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Butanone (methyl ethyl ketone)

291412 (Harmonized System 1992 for 6-digit)

2023
World Trade $732MRnk 2457 / 4644
2023
Top Exporter | Top Importer $175M | $108MJapan | South Korea
2023
Product Complexity 1.3Rnk 332 / 4656
2022 - 2023
Export Growth (CAGR) -39.1%Rnk 4430 / 4644
2023
Share of World Trade 0.0032%Rnk 2457 / 4644

About

Overview This page contains the latest trade data of Butanone. In 2023, Butanone were the world's 2457th most traded product, with a total trade of $732M. Between 2022 and 2023 the exports of Butanone decreased by -39.1%, from $1.2B to $732M. Trade in Butanone represent 0.0032% of total world trade.

Butanone are a part of Ketones and Quinones.

Exports In 2023 the top exporters of Butanone  were Japan ($175M), China ($155M), United Kingdom ($103M), Netherlands ($68.9M), and South Africa ($62.5M).

Imports In 2023 the top importers of Butanone were South Korea ($108M), United States ($104M), Belgium ($56.8M), India ($49.4M), and Vietnam ($40.7M).

Ranking Butanone ranks 332nd in the Product Complexity Index (PCI).

Description Butanone, also known as methyl ethyl ketone (MEK), is a solvent used in the paint and coatings industry. It is also used to make synthetic rubber and is found in lacquers and varnishes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Butanone. 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)Japan$175M
Top Destination (2023)South Korea$108M

In 2023 Butanone were the world's 2457th most traded product (out of 4,644).

In 2023, the top exporters of Butanone were Japan ($175M), China ($155M), United Kingdom ($103M), Netherlands ($68.9M), and South Africa ($62.5M).

In 2023, the top importers of Butanone were South Korea ($108M), United States ($104M), Belgium ($56.8M), India ($49.4M), and Vietnam ($40.7M).

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Exporters of Butanone (2023)
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Importers of Butanone (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$30.2M
Top Destination Growth (2022 -  2023)Brazil$1.76M

Between 2022 and 2023, the exports of Butanone grew the fastest in Japan ($30.2M), France ($3.64M), Singapore ($2.04M), Kazakhstan ($575k), and Gambia ($190k).

Between 2022 and 2023, the fastest growing importers of Butanone were Brazil ($1.76M), Iraq ($1.39M), Portugal ($676k), Egypt ($659k), and Jordan ($506k).

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Exporters of Butanone (2022 - 2023)

Importers of Butanone (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.17. This means that most of the exports of Butanone are explained by 9 countries.

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Value of Exports in Butanone

Net Trade

TOP NET EXPORTER (2023)Japan$175M
TOP NET IMPORTER (2023)South Korea$106M

This map shows which countries export or import more of Butanone. Each country is colored based on the difference in exports and imports of Butanone during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Butanone were Japan ($175M), China ($154M), United Kingdom ($95.8M), South Africa ($62.3M), and Netherlands ($49.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Butanone were South Korea ($106M), United States ($91.7M), India ($49.1M), Vietnam ($40.7M), and Italy ($28.8M).

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

Top 10 Exporters Countries of Butanone 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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