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Cyclic hydrocarbons

2902 (Harmonized System 1992 for 4-digit)

2022
World Trade $50.6BRnk 92 / 1218
2022
Top Exporter | Top Importer $9.79B | $16.5BSouth Korea | China
2022
Product Complexity 0.68Rnk 289 / 1033
2021 - 2022
Export Growth (CAGR) 5.45%Rnk 600 / 1218
2022
Share of World Trade 0.21%Rnk 92 / 1218

About

Overview This page contains the latest trade data of Cyclic Hydrocarbons. In 2022, Cyclic Hydrocarbons were the world's 92nd most traded product, with a total trade of $50.6B. Between 2021 and 2022 the exports of Cyclic Hydrocarbons grew by 5.45%, from $48B to $50.6B. Trade in Cyclic Hydrocarbons represent 0.21% of total world trade.

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

Exports In 2022 the top exporters of Cyclic Hydrocarbons  were South Korea ($9.79B), Netherlands ($3.95B), United States ($3.94B), Japan ($3.83B), and Saudi Arabia ($3.54B).

Imports In 2022 the top importers of Cyclic Hydrocarbons were China ($16.5B), United States ($3.94B), Belgium ($3.67B), India ($2.75B), and Chinese Taipei ($2.65B).

Ranking Cyclic Hydrocarbons ranks 289th 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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Flow
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 (2022)South Korea$9.79B
Top Destination (2022)China$16.5B

In 2022 Cyclic Hydrocarbons were the world's 92nd most traded product (out of 1,218).

In 2022, the top exporters of Cyclic Hydrocarbons were South Korea ($9.79B), Netherlands ($3.95B), United States ($3.94B), Japan ($3.83B), and Saudi Arabia ($3.54B).

In 2022, the top importers of Cyclic Hydrocarbons were China ($16.5B), United States ($3.94B), Belgium ($3.67B), India ($2.75B), and Chinese Taipei ($2.65B).

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Exporters of Cyclic Hydrocarbons (2022)
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Importers of Cyclic Hydrocarbons (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.15B
Top Destination Growth (2021 -  2022)United States$1.29B

Between 2021 and 2022, the exports of Cyclic Hydrocarbons grew the fastest in China ($1.15B), South Korea ($1.15B), Chinese Taipei ($418M), Saudi Arabia ($403M), and Japan ($270M).

Between 2021 and 2022, the fastest growing importers of Cyclic Hydrocarbons were United States ($1.29B), Saudi Arabia ($544M), Mexico ($451M), India ($410M), and South Korea ($365M).

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Exporters of Cyclic Hydrocarbons (2021 - 2022)

Importers of Cyclic Hydrocarbons (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Cyclic Hydrocarbons are explained by 19 countries.

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Value of Exports in Cyclic Hydrocarbons

Net Trade

TOP NET EXPORTER (2022)South Korea$8.3B
TOP NET IMPORTER (2022)China$14.3B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cyclic Hydrocarbons were South Korea ($8.3B), Japan ($3.51B), Singapore ($2.42B), Saudi Arabia ($2.14B), and Brunei ($1.97B).

In 2022, the countries that had a largest trade value in imports than in exports of Cyclic Hydrocarbons were China ($14.3B), Mexico ($2.35B), Belgium ($2.26B), Turkey ($849M), and Portugal ($605M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Cyclic Hydrocarbons, disaggragated by their HS6 level were P-xylene ($18.1B), Styrene ($11.4B), Benzene ($10.5B), Toluene ($3.64B), and Cumene ($1.42B)

HS6 Disaggregation for Cyclic Hydrocarbons (2022)
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Country Comparison

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Measure
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 (2022)

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 (2022)

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