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Butanone (methyl ethyl ketone)

291412 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.24BRnk 1956 / 4648
2022
Top Exporter | Top Importer $382M | $214MChina | United States
2022
Product Complexity 1.05Rnk 710 / 4653
2021 - 2022
Export Growth (CAGR) 41.2%Rnk 235 / 4648
2022
Share of World Trade 0.0052%Rnk 1956 / 4648

About

Overview This page contains the latest trade data of Butanone. In 2022, Butanone were the world's 1956th most traded product, with a total trade of $1.24B. Between 2021 and 2022 the exports of Butanone grew by 41.2%, from $877M to $1.24B. Trade in Butanone represent 0.0052% of total world trade.

Butanone are a part of Ketones and Quinones.

Exports In 2022 the top exporters of Butanone  were China ($382M), United Kingdom ($167M), Japan ($155M), Netherlands ($150M), and South Africa ($98.6M).

Imports In 2022 the top importers of Butanone were United States ($214M), South Korea ($161M), Belgium ($111M), Vietnam ($77.2M), and India ($72.7M).

Ranking Butanone ranks 710th in the Product Complexity Index (PCI).

Description Butanone, also known as methyl ethyl ketone (MEK), is a solvent used in the paint and coatings industry. It is also used to make synthetic rubber and is found in lacquers and varnishes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Butanone. 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$382M
Top Destination (2022)United States$214M

In 2022 Butanone were the world's 1956th most traded product (out of 4,648).

In 2022, the top exporters of Butanone were China ($382M), United Kingdom ($167M), Japan ($155M), Netherlands ($150M), and South Africa ($98.6M).

In 2022, the top importers of Butanone were United States ($214M), South Korea ($161M), Belgium ($111M), Vietnam ($77.2M), and India ($72.7M).

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

Color
Top Origin Growth (2021 -  2022)China$211M
Top Destination Growth (2021 -  2022)United States$86.2M

Between 2021 and 2022, the exports of Butanone grew the fastest in China ($211M), United Kingdom ($60.2M), Belgium ($33.2M), Netherlands ($29.6M), and South Africa ($25.4M).

Between 2021 and 2022, the fastest growing importers of Butanone were United States ($86.2M), Belgium ($39M), Vietnam ($30M), India ($29.7M), and Indonesia ($20.3M).

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Exporters of Butanone (2021 - 2022)

Importers of Butanone (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Butanone are explained by 8 countries.

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Value of Exports in Butanone

Net Trade

TOP NET EXPORTER (2022)China$381M
TOP NET IMPORTER (2022)United States$183M

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

In 2022, the countries that had a largest trade value in exports than in imports of Butanone were China ($381M), Japan ($155M), United Kingdom ($154M), Netherlands ($111M), and South Africa ($98.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Butanone were United States ($183M), South Korea ($154M), Vietnam ($76.3M), India ($72M), and Mexico ($38.4M).

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

Top 10 Exporters Countries of Butanone 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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