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290270 (Harmonized System 1992 for 6-digit)

2023
World Trade $744MRnk 2440 / 4644
2023
Top Exporter | Top Importer $292M | $482MSingapore | China
2023
Product Complexity 1.37Rnk 266 / 4656
2022 - 2023
Export Growth (CAGR) -38%Rnk 4417 / 4644
2023
Share of World Trade 0.0033%Rnk 2440 / 4644

About

Overview This page contains the latest trade data of Cumene. In 2023, Cumene were the world's 2440th most traded product, with a total trade of $744M. Between 2022 and 2023 the exports of Cumene decreased by -38%, from $1.2B to $744M. Trade in Cumene represent 0.0033% of total world trade.

Cumene are a part of Cyclic Hydrocarbons.

Exports In 2023 the top exporters of Cumene  were Singapore ($292M), Japan ($239M), South Korea ($46.8M), Spain ($46M), and United States ($33.9M).

Imports In 2023 the top importers of Cumene were China ($482M), India ($46.6M), United States ($46.2M), Germany ($39.2M), and Netherlands ($29.7M).

Ranking Cumene ranks 266th in the Product Complexity Index (PCI).

Description An aromatic hydrocarbon, cumene is used as a solvent for varnishes and lacquers, and as a feedstock for the production of phenol and acetone.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cumene. 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)Singapore$292M
Top Destination (2023)China$482M

In 2023 Cumene were the world's 2440th most traded product (out of 4,644).

In 2023, the top exporters of Cumene were Singapore ($292M), Japan ($239M), South Korea ($46.8M), Spain ($46M), and United States ($33.9M).

In 2023, the top importers of Cumene were China ($482M), India ($46.6M), United States ($46.2M), Germany ($39.2M), and Netherlands ($29.7M).

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

Color
Top Origin Growth (2022 -  2023)South Korea$38.1M
Top Destination Growth (2022 -  2023)South Korea$18M

Between 2022 and 2023, the exports of Cumene grew the fastest in South Korea ($38.1M), Brazil ($11.9M), Estonia ($7.21M), Belgium ($4.12M), and China ($426k).

Between 2022 and 2023, the fastest growing importers of Cumene were South Korea ($18M), Germany ($17.4M), Malaysia ($12M), Netherlands ($10M), and Switzerland ($5.16M).

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Exporters of Cumene (2022 - 2023)

Importers of Cumene (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.42. This means that most of the exports of Cumene are explained by 5 countries.

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Value of Exports in Cumene

Net Trade

TOP NET EXPORTER (2023)Singapore$289M
TOP NET IMPORTER (2023)China$481M

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

In 2023, the countries that had a largest trade value in exports than in imports of Cumene were Singapore ($289M), Japan ($238M), Spain ($46M), South Korea ($19.4M), and Brazil ($11.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Cumene were China ($481M), India ($46.6M), Italy ($18M), Germany ($13.9M), and United States ($12.3M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Cumene 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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