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271113 (Harmonized System 1992 for 6-digit)

2023
World Trade $24.9BRnk 126 / 4644
2023
Top Exporter | Top Importer $6.6B | $5.93BUnited States | India
2023
Product Complexity -1.65Rnk 4364 / 4656
2022 - 2023
Export Growth (CAGR) -27.6%Rnk 4126 / 4644
2023
Share of World Trade 0.11%Rnk 126 / 4644

About

Overview This page contains the latest trade data of Butanes, liquefied. In 2023, Butanes, liquefied were the world's 126th most traded product, with a total trade of $24.9B. Between 2022 and 2023 the exports of Butanes, liquefied decreased by -27.6%, from $34.4B to $24.9B. Trade in Butanes, liquefied represent 0.11% of total world trade.

Butanes, liquefied are a part of Petroleum Gas.

Exports In 2023 the top exporters of Butanes, liquefied  were United States ($6.6B), United Arab Emirates ($4.06B), Qatar ($2.3B), Saudi Arabia ($2.29B), and Kuwait ($1.44B).

Imports In 2023 the top importers of Butanes, liquefied were India ($5.93B), China ($3.87B), Indonesia ($1.82B), Morocco ($1.56B), and Japan ($921M).

Ranking Butanes, liquefied ranks 4364th 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 (2023)United States$6.6B
Top Destination (2023)India$5.93B

In 2023 Butanes, liquefied were the world's 126th most traded product (out of 4,644).

In 2023, the top exporters of Butanes, liquefied were United States ($6.6B), United Arab Emirates ($4.06B), Qatar ($2.3B), Saudi Arabia ($2.29B), and Kuwait ($1.44B).

In 2023, the top importers of Butanes, liquefied were India ($5.93B), China ($3.87B), Indonesia ($1.82B), Morocco ($1.56B), and Japan ($921M).

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Exporters of Butanes, liquefied (2023)
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Importers of Butanes, liquefied (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Malaysia$41.4M
Top Destination Growth (2022 -  2023)Mexico$266M

Between 2022 and 2023, the exports of Butanes, liquefied grew the fastest in Malaysia ($41.4M), Lithuania ($28.7M), Equatorial Guinea ($19.6M), Thailand ($18.8M), and Poland ($17.6M).

Between 2022 and 2023, the fastest growing importers of Butanes, liquefied were Mexico ($266M), Singapore ($129M), Togo ($107M), Malaysia ($46.1M), and Tanzania ($29.5M).

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Exporters of Butanes, liquefied (2022 - 2023)

Importers of Butanes, liquefied (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Butanes, liquefied are explained by 15 countries.

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Value of Exports in Butanes, liquefied

Net Trade

TOP NET EXPORTER (2023)United States$6.04B
TOP NET IMPORTER (2023)India$5.93B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Butanes, liquefied were United States ($6.04B), United Arab Emirates ($4.06B), Qatar ($2.3B), Saudi Arabia ($2.29B), and Kuwait ($1.44B).

In 2023, the countries that had a largest trade value in imports than in exports of Butanes, liquefied were India ($5.93B), China ($3.56B), Indonesia ($1.81B), Morocco ($1.56B), and Japan ($910M).

Net Trade (2023)

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 (2023)

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