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293624 (Harmonized System 1992 for 6-digit)

2022
World Trade $693MRnk 2595 / 4648
2022
Top Exporter | Top Importer $284M | $98.5MChina | United States
2022
Product Complexity 1.11Rnk 617 / 4653
2021 - 2022
Export Growth (CAGR) 47.7%Rnk 177 / 4648
2022
Share of World Trade 0.0029%Rnk 2595 / 4648

About

Overview This page contains the latest trade data of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative. In 2022, Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were the world's 2595th most traded product, with a total trade of $693M. Between 2021 and 2022 the exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative grew by 47.7%, from $469M to $693M. Trade in Vitamin B3 & B5, D-or DL-panthothenic acid,derivative represent 0.0029% of total world trade.

Vitamin B3 & B5, D-or DL-panthothenic acid,derivative are a part of Vitamins.

Exports In 2022 the top exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative  were China ($284M), United Kingdom ($116M), Netherlands ($115M), Germany ($73.4M), and Belgium ($22M).

Imports In 2022 the top importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were United States ($98.5M), Netherlands ($48.1M), Belgium ($43.4M), Brazil ($35.7M), and China ($30.8M).

Ranking Vitamin B3 & B5, D-or DL-panthothenic acid,derivative ranks 617th in the Product Complexity Index (PCI).

Description Vitamin B3 (niacin) is used in the body to produce energy from food. B5 (pantothenic acid) is used to synthesize the important energy carrier molecule, adenosine triphosphate, or ATP. D-Pantothenic acid is used to synthesize coenzyme A, an important molecule involved in the metabolism of carbohydrates, fats, and protein.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Vitamin B3 & B5, D-or DL-panthothenic acid,derivative. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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$284M
Top Destination (2022)United States$98.5M

In 2022 Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were the world's 2595th most traded product (out of 4,648).

In 2022, the top exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were China ($284M), United Kingdom ($116M), Netherlands ($115M), Germany ($73.4M), and Belgium ($22M).

In 2022, the top importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were United States ($98.5M), Netherlands ($48.1M), Belgium ($43.4M), Brazil ($35.7M), and China ($30.8M).

Explore Visualizations

Exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2022)
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Importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$84.9M
Top Destination Growth (2021 -  2022)United States$27.4M

Between 2021 and 2022, the exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative grew the fastest in China ($84.9M), Netherlands ($80.6M), United Kingdom ($20M), Germany ($15.6M), and Belgium ($12.1M).

Between 2021 and 2022, the fastest growing importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were United States ($27.4M), Netherlands ($26.4M), Belgium ($26M), Thailand ($14.6M), and Singapore ($12.4M).

Explore Visualizations

Exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2021 - 2022)

Importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative.

In 2022, market concentration measured using Shannon Entropy, was 2.75. This means that most of the exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative are explained by 6 countries.

Explore Visualizations

Value of Exports in Vitamin B3 & B5, D-or DL-panthothenic acid,derivative

Net Trade

TOP NET EXPORTER (2022)China$253M
TOP NET IMPORTER (2022)United States$84.9M

This map shows which countries export or import more of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative. Each country is colored based on the difference in exports and imports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were China ($253M), United Kingdom ($101M), Netherlands ($66.5M), Germany ($44.7M), and Hong Kong ($1.48M).

In 2022, the countries that had a largest trade value in imports than in exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were United States ($84.9M), Brazil ($35.5M), Thailand ($28.3M), South Korea ($22.3M), and Belgium ($21.5M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vitamin B3 & B5, D-or DL-panthothenic acid,derivative.
It is possible to select the main countries that export or import Vitamin B3 & B5, D-or DL-panthothenic acid,derivative in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative 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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