HS4 subsector intelligence

Heterocyclic compounds
HS4 2932 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 29321995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$12.0BGlobal subsector value
02

Annual change

-3.4%Latest year on year
03

Exporters

130Active reporting countries
04

Importers

186Active reporting countries
05

HS6 products

12Classifications inside HS4

The subsector read

$12.0B in trade, with +0.2% annualized growth over three years.

Heterocyclic compounds is recorded across 3,721 active corridors, with 130 exporters and 186 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $2.9B1996: $3.0B1997: $3.4B1998: $3.3B1999: $4.3B2000: $4.5B2001: $5.2B2002: $6.3B2003: $6.3B2004: $6.5B2005: $5.7B2006: $6.2B2007: $7.9B2008: $6.7B2009: $5.9B2010: $7.1B2011: $7.3B2012: $7.6B2013: $7.1B2014: $6.6B2015: $6.5B2016: $7.2B2017: $6.9B2018: $8.8B2019: $8.9B2020: $9.3B2021: $11.9B2022: $12.6B2023: $12.3B2024: $12.0B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1IrelandIRLUSA, Puerto Rico and US Virgin IslandsUSA$1.4B+1.2%55,129 kmNo
2GermanyDEUGreeceGRC$990.7M+11.4%61,807 kmYes
3ChinaCHNIndiaIND$456.8M+2.1%94,252 kmNo
4IrelandIRLChinaCHN$456.2M+373.5%29,368 kmNo
5ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$445.1M-4.9%811,883 kmNo
6NetherlandsNLDUSA, Puerto Rico and US Virgin IslandsUSA$434.1M-16.7%65,877 kmNo
7ItalyITAGermanyDEU$313.1M+26.6%71,184 kmYes
8GermanyDEUJapanJPN$273.9M+2.4%68,938 kmYes
9SwedenSWERussiaRUS$235.7M+102.8%11,232 kmNo
10Switzerland, LiechtensteinCHEUSA, Puerto Rico and US Virgin IslandsUSA$212.1M+24.9%76,339 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$2.9B16012
2IrelandIRL$2.0B8911
3GermanyDEU$1.9B12312
4Switzerland, LiechtensteinCHE$676.0M9511
5ItalyITA$630.9M10212
6NetherlandsNLD$609.3M10611
7USA, Puerto Rico and US Virgin IslandsUSA$599.7M13512
8IndiaIND$461.9M14112
9FranceFRA$339.4M13312
10JapanJPN$278.0M6712
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$2.9B6112
2GreeceGRC$1.0B2910
3ChinaCHN$802.0M6412
4GermanyDEU$718.0M6712
5JapanJPN$635.8M4112
6IndiaIND$602.0M5912
7FranceFRA$470.8M6812
8BrazilBRA$383.1M5311
9ItalyITA$326.8M4012
10RussiaRUS$320.9M3512

HS6 product coverage

The products inside HS4 2932

Six-digit classifications make the subsector specific. Browse the product workspace ↗

16 classifications shownHeterocyclic compounds
01
Heterocyclic compounds: containing an unfused furan ring (whether or not hydrogenated) in the structure, tetrahydrofuranHS6 293211
02
Heterocyclic compounds: containing an unfused furan ring (whether or not hydrogenated) in the structure, 2-furaldehyde (furfuraldehyde)HS6 293212
03
Heterocyclic compounds: containing an unfused furan ring (whether or not hydrogenated) in the structure, furfuryl alcohol and tetrahydrofurfuryl alcoholHS6 293213
04
Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucraloseHS6 293214
05
Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, n.e.c. in item no. 2932.1HS6 293219
06
Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactonesHS6 293220
07
Heterocyclic compounds: lactones, coumarin, methylcoumarins and ethylcoumarinsHS6 293221
08
Heterocyclic compounds: lactones, other lactones excluding those of item no. 2932.21HS6 293229
09
Heterocyclic compounds: n.e.s. in heading no. 2932HS6 293290
10
Heterocyclic compounds: with oxygen hetero-atom(s) only, (other than lactones or compounds containing an unfused furan ring (whether or not hydrogenated) in the structure), isosafroleHS6 293291
11
Heterocyclic compounds: with oxygen hetero-atom(s) only, (other than lactones or compounds containing an unfused furan ring (whether or not hydrogenated) in the structure), 1-(1,3-benzodiaxol-5-yl) propan-2-oneHS6 293292
12
Heterocyclic compounds: with oxygen hetero-atom(s) only, (other than lactones or compounds containing an unfused furan ring (whether or not hydrogenated) in the structure), piperonalHS6 293293
13
Heterocyclic compounds: with oxygen hetero-atom(s) only, (other than lactones or compounds containing an unfused furan ring (whether or not hydrogenated) in the structure), safroleHS6 293294
14
Heterocyclic compounds: with oxygen hetero-atom(s) only, (other than lactones or compounds containing an unfused furan ring (whether or not hydrogenated) in the structure), tetrahydrocannabinols (all isomers)HS6 293295
15
Heterocyclic compounds: with oxygen hetero-atom(s) only, (other than lactones or compounds containing an unfused furan ring (whether or not hydrogenated) in the structure), carbofuran (ISO)HS6 293296
16
Heterocyclic compounds: with oxygen hetero-atom(s) only, no lactones or unfused furan rings (hydrogenated or not) in the structure, other than isosafrole, 1-(1,3-benzodiaxol-5-yl) propan-2-one, piperonal, safrole, tetrahydrocannabinols (all isomers)HS6 293299

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.