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Epoxides (ethylene and propylene oxide): top exporters and importers (2024)

In 2024, world trade in epoxides (ethylene and propylene oxide) totaled $3.2 billion (2.1 million tonnes). The top exporters were the Netherlands (17%), the United States (15%) and Germany (14%); the top importers were Germany (15%), the Netherlands (14%) and Belgium (11%). Compared with 2019, the value fell 12%.

Summary

World trade
$3.2billion
Tonnes
2.1million tonnes
Price per tonne
$1,542
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Netherlands$555 million · 17.2%
    re-exports
  2. United States$499 million · 15.4%
  3. Germany$456 million · 14.1%
  4. Belgium$332 million · 10.3%
    re-exports
  5. Thailand$303 million · 9.4%
  6. China$232 million · 7.2%
  7. France$200 million · 6.2%
  8. Japan$150 million · 4.6%
  9. South Korea$137 million · 4.2%
  10. Singapore$89 million · 2.8%
    re-exports
  11. Saudi Arabia$83 million · 2.6%
  12. India$34 million · 1.1%
  13. Brazil$31 million · 0.95%
  14. Taiwan$24 million · 0.75%
  15. Italy$22 million · 0.69%
  16. Switzerland$21 million · 0.66%
  17. Czechia$15 million · 0.47%
  18. Hungary$8 million · 0.26%
  19. United Kingdom$6 million · 0.19%
  20. Spain$5 million · 0.14%

Top importers

  1. Germany$477 million · 14.7%
  2. Netherlands$452 million · 14%
    re-exports
  3. Belgium$355 million · 11%
    re-exports
  4. China$327 million · 10.1%
  5. South Korea$207 million · 6.4%
  6. Italy$180 million · 5.6%
  7. India$160 million · 4.9%
  8. United States$156 million · 4.8%
  9. Taiwan$128 million · 3.9%
  10. Spain$113 million · 3.5%
  11. France$81 million · 2.5%
  12. Japan$75 million · 2.3%
  13. United Kingdom$61 million · 1.9%
  14. Switzerland$59 million · 1.8%
  15. Poland$41 million · 1.3%
  16. Brazil$40 million · 1.2%
  17. Mexico$31 million · 0.97%
  18. Colombia$30 million · 0.91%
  19. Malaysia$26 million · 0.8%
  20. Argentina$24 million · 0.74%

Trend

Who sells it

The Netherlands has been the top exporter since 2019

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

  • Netherlands 0.56
  • United States 0.5
  • Germany 0.46
  • Belgium 0.33
  • Thailand 0.3

Source: CEPII BACI

Show the numbers
Country19952024
Netherlands0.290.56
United States0.320.5
Germany0.470.46
Belgium0.050.33
Thailand< 0.010.3

Price

Implied price

The price per tonne rose 38% since 1995

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

  • 2024: $1,542

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,116
1996$1,136
1997$1,060
1998$951
1999$933
2000$929
2001$941
2002$896
2003$1,042
2004$1,197
2005$1,410
2006$1,604
2007$1,732
2008$1,916
2009$1,445
2010$1,669
2011$1,996
2012$1,828
2013$1,868
2014$1,904
2015$1,478
2016$1,261
2017$1,378
2018$1,593
2019$1,465
2020$1,410
2021$1,851
2022$2,007
2023$1,671
2024$1,542

What it includes

  • 2910 · Epoxides (ethylene and propylene oxide)

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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