Phenol trade by country: top importers, exporters and prices
World trade in phenol was worth $5.70 billion in 2024, about 3.27 million tonnes. That is a fall of 6% since 2017, and up 3% 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 | $5.70B | 3.27M t |
| 2023 | $5.51B | 3.02M t |
| 2022 | $7.93B | 3.67M t |
| 2021 | $8.64B | 4.11M t |
| 2020 | $5.82B | 4.22M t |
| 2019 | $6.38B | 4.05M t |
| 2018 | $7.38B | 4.27M t |
| 2017 | $6.07B | 4.13M t |
Top phenol exporting countries
Germany is the largest exporter with 10% of world exports, followed by Taiwan and China. The top three supply 29% between them, out of 100 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Germany | $591.2M | 10% |
| Taiwan | $583.3M | 10% |
| China | $497.3M | 8.7% |
| South Korea | $495.4M | 8.7% |
| United States | $481.6M | 8.5% |
| Japan | $365.4M | 6.4% |
| Thailand | $321.7M | 5.7% |
| Belgium | $299.2M | 5.3% |
| Spain | $280.9M | 4.9% |
| India | $275.1M | 4.8% |
| Singapore | $203.1M | 3.6% |
| France | $199.8M | 3.5% |
Top importing countries and buyer markets
The largest importers are India (11%), China (10%) and Germany (9%). 179 countries imported it, and the top three take 30% of the value.
| Importer | Value | Share |
|---|---|---|
| India | $628.6M | 11% |
| China | $545.1M | 9.6% |
| Germany | $519.8M | 9.1% |
| Belgium | $430.4M | 7.6% |
| Netherlands | $407.0M | 7.1% |
| South Korea | $352.6M | 6.2% |
| Japan | $240.0M | 4.2% |
| Thailand | $211.2M | 3.7% |
| United States | $199.3M | 3.5% |
| Poland | $173.6M | 3.1% |
| Switzerland | $155.1M | 2.7% |
| United Kingdom | $152.7M | 2.7% |
Average price per kg
The world average declared value was about $1.74 per kg in 2024. Among the main exporters, Japan averaged $2.89 per kg and Thailand $1.07 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?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
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: Phenols; monophenols, polyphenols, and phenol-alcohols. HS 2907 codes.
Common questions
Which countries export the most phenol?
Germany exported $591.2 million in 2024, 10% of the world total, followed by Taiwan (10%) and China (9%). In all, 100 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most phenol?
India imported $628.6 million in 2024, 11% of world imports, ahead of China (10%) and Germany (9%). The top three importers together take 30%. Each country with its own page is linked from the table.
How big is the world trade in phenol?
It was worth $5.70 billion in 2024, about 3.27 million tonnes. That is a fall of 6% since 2017. The peak year was 2021 at $8.64 billion. 100 countries reported exports and 179 reported imports.
What is the average price of phenol per kg?
The world average declared value was about $1.74 per kg in 2024. Among the main exporters, Japan averaged $2.89 per kg and Thailand $1.07 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for phenol?
The HS code for phenol is heading 2907, in chapter 29 (organic chemicals). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 2907 page.
How can I find phenol buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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