Material Insights · Understanding the Material World

Benzene: Movement

Korea, India and the Gulf feed China's import gap

Korea, India and the Gulf feed China's import gap What this tab covers How it moves between countries: share of output traded, physical form and transport, the largest exporters and importers, main routes, India's trade, and handling rules in transit.

Trade in 2024 UN Comtrade, HS 290220

World exports $9.85 bn 45 reporting exporters · about 8.34 m t Largest exporter South Korea 30.5% of world exports Largest importer China 46.8% of world imports India imports $22k
exports $1.46 bn #41 importer · #2 exporter

Where it is exported from and imported to, 2024

Chart: World map of the largest trade flows

Exporter (size = share of world exports) Importer (share of world imports) Shipping chokepoint UN Comtrade 2024, HS 290220: shares of reported world exports and imports by value. Country-to-country route lines are not available for this commodity yet. Hover a circle for values.

HS 290220: largest exporters

CountryShareValue (US$)Tonnes
South Korea30.5%$3.01 bn3.03 m
India14.8%$1.46 bn–
Netherlands11.6%$1.14 bn1.08 m
Brunei Darussalam5.5%$545.2 m556k
Japan5.4%$529.2 m543k
Thailand5.3%$523.1 m508k
Germany4.6%$456.0 m441k
Malaysia3%$291.6 m300k

HS 290220: largest importers

CountryShareValue (US$)Tonnes
China46.8%$4.35 bn4.31 m
United States17.1%$1.59 bn1.71 m
Saudi Arabia6.2%$571.9 m573k
Belgium4.9%$456.8 m–
Netherlands4.4%$407.1 m367k
Germany4.2%$391.0 m373k
Portugal2.7%$253.4 m239k
Italy2.5%$235.5 m201k
UN Comtrade 2024, reported by each country (exports by exporters, imports by importers), all partners. Some countries (for example Russia and Iran) do not report, so their shares are missing. HS codes can be broader than the tile: check the code before reading a share as the whole market.

How it moves

MeasureFigure
Share tradedabout 15-20% of output crosses borders (indicative); China's imports alone were about 5.6 Mt in 2025, about 10% of world demand (derived from OPIS shares)
How it movesLiquid in chemical tankers (5,000-40,000 t parcels), barges and ISO tanks. Freezes at 5.5 C, so may need heating in cold weather. Usually made next to derivative units in integrated complexes.
Routes and chokepointsKorea, Japan and India to China; Korea to the US Gulf when the arbitrage is open; Gulf producers to China and South Asia via Hormuz, disrupted from March 2026.
IndiaIndia exported 217,694 t of benzene to China in 2025 (OPIS). Official HS 290220 totals from DGCIS were not reached.
Handling in transitUN1114, Class 3 flammable liquid, packing group II; carcinogen, so closed loading and vapour recovery are required.