China dominates the global export of Vitamin B12, valued at $234.66M in 2023, followed by France ($73.41M) and Japan ($62.95M). The data reveals fluctuations over the previous year, with Japan showing a substantial 28.2% increase, while Mexico faced an 11.13% decline. Notably, Greece and Slovenia recorded notable year-on-year growths of 17.16% and 30.45% respectively. Over five years, the Compound Annual Growth Rate for Vitamin B12 has varied, indicating a mixed performance overall.
Future trends to watch include China’s export stability, potential market growth in Japan, and emerging contributions from countries like Slovenia and Greece. Attention should be given to shifts in global health trends and dietary supplements as demand drivers.
Top countries in Export of Vitamin B12 by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 234,660,000 | 2023 | +4.35% | +4.51% | View data |
| 2 | 2 France | 73,413,000 | 2023 | +2.7% | +2.02% | View data |
| 3 | 3 Japan | 62,947,000 | 2023 | +5.29% | +28.2% | View data |
| 4 | 4 Spain | 16,370,000 | 2023 | +2.39% | +1.21% | View data |
| 5 | 5 United States | 11,777,000 | 2023 | +2.01% | -0.13% | View data |
| 6 | 6 India | 5,627,500 | 2023 | +3.4% | +0.34% | View data |
| 7 | 7 Germany | 4,551,300 | 2023 | +3.49% | +1.64% | View data |
| 8 | 8 Singapore | 3,796,400 | 2023 | -0.58% | +2.28% | View data |
| 9 | 9 Belgium | 3,745,800 | 2023 | +3.94% | +3.74% | View data |
| 10 | 10 United Arab Emirates | 3,593,900 | 2023 | +6.46% | +0.77% | View data |
