyes and preparations based thereon decreased by -30.6%, from $696M to $483M. Trade in Vat dyes and preparations based thereon represent 0.0021% of total world trade.

Vat dyes and preparations based thereon are a part of Synthetic Coloring Matter.

Exports In 2023 the top exporters of Vat dyes and preparations based thereon  were China ($236M), India ($55.1M), Germany ($43.1M), Singapore ($41.4M), and Pakistan ($27.1M).

Imports In 2023 the top importers of Vat dyes and preparations based thereon were India ($70.2M), Turkey ($45.8M), Pakistan ($39.5M), Bangladesh ($38.9M), and Brazil ($36.1M).

Ranking Vat dyes and preparations based thereon ranks 1525th in the Product Complexity Index (PCI).

Description Vat dyes are used in the textile industry, home dyeing, and in the manufacture of wood pulp, gelatin, and food colors. Typical vat dyes are indigo, yellow, and blue.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vat dyes and preparations 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$236M
Top Destination (2023)India$70.2M

In 2023 Vat dyes and preparations based thereon were the world's 2891st most traded product (out of 4,644).

In 2023, the top exporters of Vat dyes and preparations based thereon were China ($236M), India ($55.1M), Germany ($43.1M), Singapore ($41.4M), and Pakistan ($27.1M).

In 2023, the top importers of Vat dyes and preparations based thereon were India ($70.2M), Turkey ($45.8M), Pakistan ($39.5M), Bangladesh ($38.9M), and Brazil ($36.1M).

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Exporters of Vat dyes and preparations based thereon (2023)
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Importers of Vat dyes and preparations based thereon (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$1.08M
Top Destination Growth (2022 -  2023)Algeria$4.98M

Between 2022 and 2023, the exports of Vat dyes and preparations based thereon grew the fastest in Switzerland ($1.08M), Czechia ($663k), France ($622k), Thailand ($397k), and Honduras ($374k).

Between 2022 and 2023, the fastest growing importers of Vat dyes and preparations based thereon were Algeria ($4.98M), Senegal ($965k), Argentina ($870k), Somalia ($552k), and Russia ($404k).

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Exporters of Vat dyes and preparations based thereon (2022 - 2023)

Importers of Vat dyes and preparations based thereon (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vat dyes and preparations based thereon.

In 2023, market concentration measured using Shannon Entropy, was 2.79. This means that most of the exports of Vat dyes and preparations based thereon are explained by 6 countries.

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Value of Exports in Vat dyes and preparations based thereon

Net Trade

TOP NET EXPORTER (2023)China$223M
TOP NET IMPORTER (2023)Turkey$43.4M

This map shows which countries export or import more of Vat dyes and preparations based thereon. Each country is colored based on the difference in exports and imports of Vat dyes and preparations based thereon during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vat dyes and preparations based thereon were China ($223M), Germany ($28.7M), Switzerland ($13.7M), Singapore ($6.95M), and Hong Kong ($1.29M).

In 2023, the countries that had a largest trade value in imports than in exports of Vat dyes and preparations based thereon were Turkey ($43.4M), Brazil ($29.4M), Vietnam ($17.2M), Mexico ($15.6M), and India ($15.2M).

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 Vat dyes and preparations based thereon.
It is possible to select the main countries that export or import Vat dyes and preparations based thereon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vat dyes and preparations 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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