Olefins trade by country: top importers, exporters and prices
World trade in olefins was worth $1.96 billion in 2024, about 2.70 million tonnes. That is a fall of 21% since 2017, and down 1% 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 | $1.96B | 2.70M t |
| 2023 | $1.97B | 2.72M t |
| 2022 | $2.51B | 2.83M t |
| 2021 | $2.60B | 3.34M t |
| 2020 | $1.50B | 2.86M t |
| 2019 | $2.23B | 3.37M t |
| 2018 | $3.11B | 4.07M t |
| 2017 | $2.49B | 3.84M t |
Top olefins exporting countries
Exports are led by Canada (18%), the Netherlands (10%) and Malaysia (7%). 62 countries reported exports, and the top three account for 36%.
| Exporter | Value | Share |
|---|---|---|
| Canada | $356.4M | 18% |
| Netherlands | $201.2M | 10% |
| Malaysia | $146.2M | 7.5% |
| Norway | $140.2M | 7.2% |
| Belgium | $138.5M | 7.1% |
| Germany | $115.7M | 5.9% |
| Turkey | $98.2M | 5% |
| United Kingdom | $81.0M | 4.1% |
| South Korea | $75.5M | 3.9% |
| France | $73.6M | 3.8% |
| Russia | $69.5M | 3.6% |
| Thailand | $69.2M | 3.5% |
Top importing countries and buyer markets
Belgium is the biggest buyer with 25% of world imports, ahead of Germany and the United States. Demand is concentrated: the top three take 64% across 115 importing countries.
| Importer | Value | Share |
|---|---|---|
| Belgium | $495.9M | 25% |
| Germany | $398.3M | 20% |
| United States | $356.1M | 18% |
| China | $231.7M | 12% |
| Netherlands | $99.3M | 5.1% |
| Taiwan | $49.7M | 2.5% |
| United Kingdom | $42.5M | 2.2% |
| Myanmar | $42.4M | 2.2% |
| Poland | $37.4M | 1.9% |
| South Korea | $33.2M | 1.7% |
| Hungary | $29.1M | 1.5% |
| Spain | $19.2M | 1% |
Average price per kg
The world average declared value was about $0.72 per kg in 2024. Among the main exporters, the United Kingdom averaged $0.99 per kg and Canada $0.61 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 Olefins (HS 2711.14) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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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 2711.14: Petroleum gases and other gaseous hydrocarbons: liquefied, ethylene, propylene, butylene and butadiene. HS 2711 codes.
Common questions
Which countries export the most olefins?
Canada exported $356.4 million in 2024, 18% of the world total, followed by the Netherlands (10%) and Malaysia (7%). In all, 62 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most olefins?
Belgium imported $495.9 million in 2024, 25% of world imports, ahead of Germany (20%) and the United States (18%). The top three importers together take 64%. Each country with its own page is linked from the table.
How big is the world trade in olefins?
It was worth $1.96 billion in 2024, about 2.70 million tonnes. That is a fall of 21% since 2017. The peak year was 2018 at $3.11 billion. 62 countries reported exports and 115 reported imports.
What is the average price of olefins per kg?
The world average declared value was about $0.72 per kg in 2024. Among the main exporters, the United Kingdom averaged $0.99 per kg and Canada $0.61 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for olefins?
The HS code for olefins is subheading 2711.14, in chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 2711 page.
How can I find olefins buyers and suppliers?
EximDataX shows the importers and exporters of olefins by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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