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290711 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.73BRnk 1214 / 4648
2022
Top Exporter | Top Importer $320M | $514MUnited States | China
2022
Product Complexity 0.76Rnk 1165 / 4653
2021 - 2022
Export Growth (CAGR) -2.76%Rnk 3348 / 4648
2022
Share of World Trade 0.012%Rnk 1214 / 4648

About

Overview This page contains the latest trade data of Phenol (hdroxybenzene), salts. In 2022, Phenol (hdroxybenzene), salts were the world's 1214th most traded product, with a total trade of $2.73B. Between 2021 and 2022 the exports of Phenol (hdroxybenzene), salts decreased by -2.76%, from $2.81B to $2.73B. Trade in Phenol (hdroxybenzene), salts represent 0.012% of total world trade.

Phenol (hdroxybenzene), salts are a part of Phenols.

Exports In 2022 the top exporters of Phenol (hdroxybenzene), salts  were United States ($320M), South Korea ($304M), Saudi Arabia ($280M), Germany ($278M), and Thailand ($238M).

Imports In 2022 the top importers of Phenol (hdroxybenzene), salts were China ($514M), Netherlands ($314M), India ($281M), Belgium ($180M), and Germany ($166M).

Ranking Phenol (hdroxybenzene), salts ranks 1165th in the Product Complexity Index (PCI).

Description Phenol is commonly used as a disinfectant, and in the synthesis of other organic compounds.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Phenol (hdroxybenzene), salts. 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$320M
Top Destination (2022)China$514M

In 2022 Phenol (hdroxybenzene), salts were the world's 1214th most traded product (out of 4,648).

In 2022, the top exporters of Phenol (hdroxybenzene), salts were United States ($320M), South Korea ($304M), Saudi Arabia ($280M), Germany ($278M), and Thailand ($238M).

In 2022, the top importers of Phenol (hdroxybenzene), salts were China ($514M), Netherlands ($314M), India ($281M), Belgium ($180M), and Germany ($166M).

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Exporters of Phenol (hdroxybenzene), salts (2022)
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Importers of Phenol (hdroxybenzene), salts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$110M
Top Destination Growth (2021 -  2022)Poland$92.7M

Between 2021 and 2022, the exports of Phenol (hdroxybenzene), salts grew the fastest in Germany ($110M), United States ($45.8M), Chinese Taipei ($45.1M), Finland ($35.8M), and Japan ($26.9M).

Between 2021 and 2022, the fastest growing importers of Phenol (hdroxybenzene), salts were Poland ($92.7M), India ($25.7M), Netherlands ($16.9M), Brazil ($14.1M), and Canada ($11.6M).

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Exporters of Phenol (hdroxybenzene), salts (2021 - 2022)

Importers of Phenol (hdroxybenzene), salts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Phenol (hdroxybenzene), salts.

In 2022, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Phenol (hdroxybenzene), salts are explained by 15 countries.

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Value of Exports in Phenol (hdroxybenzene), salts

Net Trade

TOP NET EXPORTER (2022)United States$318M
TOP NET IMPORTER (2022)China$443M

This map shows which countries export or import more of Phenol (hdroxybenzene), salts. Each country is colored based on the difference in exports and imports of Phenol (hdroxybenzene), salts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Phenol (hdroxybenzene), salts were United States ($318M), Saudi Arabia ($279M), South Korea ($259M), Thailand ($224M), and Finland ($195M).

In 2022, the countries that had a largest trade value in imports than in exports of Phenol (hdroxybenzene), salts were China ($443M), Netherlands ($288M), India ($242M), Poland ($154M), and Canada ($97.1M).

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 Phenol (hdroxybenzene), salts.
It is possible to select the main countries that export or import Phenol (hdroxybenzene), salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Phenol (hdroxybenzene), salts 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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