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290122 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.37BRnk 673 / 4644
2023
Top Exporter | Top Importer $1.45B | $2.07BSouth Korea | China
2023
Product Complexity 0.69Rnk 1288 / 4656
2022 - 2023
Export Growth (CAGR) -24.8%Rnk 3996 / 4644
2023
Share of World Trade 0.024%Rnk 673 / 4644

About

Overview This page contains the latest trade data of Propene (propylene). In 2023, Propene (propylene) were the world's 673rd most traded product, with a total trade of $5.37B. Between 2022 and 2023 the exports of Propene (propylene) decreased by -24.8%, from $7.14B to $5.37B. Trade in Propene (propylene) represent 0.024% of total world trade.

Propene (propylene) are a part of Acyclic Hydrocarbons.

Exports In 2023 the top exporters of Propene (propylene)  were South Korea ($1.45B), Netherlands ($613M), Japan ($516M), United States ($459M), and Chinese Taipei ($261M).

Imports In 2023 the top importers of Propene (propylene) were China ($2.07B), Germany ($655M), France ($320M), Netherlands ($300M), and Colombia ($297M).

Ranking Propene (propylene) ranks 1288th in the Product Complexity Index (PCI).

Description Propene is a hydrocarbon compound that is used in the production of polypropylene plastics. In the petroleum industry, it is often used to produce gasoline or as a fuel in oil refineries.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Propene (propylene). 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)South Korea$1.45B
Top Destination (2023)China$2.07B

In 2023 Propene (propylene) were the world's 673rd most traded product (out of 4,644).

In 2023, the top exporters of Propene (propylene) were South Korea ($1.45B), Netherlands ($613M), Japan ($516M), United States ($459M), and Chinese Taipei ($261M).

In 2023, the top importers of Propene (propylene) were China ($2.07B), Germany ($655M), France ($320M), Netherlands ($300M), and Colombia ($297M).

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Exporters of Propene (propylene) (2023)
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Importers of Propene (propylene) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$73M
Top Destination Growth (2022 -  2023)Malaysia$50.5M

Between 2022 and 2023, the exports of Propene (propylene) grew the fastest in Singapore ($73M), Netherlands ($61.6M), Sweden ($30.5M), France ($30.4M), and Romania ($29.3M).

Between 2022 and 2023, the fastest growing importers of Propene (propylene) were Malaysia ($50.5M), Thailand ($34.5M), Denmark ($5.65M), Gibraltar ($5.23M), and Serbia ($4.4M).

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Exporters of Propene (propylene) (2022 - 2023)

Importers of Propene (propylene) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Propene (propylene).

In 2023, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Propene (propylene) are explained by 15 countries.

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Value of Exports in Propene (propylene)

Net Trade

TOP NET EXPORTER (2023)South Korea$1.35B
TOP NET IMPORTER (2023)China$2.03B

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

In 2023, the countries that had a largest trade value in exports than in imports of Propene (propylene) were South Korea ($1.35B), Japan ($471M), United States ($422M), Netherlands ($314M), and Spain ($183M).

In 2023, the countries that had a largest trade value in imports than in exports of Propene (propylene) were China ($2.03B), Germany ($401M), France ($181M), Belgium ($165M), and Indonesia ($143M).

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

Top 10 Exporters Countries of Propene (propylene) 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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