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270720 (Harmonized System 1992 for 6-digit)

2023
World Trade $314MRnk 3296 / 4644
2023
Top Exporter | Top Importer $104M | $94.3MGermany | Malaysia
2023
Product Complexity 0.63Rnk 1427 / 4656
2022 - 2023
Export Growth (CAGR) -21.3%Rnk 3779 / 4644
2023
Share of World Trade 0.0014%Rnk 3296 / 4644

About

Overview This page contains the latest trade data of Toluole. In 2023, Toluole were the world's 3296th most traded product, with a total trade of $314M. Between 2022 and 2023 the exports of Toluole decreased by -21.3%, from $399M to $314M. Trade in Toluole represent 0.0014% of total world trade.

Toluole are a part of Coal Tar Oil.

Exports In 2023 the top exporters of Toluole  were Germany ($104M), China ($60.9M), Japan ($41.7M), South Korea ($36.3M), and Belgium ($27M).

Imports In 2023 the top importers of Toluole were Malaysia ($94.3M), Belgium ($70.2M), Netherlands ($53.6M), South Korea ($41.5M), and United States ($21.6M).

Ranking Toluole ranks 1427th in the Product Complexity Index (PCI).

Description Toluole is used in the production of rubber, and in the manufacture of various types of paints and plastics. Toluene is also used in the manufacture of some types of pesticides.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Toluole. 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$104M
Top Destination (2023)Malaysia$94.3M

In 2023 Toluole were the world's 3296th most traded product (out of 4,644).

In 2023, the top exporters of Toluole were Germany ($104M), China ($60.9M), Japan ($41.7M), South Korea ($36.3M), and Belgium ($27M).

In 2023, the top importers of Toluole were Malaysia ($94.3M), Belgium ($70.2M), Netherlands ($53.6M), South Korea ($41.5M), and United States ($21.6M).

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Exporters of Toluole (2023)
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Importers of Toluole (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$24.6M
Top Destination Growth (2022 -  2023)Malaysia$42.1M

Between 2022 and 2023, the exports of Toluole grew the fastest in South Korea ($24.6M), China ($5.44M), Netherlands ($3.31M), Thailand ($2.68M), and Chinese Taipei ($2.34M).

Between 2022 and 2023, the fastest growing importers of Toluole were Malaysia ($42.1M), Germany ($1.87M), Mexico ($1.2M), Pakistan ($486k), and Australia ($422k).

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Exporters of Toluole (2022 - 2023)

Importers of Toluole (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Toluole are explained by 7 countries.

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Value of Exports in Toluole

Net Trade

TOP NET EXPORTER (2023)Germany$95.4M
TOP NET IMPORTER (2023)Malaysia$94.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of Toluole were Germany ($95.4M), China ($60.8M), Japan ($39.4M), Spain ($12.6M), and Brazil ($4.31M).

In 2023, the countries that had a largest trade value in imports than in exports of Toluole were Malaysia ($94.2M), Netherlands ($43.6M), Belgium ($43.2M), United States ($17.8M), and Estonia ($11.8M).

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

Top 10 Exporters Countries of Toluole 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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