# HS 290511 Saturated Monohydric global trade data overview...

Reported global trade in saturated monohydric, methanol (methyl alcohol) reached $11.0B in 2024, with five-year annual growth of +2.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $10.6B | +10.1% | +15.2% |
| 2014 | $11.1B | +5.6% | +7.3% |
| 2015 | $8.1B | -27.3% | -5.5% |
| 2016 | $6.6B | -19.1% | -14.7% |
| 2017 | $9.4B | +43.4% | -5.5% |
| 2018 | $11.7B | +24.7% | +13.1% |
| 2019 | $9.6B | -17.7% | +13.8% |
| 2020 | $8.0B | -16.6% | -5% |
| 2021 | $13.5B | +67.8% | +4.9% |
| 2022 | $13.0B | -4.1% | +10.3% |
| 2023 | $10.5B | -18.6% | +9.4% |
| 2024 | $11.0B | +3.8% | -6.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $2.7B | +2.7% | 36 |
| Netherlands | $836.4M | +3.8% | 47 |
| India | $787.3M | +8.2% | 30 |
| Germany | $664.0M | +6.4% | 45 |
| Brazil | $614.4M | +13.6% | 21 |
| Republic of Korea | $575.2M | -2.1% | 30 |
| Belgium | $418.5M | +13.7% | 27 |
| Japan | $403.9M | -0.2% | 20 |
| USA | $360.7M | -9% | 33 |
| Indonesia | $339.5M | +6.8% | 21 |
| Taiwan | $275.2M | -1.1% | 25 |
| Singapore | $241.2M | -6.4% | 26 |

_Source: reported merchandise trade data. Updated 2026-08-14._