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Pricing

290532 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.64BRnk 1244 / 4648
2022
Top Exporter | Top Importer $510M | $170MGermany | France
2022
Product Complexity 0.93Rnk 884 / 4653
2021 - 2022
Export Growth (CAGR) -1.25%Rnk 3158 / 4648
2022
Share of World Trade 0.011%Rnk 1244 / 4648

About

Overview This page contains the latest trade data of Propylene glycol (propane-1,2-diol). In 2022, Propylene glycol (propane-1,2-diol) were the world's 1244th most traded product, with a total trade of $2.64B. Between 2021 and 2022 the exports of Propylene glycol (propane-1,2-diol) decreased by -1.25%, from $2.67B to $2.64B. Trade in Propylene glycol (propane-1,2-diol) represent 0.011% of total world trade.

Propylene glycol (propane-1,2-diol) are a part of Acyclic Alcohols.

Exports In 2022 the top exporters of Propylene glycol (propane-1,2-diol)  were Germany ($510M), China ($385M), South Korea ($253M), United States ($242M), and Thailand ($234M).

Imports In 2022 the top importers of Propylene glycol (propane-1,2-diol) were France ($170M), Italy ($144M), Belgium ($140M), India ($138M), and China ($138M).

Ranking Propylene glycol (propane-1,2-diol) ranks 884th in the Product Complexity Index (PCI).

Description Propylene glycol is a liquid with low toxicity. Companies use it in food, toothpaste, and cosmetics. It is also used as a solvent in some medicines and as a component in some kinds of de-icing fluids. What are the common uses of propylene glycol in food? Propylene glycol is used as a food additive in many products, including ice cream, whipped cream, cakes, and margarine. What are the common uses of propylene glycol in cosmetics? Propylene glycol is used in cosmetics as a moistur

Latest Trends

Latest Data

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The following visualization shows the latest trends on Propylene glycol (propane-1,2-diol). 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)Germany$510M
Top Destination (2022)France$170M

In 2022 Propylene glycol (propane-1,2-diol) were the world's 1244th most traded product (out of 4,648).

In 2022, the top exporters of Propylene glycol (propane-1,2-diol) were Germany ($510M), China ($385M), South Korea ($253M), United States ($242M), and Thailand ($234M).

In 2022, the top importers of Propylene glycol (propane-1,2-diol) were France ($170M), Italy ($144M), Belgium ($140M), India ($138M), and China ($138M).

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Exporters of Propylene glycol (propane-1,2-diol) (2022)
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Importers of Propylene glycol (propane-1,2-diol) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$59.5M
Top Destination Growth (2021 -  2022)Ireland$26.7M

Between 2021 and 2022, the exports of Propylene glycol (propane-1,2-diol) grew the fastest in China ($59.5M), Poland ($33.1M), Thailand ($31M), Brazil ($27.7M), and France ($19.1M).

Between 2021 and 2022, the fastest growing importers of Propylene glycol (propane-1,2-diol) were Ireland ($26.7M), United States ($24.3M), Belgium ($18.6M), United Arab Emirates ($13.3M), and Japan ($11.6M).

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Exporters of Propylene glycol (propane-1,2-diol) (2021 - 2022)

Importers of Propylene glycol (propane-1,2-diol) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Propylene glycol (propane-1,2-diol).

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Propylene glycol (propane-1,2-diol) are explained by 13 countries.

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Value of Exports in Propylene glycol (propane-1,2-diol)

Net Trade

TOP NET EXPORTER (2022)Germany$424M
TOP NET IMPORTER (2022)Italy$138M

This map shows which countries export or import more of Propylene glycol (propane-1,2-diol). Each country is colored based on the difference in exports and imports of Propylene glycol (propane-1,2-diol) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Propylene glycol (propane-1,2-diol) were Germany ($424M), China ($247M), South Korea ($232M), Thailand ($220M), and United States ($162M).

In 2022, the countries that had a largest trade value in imports than in exports of Propylene glycol (propane-1,2-diol) were Italy ($138M), India ($130M), Turkey ($92.3M), Indonesia ($81.3M), and United Kingdom ($76.6M).

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 Propylene glycol (propane-1,2-diol).
It is possible to select the main countries that export or import Propylene glycol (propane-1,2-diol) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Propylene glycol (propane-1,2-diol) 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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