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

3909 (Harmonized System 1992 for 4-digit)

2023
World Trade $19.8BRnk 206 / 1217
2023
Top Exporter | Top Importer $3.46B | $1.56BChina | China
2023
Product Complexity 1.12Rnk 137 / 1044
2022 - 2023
Export Growth (CAGR) -17.5%Rnk 980 / 1217
2023
Share of World Trade 0.088%Rnk 206 / 1217

About

Overview This page contains the latest trade data of Amino-resins. In 2023, Amino-resins were the world's 206th most traded product, with a total trade of $19.8B. Between 2022 and 2023 the exports of Amino-resins decreased by -17.5%, from $24B to $19.8B. Trade in Amino-resins represent 0.088% 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 2023 the top exporters of Amino-resins  were China ($3.46B), Germany ($3.25B), United States ($1.53B), Belgium ($1.32B), and Netherlands ($1.04B).

Imports In 2023 the top importers of Amino-resins were China ($1.56B), Germany ($1.16B), United States ($1.1B), Italy ($902M), and Netherlands ($808M).

Ranking Amino-resins ranks 137th 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 (2023)China$3.46B
Top Destination (2023)China$1.56B

In 2023 Amino-resins were the world's 206th most traded product (out of 1,217).

In 2023, the top exporters of Amino-resins were China ($3.46B), Germany ($3.25B), United States ($1.53B), Belgium ($1.32B), and Netherlands ($1.04B).

In 2023, the top importers of Amino-resins were China ($1.56B), Germany ($1.16B), United States ($1.1B), Italy ($902M), and Netherlands ($808M).

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Exporters of Amino-resins (2023)
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Importers of Amino-resins (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$32.7M
Top Destination Growth (2022 -  2023)South Korea$16.4M

Between 2022 and 2023, the exports of Amino-resins grew the fastest in Canada ($32.7M), Saudi Arabia ($23.7M), Singapore ($11.5M), Greece ($4.4M), and Gambia ($4.16M).

Between 2022 and 2023, the fastest growing importers of Amino-resins were South Korea ($16.4M), Ukraine ($12.4M), Ethiopia ($12.3M), Saudi Arabia ($8.57M), and Iraq ($6.71M).

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Exporters of Amino-resins (2022 - 2023)

Importers of Amino-resins (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.34. 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 (2023)Germany$2.09B
TOP NET IMPORTER (2023)India$598M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Amino-resins were Germany ($2.09B), China ($1.9B), Belgium ($840M), Japan ($664M), and Saudi Arabia ($582M).

In 2023, the countries that had a largest trade value in imports than in exports of Amino-resins were India ($598M), Canada ($576M), Vietnam ($506M), Turkey ($480M), and Mexico ($475M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Amino-resins, disaggragated by their HS6 level were Other amino-resins ($8.15B), Polyurethanes ($7.45B), Phenolic resins ($2.19B), Urea resins and thiourea resins ($1.19B), and Melamine resins ($789M)

HS6 Disaggregation for Amino-resins (2023)
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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.

See methodology.

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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 (2023)

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 (2023)

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