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Oxygen heterocyclic compounds: top exporters and importers (2024)

In 2024, world trade in oxygen heterocyclic compounds totaled $10.5 billion (723 thousand tonnes). The top exporters were China (26%), Germany (18%) and Ireland (8%); the top importers were the United States (12%), Greece (10%) and China (8%). Compared with 2019, the value rose 27%.

Summary

World trade
$10.5billion
Tonnes
723thousand tonnes
Price per tonne
$14,200
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$2.8 billion · 26.4%
  2. Germany$1.9 billion · 17.6%
  3. Ireland$799 million · 7.6%
  4. Italy$771 million · 7.3%
  5. Switzerland$733 million · 7%
  6. United States$604 million · 5.8%
  7. India$557 million · 5.3%
  8. France$283 million · 2.7%
  9. Japan$254 million · 2.4%
  10. Sweden$246 million · 2.3%
  11. South Korea$244 million · 2.3%
  12. Spain$219 million · 2.1%
  13. Netherlands$194 million · 1.8%
    re-exports
  14. United Kingdom$165 million · 1.6%
  15. Belgium$154 million · 1.5%
    re-exports
  16. Israel$59 million · 0.56%
  17. Taiwan$47 million · 0.45%
  18. Hungary$44 million · 0.42%
  19. Singapore$42 million · 0.39%
    re-exports
  20. Hong Kong$41 million · 0.39%
    re-exports

Top importers

  1. United States$1.3 billion · 12.4%
  2. Greece$1 billion · 9.9%
  3. China$850 million · 8.1%
  4. Germany$751 million · 7.2%
  5. Japan$718 million · 6.8%
  6. France$489 million · 4.7%
  7. India$478 million · 4.6%
  8. Brazil$429 million · 4.1%
  9. Russia$321 million · 3.1%
  10. Spain$312 million · 3%
  11. South Korea$297 million · 2.8%
  12. Netherlands$290 million · 2.8%
    re-exports
  13. Italy$286 million · 2.7%
  14. Ireland$274 million · 2.6%
  15. Switzerland$256 million · 2.4%
  16. Mexico$237 million · 2.3%
  17. Singapore$230 million · 2.2%
    re-exports
  18. United Kingdom$207 million · 2%
  19. Belgium$162 million · 1.5%
    re-exports
  20. Sweden$142 million · 1.4%

Trend

Who sells it

China has been the top exporter since 2008

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

  • China 2.8
  • Germany 1.9
  • Ireland 0.8
  • Italy 0.77
  • Switzerland 0.73

Source: CEPII BACI

Show the numbers
Country19952024
China0.122.8
Germany0.191.9
Ireland0.470.8
Italy0.080.77
Switzerland0.120.73

Price

Implied price

The price per tonne rose 45% since 1995

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

  • 2024: $14,200

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$9,815
1996$10,551
1997$11,623
1998$8,809
1999$10,862
2000$9,730
2001$12,358
2002$9,270
2003$10,721
2004$8,708
2005$7,330
2006$7,271
2007$14,154
2008$10,946
2009$11,746
2010$10,596
2011$10,322
2012$11,337
2013$6,229
2014$8,096
2015$6,516
2016$5,566
2017$8,776
2018$7,185
2019$6,706
2020$8,227
2021$8,113
2022$8,774
2023$15,265
2024$14,200

What it includes

  • 2932 · Oxygen heterocyclic compounds

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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