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Cyclic hydrocarbons

2902 (Harmonized System 1992 for 4-digit)

2023
World Trade $41.5BRnk 105 / 1217
2023
Top Exporter | Top Importer $9.35B | $13.9BSouth Korea | China
2023
Product Complexity 0.5Rnk 373 / 1044
2022 - 2023
Export Growth (CAGR) -15.7%Rnk 924 / 1217
2023
Share of World Trade 0.18%Rnk 105 / 1217

About

Overview This page contains the latest trade data of Cyclic Hydrocarbons. In 2023, Cyclic Hydrocarbons were the world's 105th most traded product, with a total trade of $41.5B. Between 2022 and 2023 the exports of Cyclic Hydrocarbons decreased by -15.7%, from $49.2B to $41.5B. Trade in Cyclic Hydrocarbons represent 0.18% of total world trade.

Cyclic Hydrocarbons are a part of Organic chemicals. They include P-xylene, Styrene, Benzene, Toluene, Cyclohexane, Cumene, O-xylene, Mixed xylene isomers, Cyclic hydrocarbons nes, and Cyclanes, cyclenes and cycloterpenes nes, among others.

Exports In 2023 the top exporters of Cyclic Hydrocarbons  were South Korea ($9.35B), Japan ($3.95B), Saudi Arabia ($2.87B), United States ($2.56B), and Netherlands ($2.55B).

Imports In 2023 the top importers of Cyclic Hydrocarbons were China ($13.9B), United States ($4.44B), India ($2.88B), Chinese Taipei ($2.45B), and Belgium ($1.78B).

Ranking Cyclic Hydrocarbons ranks 373rd in the Product Complexity Index (PCI).

Description Cyclic hydrocarbons are used in the production of plastics, synthetic rubber, and other synthetic materials. They are also used as solvents in the manufacture of paints, varnishes, and other coatings.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Cyclic 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)South Korea$9.35B
Top Destination (2023)China$13.9B

In 2023 Cyclic Hydrocarbons were the world's 105th most traded product (out of 1,217).

In 2023, the top exporters of Cyclic Hydrocarbons were South Korea ($9.35B), Japan ($3.95B), Saudi Arabia ($2.87B), United States ($2.56B), and Netherlands ($2.55B).

In 2023, the top importers of Cyclic Hydrocarbons were China ($13.9B), United States ($4.44B), India ($2.88B), Chinese Taipei ($2.45B), and Belgium ($1.78B).

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

Color
Top Origin Growth (2022 -  2023)Oman$369M
Top Destination Growth (2022 -  2023)United States$622M

Between 2022 and 2023, the exports of Cyclic Hydrocarbons grew the fastest in Oman ($369M), Brazil ($39.3M), Malaysia ($29.6M), Colombia ($13.2M), and Czechia ($8.06M).

Between 2022 and 2023, the fastest growing importers of Cyclic Hydrocarbons were United States ($622M), Indonesia ($55.3M), India ($55.2M), Thailand ($49.8M), and Australia ($39.6M).

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Exporters of Cyclic Hydrocarbons (2022 - 2023)

Importers of Cyclic Hydrocarbons (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Cyclic Hydrocarbons are explained by 18 countries.

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Value of Exports in Cyclic Hydrocarbons

Net Trade

TOP NET EXPORTER (2023)South Korea$7.93B
TOP NET IMPORTER (2023)China$12.5B

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

In 2023, the countries that had a largest trade value in exports than in imports of Cyclic Hydrocarbons were South Korea ($7.93B), Japan ($3.83B), Saudi Arabia ($2.08B), Singapore ($1.85B), and Brunei ($1.54B).

In 2023, the countries that had a largest trade value in imports than in exports of Cyclic Hydrocarbons were China ($12.5B), United States ($1.88B), India ($1.35B), Mexico ($938M), and Indonesia ($664M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Cyclic Hydrocarbons, disaggragated by their HS6 level were P-xylene ($15.3B), Styrene ($8.62B), Benzene ($8.59B), Toluene ($3.15B), and O-xylene ($1.09B)

HS6 Disaggregation for Cyclic 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 Cyclic Hydrocarbons.
It is possible to select the main countries that export or import Cyclic Hydrocarbons in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $112M
TOP IMPORT POTENTIALSaudi Arabia+ $21.8M

Cyclic Hydrocarbons’s highest export potential is India. With an export gap of $112M.  Cyclic Hydrocarbons’s highest import potential is Saudi Arabia with an import gap of $21.8M.

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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 Cyclic Hydrocarbons.

Country by Relatedness

The following visualization shows the relatedness of Cyclic 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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