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Vegetable saps and extracts; pectic substances, pectinates and pectates; agar-agar and other mucilages and thickeners, whether or not modified, derived from vegetable products

1302 (Harmonized System 1992 for 4-digit)

2023
World Trade $8.08BRnk 412 / 1217
2023
Top Exporter | Top Importer $1.64B | $1.48BChina | United States
2023
Product Complexity -1.09Rnk 876 / 1044
2022 - 2023
Export Growth (CAGR) -14.4%Rnk 886 / 1217
2023
Share of World Trade 0.036%Rnk 412 / 1217

About

Overview This page contains the latest trade data of Vegetable Saps. In 2023, Vegetable Saps were the world's 412th most traded product, with a total trade of $8.08B. Between 2022 and 2023 the exports of Vegetable Saps decreased by -14.4%, from $9.45B to $8.08B. Trade in Vegetable Saps represent 0.036% of total world trade.

Vegetable Saps are a part of Natural gums, resins & other vegetable extracts. They include Vegetable saps and extracts nes, Mucilages & thickeners, from locust bean, guar seeds, Mucilages and thickeners nes, Pectic substances, pectinates, pectates, Hop extract, Agar-agar, Liquorice extract, Opium sap, and Pyrethrum, roots containing rotenone, extracts.

Exports In 2023 the top exporters of Vegetable Saps  were China ($1.64B), India ($1.03B), Germany ($664M), Spain ($605M), and France ($551M).

Imports In 2023 the top importers of Vegetable Saps were United States ($1.48B), Germany ($567M), China ($414M), Japan ($327M), and France ($320M).

Ranking Vegetable Saps ranks 876th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vegetable Saps. 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$1.64B
Top Destination (2023)United States$1.48B

In 2023 Vegetable Saps were the world's 412th most traded product (out of 1,217).

In 2023, the top exporters of Vegetable Saps were China ($1.64B), India ($1.03B), Germany ($664M), Spain ($605M), and France ($551M).

In 2023, the top importers of Vegetable Saps were United States ($1.48B), Germany ($567M), China ($414M), Japan ($327M), and France ($320M).

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Exporters of Vegetable Saps (2023)
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Importers of Vegetable Saps (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chile$35.3M
Top Destination Growth (2022 -  2023)Hong Kong$54.7M

Between 2022 and 2023, the exports of Vegetable Saps grew the fastest in Chile ($35.3M), Belgium ($23.4M), Brazil ($12.5M), Uzbekistan ($6.16M), and Laos ($4.81M).

Between 2022 and 2023, the fastest growing importers of Vegetable Saps were Hong Kong ($54.7M), Netherlands ($40M), Czechia ($11M), Algeria ($10.6M), and India ($9.66M).

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Exporters of Vegetable Saps (2022 - 2023)

Importers of Vegetable Saps (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vegetable Saps.

In 2023, market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Vegetable Saps are explained by 20 countries.

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Value of Exports in Vegetable Saps

Net Trade

TOP NET EXPORTER (2023)China$1.23B
TOP NET IMPORTER (2023)United States$988M

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

In 2023, the countries that had a largest trade value in exports than in imports of Vegetable Saps were China ($1.23B), India ($900M), Spain ($318M), France ($231M), and Philippines ($200M).

In 2023, the countries that had a largest trade value in imports than in exports of Vegetable Saps were United States ($988M), Japan ($290M), Russia ($267M), South Korea ($182M), and Hong Kong ($160M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Vegetable Saps, disaggragated by their HS6 level were Vegetable saps and extracts nes ($3.57B), Mucilages and thickeners nes ($1.68B), Mucilages & thickeners, from locust bean,... ($1.07B), Pectic substances, pectinates, pectates ($960M), and Hop extract ($354M)

HS6 Disaggregation for Vegetable Saps (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 Vegetable Saps.
It is possible to select the main countries that export or import Vegetable Saps in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vegetable Saps by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $62.3M
TOP IMPORT POTENTIALChina+ $31.9M

Vegetable Saps’s highest export potential is China. With an export gap of $62.3M.  Vegetable Saps’s highest import potential is China with an import gap of $31.9M.

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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 Vegetable Saps.

Country by Relatedness

The following visualization shows the relatedness of Vegetable Saps 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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