CompoundList
Subheading, 6 digitsChemical HS code

HS 2905.11 Methanol (methyl alcohol)

Alcohols: saturated monohydric, methanol (methyl alcohol)

Part of heading 2905 (Acyclic alcohols and their halogenated, sulphonatedโ€ฆ), in chapter 29 (Organic chemicals)

World exports in 2024
$10.6B
+16.6% vs 2023
World imports in 2024
$11.6B
+3.8% vs 2023
Exporting countries
73
with exports in 2024
Importing countries
158
with imports in 2024

World trade trend

Reported world exports and imports of HS 2905.11 per year, 2019 to 2024.

Exports$10.6B in 2024Imports$11.6B in 2024
$0
$5B
$10B
$15B
World exports and imports of HS 2905.11 by year, US dollars
Show the numbers
World exports and imports of HS 2905.11 by year, US dollars
YearExportsImports
2019$9.11B$9.56B
2020$7.65B$7.65B
2021$12.9B$12.7B
2022$12.8B$13.1B
2023$9.1B$11.2B
2024$10.6B$11.6B

2025 is left out because not every country has published detailed data for that year yet.

Monthly trend

Monthly trade in HS 2905.11 between the 28 major reporting economies and the rest of the world, Jan 2022 to Dec 2024. Good for direction and seasonality, not a full world total.

Exports$81M in Dec 2024Imports$495M in Dec 2024
$0
$200M
$400M
$600M
$800M
Monthly exports and imports of HS 2905.11 reported by the 28 major economies, US dollars
Show the numbers
Monthly exports and imports of HS 2905.11 reported by the 28 major economies, US dollars
MonthExportsImports
Jan 2022$70.6M$612M
Feb 2022$73.4M$523M
Mar 2022$99.1M$604M
Apr 2022$96.2M$731M
May 2022$94.5M$642M
Jun 2022$65.3M$582M
Jul 2022$89.1M$602M
Aug 2022$55.8M$554M
Sep 2022$87.4M$535M
Oct 2022$55.3M$492M
Nov 2022$73.3M$467M
Dec 2022$94.6M$520M
Jan 2023$60.4M$508M
Feb 2023$86M$514M
Mar 2023$87.3M$595M
Apr 2023$62M$493M
May 2023$82.7M$533M
Jun 2023$52.8M$495M
Jul 2023$63.4M$454M
Aug 2023$54.3M$486M
Sep 2023$62.4M$440M
Oct 2023$78.9M$472M
Nov 2023$56.4M$536M
Dec 2023$51.3M$530M
Jan 2024$50.4M$630M
Feb 2024$36.7M$467M
Mar 2024$64.7M$469M
Apr 2024$58.2M$541M
May 2024$93M$535M
Jun 2024$50.8M$508M
Jul 2024$99.1M$567M
Aug 2024$69.4M$536M
Sep 2024$76.3M$522M
Oct 2024$66.3M$592M
Nov 2024$78.5M$488M
Dec 2024$81M$495M

Top exporting and importing countries

Who sold and bought the most HS 2905.11 in 2024, by reported value and share of the world total.

Top 10 exporters

  1. 1
    $1.69B
    16.0% of world
  2. 2
    Omanpartner reported
    $1.49B
    14.1% of world
  3. 3
    $1.28B
    12.1% of world
  4. 4
    $1.01B
    9.5% of world
  5. 5
    $911M
    8.6% of world
  6. 6
    $826M
    7.8% of world
  7. 7
    $461M
    4.3% of world
  8. 8
    Iranpartner reported
    $432M
    4.1% of world
  9. 9
    $391M
    3.7% of world
  10. 10
    $312M
    2.9% of world

Top 10 importers

  1. 1
    $3.99B
    34.3% of world
  2. 2
    $1.06B
    9.1% of world
  3. 3
    $706M
    6.1% of world
  4. 4
    $673M
    5.8% of world
  5. 5
    $662M
    5.7% of world
  6. 6
    $498M
    4.3% of world
  7. 7
    $415M
    3.6% of world
  8. 8
    $405M
    3.5% of world
  9. 9
    $390M
    3.4% of world
  10. 10
    $242M
    2.1% of world

India focus

What India traded in HS 2905.11 in 2024, as reported by its trading partners, and where it sold to and bought from.

India exports in 2024
$651K
+120% vs 2023, <0.1% of world
India imports in 2024
$202M
+9.7% vs 2023, 1.7% of world

India does not publish detailed six digit trade figures. These are mirror figures, built from what the 28 major economies reported about their trade with India, so treat them as a lower bound.

India exports to

  1. 1
    $267K
    41.0% of exports
  2. 2
    $79.6K
    12.2% of exports
  3. 3
    $64K
    9.8% of exports
  4. 4
    $48.6K
    7.5% of exports
  5. 5
    $48.2K
    7.4% of exports
  6. 6
    $47.3K
    7.3% of exports
  7. 7
    $28.1K
    4.3% of exports
  8. 8
    $23.3K
    3.6% of exports

India imports from

  1. 1
    $200M
    98.9% of imports
  2. 2
    $1.29M
    0.6% of imports
  3. 3
    $483K
    0.2% of imports
  4. 4
    $291K
    0.1% of imports
  5. 5
    $134K
    <0.1% of imports
  6. 6
    $36K
    <0.1% of imports
  7. 7
    $15.3K
    <0.1% of imports
  8. 8
    $4.19K
    <0.1% of imports

Partner lists cover the 28 major reporting economies only.

Chemicals classified under HS 2905.11

14 chemicals on CompoundList map to this code, the most searched first.

Suppliers of HS 2905.11 chemicals

Companies listing chemicals that fall under this HS code. Verified and paid members are listed first, unclaimed profiles are marked.

Questions about HS 2905.11

Quick answers based on the classification and the trade figures above.

What is HS code 290511?

HS code 290511 (also written 2905.11) is a subheading of the Harmonized System that covers alcohols: saturated monohydric, methanol (methyl alcohol). It sits under heading 2905 (acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives) in chapter 29 (organic chemicals).

How much is traded worldwide under HS code 290511?

In 2024, countries reported exports worth $10.6B and imports worth $11.6B under HS code 290511. Reported exports changed by +16.6% compared with 2023. These are trade statistics in US dollars, not prices.

Which countries export the most under HS code 290511?

The largest exporters in 2024 were Trinidad and Tobago (16.0% of world exports), Oman (14.1% of world exports) and Saudi Arabia (12.1% of world exports).

Which countries import the most under HS code 290511?

The largest importers in 2024 were China (34.3% of world imports), Netherlands (9.1% of world imports) and Brazil (6.1% of world imports).

Does India export or import goods under HS code 290511?

Yes. Based on what the major economies reported about their trade with India, India exported at least $651K and imported at least $202M under HS code 290511 in 2024. Among the major reporting economies, its largest export market was Germany and its largest supplier was Saudi Arabia.

Which chemicals are classified under HS code 290511?

CompoundList lists 14 chemicals under this code, including Methanol, Sodium methoxide and Potassium methoxide. Codes marked indicative are assigned from the chemical's structure class or chapter, so confirm the final classification with your customs broker.

Is the HS code the same in every country?

The first six digits are shared by every country that uses the Harmonized System. Countries add their own digits after that, for example India uses eight digit ITC-HS codes and the United States uses ten digit HTS codes, so check the national tariff for the full code and the duty rate.