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28-11-2023
Chemicals play an important role in our daily lives and are involved in almost every commodity sector in the world.
In 2022, global chemical export sales totaled $769.3 billion. Total organic and inorganic chemical exports grew 18.6% year-on-year, up from $648.4 billion in 2021.
The top 5 global exporters of organic and inorganic chemicals are mainland China, the U.S., Germany, Ireland, and South Korea, which together accounted for 45.2% of international chemical export sales in 2022.
Chemical Exporting Countries
The following are the top 10 countries exporting chemicals by value in 2022, including both organic and inorganic chemicals:
1. China: $141.3 billion (18.4% of total chemical exports)
2. United States: $67.9 billion (8.8%)
3. Germany: $49.5 billion (6.4%)
4. Ireland: $48.5 billion (6.3%)
5. Korea: $40.4 billion (5.2%)
6. Belgium: $38 billion (4.9%)
7. Switzerland: $31.8 billion (4.1%)
8. Netherlands: $31.1 billion (4%)
9. Japan: $27.7 billion (3.6%)
10. India: $25.1 billion (3.3%)
In terms of value, the 15 countries listed above account for about three-quarters (75.9%) of global chemical exports in 2022.
Among the above countries, the fastest-growing chemical exporters since 2018 are mainland China (up 76.7%), Switzerland (up 49.3%), Ireland (up 43.7%) and Germany (up 37.2%).
Three major suppliers experienced declines in chemical export sales over this 5-year period, namely Singapore (down -16.4% from 2018), Belgium (down -8.9%) and Taiwan (down -2%).
As of November 2023, a total of 11,946 companies have conducted Chemical Export globally. in terms of value, the top 10 Chemical Exporters globally are:
1.LUBRIZOL INDIA PRIVATE LIMITED (7.87%, $15456.53 Million)
2.Công ty TNHH SảN XUấT TâN THàNH (7.55%, $14827.64 Million)
3.Công ty TNHH Hoá Chất & Môi Trường Aureole Mitani (5.9%, $11587.09 Million)
4.Công Ty TNHH Hóa Chất Tân Phú Cường (4.08%, $8017.43 Million)
5.CMPC CELULOSA S.A. (3.12%, $6119.79 Million)
6.ТОВ КЕРНЕЛ ТРЕЙД (2.87%, $5629.07 Million)
7.CôNG TY TNHH THươNG MạI VạN THắNG ĐạT (2.05%, $4035.57 Million)
8.ŞİŞECAM DIŞ TİCARET ANONİM ŞİRKETİ (1.88%, $3696.83 Million)
9.TH SHCHEKINOAZOT, LTD (1.82%, $3566.96 Million)
10.Công ty TNHH Hoá Chất Công Nghệ SAMSUNG Việt Nam (1.76%, $3457.37 Million)
The 2-digit Harmonized Tariff System (HTS) code prefix for inorganic chemicals is 28, and the 2-digit Harmonized Tariff System (HTS) code prefix for organic chemicals is 29.
As of November 2023, there are 5,659 product subcategories (in terms of HS codes) involved in Chemical Export globally. Of these, the ones that account for the top 10 global exports are:
1.1512119100 (15.66%, $39610.84 Million): SUNFLOWER OIL, RAW, IN PRIMARY PACKAGINGS WITH NET VOLUME OF 10 L OR LESS
2.38112100(7.72%, $61.01 Million)：Prepared additives for oil lubricants containing petroleum oil or bituminous mineral oil
3.29141200 (5.58%, $20.05 Million) : Butanone "methyl ethyl ketone"
4.28151200 (3.27%, $287.86 Million): Sodium hydroxide "caustic soda" in aqueous solution "soda lye or liquid soda"
5.28332990 (3.12%, $98.29 Million): Sulphates (excluding of sodium, magnesium, aluminium, nickel, copper, barium and mercury): Other sulphates, nes
6.3824999990 (2.96%, $244.98 Million): Chemical products and preparations of the chemical or allied industries, incl. those consisting of mixtures of natural products, n.e.s: other : other : other : other : other
7.28416900 (2.66%, $0.15 Million) : Manganites, manganates and permanganates (excluding potassium permanganate)
8.7201109000 (2.43%, $0 Million) : Non-alloy pig iron in pigs, blocks or other primary forms, containing by weight <= 0.5% phosphorus, and <= 0.1% manganese manganese
9.1512199010 (2.33%, $4347.74 Million): Sunflower-seeded or safflower oil and their fractions, whether or not refined, but not chemically modified ( excluding crude): Othersunflwr andsafflwr oil excld edible/ non-edible grade
10.47032910 (2.23%, $8398.61 Million): chemical wood pulp, soda or sulphate, non-coniferous, semi-bleached, nes
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