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Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives

2905 (Harmonized System 1992 for 4-digit)

2022
World Trade $41.8BRnk 111 / 1218
2022
Top Exporter | Top Importer $6.19B | $8.76BSaudi Arabia | China
2022
Product Complexity -0.26Rnk 642 / 1033
2021 - 2022
Export Growth (CAGR) 3.74%Rnk 673 / 1218
2022
Share of World Trade 0.18%Rnk 111 / 1218

About

Overview This page contains the latest trade data of Acyclic Alcohols. In 2022, Acyclic Alcohols were the world's 111th most traded product, with a total trade of $41.8B. Between 2021 and 2022 the exports of Acyclic Alcohols grew by 3.74%, from $40.3B to $41.8B. Trade in Acyclic Alcohols represent 0.18% of total world trade.

Acyclic Alcohols are a part of Organic chemicals. They include Ethylene glycol (ethanediol), Methyl alcohol, Diols except ethylene and propylene glycol, Saturated monohydric acyclic alcohols nes, Propylene glycol (propane-1,2-diol), Octanol(octyl alcohol), isomers, Propyl alcohol and isopropyl alcohol, N-butyl alcohol, Butanols nes, and Dodecan-1-ol, hexadecan-1-ol and octadecan-1-ol, among others.

Exports In 2022 the top exporters of Acyclic Alcohols  were Saudi Arabia ($6.19B), United States ($5.02B), Germany ($3.05B), Kuwait ($2.79B), and China ($2.52B).

Imports In 2022 the top importers of Acyclic Alcohols were China ($8.76B), India ($3.73B), United States ($2.3B), Germany ($2.06B), and South Korea ($1.93B).

Ranking Acyclic Alcohols ranks 642nd in the Product Complexity Index (PCI).

Description Acyclic alcohols are used in the production of solvents, as well as in the preparation of pharmaceuticals, and as a fuel additive. Halogenated derivatives are used in the production of pesticides, solvents, and pharmaceuticals. Nitrated derivatives are used in the production of explosives. Nitrosated derivatives are used in the production of pharmaceuticals.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Acyclic Alcohols. 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$6.19B
Top Destination (2022)China$8.76B

In 2022 Acyclic Alcohols were the world's 111th most traded product (out of 1,218).

In 2022, the top exporters of Acyclic Alcohols were Saudi Arabia ($6.19B), United States ($5.02B), Germany ($3.05B), Kuwait ($2.79B), and China ($2.52B).

In 2022, the top importers of Acyclic Alcohols were China ($8.76B), India ($3.73B), United States ($2.3B), Germany ($2.06B), and South Korea ($1.93B).

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Exporters of Acyclic Alcohols (2022)
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Importers of Acyclic Alcohols (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Kuwait$2B
Top Destination Growth (2021 -  2022)India$1.34B

Between 2021 and 2022, the exports of Acyclic Alcohols grew the fastest in Kuwait ($2B), United States ($1.17B), Saudi Arabia ($704M), Canada ($353M), and China ($238M).

Between 2021 and 2022, the fastest growing importers of Acyclic Alcohols were India ($1.34B), Pakistan ($388M), Brazil ($143M), Poland ($125M), and Egypt ($123M).

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Exporters of Acyclic Alcohols (2021 - 2022)

Importers of Acyclic Alcohols (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Acyclic Alcohols.

In 2022, market concentration measured using Shannon Entropy, was 4.66. This means that most of the exports of Acyclic Alcohols are explained by 25 countries.

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Value of Exports in Acyclic Alcohols

Net Trade

TOP NET EXPORTER (2022)Saudi Arabia$6.14B
TOP NET IMPORTER (2022)China$6.24B

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

In 2022, the countries that had a largest trade value in exports than in imports of Acyclic Alcohols were Saudi Arabia ($6.14B), Kuwait ($2.77B), United States ($2.72B), Trinidad and Tobago ($1.83B), and Germany ($989M).

In 2022, the countries that had a largest trade value in imports than in exports of Acyclic Alcohols were China ($6.24B), India ($3.22B), Turkey ($1.42B), Italy ($992M), and Brazil ($992M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Acyclic Alcohols, disaggragated by their HS6 level were Methyl alcohol ($12.3B), Ethylene glycol (ethanediol) ($11.5B), Diols except ethylene and propylene glycol ($3.28B), Propylene glycol (propane-1,2-diol) ($2.64B), and Saturated monohydric acyclic alcohols nes ($2.51B)

HS6 Disaggregation for Acyclic Alcohols (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Acyclic Alcohols by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $232M
TOP IMPORT POTENTIALChina+ $6.01M

Acyclic Alcohols’s highest export potential is India. With an export gap of $232M.  Acyclic Alcohols’s highest import potential is China with an import gap of $6.01M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Acyclic Alcohols.

Country by Relatedness

The following visualization shows the relatedness of Acyclic Alcohols to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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