Ketones and quinones; whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrostated derivatives

2914 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Ketones and Quinones. In 2022, Ketones and Quinones were the world's 438th most traded product, with a total trade of $7.79B. Between 2021 and 2022 the exports of Ketones and Quinones decreased by -2.57%, from $7.99B to $7.79B. Trade in Ketones and Quinones represent 0.033% of total world trade.

Ketones and Quinones are a part of Organic chemicals. They include Acetone, Butanone, Cyclanic ketones, no oxygen functio, Cyclohexanone and methylcyclohexanones, Derivatives of ketones and quinones, Ketone-phenols and ketones with other oxygen function, Quinones other than anthraquinone, Acyclic ketones without other oxygen function, nes, Aromatic ketones without other oxygen function, and 4-methylpentan-2-one, among others.

Exports In 2022 the top exporters of Ketones and Quinones  were China ($2.07B), Germany ($620M), India ($618M), United States ($478M), and Netherlands ($450M).

Imports In 2022 the top importers of Ketones and Quinones were United States ($1.04B), Germany ($688M), China ($654M), India ($595M), and Belgium ($472M).

Ranking Ketones and Quinones ranks 82nd in the Product Complexity Index (PCI).

Description Ketones and quinones are both organic compounds that contain a carbonyl group. Ketones have a carbonyl group as part of a hydrocarbon chain, while quinones have the carbonyl group attached to a benzene ring. Ketones are used in the production of plastics, rubber, pharmaceuticals, and solvents. Quinones are used in the production of herbicides, pesticides, and fungicides. Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones are used as solvents.

Latest Data

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The following visualization shows the latest trends on Ketones and Quinones. 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)China$2.07B
Top Destination (2022)United States$1.04B

In 2022 Ketones and Quinones were the world's 438th most traded product (out of 1,218).

In 2022, the top exporters of Ketones and Quinones were China ($2.07B), Germany ($620M), India ($618M), United States ($478M), and Netherlands ($450M).

In 2022, the top importers of Ketones and Quinones were United States ($1.04B), Germany ($688M), China ($654M), India ($595M), and Belgium ($472M).

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Exporters of Ketones and Quinones (2022)
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Importers of Ketones and Quinones (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$244M
Top Destination Growth (2021 -  2022)Belgium$47.9M

Between 2021 and 2022, the exports of Ketones and Quinones grew the fastest in China ($244M), United Kingdom ($58M), India ($49M), Italy ($40.9M), and United States ($37.3M).

Between 2021 and 2022, the fastest growing importers of Ketones and Quinones were Belgium ($47.9M), Spain ($30.5M), Vietnam ($27.5M), Mexico ($22.6M), and France ($18.8M).

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Exporters of Ketones and Quinones (2021 - 2022)

Importers of Ketones and Quinones (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ketones and Quinones.

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Ketones and Quinones are explained by 16 countries.

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Value of Exports in Ketones and Quinones

Net Trade

TOP NET EXPORTER (2022)China$1.41B
TOP NET IMPORTER (2022)United States$559M

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

In 2022, the countries that had a largest trade value in exports than in imports of Ketones and Quinones were China ($1.41B), South Africa ($228M), Chinese Taipei ($210M), Saudi Arabia ($148M), and Japan ($111M).

In 2022, the countries that had a largest trade value in imports than in exports of Ketones and Quinones were United States ($559M), Belgium ($186M), Switzerland ($154M), Indonesia ($141M), and Vietnam ($136M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Ketones and Quinones, disaggragated by their HS6 level were Acetone ($1.53B), Butanone ($1.24B), Cyclanic ketones, no oxygen functio ($1.14B), Derivatives of ketones and quinones ($737M), and Quinones other than anthraquinone ($581M)

HS6 Disaggregation for Ketones and Quinones (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 Ketones and Quinones.
It is possible to select the main countries that export or import Ketones and Quinones in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ketones and Quinones by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $95.2M
TOP IMPORT POTENTIALIndia+ $54.1M

Ketones and Quinones’s highest export potential is India. With an export gap of $95.2M.  Ketones and Quinones’s highest import potential is India with an import gap of $54.1M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Ketones and Quinones 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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