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291411 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.53BRnk 1748 / 4648
2022
Top Exporter | Top Importer $165M | $444MSaudi Arabia | China
2022
Product Complexity 0.95Rnk 853 / 4653
2021 - 2022
Export Growth (CAGR) -28.3%Rnk 4437 / 4648
2022
Share of World Trade 0.0065%Rnk 1748 / 4648

About

Overview This page contains the latest trade data of Acetone. In 2022, Acetone were the world's 1748th most traded product, with a total trade of $1.53B. Between 2021 and 2022 the exports of Acetone decreased by -28.3%, from $2.14B to $1.53B. Trade in Acetone represent 0.0065% of total world trade.

Acetone are a part of Ketones and Quinones.

Exports In 2022 the top exporters of Acetone  were Saudi Arabia ($165M), Spain ($154M), South Korea ($142M), Thailand ($137M), and Chinese Taipei ($129M).

Imports In 2022 the top importers of Acetone were China ($444M), Germany ($199M), Belgium ($91M), India ($80M), and Mexico ($76.9M).

Ranking Acetone ranks 853rd in the Product Complexity Index (PCI).

Description Acetone is used as a cleaning agent in many industries. It is also commonly used in the production of paint, lacquer, rubber, and varnish.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Acetone. 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)Saudi Arabia$165M
Top Destination (2022)China$444M

In 2022 Acetone were the world's 1748th most traded product (out of 4,648).

In 2022, the top exporters of Acetone were Saudi Arabia ($165M), Spain ($154M), South Korea ($142M), Thailand ($137M), and Chinese Taipei ($129M).

In 2022, the top importers of Acetone were China ($444M), Germany ($199M), Belgium ($91M), India ($80M), and Mexico ($76.9M).

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

Color
Top Origin Growth (2021 -  2022)United States$35.1M
Top Destination Growth (2021 -  2022)Mexico$14.9M

Between 2021 and 2022, the exports of Acetone grew the fastest in United States ($35.1M), Italy ($10.7M), Netherlands ($10.6M), Estonia ($2.04M), and Germany ($2.02M).

Between 2021 and 2022, the fastest growing importers of Acetone were Mexico ($14.9M), Indonesia ($2.01M), Vietnam ($1.15M), Austria ($1.12M), and Singapore ($1.1M).

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Exporters of Acetone (2021 - 2022)

Importers of Acetone (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Acetone are explained by 16 countries.

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Value of Exports in Acetone

Net Trade

TOP NET EXPORTER (2022)Saudi Arabia$163M
TOP NET IMPORTER (2022)China$439M

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

In 2022, the countries that had a largest trade value in exports than in imports of Acetone were Saudi Arabia ($163M), Spain ($142M), South Korea ($142M), Chinese Taipei ($127M), and Thailand ($106M).

In 2022, the countries that had a largest trade value in imports than in exports of Acetone were China ($439M), Germany ($87.5M), Mexico ($75.9M), India ($64.3M), and Switzerland ($58.6M).

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

Top 10 Exporters Countries of Acetone 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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