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271113 (Harmonized System 1992 for 6-digit)

2022
World Trade $31.3BRnk 104 / 4648
2022
Top Exporter | Top Importer $8.27B | $7.65BUnited States | India
2022
Product Complexity -1.8Rnk 4452 / 4653
2021 - 2022
Export Growth (CAGR) 15.8%Rnk 1057 / 4648
2022
Share of World Trade 0.13%Rnk 104 / 4648

About

Overview This page contains the latest trade data of Butanes, liquefied. In 2022, Butanes, liquefied were the world's 104th most traded product, with a total trade of $31.3B. Between 2021 and 2022 the exports of Butanes, liquefied grew by 15.8%, from $27B to $31.3B. Trade in Butanes, liquefied represent 0.13% of total world trade.

Butanes, liquefied are a part of Petroleum Gas.

Exports In 2022 the top exporters of Butanes, liquefied  were United States ($8.27B), United Arab Emirates ($4.38B), Saudi Arabia ($3.23B), Qatar ($2.79B), and Kuwait ($1.5B).

Imports In 2022 the top importers of Butanes, liquefied were India ($7.65B), China ($3.78B), Indonesia ($2.13B), Morocco ($1.64B), and South Korea ($1.17B).

Ranking Butanes, liquefied ranks 4452nd in the Product Complexity Index (PCI).

Description Butanes are used as fuel for gas ranges, as a refrigerant, as a solvent for oil and fats, and in the production of petrochemicals.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Butanes, liquefied. 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)United States$8.27B
Top Destination (2022)India$7.65B

In 2022 Butanes, liquefied were the world's 104th most traded product (out of 4,648).

In 2022, the top exporters of Butanes, liquefied were United States ($8.27B), United Arab Emirates ($4.38B), Saudi Arabia ($3.23B), Qatar ($2.79B), and Kuwait ($1.5B).

In 2022, the top importers of Butanes, liquefied were India ($7.65B), China ($3.78B), Indonesia ($2.13B), Morocco ($1.64B), and South Korea ($1.17B).

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Exporters of Butanes, liquefied (2022)
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Importers of Butanes, liquefied (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$1.3B
Top Destination Growth (2021 -  2022)India$1.12B

Between 2021 and 2022, the exports of Butanes, liquefied grew the fastest in United States ($1.3B), United Arab Emirates ($1.23B), Saudi Arabia ($634M), Qatar ($485M), and Kuwait ($326M).

Between 2021 and 2022, the fastest growing importers of Butanes, liquefied were India ($1.12B), Indonesia ($430M), Morocco ($279M), United Kingdom ($236M), and United States ($224M).

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Exporters of Butanes, liquefied (2021 - 2022)

Importers of Butanes, liquefied (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Butanes, liquefied.

In 2022, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Butanes, liquefied are explained by 16 countries.

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Value of Exports in Butanes, liquefied

Net Trade

TOP NET EXPORTER (2022)United States$7.44B
TOP NET IMPORTER (2022)India$7.65B

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

In 2022, the countries that had a largest trade value in exports than in imports of Butanes, liquefied were United States ($7.44B), United Arab Emirates ($4.37B), Saudi Arabia ($3.23B), Qatar ($2.79B), and Kuwait ($1.5B).

In 2022, the countries that had a largest trade value in imports than in exports of Butanes, liquefied were India ($7.65B), China ($3.34B), Indonesia ($2.04B), Japan ($1.15B), and Egypt ($1.06B).

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

Top 10 Exporters Countries of Butanes, liquefied 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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