1945

Chemicals and related products, n.e.s. (SITC Section 5)

In 2019, the value (in current US$) of exports of "hydrocarbons, nes, and their derivatives" (SITC group 511) decreased by 14.2 percent (compared to 4.0 percent average growth rate from 2015-2019) to reach 79.0 bln US$ (see table 2), while imports decreased by 14.3 percent to reach 83.6 bln US$ (see table 3). Exports of this commodity accounted for 3.7 percent of world exports of SITC section 5, and 0.4 percent of total world merchandise exports (see table 1). Rep. of Korea, USA and Japan were the top exporters in 2019 (see table 2). They accounted for 15.4, 13.5 and 9.5 percent of world exports, respectively. China, Belgium and USA were the top destinations, with respectively 31.9, 7.8 and 5.7 percent of world imports (see table 3).

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