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Polycarboxylic acids: top exporters and importers (2024)

In 2024, world trade in polycarboxylic acids totaled $17.7 billion (15.9 million tonnes). The top exporters were China (33%), South Korea (15%) and Taiwan (7%); the top importers were India (12%), Turkey (11%) and the United States (9%). Compared with 2019, the value rose 18%.

Summary

World trade
$17.7billion
Tonnes
15.9million tonnes
Price per tonne
$1,115
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$5.8 billion · 32.5%
  2. South Korea$2.6 billion · 14.9%
  3. Taiwan$1.2 billion · 6.8%
  4. Thailand$917 million · 5.2%
  5. Germany$858 million · 4.8%
  6. Belgium$683 million · 3.9%
    re-exports
  7. United States$647 million · 3.7%
  8. Netherlands$592 million · 3.3%
    re-exports
  9. Canada$567 million · 3.2%
  10. Mexico$458 million · 2.6%
  11. Spain$376 million · 2.1%
  12. Italy$346 million · 2%
  13. Malaysia$335 million · 1.9%
  14. Poland$327 million · 1.8%
  15. India$305 million · 1.7%
  16. Japan$247 million · 1.4%
  17. Indonesia$233 million · 1.3%
  18. France$173 million · 0.97%
  19. Turkey$162 million · 0.91%
  20. Austria$128 million · 0.72%

Top importers

  1. India$2.2 billion · 12.3%
  2. Turkey$1.9 billion · 10.9%
  3. United States$1.6 billion · 9.1%
  4. Vietnam$1 billion · 5.8%
  5. Germany$875 million · 4.9%
  6. Italy$850 million · 4.8%
  7. Japan$588 million · 3.3%
  8. Egypt$560 million · 3.2%
  9. Spain$513 million · 2.9%
  10. Netherlands$492 million · 2.8%
    re-exports
  11. China$469 million · 2.6%
  12. Saudi Arabia$435 million · 2.5%
  13. Oman$409 million · 2.3%
  14. France$370 million · 2.1%
  15. Russia$332 million · 1.9%
  16. Brazil$327 million · 1.8%
  17. Lithuania$284 million · 1.6%
  18. Canada$259 million · 1.5%
  19. South Korea$245 million · 1.4%
  20. Switzerland$229 million · 1.3%

Trend

Who sells it

China has been the top exporter since 2021

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

  • China 5.8
  • South Korea 2.6
  • Taiwan 1.2
  • Thailand 0.92
  • Germany 0.86

Source: CEPII BACI

Show the numbers
Country19952024
China0.125.8
South Korea0.542.6
Taiwan0.321.2
Thailand0.080.92
Germany0.770.86

Price

Implied price

The price per tonne fell 10% since 1995

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

  • 2024: $1,115

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,234
1996$939
1997$813
1998$688
1999$634
2000$682
2001$653
2002$640
2003$714
2004$871
2005$958
2006$1,078
2007$1,174
2008$1,247
2009$987
2010$1,178
2011$1,476
2012$1,363
2013$1,430
2014$1,389
2015$1,061
2016$1,003
2017$1,131
2018$1,216
2019$1,076
2020$861
2021$1,171
2022$1,381
2023$1,203
2024$1,115

What it includes

  • 2917 · Polycarboxylic acids

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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