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290532 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.57BRnk 1643 / 4644
2023
Top Exporter | Top Importer $278M | $100MGermany | India
2023
Product Complexity 0.9Rnk 943 / 4656
2022 - 2023
Export Growth (CAGR) -41.6%Rnk 4460 / 4644
2023
Share of World Trade 0.0069%Rnk 1643 / 4644

About

Overview This page contains the latest trade data of Propylene glycol (propane-1,2-diol). In 2023, Propylene glycol (propane-1,2-diol) were the world's 1643rd most traded product, with a total trade of $1.57B. Between 2022 and 2023 the exports of Propylene glycol (propane-1,2-diol) decreased by -41.6%, from $2.69B to $1.57B. Trade in Propylene glycol (propane-1,2-diol) represent 0.0069% of total world trade.

Propylene glycol (propane-1,2-diol) are a part of Acyclic alcohol derivatives (halogenated, sulphonated, nitrated).

Exports In 2023 the top exporters of Propylene glycol (propane-1,2-diol)  were Germany ($278M), China ($252M), United States ($183M), Thailand ($151M), and South Korea ($134M).

Imports In 2023 the top importers of Propylene glycol (propane-1,2-diol) were India ($100M), France ($94.5M), Italy ($82.2M), China ($80.1M), and Spain ($57M).

Ranking Propylene glycol (propane-1,2-diol) ranks 943rd in the Product Complexity Index (PCI).

Description Propylene glycol is a liquid with low toxicity. Companies use it in food, toothpaste, and cosmetics. It is also used as a solvent in some medicines and as a component in some kinds of de-icing fluids. What are the common uses of propylene glycol in food? Propylene glycol is used as a food additive in many products, including ice cream, whipped cream, cakes, and margarine. What are the common uses of propylene glycol in cosmetics? Propylene glycol is used in cosmetics as a moistur

Latest Trends

Latest Data

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The following visualization shows the latest trends on Propylene glycol (propane-1,2-diol). 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)Germany$278M
Top Destination (2023)India$100M

In 2023 Propylene glycol (propane-1,2-diol) were the world's 1643rd most traded product (out of 4,644).

In 2023, the top exporters of Propylene glycol (propane-1,2-diol) were Germany ($278M), China ($252M), United States ($183M), Thailand ($151M), and South Korea ($134M).

In 2023, the top importers of Propylene glycol (propane-1,2-diol) were India ($100M), France ($94.5M), Italy ($82.2M), China ($80.1M), and Spain ($57M).

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Exporters of Propylene glycol (propane-1,2-diol) (2023)
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Importers of Propylene glycol (propane-1,2-diol) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$1.55M
Top Destination Growth (2022 -  2023)South Korea$9.59M

Between 2022 and 2023, the exports of Propylene glycol (propane-1,2-diol) grew the fastest in Chinese Taipei ($1.55M), Norway ($647k), New Zealand ($465k), Senegal ($309k), and Slovenia ($285k).

Between 2022 and 2023, the fastest growing importers of Propylene glycol (propane-1,2-diol) were South Korea ($9.59M), Romania ($1.67M), Afghanistan ($1.21M), Azerbaijan ($954k), and Armenia ($912k).

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Exporters of Propylene glycol (propane-1,2-diol) (2022 - 2023)

Importers of Propylene glycol (propane-1,2-diol) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Propylene glycol (propane-1,2-diol).

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Propylene glycol (propane-1,2-diol) are explained by 13 countries.

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Value of Exports in Propylene glycol (propane-1,2-diol)

Net Trade

TOP NET EXPORTER (2023)Germany$241M
TOP NET IMPORTER (2023)India$94.3M

This map shows which countries export or import more of Propylene glycol (propane-1,2-diol). Each country is colored based on the difference in exports and imports of Propylene glycol (propane-1,2-diol) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Propylene glycol (propane-1,2-diol) were Germany ($241M), China ($172M), United States ($155M), Thailand ($141M), and South Korea ($102M).

In 2023, the countries that had a largest trade value in imports than in exports of Propylene glycol (propane-1,2-diol) were India ($94.3M), Italy ($78.2M), Indonesia ($54M), Mexico ($50.7M), and Turkey ($50.2M).

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 Propylene glycol (propane-1,2-diol).
It is possible to select the main countries that export or import Propylene glycol (propane-1,2-diol) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Propylene glycol (propane-1,2-diol) 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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