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Acyclic hydrocarbons

2901 (Harmonized System 1992 for 4-digit)

2023
World Trade $25BRnk 178 / 1217
2023
Top Exporter | Top Importer $8.19B | $6.55BUnited States | China
2023
Product Complexity 0.55Rnk 358 / 1044
2022 - 2023
Export Growth (CAGR) -18.9%Rnk 1015 / 1217
2023
Share of World Trade 0.11%Rnk 178 / 1217

About

Overview This page contains the latest trade data of Acyclic Hydrocarbons. In 2023, Acyclic Hydrocarbons were the world's 178th most traded product, with a total trade of $25B. Between 2022 and 2023 the exports of Acyclic Hydrocarbons decreased by -18.9%, from $30.8B to $25B. Trade in Acyclic Hydrocarbons represent 0.11% of total world trade.

Acyclic Hydrocarbons are a part of Organic chemicals. They include Propene (propylene), Ethylene, Saturated acyclic hydrocarbons, Buta-1, 3-diene and isoprene, Unsaturated acyclic hydrocarbons nes, and Butene (butylene) and isomers thereof.

Exports In 2023 the top exporters of Acyclic Hydrocarbons  were United States ($8.19B), South Korea ($2.92B), Netherlands ($1.83B), Japan ($1.2B), and Canada ($1.06B).

Imports In 2023 the top importers of Acyclic Hydrocarbons were China ($6.55B), Belgium ($2.25B), United States ($1.52B), Germany ($1.49B), and Indonesia ($1.06B).

Ranking Acyclic Hydrocarbons ranks 358th in the Product Complexity Index (PCI).

Description Acyclic hydrocarbons are used in many different applications, such as in gasoline, diesel fuel, and natural gas.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Acyclic Hydrocarbons. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$8.19B
Top Destination (2023)China$6.55B

In 2023 Acyclic Hydrocarbons were the world's 178th most traded product (out of 1,217).

In 2023, the top exporters of Acyclic Hydrocarbons were United States ($8.19B), South Korea ($2.92B), Netherlands ($1.83B), Japan ($1.2B), and Canada ($1.06B).

In 2023, the top importers of Acyclic Hydrocarbons were China ($6.55B), Belgium ($2.25B), United States ($1.52B), Germany ($1.49B), and Indonesia ($1.06B).

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Exporters of Acyclic Hydrocarbons (2023)
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Importers of Acyclic Hydrocarbons (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$132M
Top Destination Growth (2022 -  2023)Bangladesh$111M

Between 2022 and 2023, the exports of Acyclic Hydrocarbons grew the fastest in Japan ($132M), Malaysia ($113M), Sweden ($49M), Oman ($27.6M), and Romania ($23.8M).

Between 2022 and 2023, the fastest growing importers of Acyclic Hydrocarbons were Bangladesh ($111M), Cote d'Ivoire ($105M), Portugal ($83.5M), Ghana ($42.4M), and Nigeria ($38.6M).

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Exporters of Acyclic Hydrocarbons (2022 - 2023)

Importers of Acyclic Hydrocarbons (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Acyclic Hydrocarbons.

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Acyclic Hydrocarbons are explained by 15 countries.

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Value of Exports in Acyclic Hydrocarbons

Net Trade

TOP NET EXPORTER (2023)United States$6.66B
TOP NET IMPORTER (2023)China$6.08B

This map shows which countries export or import more of Acyclic Hydrocarbons. Each country is colored based on the difference in exports and imports of Acyclic Hydrocarbons during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Acyclic Hydrocarbons were United States ($6.66B), South Korea ($2.05B), Netherlands ($950M), Japan ($733M), and South Africa ($577M).

In 2023, the countries that had a largest trade value in imports than in exports of Acyclic Hydrocarbons were China ($6.08B), Belgium ($1.21B), Indonesia ($994M), India ($805M), and Germany ($618M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Acyclic Hydrocarbons, disaggragated by their HS6 level were Saturated acyclic hydrocarbons ($7.36B), Ethylene ($6.41B), Propene (propylene) ($5.37B), Unsaturated acyclic hydrocarbons nes ($3.21B), and Buta-1, 3-diene and isoprene ($1.9B)

HS6 Disaggregation for Acyclic Hydrocarbons (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Acyclic Hydrocarbons.
It is possible to select the main countries that export or import Acyclic Hydrocarbons in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Acyclic Hydrocarbons by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $48.5M
TOP IMPORT POTENTIALIndia+ $9.65M

Acyclic Hydrocarbons’s highest export potential is United States. With an export gap of $48.5M.  Acyclic Hydrocarbons’s highest import potential is India with an import gap of $9.65M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Acyclic Hydrocarbons.

Country by Relatedness

The following visualization shows the relatedness of Acyclic Hydrocarbons to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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