Summary
- World trade
- $12.9billion
- Tonnes
- 39.9million tonnes
- Price per tonne
- $323
Top exporters
World supply
Trinidad and Tobago went from 7.9% to 14.9% of world exports of methanol
In 2024, Trinidad and Tobago accounted for 14.9% of recorded world exports and the three largest exporters together for 39.6%. HHI: 795 out of 10,000; equivalent to 13 exporters of the same size.
Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little
Trend in supply
Share of world exports of the largest exporter and of the three largest
Share (%)
- Largest exporter each year 14.9%
- Three largest 39.6%
Source: CEPII BACI
Show the numbers
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 15.5% | 14.9% |
| Three largest | 41.4% | 39.6% |
Countries where Trinidad and Tobago sells more than half of what they buy
Countries that buy more than half of this product from its largest exporter, with its share.
- North Korea: 99.6% of its purchases
- Portugal: 69.5% of its purchases
- Colombia: 58.6% of its purchases
- Ireland: 59.8% of its purchases
Top importers
Trend
Who sells it
Trinidad and Tobago has been the top exporter since 2021
Value in USD billions. The five largest exporters in 2024.
- Trinidad and Tobago 1.9
- Oman 1.6
- Saudi Arabia 1.6
- United States 1.2
- United Arab Emirates 0.93
Source: CEPII BACI
Show the numbers
| Country | 1995 | 2024 |
|---|---|---|
| Trinidad and Tobago | 0.22 | 1.9 |
| Oman | 0 | 1.6 |
| Saudi Arabia | 0.43 | 1.6 |
| United States | 0.07 | 1.2 |
| United Arab Emirates | 0.01 | 0.93 |
Price
Implied price
The price per tonne rose 33% since 1995
Current US dollars per tonne: value over the weight reported by BACI.
- 2024: $323
Source: CEPII BACI
Show the numbers
| Year | USD per tonne |
|---|---|
| 1995 | $243 |
| 1996 | $148 |
| 1997 | $190 |
| 1998 | $124 |
| 1999 | $83 |
| 2000 | $152 |
| 2001 | $184 |
| 2002 | $149 |
| 2003 | $235 |
| 2004 | $244 |
| 2005 | $259 |
| 2006 | $317 |
| 2007 | $328 |
| 2008 | $445 |
| 2009 | $258 |
| 2010 | $314 |
| 2011 | $370 |
| 2012 | $378 |
| 2013 | $429 |
| 2014 | $408 |
| 2015 | $330 |
| 2016 | $235 |
| 2017 | $317 |
| 2018 | $380 |
| 2019 | $298 |
| 2020 | $251 |
| 2021 | $391 |
| 2022 | $343 |
| 2023 | $312 |
| 2024 | $323 |
What it includes
- 290511 · subheading of heading 2905: Alcohols
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
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.