Propylene Polymers in United States 2021 Exports | Imports : $4.39B | $1.65B, World Rnk 3 / 151 Rnk 75 / 1216 | World Rnk 11 / 206 Rnk 261 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $754M | $246M, Mexico | South Korea
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Propylene Polymers: 0.1, Rnk 519 / 1029
Exports In 2021, United States exported $4.39B in Propylene Polymers, making it the 3rd largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 75th most exported product in United States. The main destination of Propylene Polymers exports from United States are: Mexico ($1.92B), Canada ($1.29B), Belgium ($195M), Singapore ($167M), and China ($135M).
The fastest growing export markets for Propylene Polymers of United States between 2020 and 2021 were Mexico ($754M), Canada ($513M), and Singapore ($47.1M).
Imports In 2021, United States imported $1.65B in Propylene Polymers, becoming the 11th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 261st most imported product in United States. United States imports Propylene Polymers primarily from: South Korea ($410M), Canada ($169M), Singapore ($119M), Germany ($114M), and Saudi Arabia ($101M).
The fastest growing import markets in Propylene Polymers for United States between 2020 and 2021 were South Korea ($246M), Saudi Arabia ($81.2M), and Chinese Taipei ($80.8M).
Tariffs In 2019, the average tariff for United States in Propylene Polymers was 3.66%. The countries with the highest import tariffs for Propylene Polymers were Burundi (Most Favoured Nation duty rate treatment, 5.2%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 5.2%), Algeria (Most Favoured Nation duty rate treatment, 5.2%), Egypt (Most Favoured Nation duty rate treatment, 5.2%), and Eritrea (Most Favoured Nation duty rate treatment, 5.2%).
March 2023
Overview In March 2023 United States' Propylene Polymers exports accounted up to $392M and imports accounted up to $105M, resulting in a positive trade balance of $288M. Between March 2022 and March 2023 the exports of United States' Propylene Polymers have decreased by $-51.8M (-11.7%) from $444M to $392M, while imports decreased by $-2.76M (-2.57%) from $107M to $105M.
Destinations In March 2023, Propylene Polymers were exported mostly to Mexico ($161M), Canada ($86.8M), Belgium ($34.7M), Singapore ($22.3M), and China ($18.4M), and were imported mostly from Canada ($41.7M), South Korea ($22.8M), Germany ($10.1M), Japan ($6.41M), and France ($4.31M).
Growth In March 2023, the decrease in Propylene Polymers's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-1.87M or -31.8%), South Korea ($-1.66M or -47.5%), and Japan ($-1.63M or -22.6%). In March 2023, the decrease in Propylene Polymers's year-by-year imports was explained primarily by a decrease in imports from Italy ($-946k or -66.4%), France ($-840k or -17.9%), and Spain ($-363k or -16.7%).
EXPORT GROWTH (March 2022 - March 2023): $-51.8M, (-11.7%)
IMPORT GROWTH (March 2022 - March 2023): $-2.76M, (-2.57%)
MAIN EXPORTER (March 2023): Texas, $194M
MAIN DESTINATION (March 2023): Mexico, $161M
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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EXPORTS (2021): $4.39B
IMPORTS (2021): $1.65B
NET TRADE (2021): $2.74B
In 2021, United States exported $4.39B in Propylene Polymers. The main destinations of United States exports on Propylene Polymers were Mexico ($1.92B), Canada ($1.29B), Belgium ($195M), Singapore ($167M), and China ($135M).
In 2021, United States imported $1.65B in Propylene Polymers, mainly from South Korea ($410M), Canada ($169M), Singapore ($119M), Germany ($114M), and Saudi Arabia ($101M).
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Propylene Polymers were:
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