# Heterocyclic compounds (HS4 2934) Trade Overview | Yugalinks

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Heterocyclic compounds at HS4 2934, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/2934

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## Answer

The heterocyclic compounds subsector recorded $30.5B in reported global trade in 2024, with -5.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $30.5B |
| Latest annual change | -5.5% |
| Active exporters | 164 |
| Active importers | 187 |
| Active HS6 products | 5 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $5.0B | 1,968 | 5 |
| 1996 | $6.0B | 1,978 | 5 |
| 1997 | $7.0B | 2,030 | 5 |
| 1998 | $7.6B | 2,000 | 5 |
| 1999 | $9.9B | 2,155 | 5 |
| 2000 | $11.1B | 2,461 | 5 |
| 2001 | $12.3B | 2,482 | 5 |
| 2002 | $13.9B | 2,581 | 5 |
| 2003 | $15.3B | 2,497 | 5 |
| 2004 | $16.8B | 2,607 | 5 |
| 2005 | $17.4B | 2,665 | 5 |
| 2006 | $19.8B | 2,767 | 5 |
| 2007 | $22.2B | 2,815 | 5 |
| 2008 | $25.3B | 2,966 | 5 |
| 2009 | $21.9B | 3,080 | 5 |
| 2010 | $22.3B | 3,221 | 5 |
| 2011 | $23.6B | 3,267 | 5 |
| 2012 | $20.5B | 3,452 | 5 |
| 2013 | $20.4B | 3,493 | 5 |
| 2014 | $20.6B | 3,442 | 5 |
| 2015 | $21.9B | 3,644 | 5 |
| 2016 | $18.7B | 3,592 | 5 |
| 2017 | $17.8B | 3,676 | 5 |
| 2018 | $18.1B | 3,760 | 5 |
| 2019 | $20.0B | 3,836 | 5 |
| 2020 | $27.2B | 3,844 | 5 |
| 2021 | $32.9B | 3,954 | 5 |
| 2022 | $31.9B | 4,048 | 5 |
| 2023 | $27.4B | 4,159 | 5 |
| 2024 | $30.5B | 4,196 | 5 |

## Leading corridors

- Ireland to Germany: $3.3B; growth +86.8%.
- Singapore to USA, Puerto Rico and US Virgin Islands: $2.3B; growth +180.7%.
- Ireland to USA, Puerto Rico and US Virgin Islands: $1.5B; growth -32.7%.
- Ireland to Spain: $936.6M; growth +213.4%.
- Switzerland, Liechtenstein to Canada: $844.3M; growth +100.1%.
- China to USA, Puerto Rico and US Virgin Islands: $842.7M; growth -2.8%.
- China to India: $758.7M; growth +9.5%.
- Japan to Germany: $633.6M; growth -6.9%.
- United Kingdom to Germany: $545.3M; growth +173%.
- Spain to Ireland: $523.7M; growth +98.6%.

## HS6 products

- Heterocyclic compounds: containing an unfused thiazole ring (whether or not hydrogenated) in the structure (HS6 293410)
- Heterocyclic compounds: containing in the structure, a benzothiazole ring-system (whether or not hydrogenated), not further fused (HS6 293420)
- Heterocyclic compounds: containing in the structure, a phenothiazine ring-system (whether or not hydrogenated), not further fused (HS6 293430)
- Nucleic acids and their salts, other heterocyclic compounds, n.e.s. in heading no. 2934 (HS6 293490)
- Other heterocyclic compounds, n.e.s. in 2934.1, 2934.2 and 2934.3 (HS6 293491)
- Heterocyclic compounds: other fentanyls n.e.c. in 2934, and their derivatives (HS6 293492)
- Nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 (HS6 293499)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.