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290250 (Harmonized System 1992 for 6-digit)

2022
World Trade $11.4BRnk 341 / 4648
2022
Top Exporter | Top Importer $2B | $1.22BNetherlands | China
2022
Product Complexity 1.15Rnk 561 / 4653
2021 - 2022
Export Growth (CAGR) 0.7%Rnk 2847 / 4648
2022
Share of World Trade 0.048%Rnk 341 / 4648

About

Overview This page contains the latest trade data of Styrene. In 2022, Styrene were the world's 341st most traded product, with a total trade of $11.4B. Between 2021 and 2022 the exports of Styrene grew by 0.7%, from $11.3B to $11.4B. Trade in Styrene represent 0.048% of total world trade.

Styrene are a part of Cyclic Hydrocarbons.

Exports In 2022 the top exporters of Styrene  were Netherlands ($2B), Saudi Arabia ($1.89B), United States ($1.76B), Singapore ($796M), and China ($785M).

Imports In 2022 the top importers of Styrene were China ($1.22B), India ($1.19B), Mexico ($1B), Belgium ($982M), and Turkey ($814M).

Ranking Styrene ranks 561st in the Product Complexity Index (PCI).

Description Styrene is an organic compound used to make polystyrene. Polystyrene is a hard, lightweight plastic with low cost, excellent insulating properties, and a low coefficient of friction. It is used in packaging, textiles, and construction.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Styrene. 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)Netherlands$2B
Top Destination (2022)China$1.22B

In 2022 Styrene were the world's 341st most traded product (out of 4,648).

In 2022, the top exporters of Styrene were Netherlands ($2B), Saudi Arabia ($1.89B), United States ($1.76B), Singapore ($796M), and China ($785M).

In 2022, the top importers of Styrene were China ($1.22B), India ($1.19B), Mexico ($1B), Belgium ($982M), and Turkey ($814M).

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Exporters of Styrene (2022)
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Importers of Styrene (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$489M
Top Destination Growth (2021 -  2022)Netherlands$308M

Between 2021 and 2022, the exports of Styrene grew the fastest in China ($489M), Saudi Arabia ($321M), France ($168M), Belgium ($82.8M), and Spain ($76.7M).

Between 2021 and 2022, the fastest growing importers of Styrene were Netherlands ($308M), India ($195M), Belgium ($176M), South Korea ($164M), and Mexico ($101M).

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Exporters of Styrene (2021 - 2022)

Importers of Styrene (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Styrene.

In 2022, market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Styrene are explained by 12 countries.

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Value of Exports in Styrene

Net Trade

TOP NET EXPORTER (2022)Saudi Arabia$1.89B
TOP NET IMPORTER (2022)India$1.13B

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

In 2022, the countries that had a largest trade value in exports than in imports of Styrene were Saudi Arabia ($1.89B), Netherlands ($1.32B), United States ($1.17B), Singapore ($795M), and Canada ($580M).

In 2022, the countries that had a largest trade value in imports than in exports of Styrene were India ($1.13B), Mexico ($1B), Turkey ($759M), Belgium ($657M), and Germany ($491M).

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 Styrene.
It is possible to select the main countries that export or import Styrene in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Styrene 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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