2023
Exports
$1.52BWorld Rnk 10 / 158
Flag Rnk 335 / 1215
2023
PRODUCT COMPLEXITY IN Propylene Polymers
0.19Rnk 496 / 1025
2023
Imports
$4.99BWorld Rnk 1 / 205
Flag Rnk 65 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $1.52B in Propylene Polymers, making it the 10th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 335th most exported product in China. The main destination of Propylene Polymers exports from China are: Vietnam ($274M), Russia ($114M), Indonesia ($94.3M), Bangladesh ($93.5M), and India ($74.9M).

The fastest growing export markets for Propylene Polymers of China between 2022 and 2023 were Vietnam ($77.4M), Russia ($32.2M), and Indonesia ($19.3M).

Imports In 2023, China imported $4.99B in Propylene Polymers, becoming the 1st largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 65th most imported product in China. China imports Propylene Polymers primarily from: South Korea ($1.1B), Singapore ($748M), United Arab Emirates ($541M), Chinese Taipei ($514M), and Japan ($412M).

The fastest growing import markets in Propylene Polymers for China between 2022 and 2023 were Kazakhstan ($80.2M), United States ($51.2M), and Russia ($16.4M).

COMPANIES In 2024, leading companies such as Electrolux (9), Continental Materials (5), and Costco Wholesale (5) were at the forefront of shipping Propylene Polymers from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$110M(85.7%)
IMPORT GROWTH (December 2023 - December 2024)$-11.4M(-2.42%)
MAIN EXPORTER (December 2024)Zhejiang Province$92M
MAIN DESTINATION (December 2024)Vietnam$44.7M

This section shows Propylene Polymers's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Propylene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.52B
IMPORTS (2023)$4.99B
NET TRADE (2023)-$3.47B

In 2023, China exported $1.52B in Propylene Polymers. The main destinations of China exports on Propylene Polymers were Vietnam ($274M), Russia ($114M), Indonesia ($94.3M), Bangladesh ($93.5M), and India ($74.9M).

In 2023, China imported $4.99B in Propylene Polymers, mainly from South Korea ($1.1B), Singapore ($748M), United Arab Emirates ($541M), Chinese Taipei ($514M), and Japan ($412M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$77.4M (39.3%)
Russia$32.2M (39.1%)
Indonesia$19.3M (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY China WERE (2022 - 2023):
India-$89.4M (-54.4%)
Turkey-$89.4M (-89%)
Peru-$58.5M (-60.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Propylene Polymers were:
In 2023, China's main importing competitors in Propylene Polymers were:

Explore Visualizations

Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $139M
TOP IMPORT POTENTIALSaudi Arabia+ $195M

Propylene Polymers’s highest export potential is India. With an export gap of $139M.   Propylene Polymers’s highest import potential is Saudi Arabia with an import gap of $195M.

See methodology.

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