Acyclic Alcohols2905 (Harmonized System 1992 for 4-digit)
2021 World Trade: $39.9B, Rnk 112 / 1217
2021 Top Exporter | Top Importer: $5.39B | $9.05B, Saudi Arabia | China
2021 Product Complexity: -0.33, Rnk 659 / 1024
2020 - 2021 Export Growth (CAGR): 47.1%, Rnk 135 / 1217
2018 Mean Tariff: 4.54%, Rnk 911 / 1259
2021 Share of World Trade: 0.0019%, Rnk 112 / 1217
Overview This page contains the latest trade data of Acyclic Alcohols. In 2021, Acyclic Alcohols were the world's 112th most traded product, with a total trade of $39.9B. Between 2020 and 2021 the exports of Acyclic Alcohols grew by 47.1%, from $27.1B to $39.9B. Trade in Acyclic Alcohols represent 0.0019% of total world trade.
Acyclic Alcohols are a part of Organic chemicals. They include Ethylene glycol (ethanediol), Methyl alcohol, Diols except ethylene and propylene glycol, Saturated monohydric acyclic alcohols nes, Propylene glycol (propane-1,2-diol), Octanol(octyl alcohol), isomers, Propyl alcohol and isopropyl alcohol, N-butyl alcohol, Butanols nes, and Dodecan-1-ol, hexadecan-1-ol and octadecan-1-ol, among others.
Exports In 2021 the top exporters of Acyclic Alcohols were Saudi Arabia ($5.39B), United States ($3.78B), Germany ($3.2B), China ($2.28B), and Netherlands ($2.24B).
Imports In 2021 the top importers of Acyclic Alcohols were China ($9.05B), India ($2.25B), United States ($2.13B), South Korea ($2.11B), and Germany ($1.97B).
Tariffs In 2018 the average tariff for Acyclic Alcohols was 4.54%, making it the 911th lowest tariff using the HS4 product classification.
Ranking Acyclic Alcohols ranks 659th in the Product Complexity Index (PCI).
Description Acyclic alcohols are used in the production of solvents, as well as in the preparation of pharmaceuticals, and as a fuel additive. Halogenated derivatives are used in the production of pesticides, solvents, and pharmaceuticals. Nitrated derivatives are used in the production of explosives. Nitrosated derivatives are used in the production of pharmaceuticals.
The following visualization shows the latest trends on Acyclic Alcohols. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): Saudi Arabia, $5.39B
Top Destination (2021): China, $9.05B
Acyclic Alcohols are the world's 112th most traded product.
In 2021, the top exporters of Acyclic Alcohols were Saudi Arabia ($5.39B), United States ($3.78B), Germany ($3.2B), China ($2.28B), and Netherlands ($2.24B).
In 2021, the top importers of Acyclic Alcohols were China ($9.05B), India ($2.25B), United States ($2.13B), South Korea ($2.11B), and Germany ($1.97B).
Trade by country
Top Origin Growth (2020 - 2021): Saudi Arabia, $1.17B
Top Destination Growth (2020 - 2021): India, $952M
Between 2020 and 2021, the exports of Acyclic Alcohols grew the fastest in Saudi Arabia ($1.17B), Germany ($1.06B), Netherlands ($945M), Trinidad and Tobago ($888M), and China ($852M).
Between 2020 and 2021, the fastest growing importers of Acyclic Alcohols were India ($952M), China ($942M), Germany ($874M), Netherlands ($828M), and Turkey ($777M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Acyclic Alcohols.
In 2021, market concentration measured using Shannon Entropy, was 4.79. This means that most of the exports of Acyclic Alcohols are explained by 27 countries.
TOP NET EXPORTER (2021): Saudi Arabia, $5.31B
TOP NET IMPORTER (2021): China, $6.76B
This map shows which countries export or import more of Acyclic Alcohols. Each country is colored based on the difference in exports and imports of Acyclic Alcohols during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Acyclic Alcohols were Saudi Arabia ($5.31B), Trinidad and Tobago ($1.7B), United States ($1.65B), Germany ($1.23B), and United Arab Emirates ($1.16B).
In 2021, the countries that had a largest trade value in imports than in exports of Acyclic Alcohols were China ($6.76B), India ($1.83B), Turkey ($1.37B), Italy ($1.03B), and South Korea ($937M).
In 2021, the world most traded Acyclic Alcohols, disaggragated by their HS6 level were Methyl alcohol ($12.7B), Ethylene glycol (ethanediol) ($9.14B), Diols except ethylene and propylene glycol ($3.19B), Propylene glycol (propane-1,2-diol) ($2.66B), and Saturated monohydric acyclic alcohols nes ($2.62B)
This visualization shows the countries that have an important ratio of their trade related to Acyclic Alcohols. It is possible to select the main countries that export or import Acyclic Alcohols in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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