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290230 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.64BRnk 1002 / 4648
2022
Top Exporter | Top Importer $687M | $581MChina | India
2022
Product Complexity 0.58Rnk 1496 / 4653
2021 - 2022
Export Growth (CAGR) 56.1%Rnk 145 / 4648
2022
Share of World Trade 0.015%Rnk 1002 / 4648

About

Overview This page contains the latest trade data of Toluene. In 2022, Toluene were the world's 1002nd most traded product, with a total trade of $3.64B. Between 2021 and 2022 the exports of Toluene grew by 56.1%, from $2.33B to $3.64B. Trade in Toluene represent 0.015% of total world trade.

Toluene are a part of Cyclic Hydrocarbons.

Exports In 2022 the top exporters of Toluene  were China ($687M), South Korea ($506M), Japan ($293M), Belgium ($285M), and Chinese Taipei ($270M).

Imports In 2022 the top importers of Toluene were India ($581M), South Korea ($573M), United States ($358M), Singapore ($261M), and Belgium ($200M).

Ranking Toluene ranks 1496th in the Product Complexity Index (PCI).

Description Toluene is a clear, colorless, water-insoluble liquid that evaporates easily. It is used as a solvent and a paint remover.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Toluene. 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$687M
Top Destination (2022)India$581M

In 2022 Toluene were the world's 1002nd most traded product (out of 4,648).

In 2022, the top exporters of Toluene were China ($687M), South Korea ($506M), Japan ($293M), Belgium ($285M), and Chinese Taipei ($270M).

In 2022, the top importers of Toluene were India ($581M), South Korea ($573M), United States ($358M), Singapore ($261M), and Belgium ($200M).

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Exporters of Toluene (2022)
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Importers of Toluene (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$610M
Top Destination Growth (2021 -  2022)Singapore$227M

Between 2021 and 2022, the exports of Toluene grew the fastest in China ($610M), South Korea ($303M), Belgium ($134M), Germany ($84.8M), and Spain ($79.5M).

Between 2021 and 2022, the fastest growing importers of Toluene were Singapore ($227M), United States ($175M), South Korea ($169M), Belgium ($137M), and India ($99M).

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Exporters of Toluene (2021 - 2022)

Importers of Toluene (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Toluene are explained by 15 countries.

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Value of Exports in Toluene

Net Trade

TOP NET EXPORTER (2022)China$632M
TOP NET IMPORTER (2022)India$566M

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

In 2022, the countries that had a largest trade value in exports than in imports of Toluene were China ($632M), Japan ($273M), Thailand ($244M), Chinese Taipei ($189M), and Germany ($167M).

In 2022, the countries that had a largest trade value in imports than in exports of Toluene were India ($566M), United States ($177M), Singapore ($152M), Vietnam ($132M), and Indonesia ($116M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Toluene 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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