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Ketones and quinones (acetone): top exporters and importers (2024)

In 2024, world trade in ketones and quinones (acetone) totaled $6.9 billion (3.1 million tonnes). The top exporters were China (27%), Germany (10%) and India (8%); the top importers were the United States (15%), India (9%) and Germany (7%). Compared with 2019, the value rose 11%.

Summary

World trade
$6.9billion
Tonnes
3.1million tonnes
Price per tonne
$2,214
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.9 billion · 27.2%
  2. Germany$668 million · 9.7%
  3. India$561 million · 8.2%
  4. Taiwan$366 million · 5.3%
  5. United States$326 million · 4.8%
  6. Netherlands$313 million · 4.6%
    re-exports
  7. Spain$306 million · 4.5%
  8. Japan$246 million · 3.6%
  9. Belgium$232 million · 3.4%
    re-exports
  10. South Korea$214 million · 3.1%
  11. Italy$193 million · 2.8%
  12. Switzerland$192 million · 2.8%
  13. Thailand$184 million · 2.7%
  14. United Kingdom$164 million · 2.4%
  15. France$159 million · 2.3%
  16. South Africa$154 million · 2.2%
  17. Singapore$147 million · 2.1%
    re-exports
  18. Saudi Arabia$132 million · 1.9%
  19. Finland$131 million · 1.9%
  20. Mexico$80 million · 1.2%

Top importers

  1. United States$1 billion · 14.8%
  2. India$636 million · 9.3%
  3. Germany$474 million · 6.9%
  4. China$441 million · 6.4%
  5. Netherlands$390 million · 5.7%
    re-exports
  6. Switzerland$343 million · 5%
  7. Belgium$288 million · 4.2%
    re-exports
  8. France$255 million · 3.7%
  9. Spain$251 million · 3.7%
  10. Italy$222 million · 3.2%
  11. Japan$204 million · 3%
  12. South Korea$199 million · 2.9%
  13. United Kingdom$174 million · 2.5%
  14. Mexico$162 million · 2.4%
  15. Singapore$159 million · 2.3%
    re-exports
  16. Brazil$149 million · 2.2%
  17. Thailand$145 million · 2.1%
  18. Indonesia$141 million · 2.1%
  19. Vietnam$115 million · 1.7%
  20. Turkey$106 million · 1.6%

Trend

Who sells it

China has been the top exporter since 2008

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

  • China 1.9
  • Germany 0.67
  • India 0.56
  • Taiwan 0.37
  • United States 0.33

Source: CEPII BACI

Show the numbers
Country19952024
China0.161.9
Germany0.430.67
India0.030.56
Taiwan0.050.37
United States0.330.33

Price

Implied price

The price per tonne rose 50% since 1995

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

  • 2024: $2,214

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,478
1996$1,243
1997$1,232
1998$1,130
1999$1,076
2000$1,137
2001$1,046
2002$991
2003$1,133
2004$1,327
2005$1,514
2006$1,512
2007$1,667
2008$1,893
2009$1,505
2010$1,723
2011$2,106
2012$2,077
2013$2,197
2014$2,250
2015$1,829
2016$1,591
2017$1,748
2018$1,823
2019$1,687
2020$1,873
2021$2,127
2022$2,340
2023$2,285
2024$2,214

What it includes

  • 2914 · Ketones and quinones (acetone)

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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