The Top 10 Largest Chemical Exporters Worldwide in 2023

tendata blogTrade Data

ten data blog28-11-2023

Chemicals play an important role in our daily lives and are involved in almost every commodity sector in the world.

In 2022, global chemical export sales totaled $769.3 billion. Total organic and inorganic chemical exports grew 18.6% year-on-year, up from $648.4 billion in 2021.

The top 5 global exporters of organic and inorganic chemicals are mainland China, the U.S., Germany, Ireland, and South Korea, which together accounted for 45.2% of international chemical export sales in 2022.

Chemical Exporting Countries

The following are the top 10 countries exporting chemicals by value in 2022, including both organic and inorganic chemicals:

1. China: $141.3 billion (18.4% of total chemical exports)

2. United States: $67.9 billion (8.8%)

3. Germany: $49.5 billion (6.4%)

4. Ireland: $48.5 billion (6.3%)

5. Korea: $40.4 billion (5.2%)

6. Belgium: $38 billion (4.9%)

7. Switzerland: $31.8 billion (4.1%)

8. Netherlands: $31.1 billion (4%)

9. Japan: $27.7 billion (3.6%)

10. India: $25.1 billion (3.3%)

In terms of value, the 15 countries listed above account for about three-quarters (75.9%) of global chemical exports in 2022.

Among the above countries, the fastest-growing chemical exporters since 2018 are mainland China (up 76.7%), Switzerland (up 49.3%), Ireland (up 43.7%) and Germany (up 37.2%).

Three major suppliers experienced declines in chemical export sales over this 5-year period, namely Singapore (down -16.4% from 2018), Belgium (down -8.9%) and Taiwan (down -2%).

As of November 2023, a total of 11,946 companies have conducted Chemical Export globally. in terms of value, the top 10 Chemical Exporters globally are:

1.LUBRIZOL INDIA PRIVATE LIMITED (7.87%, $15456.53 Million)

2.Công ty TNHH SảN XUấT TâN THàNH (7.55%, $14827.64 Million)

3.Công ty TNHH Hoá Chất & Môi Trường Aureole Mitani (5.9%, $11587.09 Million)

4.Công Ty TNHH Hóa Chất Tân Phú Cường (4.08%, $8017.43 Million)

5.CMPC CELULOSA S.A. (3.12%, $6119.79 Million)

6.ТОВ КЕРНЕЛ ТРЕЙД (2.87%, $5629.07 Million)

7.CôNG TY TNHH THươNG MạI VạN THắNG ĐạT (2.05%, $4035.57 Million)

8.ŞİŞECAM DIŞ TİCARET ANONİM ŞİRKETİ (1.88%, $3696.83 Million)

9.TH SHCHEKINOAZOT, LTD (1.82%, $3566.96 Million)

10.Công ty TNHH Hoá Chất Công Nghệ SAMSUNG Việt Nam (1.76%, $3457.37 Million)

The 2-digit Harmonized Tariff System (HTS) code prefix for inorganic chemicals is 28, and the 2-digit Harmonized Tariff System (HTS) code prefix for organic chemicals is 29.

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As of November 2023, there are 5,659 product subcategories (in terms of HS codes) involved in Chemical Export globally. Of these, the ones that account for the top 10 global exports are:

1.1512119100 (15.66%, $39610.84 Million): SUNFLOWER OIL, RAW, IN PRIMARY PACKAGINGS WITH NET VOLUME OF 10 L OR LESS

2.38112100(7.72%, $61.01 Million):Prepared additives for oil lubricants containing petroleum oil or bituminous mineral oil

3.29141200 (5.58%, $20.05 Million) : Butanone "methyl ethyl ketone"

4.28151200 (3.27%, $287.86 Million): Sodium hydroxide "caustic soda" in aqueous solution "soda lye or liquid soda"

5.28332990 (3.12%, $98.29 Million): Sulphates (excluding of sodium, magnesium, aluminium, nickel, copper, barium and mercury): Other sulphates, nes

6.3824999990 (2.96%, $244.98 Million): Chemical products and preparations of the chemical or allied industries, incl. those consisting of mixtures of natural products, n.e.s: other : other : other : other : other

7.28416900 (2.66%, $0.15 Million) : Manganites, manganates and permanganates (excluding potassium permanganate)

8.7201109000 (2.43%, $0 Million) : Non-alloy pig iron in pigs, blocks or other primary forms, containing by weight <= 0.5% phosphorus, and <= 0.1% manganese manganese

9.1512199010 (2.33%, $4347.74 Million): Sunflower-seeded or safflower oil and their fractions, whether or not refined, but not chemically modified ( excluding crude): Othersunflwr andsafflwr oil excld edible/ non-edible grade

10.47032910 (2.23%, $8398.61 Million): chemical wood pulp, soda or sulphate, non-coniferous, semi-bleached, nes

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