Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
130120. Gum Arabic | European Union | USA | Exports | Value (US$) | 25,380,846.00 | 28,570,237.43 | 26,337,957.32 | 28,701,303.96 | 27,728,894.62 | 26,982,864.42 | 32,622,756.89 | 28,615,775.31 | 37,358,451.87 | 36,483,571.13 | 48,812,183.23 | 48,612,005.51 |
Value Growth, YoY (%) | 11.91 | 12.56 | -7.81 | 8.97 | -3.38 | -2.69 | 20.90 | -12.28 | 30.55 | -2.34 | 33.79 | -0.41 |
The value of exports of commodity group 130120 "Gum Arabic" from European Union to USA totalled $ 48 million in 2023. Sales of commodity group 130120 from European Union to USA declined by 0.41% compared to 2022.exports of commodity group 130120 "Gum Arabic" decreased by $ 200 thousand (exports of commodity group 130120 from European Union to USA were equal to $48 million in 2022)
Exports of "Gum Arabic" from European Union to USA accounted for 0.009% of the total merchandise exports in 2023 (total sales of goods from European Union to USA were equal to $ 535 billion in 2023). The share of commodity group 130120 in overall exports from European Union to USA went down by 0 p.p. compared to 2022 (it was 0.009% in 2022 and cumulative exports from European Union to USA were equal to $ 527 billion).
Exports of commodity group 130120 accounted for 12.2% of total sales of commodity group "" from European Union to USA in 2023 (cumulative exports of commodity group from European Union to USA were equal to $396 million in 2023). The share of exports of commodity group 130120 in sales of commodity group from European Union to USA went up by 4.87 p.p. compared to 2022 (it was 7.38% in 2022, and exports of commodity group from European Union to USA were $660 million).
Exports of commodity group 130120 accounted for 85 percent of total sales of commodity group "" from European Union to USA in 2023 (global exports of commodity group from European Union to USA were equal to 56 million USD in 2023). The share of exports of commodity group 130120 in sales of commodity group from European Union to USA went up by 1.81 p.p. compared to 2022 (it was 83 percent in 2022, and exports of commodity group from European Union to USA amounted to 58 million USD).
The share of USA in total exports of commodity group 130120 "Gum Arabic" from European Union was 30 percent (48 million USD) in 2023 of 158 million USD - the value of overall merchandise exports of commodity group 130120 from European Union in 2023. The share of USA in exports of commodity group 130120 "Gum Arabic" from European Union decreased by -5.83 p.p. in value terms compared to 2022 (it was 36 percent in 2022, and overall exports of commodity group 130120 "Gum Arabic" from European Union amounted to 134 million USD).