350290 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Albumins nes, albuminates & other albumin derivatives. In 2022, Albumins nes, albuminates & other albumin derivatives were the world's 1168th most traded product, with a total trade of $2.94B. Between 2021 and 2022 the exports of Albumins nes, albuminates & other albumin derivatives grew by 31.2%, from $2.24B to $2.94B. Trade in Albumins nes, albuminates & other albumin derivatives represent 0.012% of total world trade.

Albumins nes, albuminates & other albumin derivatives are a part of Water Soluble Proteins.

Exports In 2022 the top exporters of Albumins nes, albuminates & other albumin derivatives  were United States ($794M), Germany ($453M), Netherlands ($344M), New Zealand ($272M), and United Kingdom ($205M).

Imports In 2022 the top importers of Albumins nes, albuminates & other albumin derivatives were China ($392M), Japan ($352M), Netherlands ($231M), Germany ($199M), and United Kingdom ($194M).

Ranking Albumins nes, albuminates & other albumin derivatives ranks 1902nd in the Product Complexity Index (PCI).

Description Albumins and albuminates are protein molecules with many functions. They act as a negative charge balance for other protein molecules, such as collagen, blood clotting factors, and hemoglobin. Albuminates are used in some foods as emulsifiers, stabilizers, and thickeners.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Albumins nes, albuminates & other albumin derivatives. 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 (2022)United States$794M
Top Destination (2022)China$392M

In 2022 Albumins nes, albuminates & other albumin derivatives were the world's 1168th most traded product (out of 4,648).

In 2022, the top exporters of Albumins nes, albuminates & other albumin derivatives were United States ($794M), Germany ($453M), Netherlands ($344M), New Zealand ($272M), and United Kingdom ($205M).

In 2022, the top importers of Albumins nes, albuminates & other albumin derivatives were China ($392M), Japan ($352M), Netherlands ($231M), Germany ($199M), and United Kingdom ($194M).

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Exporters of Albumins nes, albuminates & other albumin derivatives (2022)
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Importers of Albumins nes, albuminates & other albumin derivatives (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$267M
Top Destination Growth (2021 -  2022)Japan$108M

Between 2021 and 2022, the exports of Albumins nes, albuminates & other albumin derivatives grew the fastest in United States ($267M), Germany ($102M), Poland ($60.5M), Netherlands ($53.4M), and Australia ($51.1M).

Between 2021 and 2022, the fastest growing importers of Albumins nes, albuminates & other albumin derivatives were Japan ($108M), Netherlands ($77.7M), United Kingdom ($67.2M), Germany ($57.8M), and Denmark ($52.9M).

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Exporters of Albumins nes, albuminates & other albumin derivatives (2021 - 2022)

Importers of Albumins nes, albuminates & other albumin derivatives (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Albumins nes, albuminates & other albumin derivatives.

In 2022, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Albumins nes, albuminates & other albumin derivatives are explained by 11 countries.

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Value of Exports in Albumins nes, albuminates & other albumin derivatives

Net Trade

TOP NET EXPORTER (2022)United States$667M
TOP NET IMPORTER (2022)China$385M

This map shows which countries export or import more of Albumins nes, albuminates & other albumin derivatives. Each country is colored based on the difference in exports and imports of Albumins nes, albuminates & other albumin derivatives during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Albumins nes, albuminates & other albumin derivatives were United States ($667M), New Zealand ($261M), Germany ($255M), Netherlands ($113M), and Australia ($73.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Albumins nes, albuminates & other albumin derivatives were China ($385M), Japan ($351M), India ($138M), Canada ($129M), and South Korea ($103M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Albumins nes, albuminates & other albumin derivatives.
It is possible to select the main countries that export or import Albumins nes, albuminates & other albumin derivatives in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Albumins nes, albuminates & other albumin derivatives 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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