HS Icon Butanes, liquefied

271113 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Butanes, liquefied. In 2020, Butanes, liquefied were the world's 187th most traded product, with a total trade of $14.5B. Between 2019 and 2020 the exports of Butanes, liquefied decreased by -14.6%, from $17B to $14.5B. Trade in Butanes, liquefied represent 0.087% of total world trade.

Butanes, liquefied are a part of Petroleum Gas.

Exports In 2020 the top exporters of Butanes, liquefied  were United States ($3.43B), United Arab Emirates ($1.81B), Qatar ($1.53B), Saudi Arabia ($1.38B), and Kuwait ($702M).

Imports In 2020 the top importers of Butanes, liquefied were India ($3.48B), China ($1.65B), Indonesia ($1.15B), Morocco ($863M), and Japan ($756M).

Tariffs In 2018 the average tariff for Butanes, liquefied was 4.28%, making it the 4800th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Butanes, liquefied are Bermuda (25%), Jordan (23.3%), Cayman Islands (22%), and Bhutan (19.6%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Ghana (0%), Guinea (0%), and Kenya (0%).

Ranking Butanes, liquefied ranks 4356th in the Product Complexity Index (PCI).

Description Butanes are used as fuel for gas ranges, as a refrigerant, as a solvent for oil and fats, and in the production of petrochemicals.

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Butanes, liquefied. 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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): United States, $3.43B

Top Destination (2020): India, $3.48B

Butanes, liquefied are the world's 187th most traded product.

In 2020, the top exporters of Butanes, liquefied were United States ($3.43B), United Arab Emirates ($1.81B), Qatar ($1.53B), Saudi Arabia ($1.38B), and Kuwait ($702M).

In 2020, the top importers of Butanes, liquefied were India ($3.48B), China ($1.65B), Indonesia ($1.15B), Morocco ($863M), and Japan ($756M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): United Arab Emirates, $530M

Top Destination Growth (2019 - 2020): India, $702M

Between 2019 and 2020, the exports of Butanes, liquefied grew the fastest in United Arab Emirates ($530M), Australia ($198M), Brunei ($52.2M), Russia ($49.7M), and Switzerland ($35.9M).

Between 2019 and 2020, the fastest growing importers of Butanes, liquefied were India ($702M), Indonesia ($122M), Tanzania ($90M), Singapore ($63.1M), and Sri Lanka ($54.1M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Butanes, liquefied.

In 2020,  market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Butanes, liquefied are explained by 18 countries.

Explore Visualizations

TOP NET EXPORTER (2020): United States, $3.19B

TOP NET IMPORTER (2020): India, $3.44B

This map shows which countries export or import more of Butanes, liquefied. Each country is colored based on the difference in exports and imports of Butanes, liquefied during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Butanes, liquefied were United States ($3.19B), United Arab Emirates ($1.81B), Qatar ($1.53B), Saudi Arabia ($1.38B), and Kuwait ($701M).

In 2020, the countries that had a largest trade value in imports than in exports of Butanes, liquefied were India ($3.44B), China ($1.39B), Indonesia ($1.14B), Japan ($749M), and Egypt ($404M).

Country Comparison

#permalink to section
Flow
Measure
Ranking

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

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.