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290511 (Harmonized System 1992 for 6-digit)

2022
World Trade $12.3BRnk 309 / 4648
2022
Top Exporter | Top Importer $1.83B | $2.48BTrinidad and Tobago | China
2022
Product Complexity -1.07Rnk 3898 / 4653
2021 - 2022
Export Growth (CAGR) -3.63%Rnk 3430 / 4648
2022
Share of World Trade 0.052%Rnk 309 / 4648

About

Overview This page contains the latest trade data of Methyl alcohol. In 2022, Methyl alcohol were the world's 309th most traded product, with a total trade of $12.3B. Between 2021 and 2022 the exports of Methyl alcohol decreased by -3.63%, from $12.8B to $12.3B. Trade in Methyl alcohol represent 0.052% of total world trade.

Methyl alcohol are a part of Acyclic Alcohols.

Exports In 2022 the top exporters of Methyl alcohol  were Trinidad and Tobago ($1.83B), Saudi Arabia ($1.8B), United States ($1.38B), Oman ($792M), and Iran ($788M).

Imports In 2022 the top importers of Methyl alcohol were China ($2.48B), India ($885M), Netherlands ($862M), South Korea ($862M), and Germany ($627M).

Ranking Methyl alcohol ranks 3898th in the Product Complexity Index (PCI).

Description Methanol is an alcohol and is mainly used in the production of cellulose, acetone, and other solvents, as well as in the manufacture of formaldehyde, butanol, and other chemical products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Methyl alcohol. 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)Trinidad and Tobago$1.83B
Top Destination (2022)China$2.48B

In 2022 Methyl alcohol were the world's 309th most traded product (out of 4,648).

In 2022, the top exporters of Methyl alcohol were Trinidad and Tobago ($1.83B), Saudi Arabia ($1.8B), United States ($1.38B), Oman ($792M), and Iran ($788M).

In 2022, the top importers of Methyl alcohol were China ($2.48B), India ($885M), Netherlands ($862M), South Korea ($862M), and Germany ($627M).

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Exporters of Methyl alcohol (2022)
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Importers of Methyl alcohol (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Iran$529M
Top Destination Growth (2021 -  2022)Poland$144M

Between 2021 and 2022, the exports of Methyl alcohol grew the fastest in Iran ($529M), United States ($473M), New Zealand ($159M), Trinidad and Tobago ($126M), and Poland ($122M).

Between 2021 and 2022, the fastest growing importers of Methyl alcohol were Poland ($144M), Brazil ($89.5M), Malaysia ($75.1M), Canada ($61.7M), and Mexico ($26M).

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Exporters of Methyl alcohol (2021 - 2022)

Importers of Methyl alcohol (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Methyl alcohol.

In 2022, market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Methyl alcohol are explained by 19 countries.

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Value of Exports in Methyl alcohol

Net Trade

TOP NET EXPORTER (2022)Trinidad and Tobago$1.83B
TOP NET IMPORTER (2022)China$2.41B

This map shows which countries export or import more of Methyl alcohol. Each country is colored based on the difference in exports and imports of Methyl alcohol during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Methyl alcohol were Trinidad and Tobago ($1.83B), Saudi Arabia ($1.79B), Oman ($789M), Iran ($788M), and United States ($756M).

In 2022, the countries that had a largest trade value in imports than in exports of Methyl alcohol were China ($2.41B), India ($870M), South Korea ($850M), Brazil ($601M), and Germany ($502M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Methyl alcohol by percentage of total exports

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)

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