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Amino-resins, phenolic resins and polyurethanes, in primary forms

3909 (Harmonized System 1992 for 4-digit)

2022
World Trade $24.2BRnk 187 / 1218
2022
Top Exporter | Top Importer $3.83B | $1.8BGermany | China
2022
Product Complexity 1.09Rnk 139 / 1033
2021 - 2022
Export Growth (CAGR) 6.41%Rnk 548 / 1218
2022
Share of World Trade 0.1%Rnk 187 / 1218

About

Overview This page contains the latest trade data of Amino-resins. In 2022, Amino-resins were the world's 187th most traded product, with a total trade of $24.2B. Between 2021 and 2022 the exports of Amino-resins grew by 6.41%, from $22.8B to $24.2B. Trade in Amino-resins represent 0.1% of total world trade.

Amino-resins are a part of Plastics & articles thereof. They include Polyurethanes, Other amino-resins, Phenolic resins, Urea resins and thiourea resins, and Melamine resins.

Exports In 2022 the top exporters of Amino-resins  were Germany ($3.83B), China ($3.81B), Belgium ($2.23B), United States ($1.96B), and Netherlands ($1.64B).

Imports In 2022 the top importers of Amino-resins were China ($1.8B), United States ($1.72B), Germany ($1.69B), Netherlands ($1.12B), and Canada ($1.06B).

Ranking Amino-resins ranks 139th in the Product Complexity Index (PCI).

Description Amino-resins are typically used in the production of adhesives, as they are soluble in water. Phenolic resins are used in the production of paints and varnishes, as they are fire resistant. Polyurethanes are used in the production of flexible materials, like foams and sponges.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Amino-resins. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$3.83B
Top Destination (2022)China$1.8B

In 2022 Amino-resins were the world's 187th most traded product (out of 1,218).

In 2022, the top exporters of Amino-resins were Germany ($3.83B), China ($3.81B), Belgium ($2.23B), United States ($1.96B), and Netherlands ($1.64B).

In 2022, the top importers of Amino-resins were China ($1.8B), United States ($1.72B), Germany ($1.69B), Netherlands ($1.12B), and Canada ($1.06B).

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Exporters of Amino-resins (2022)
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Importers of Amino-resins (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$378M
Top Destination Growth (2021 -  2022)Canada$222M

Between 2021 and 2022, the exports of Amino-resins grew the fastest in United States ($378M), Belgium ($326M), China ($321M), Germany ($148M), and Poland ($140M).

Between 2021 and 2022, the fastest growing importers of Amino-resins were Canada ($222M), United States ($211M), Germany ($202M), Netherlands ($137M), and Vietnam ($117M).

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Exporters of Amino-resins (2021 - 2022)

Importers of Amino-resins (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Amino-resins.

In 2022, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Amino-resins are explained by 20 countries.

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Value of Exports in Amino-resins

Net Trade

TOP NET EXPORTER (2022)Germany$2.14B
TOP NET IMPORTER (2022)Canada$860M

This map shows which countries export or import more of Amino-resins. Each country is colored based on the difference in exports and imports of Amino-resins during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Amino-resins were Germany ($2.14B), China ($2.01B), Belgium ($1.45B), South Korea ($787M), and Japan ($675M).

In 2022, the countries that had a largest trade value in imports than in exports of Amino-resins were Canada ($860M), Vietnam ($761M), India ($679M), Mexico ($637M), and France ($571M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Amino-resins, disaggragated by their HS6 level were Other amino-resins ($10.5B), Polyurethanes ($8.87B), Phenolic resins ($2.35B), Urea resins and thiourea resins ($1.56B), and Melamine resins ($956M)

HS6 Disaggregation for Amino-resins (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Amino-resins.
It is possible to select the main countries that export or import Amino-resins in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Amino-resins by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $39.7M
TOP IMPORT POTENTIALGermany+ $57.5M

Amino-resins’s highest export potential is China. With an export gap of $39.7M.  Amino-resins’s highest import potential is Germany with an import gap of $57.5M.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Amino-resins.

Country by Relatedness

The following visualization shows the relatedness of Amino-resins to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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