Adhesives based on rubber or plastic, package >1 kg350691 (Harmonized System 1992 for 6-digit)
2020 World Trade: $7.28B, Rnk 410 / 4613
2020 Top Exporter | Top Importer: $1.55B | $819M, Germany | China
2020 Product Complexity: 1.26, Rnk 441 / 4783
2019 - 2020 Export Growth (CAGR): -2.63%, Rnk 1513 / 4613
2018 Mean Tariff: 7.59%, Rnk 3000 / 6538
2020 Share of World Trade: 0.043%, Rnk 410 / 4613
Overview This page contains the latest trade data of Adhesives based on rubber or plastic, package >1 kg. In 2020, Adhesives based on rubber or plastic, package >1 kg were the world's 410th most traded product, with a total trade of $7.28B. Between 2019 and 2020 the exports of Adhesives based on rubber or plastic, package >1 kg decreased by -2.63%, from $7.48B to $7.28B. Trade in Adhesives based on rubber or plastic, package >1 kg represent 0.043% of total world trade.
Adhesives based on rubber or plastic, package >1 kg are a part of Glues.
Exports In 2020 the top exporters of Adhesives based on rubber or plastic, package >1 kg were Germany ($1.55B), China ($1.06B), United States ($971M), Italy ($411M), and South Korea ($350M).
Imports In 2020 the top importers of Adhesives based on rubber or plastic, package >1 kg were China ($819M), Germany ($437M), Poland ($341M), Vietnam ($293M), and United States ($283M).
Tariffs In 2018 the average tariff for Adhesives based on rubber or plastic, package >1 kg was 7.59%, making it the 3000th lowest tariff using the HS6 product classification.
Ranking Adhesives based on rubber or plastic, package >1 kg ranks 441st in the Product Complexity Index (PCI).
Description Common uses of adhesives based on rubber or plastic typically include gluing objects together, packaging, sealing, and providing cushioning.
The following visualization shows the latest trends on Adhesives based on rubber or plastic, package >1 kg. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Adhesives based on rubber or plastic, package >1 kg are the world's 410th most traded product.
In 2020, the top exporters of Adhesives based on rubber or plastic, package >1 kg were Germany ($1.55B), China ($1.06B), United States ($971M), Italy ($411M), and South Korea ($350M).
In 2020, the top importers of Adhesives based on rubber or plastic, package >1 kg were China ($819M), Germany ($437M), Poland ($341M), Vietnam ($293M), and United States ($283M).
Trade by country
Top Origin Growth (2019 - 2020): South Korea, $50.7M
Top Destination Growth (2019 - 2020): China, $103M
Between 2019 and 2020, the exports of Adhesives based on rubber or plastic, package >1 kg grew the fastest in South Korea ($50.7M), Singapore ($37.5M), Germany ($9.42M), Hong Kong ($8.07M), and Poland ($8M).
Between 2019 and 2020, the fastest growing importers of Adhesives based on rubber or plastic, package >1 kg were China ($103M), Thailand ($36.2M), Chinese Taipei ($14.4M), Russia ($7.1M), and Denmark ($6.35M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Adhesives based on rubber or plastic, package >1 kg.
In 2020, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Adhesives based on rubber or plastic, package >1 kg are explained by 17 countries.
This map shows which countries export or import more of Adhesives based on rubber or plastic, package >1 kg. Each country is colored based on the difference in exports and imports of Adhesives based on rubber or plastic, package >1 kg during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Adhesives based on rubber or plastic, package >1 kg were Germany ($1.11B), United States ($688M), Italy ($259M), China ($240M), and Japan ($238M).
In 2020, the countries that had a largest trade value in imports than in exports of Adhesives based on rubber or plastic, package >1 kg were Poland ($266M), Vietnam ($246M), Hong Kong ($221M), Canada ($190M), and Mexico ($176M).
This visualization shows the countries that have an important ratio of their trade related to Adhesives based on rubber or plastic, package >1 kg. It is possible to select the main countries that export or import Adhesives based on rubber or plastic, package >1 kg in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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