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Cyclic hydrocarbons: top exporters and importers (2024)

In 2024, world trade in cyclic hydrocarbons totaled $41.4 billion (39.4 million tonnes). The top exporters were South Korea (23%), Japan (8%) and Saudi Arabia (7%); the top importers were China (34%), the United States (10%) and India (8%). Compared with 2019, the value fell 10%.

Summary

World trade
$41.4billion
Tonnes
39.4million tonnes
Price per tonne
$1,049
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. South Korea$9.3 billion · 22.5%
  2. Japan$3.5 billion · 8.5%
  3. Saudi Arabia$2.8 billion · 6.7%
  4. Netherlands$2.7 billion · 6.4%
    re-exports
  5. United States$2.6 billion · 6.2%
  6. Taiwan$2.4 billion · 5.7%
  7. Singapore$2.3 billion · 5.5%
    re-exports
  8. Brunei$1.7 billion · 4.2%
  9. India$1.6 billion · 3.9%
  10. Belgium$1.5 billion · 3.6%
    re-exports
  11. China$1.4 billion · 3.3%
  12. Kuwait$1.3 billion · 3.1%
  13. Germany$996 million · 2.4%
  14. Thailand$863 million · 2.1%
  15. Vietnam$750 million · 1.8%
  16. Malaysia$743 million · 1.8%
  17. Oman$700 million · 1.7%
  18. France$668 million · 1.6%
  19. Spain$482 million · 1.2%
  20. Canada$444 million · 1.1%

Top importers

  1. China$14.1 billion · 34%
  2. United States$4.1 billion · 10%
  3. India$3.2 billion · 7.6%
  4. Taiwan$2.4 billion · 5.9%
  5. Netherlands$1.8 billion · 4.4%
    re-exports
  6. Belgium$1.7 billion · 4.1%
    re-exports
  7. South Korea$1.4 billion · 3.3%
  8. Germany$1.3 billion · 3.1%
  9. Mexico$1.1 billion · 2.6%
  10. Turkey$941 million · 2.3%
  11. Indonesia$761 million · 1.8%
  12. Malaysia$757 million · 1.8%
  13. France$754 million · 1.8%
  14. Saudi Arabia$748 million · 1.8%
  15. Italy$564 million · 1.4%
  16. Brazil$540 million · 1.3%
  17. Spain$478 million · 1.2%
  18. Pakistan$385 million · 0.93%
  19. Thailand$368 million · 0.89%
  20. Poland$319 million · 0.77%

Trend

Who sells it

South Korea has been the top exporter since 2010

Value in USD billions. The five largest exporters in 2024.

  • South Korea 9.3
  • Japan 3.5
  • Saudi Arabia 2.8
  • Netherlands 2.7
  • United States 2.6

Source: CEPII BACI

Show the numbers
Country19952024
South Korea0.869.3
Japan2.23.5
Saudi Arabia0.262.8
Netherlands1.92.7
United States1.82.6

Price

Implied price

The price per tonne rose 73% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $1,049

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$606
1996$472
1997$479
1998$377
1999$393
2000$519
2001$436
2002$453
2003$581
2004$851
2005$918
2006$1,027
2007$1,144
2008$1,215
2009$893
2010$1,046
2011$1,329
2012$1,374
2013$1,460
2014$1,396
2015$908
2016$802
2017$914
2018$1,045
2019$875
2020$633
2021$956
2022$1,155
2023$1,053
2024$1,049

What it includes

  • 2902 · Cyclic hydrocarbons

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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