Hydroquinone trade by country: top importers, exporters and prices
World trade in hydroquinone was worth $201.2 million in 2024, about 34.1 thousand tonnes. That is an increase of 2% since 2017, and down 19% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $201.2M | 34.1K t |
| 2023 | $246.9M | 30.5K t |
| 2022 | $355.5M | 36.9K t |
| 2021 | $250.0M | 35.6K t |
| 2020 | $215.1M | 38.6K t |
| 2019 | $242.1M | 39.3K t |
| 2018 | $238.3M | 42.5K t |
| 2017 | $198.0M | 41.4K t |
Top hydroquinone exporting countries
Exports are led by the United States (29%), Japan (24%) and France (16%). 50 countries reported exports, and the top three account for 69%.
| Exporter | Value | Share |
|---|---|---|
| United States | $58.4M | 29% |
| Japan | $48.5M | 24% |
| France | $31.7M | 16% |
| China | $24.8M | 12% |
| India | $13.1M | 6.5% |
| Belgium | $7.9M | 3.9% |
| Netherlands | $4.4M | 2.2% |
| Italy | $4.1M | 2% |
| Germany | $4.0M | 2% |
| United Kingdom | $970K | 0.5% |
| Switzerland | $514K | 0.3% |
| Mexico | $507K | 0.3% |
Top importing countries and buyer markets
The largest importers are India (18%), China (14%) and Cote d'Ivoire (6%). 130 countries imported it, and the top three take 38% of the value.
| Importer | Value | Share |
|---|---|---|
| India | $35.3M | 18% |
| China | $27.3M | 14% |
| Cote d'Ivoire | $12.8M | 6.4% |
| South Korea | $11.9M | 5.9% |
| Belgium | $10.8M | 5.4% |
| Germany | $10.2M | 5.1% |
| United Kingdom | $9.1M | 4.5% |
| DR Congo | $8.3M | 4.1% |
| Netherlands | $7.8M | 3.9% |
| Poland | $7.7M | 3.8% |
| Saudi Arabia | $7.0M | 3.5% |
| Togo | $6.4M | 3.2% |
Average price per kg
The world average declared value was about $5.90 per kg in 2024. Among the main exporters, the Netherlands averaged $8.63 per kg and Japan $5.02 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Hydroquinone (HS 2907.22) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2907.22: Polyphenols: hydroquinone (quinol) and its salts. HS 2907 codes.
Common questions
Which countries export the most hydroquinone?
The United States exported $58.4 million in 2024, 29% of the world total, followed by Japan (24%) and France (16%). In all, 50 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most hydroquinone?
India imported $35.3 million in 2024, 18% of world imports, ahead of China (14%) and Cote d'Ivoire (6%). The top three importers together take 38%. Each country with its own page is linked from the table.
How big is the world trade in hydroquinone?
It was worth $201.2 million in 2024, about 34.1 thousand tonnes. That is an increase of 2% since 2017. The peak year was 2022 at $355.5 million. 50 countries reported exports and 130 reported imports.
What is the average price of hydroquinone per kg?
The world average declared value was about $5.90 per kg in 2024. Among the main exporters, the Netherlands averaged $8.63 per kg and Japan $5.02 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for hydroquinone?
The HS code for hydroquinone is subheading 2907.22, in chapter 29 (organic chemicals). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 2907 page.
How can I find hydroquinone buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show hydroquinone buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.