HS Icon Styrene Polymers in  Flag China

2021
Exports | Imports
: $842M | $5.96B, World Rnk 10 / 153
Flag Rnk 439 / 1215 | World Rnk 1 / 208
Flag Rnk 60 / 1214

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $57.3M | $524M, Vietnam |  Chinese Taipei

2021
ECONOMIC COMPLEXITY of China
: 1.07, Rnk 25 / 131

2021
PRODUCT COMPLEXITY IN Styrene Polymers
: 0.7, Rnk 276 / 1029

Exports In 2021, China exported $842M in Styrene Polymers, making it the 10th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 439th most exported product in China. The main destination of Styrene Polymers exports from China are: Vietnam ($139M), South Korea ($71.5M), Thailand ($60.3M), Malaysia ($47.8M), and United Arab Emirates ($35.9M).

The fastest growing export markets for Styrene Polymers of China between 2020 and 2021 were Vietnam ($57.3M), Thailand ($26M), and United Arab Emirates ($23.1M).

Imports In 2021, China imported $5.96B in Styrene Polymers, becoming the 1st largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 60th most imported product in China. China imports Styrene Polymers primarily from: Chinese Taipei ($1.98B), South Korea ($1.4B), Malaysia ($569M), Hong Kong ($535M), and Japan ($366M).

The fastest growing import markets in Styrene Polymers for China between 2020 and 2021 were Chinese Taipei ($524M), South Korea ($227M), and Malaysia ($153M).

Tariffs In 2018, the average tariff for China in Styrene Polymers was 5.84%. The countries with the highest import tariffs for Styrene Polymers were Bangladesh (Most Favoured Nation duty rate treatment, 12%), India (Most Favoured Nation duty rate treatment, 12%), Sri Lanka (Most Favoured Nation duty rate treatment, 12%), Hong Kong (Most Favoured Nation duty rate treatment, 9.25%), and Macau (Most Favoured Nation duty rate treatment, 7.6%).

April 2023

Subnational Monthly Trade

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EXPORT GROWTH (April 2022 - April 2023): $5.45M, (5.96%)

IMPORT GROWTH (April 2022 - April 2023): $-248M, (-48.6%)

MAIN EXPORTER (April 2023): Zhejiang Province, $30.5M

MAIN DESTINATION (April 2023): Vietnam, $15.2M

This section shows Styrene 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 Styrene Polymers over time.

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Historical Data

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EXPORTS (2021): $842M

IMPORTS (2021): $5.96B

NET TRADE (2021): -$5.12B

In 2021, China exported $842M in Styrene Polymers. The main destinations of China exports on Styrene Polymers were Vietnam ($139M), South Korea ($71.5M), Thailand ($60.3M), Malaysia ($47.8M), and United Arab Emirates ($35.9M).

In 2021, China imported $5.96B in Styrene Polymers, mainly from Chinese Taipei ($1.98B), South Korea ($1.4B), Malaysia ($569M), Hong Kong ($535M), and Japan ($366M).

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THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR China WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY China WERE (2020 - 2021):

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Market Concentration

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In 2021, China's main exporting competitors in Styrene Polymers were:

In 2021, China's main importing competitors in Styrene Polymers were:

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