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290512 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.54BRnk 1656 / 4644
2023
Top Exporter | Top Importer $345M | $128MUnited States | United States
2023
Product Complexity 0.8Rnk 1110 / 4656
2022 - 2023
Export Growth (CAGR) -16%Rnk 3334 / 4644
2023
Share of World Trade 0.0068%Rnk 1656 / 4644

About

Overview This page contains the latest trade data of Propyl alcohol and isopropyl alcohol. In 2023, Propyl alcohol and isopropyl alcohol were the world's 1656th most traded product, with a total trade of $1.54B. Between 2022 and 2023 the exports of Propyl alcohol and isopropyl alcohol decreased by -16%, from $1.84B to $1.54B. Trade in Propyl alcohol and isopropyl alcohol represent 0.0068% of total world trade.

Propyl alcohol and isopropyl alcohol are a part of Acyclic alcohol derivatives (halogenated, sulphonated, nitrated).

Exports In 2023 the top exporters of Propyl alcohol and isopropyl alcohol  were United States ($345M), China ($189M), South Africa ($142M), Netherlands ($126M), and Chinese Taipei ($123M).

Imports In 2023 the top importers of Propyl alcohol and isopropyl alcohol were United States ($128M), Belgium ($124M), India ($114M), China ($90.7M), and Germany ($76.3M).

Ranking Propyl alcohol and isopropyl alcohol ranks 1110th in the Product Complexity Index (PCI).

Description The difference between propyl alcohol and isopropyl alcohol is that propyl alcohol is less toxic and more soluble, and isopropyl alcohol is more toxic and less soluble. Propyl alcohol is often used as a solvent for oils and grease, while isopropyl alcohol is used for cleaning and sterilizing.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Propyl alcohol and isopropyl 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 (2023)United States$345M
Top Destination (2023)United States$128M

In 2023 Propyl alcohol and isopropyl alcohol were the world's 1656th most traded product (out of 4,644).

In 2023, the top exporters of Propyl alcohol and isopropyl alcohol were United States ($345M), China ($189M), South Africa ($142M), Netherlands ($126M), and Chinese Taipei ($123M).

In 2023, the top importers of Propyl alcohol and isopropyl alcohol were United States ($128M), Belgium ($124M), India ($114M), China ($90.7M), and Germany ($76.3M).

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Exporters of Propyl alcohol and isopropyl alcohol (2023)
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Importers of Propyl alcohol and isopropyl alcohol (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$3.23M
Top Destination Growth (2022 -  2023)Singapore$20M

Between 2022 and 2023, the exports of Propyl alcohol and isopropyl alcohol grew the fastest in United Kingdom ($3.23M), South Africa ($2.88M), Singapore ($2.6M), India ($603k), and Malaysia ($481k).

Between 2022 and 2023, the fastest growing importers of Propyl alcohol and isopropyl alcohol were Singapore ($20M), Belgium ($4.72M), Thailand ($1.15M), Finland ($1.09M), and Egypt ($1.06M).

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Exporters of Propyl alcohol and isopropyl alcohol (2022 - 2023)

Importers of Propyl alcohol and isopropyl alcohol (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Propyl alcohol and isopropyl alcohol.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Propyl alcohol and isopropyl alcohol are explained by 13 countries.

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Value of Exports in Propyl alcohol and isopropyl alcohol

Net Trade

TOP NET EXPORTER (2023)United States$218M
TOP NET IMPORTER (2023)India$106M

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

In 2023, the countries that had a largest trade value in exports than in imports of Propyl alcohol and isopropyl alcohol were United States ($218M), South Africa ($141M), Netherlands ($101M), Chinese Taipei ($99.7M), and China ($97.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Propyl alcohol and isopropyl alcohol were India ($106M), Mexico ($73M), Spain ($46.2M), Belgium ($45.3M), and Singapore ($40.6M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Propyl alcohol and isopropyl 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 (2023)

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