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Pricing

2022
Exports $4.36BWorld Rnk 3 / 156
Flag Rnk 83 / 1217
2022
Destination $33.8M Mexico
2021 - 2022
FASTEST GROWING MARKET $33.8MFrance
2022
PRODUCT COMPLEXITY IN Propylene Polymers0.22Rnk 482 / 1025
2022
Imports $1.35BWorld Rnk 12 / 207
Flag Rnk 334 / 1216
2022
Origin $63.9M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $63.9MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.36B in Propylene Polymers, making it the 3rd largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 83rd most exported product in United States. The main destination of Propylene Polymers exports from United States are: Mexico ($1.86B), Canada ($1.26B), Belgium ($170M), Singapore ($154M), and China ($141M).

The fastest growing export markets for Propylene Polymers of United States between 2021 and 2022 were France ($33.8M), Guatemala ($13.3M), and Brazil ($12.9M).

Imports In 2018, United States imported $1.35B in Propylene Polymers, becoming the 12th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 334th most imported product in United States. United States imports Propylene Polymers primarily from: South Korea ($279M), Canada ($234M), Singapore ($156M), Germany ($118M), and Japan ($97.2M).

The fastest growing import markets in Propylene Polymers for United States between 2021 and 2022 were Canada ($63.9M), Singapore ($35.2M), and Netherlands ($30.8M).

COMPANIES In 2023, leading companies such as Polyplex (275), Lollicup (59), and Dow Chemical (43) were at the forefront of shipping Propylene Polymers to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Propylene Polymers exports accounted up to $327M and imports accounted up to $125M, resulting in a positive trade balance of $202M. Between October 2023 and October 2024 the exports of United States'   Propylene Polymers have decreased by $-32.7M (-9.1%) from $360M to $327M, while imports increased by $35.6M (39.8%) from $89.3M to $125M.

Destinations In October 2024, Propylene Polymers were exported mostly to Mexico ($160M), Canada ($71.6M), Belgium ($11.4M), China ($9.89M), and France ($9.75M), and were imported mostly from Canada ($37.8M), South Korea ($26.2M), Singapore ($15.5M), Germany ($10.1M), and Japan ($9.4M).

Growth In October 2024, the decrease in Propylene Polymers's year-by-year exports was explained primarily by a decrease in exports to Canada ($-35.5M or -30.2%), Mexico ($-28.1M or -17.2%), and Netherlands ($-3.22M or -80.6%). In October 2024, the increase in Propylene Polymers's year-by-year imports was explained primarily by an increase in imports from Singapore ($9.9M or 92.4%), France ($1.63M or 42.5%), and Canada ($1.19M or 9.95%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-32.7M(-9.1%)
IMPORT GROWTH (October 2023 - October 2024)$35.6M(39.8%)
MAIN EXPORTER (October 2024)Texas$184M
MAIN DESTINATION (October 2024)Mexico$160M

This section shows Propylene Polymers's exports and imports data at subnational level for United States. 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 (2022)$4.36B
IMPORTS (2022)$1.35B
NET TRADE (2022)$3.01B

In 2022, United States exported $4.36B in Propylene Polymers. The main destinations of United States exports on Propylene Polymers were Mexico ($1.86B), Canada ($1.26B), Belgium ($170M), Singapore ($154M), and China ($141M).

In 2022, United States imported $1.35B in Propylene Polymers, mainly from South Korea ($279M), Canada ($234M), Singapore ($156M), Germany ($118M), and Japan ($97.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR United States WERE (2021 - 2022):
France$33.8M (58.5%)
Guatemala$13.3M (53.7%)
Brazil$12.9M (37.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY United States WERE (2021 - 2022):
Mexico-$86.6M (-4.46%)
Canada-$51.2M (-3.9%)
Belgium-$26.4M (-13.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Propylene Polymers were:
Saudi Arabia $6.4B
South Korea $5.24B
In 2022, United States's main importing competitors in Propylene Polymers were:
China $5.98B
Turkey $3.31B
Germany $3.08B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $112M
TOP IMPORT POTENTIALCanada+ $56.2M

Propylene Polymers’s highest export potential is China. With an export gap of $112M.   Propylene Polymers’s highest import potential is Canada with an import gap of $56.2M.

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