Product intelligence · HS 291616 · 2024 data

Acids: unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (ISO)

Global exports of acids: unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (iso) totalled $486,709 in 2024, a +36.3% change from the previous year. Traded by 23 countries across 75 bilateral corridors, with demand from 49 importing markets. The long-term trend is rapid growth.

Data: OECD BIMTS · Coverage: 20072024 · Updated: 2026-07-17

Global trade

$486.7K

+36.3% YoY

3Y / 5Y CAGR

+43.9%

5Y: -20.0%

Supply structure

Concentrated

HHI 0.399

Volatility

Medium

Score 50/100

1.

Market movement

In 2024, acids: unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (iso) trade exhibited strong growth, with global flows reaching $486,709 and a three-year compound annual growth rate of +43.9% (five-year: -20.0%). The all-time peak of $2,909,961 was recorded in 2008; the current level is 83% below that high-water mark.

Over the 18-year observation window (20072024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+30.8% acceleration).

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.399). The three largest exporters — Germany ($841.3K), United States ($827.4K), and China ($643.9K) — collectively dominate supply flows. The leading exporter has grown at +176.6% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.445). The three largest import markets are Saudi Arabia ($711.9K), Spain ($312.5K), and Brunei ($77.8K). The largest importing market sources from 1 different supplying countries.

The dominant trade corridor is Germany → Saudi Arabia at $711.9K, representing 100.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for acids: unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (iso) is 50 out of 100, classified as medium. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 20072024

Peak: $2,909,961 in 2008. Currently 83% below peak.

YearGlobal trade (USD)YoY growth
2015$317,157+124.3%
2016$245,919-22.5%
2017$503,465+104.7%
2018$305,328-39.4%
2019$1,483,541+385.9%
2020$239,462-83.9%
2021$163,251-31.8%
2022$1,097,389+572.2%
2023$357,161-67.5%
2024$486,709+36.3%

Top exporting countries

Ranked by export value of acids: unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (iso) in 2024.

View all 23 exporters →

Top importing markets

Largest import destinations for acids: unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (iso).

View all 49 markets →

Leading trade corridors

Largest bilateral export flows for acids: unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (iso), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1GermanySaudi Arabia$711.9K
2ItalySpain$291.0K+3008.9%
3MexicoNew Zealand$289.1K+1.8%
4ChinaNetherlands$280.0K
5CyprusGreece$278.4K
6United StatesBrazil$173.6K+196.9%
7New ZealandGermany$168.3K
8ChinaChile$155.5K+157.0%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 20072024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.