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293624 (Harmonized System 1992 for 6-digit)

2023
World Trade $525MRnk 2797 / 4644
2023
Top Exporter | Top Importer $247M | $78MChina | United States
2023
Product Complexity 1.54Rnk 153 / 4656
2022 - 2023
Export Growth (CAGR) -23.7%Rnk 3930 / 4644
2023
Share of World Trade 0.0023%Rnk 2797 / 4644

About

Overview This page contains the latest trade data of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative. In 2023, Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were the world's 2797th most traded product, with a total trade of $525M. Between 2022 and 2023 the exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative decreased by -23.7%, from $687M to $525M. Trade in Vitamin B3 & B5, D-or DL-panthothenic acid,derivative represent 0.0023% of total world trade.

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

Exports In 2023 the top exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative  were China ($247M), United Kingdom ($99.2M), Germany ($66.3M), Netherlands ($53.7M), and Belgium ($14.7M).

Imports In 2023 the top importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were United States ($78M), Netherlands ($45.1M), Brazil ($31.2M), Germany ($24.9M), and China ($21.4M).

Ranking Vitamin B3 & B5, D-or DL-panthothenic acid,derivative ranks 153rd 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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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.

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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$247M
Top Destination (2023)United States$78M

In 2023 Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were the world's 2797th most traded product (out of 4,644).

In 2023, the top exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were China ($247M), United Kingdom ($99.2M), Germany ($66.3M), Netherlands ($53.7M), and Belgium ($14.7M).

In 2023, the top importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were United States ($78M), Netherlands ($45.1M), Brazil ($31.2M), Germany ($24.9M), and China ($21.4M).

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Exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2023)
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Importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$1.14M
Top Destination Growth (2022 -  2023)India$7.36M

Between 2022 and 2023, the exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative grew the fastest in Japan ($1.14M), France ($989k), Brazil ($828k), Czechia ($191k), and Turkey ($165k).

Between 2022 and 2023, the fastest growing importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative were India ($7.36M), Argentina ($1.39M), Turkey ($1.36M), Egypt ($551k), and United Arab Emirates ($333k).

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Exporters of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2022 - 2023)

Importers of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 2.46. This means that most of the exports of Vitamin B3 & B5, D-or DL-panthothenic acid,derivative are explained by 5 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$226M
TOP NET IMPORTER (2023)United States$73.3M

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 2023.

In 2023, 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 ($226M), United Kingdom ($88.1M), Germany ($41.4M), Netherlands ($8.59M), and Belgium ($3.77M).

In 2023, 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 ($73.3M), Brazil ($30.3M), Thailand ($15M), India ($13.4M), and Poland ($12.4M).

Net Trade (2023)

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 (2023)

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