HS4 subsector intelligence

Heterocyclic compounds
HS4 2934 trade overview

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

HS4 29341995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$30.5BGlobal subsector value
02

Annual change

-5.5%Latest year on year
03

Exporters

164Active reporting countries
04

Importers

187Active reporting countries
05

HS6 products

5Classifications inside HS4

The subsector read

$30.5B in trade, with -2.5% annualized growth over three years.

Heterocyclic compounds is recorded across 4,196 active corridors, with 164 exporters and 187 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: $5.0B1996: $6.0B1997: $7.0B1998: $7.6B1999: $9.9B2000: $11.1B2001: $12.3B2002: $13.9B2003: $15.3B2004: $16.8B2005: $17.4B2006: $19.8B2007: $22.2B2008: $25.3B2009: $21.9B2010: $22.3B2011: $23.6B2012: $20.5B2013: $20.4B2014: $20.6B2015: $21.9B2016: $18.7B2017: $17.8B2018: $18.1B2019: $20.0B2020: $27.2B2021: $32.9B2022: $31.9B2023: $27.4B2024: $30.5B
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
1IrelandIRLGermanyDEU$3.3B+86.8%41,321 kmYes
2SingaporeSGPUSA, Puerto Rico and US Virgin IslandsUSA$2.3B+180.7%215,347 kmYes
3IrelandIRLUSA, Puerto Rico and US Virgin IslandsUSA$1.5B-32.7%45,129 kmNo
4IrelandIRLSpainESP$936.6M+213.4%41,449 kmYes
5Switzerland, LiechtensteinCHECanadaCAN$844.3M+100.1%36,497 kmYes
6ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$842.7M-2.8%411,883 kmNo
7ChinaCHNIndiaIND$758.7M+9.5%44,252 kmNo
8JapanJPNGermanyDEU$633.6M-6.9%48,938 kmYes
9United KingdomGBRGermanyDEU$545.3M+173%4935 kmYes
10SpainESPIrelandIRL$523.7M+98.6%11,449 kmYes

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
1IrelandIRL$6.5B965
2ChinaCHN$5.1B1575
3Switzerland, LiechtensteinCHE$3.2B1085
4SingaporeSGP$2.8B865
5IndiaIND$1.7B1545
6GermanyDEU$1.6B1345
7USA, Puerto Rico and US Virgin IslandsUSA$1.6B1485
8United KingdomGBR$1.3B1255
9JapanJPN$1.1B855
10BelgiumBEL$1.1B1215
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$6.7B575
2GermanyDEU$5.8B1015
3SpainESP$1.5B645
4IrelandIRL$1.5B445
5CanadaCAN$1.4B1025
6JapanJPN$1.2B455
7ItalyITA$1.1B445
8IndiaIND$1.0B585
9Switzerland, LiechtensteinCHE$944.2M575
10BrazilBRA$932.3M455

HS6 product coverage

The products inside HS4 2934

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

7 classifications shownHeterocyclic compounds
01
Heterocyclic compounds: containing an unfused thiazole ring (whether or not hydrogenated) in the structureHS6 293410
02
Heterocyclic compounds: containing in the structure, a benzothiazole ring-system (whether or not hydrogenated), not further fusedHS6 293420
03
Heterocyclic compounds: containing in the structure, a phenothiazine ring-system (whether or not hydrogenated), not further fusedHS6 293430
04
Nucleic acids and their salts, other heterocyclic compounds, n.e.s. in heading no. 2934HS6 293490
05
Other heterocyclic compounds, n.e.s. in 2934.1, 2934.2 and 2934.3HS6 293491
06
Heterocyclic compounds: other fentanyls n.e.c. in 2934, and their derivativesHS6 293492
07
Nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934HS6 293499

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.