Overview of Water Soluble Proteins Trade (2023)
In 2023, Water Soluble Proteins ranked as the 673rd most traded product globally, with a total trade value of $2.92 billion. From 2022 to 2023, exports of Water Soluble Proteins decreased by 16.4%, dropping from $3.49 billion to $2.92 billion. Trade in Water Soluble Proteins accounts for 0.013% of total world trade.
Water Soluble Proteins fall under the category of glues, starches, and albuminoid products, including albumins not elsewhere specified, albuminates, other albumin derivatives, and egg albumin.
Exports
In 2023, the leading exporters of Water Soluble Proteins were the United States ($670 million), Germany ($371 million), the Netherlands ($331 million), New Zealand ($252 million), and Denmark ($235 million).
Imports
The top importers of Water Soluble Proteins in 2023 were Japan ($401 million), China ($351 million), the Netherlands ($208 million), the United Kingdom ($188 million), and Germany ($159 million).
Ranking
Water Soluble Proteins hold the 422nd position in the Product Complexity Index (PCI).
Description
Albumins are commonly used in the food industry as substitutes for eggs, egg whites, and dairy products. They are also utilized in the medical field for treating burns, wounds, and providing immune system support.
Source: https://oec.world/
