In 2023, South Korea, India, and Germany stood as the leading exporters of benzene globally. South Korea showed a moderate growth of 2.99%, and India followed with a 2.46% increase. The Netherlands and Thailand experienced a decline, with contractions of 1.11% and 0.55%, respectively. Notably, Japan saw a significant drop of 6.7%. Emerging markets like Oman exhibited a noteworthy growth of 3.15%, while the United Arab Emirates showed a remarkable increase of 12.19%. Russia posted the highest growth rate of 14.03% among key nations.
Future trends to watch include the potential for increased exports from emerging markets such as Russia and the UAE, due to their substantial recent growth rates. Conversely, declines in traditional exporters like Japan might offer opportunities for other nations to capture market share. Sustainable practices and regulatory changes might also shape export dynamics moving forward.
Top countries in Export of Benzene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 2,437,100,000 | 2023 | +2.92% | +2.99% | View data |
| 2 | 2 India | 1,481,600,000 | 2023 | +4.59% | +2.46% | View data |
| 3 | 3 Germany | 699,160,000 | 2023 | +1.14% | +1.67% | View data |
| 4 | 4 Netherlands | 535,580,000 | 2023 | -1.48% | -1.11% | View data |
| 5 | 5 Thailand | 523,680,000 | 2023 | +0.76% | -0.55% | View data |
| 6 | 6 Japan | 449,460,000 | 2023 | +0.018% | -6.7% | View data |
| 7 | 7 Saudi Arabia | 317,990,000 | 2023 | +6.35% | +0.48% | View data |
| 8 | 8 United Kingdom | 306,110,000 | 2023 | -0.78% | -0.32% | View data |
| 9 | 9 Malaysia | 218,810,000 | 2023 | +1.92% | +0.22% | View data |
| 10 | 10 Oman | 202,680,000 | 2023 | +3.35% | +3.15% | View data |
