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Phenols: top exporters and importers (2024)

In 2024, world trade in phenols totaled $5.7 billion (3.3 million tonnes). The top exporters were Germany (10%), Taiwan (10%) and South Korea (9%); the top importers were India (11%), China (9%) and Germany (9%). Compared with 2019, the value fell 10%.

Summary

World trade
$5.7billion
Tonnes
3.3million tonnes
Price per tonne
$1,725
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$593 million · 10.5%
  2. Taiwan$589 million · 10.4%
  3. South Korea$494 million · 8.7%
  4. China$492 million · 8.7%
  5. United States$438 million · 7.7%
  6. Japan$356 million · 6.3%
  7. Belgium$325 million · 5.7%
    re-exports
  8. Thailand$324 million · 5.7%
  9. Spain$280 million · 5%
  10. India$270 million · 4.8%
  11. Singapore$204 million · 3.6%
    re-exports
  12. France$200 million · 3.5%
  13. Finland$189 million · 3.3%
  14. Saudi Arabia$164 million · 2.9%
  15. United Kingdom$111 million · 2%
  16. Switzerland$110 million · 1.9%
  17. Italy$107 million · 1.9%
  18. Netherlands$100 million · 1.8%
    re-exports
  19. Brazil$69 million · 1.2%
  20. South Africa$47 million · 0.83%

Top importers

  1. India$634 million · 11.2%
  2. China$535 million · 9.5%
  3. Germany$534 million · 9.4%
  4. Netherlands$416 million · 7.4%
    re-exports
  5. Belgium$380 million · 6.7%
    re-exports
  6. South Korea$355 million · 6.3%
  7. Japan$234 million · 4.1%
  8. Thailand$210 million · 3.7%
  9. United States$195 million · 3.5%
  10. Poland$176 million · 3.1%
  11. Switzerland$160 million · 2.8%
  12. United Kingdom$153 million · 2.7%
  13. Taiwan$138 million · 2.4%
  14. France$96 million · 1.7%
  15. Canada$90 million · 1.6%
  16. Italy$85 million · 1.5%
  17. Singapore$83 million · 1.5%
    re-exports
  18. Turkey$72 million · 1.3%
  19. Austria$72 million · 1.3%
  20. Denmark$72 million · 1.3%

Trend

Who sells it

Germany has been the top exporter since 2023

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

  • Germany 0.59
  • Taiwan 0.59
  • South Korea 0.49
  • China 0.49
  • United States 0.44

Source: CEPII BACI

Show the numbers
Country19952024
Germany0.390.59
Taiwan0.030.59
South Korea0.030.49
China0.060.49
United States0.440.44

Price

Implied price

The price per tonne rose 35% since 1995

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

  • 2024: $1,725

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,281
1996$1,111
1997$1,146
1998$1,055
1999$917
2000$999
2001$1,009
2002$933
2003$1,028
2004$1,307
2005$1,458
2006$1,501
2007$1,738
2008$1,851
2009$1,322
2010$1,769
2011$2,051
2012$1,893
2013$2,022
2014$2,060
2015$1,470
2016$1,339
2017$1,453
2018$1,700
2019$1,550
2020$1,371
2021$2,084
2022$2,137
2023$1,799
2024$1,725

What it includes

  • 2907 · Phenols

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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