# HS 290711 Phenol (Hydroxybenzene) And Its Salt global trade...

Reported global trade in phenol (hydroxybenzene) and its salts reached $2.0B in 2024, with five-year annual growth of -0.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $3.3B | -1.4% | -0.1% |
| 2014 | $3.1B | -6.6% | -8.6% |
| 2015 | $1.8B | -42.3% | -19% |
| 2016 | $1.8B | +0.4% | -18.5% |
| 2017 | $2.2B | +21.3% | -11.1% |
| 2018 | $2.8B | +28.7% | +16.1% |
| 2019 | $2.1B | -26.2% | +4.8% |
| 2020 | $1.7B | -18.5% | -8.2% |
| 2021 | $2.8B | +65.6% | -0.1% |
| 2022 | $2.9B | +2.4% | +11.4% |
| 2023 | $1.8B | -37.6% | +1.9% |
| 2024 | $2.0B | +11.5% | -10.7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Netherlands | $266.6M | +2.5% | 31 |
| China | $236.2M | -12.9% | 22 |
| India | $222.5M | +8.7% | 21 |
| Belgium | $190.6M | +15.4% | 19 |
| Germany | $178.0M | -5.4% | 27 |
| Poland | $112.4M | +5.4% | 16 |
| Republic of Korea | $102.1M | +12.6% | 20 |
| Taiwan | $85.8M | -9.6% | 14 |
| Canada | $78.4M | +5.9% | 9 |
| Thailand | $57.2M | +14.3% | 13 |
| United Kingdom | $45.3M | +0.9% | 24 |
| Turkey | $41.9M | +11.5% | 16 |

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