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Pricing

290122 (Harmonized System 1992 for 6-digit)

2022
World Trade $7.37BRnk 534 / 4648
2022
Top Exporter | Top Importer $1.59B | $2.2BSouth Korea | China
2022
Product Complexity 0.8Rnk 1099 / 4653
2021 - 2022
Export Growth (CAGR) -13.2%Rnk 4105 / 4648
2022
Share of World Trade 0.031%Rnk 534 / 4648

About

Overview This page contains the latest trade data of Propene (propylene). In 2022, Propene (propylene) were the world's 534th most traded product, with a total trade of $7.37B. Between 2021 and 2022 the exports of Propene (propylene) decreased by -13.2%, from $8.5B to $7.37B. Trade in Propene (propylene) represent 0.031% of total world trade.

Propene (propylene) are a part of Acyclic Hydrocarbons.

Exports In 2022 the top exporters of Propene (propylene)  were South Korea ($1.59B), Netherlands ($725M), Chinese Taipei ($629M), United States ($605M), and Germany ($491M).

Imports In 2022 the top importers of Propene (propylene) were China ($2.2B), Germany ($887M), Netherlands ($718M), Belgium ($627M), and France ($495M).

Ranking Propene (propylene) ranks 1099th in the Product Complexity Index (PCI).

Description Propene is a hydrocarbon compound that is used in the production of polypropylene plastics. In the petroleum industry, it is often used to produce gasoline or as a fuel in oil refineries.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Propene (propylene). 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$1.59B
Top Destination (2022)China$2.2B

In 2022 Propene (propylene) were the world's 534th most traded product (out of 4,648).

In 2022, the top exporters of Propene (propylene) were South Korea ($1.59B), Netherlands ($725M), Chinese Taipei ($629M), United States ($605M), and Germany ($491M).

In 2022, the top importers of Propene (propylene) were China ($2.2B), Germany ($887M), Netherlands ($718M), Belgium ($627M), and France ($495M).

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Exporters of Propene (propylene) (2022)
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Importers of Propene (propylene) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Finland$72.2M
Top Destination Growth (2021 -  2022)France$105M

Between 2021 and 2022, the exports of Propene (propylene) grew the fastest in Finland ($72.2M), Malaysia ($66.1M), United States ($57.3M), Spain ($46.2M), and Germany ($30.7M).

Between 2021 and 2022, the fastest growing importers of Propene (propylene) were France ($105M), Singapore ($81.2M), Japan ($39.7M), Sweden ($30.2M), and Indonesia ($29.7M).

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Exporters of Propene (propylene) (2021 - 2022)

Importers of Propene (propylene) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Propene (propylene).

In 2022, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Propene (propylene) are explained by 18 countries.

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Value of Exports in Propene (propylene)

Net Trade

TOP NET EXPORTER (2022)South Korea$1.49B
TOP NET IMPORTER (2022)China$2.13B

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

In 2022, the countries that had a largest trade value in exports than in imports of Propene (propylene) were South Korea ($1.49B), United States ($550M), Chinese Taipei ($423M), Japan ($329M), and Spain ($283M).

In 2022, the countries that had a largest trade value in imports than in exports of Propene (propylene) were China ($2.13B), Belgium ($509M), Germany ($396M), France ($379M), and Singapore ($134M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Propene (propylene) 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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