Ethylene Polymers3901 (Harmonized System 1992 for 4-digit)
2020 World Trade: $70.8B, Rnk 37 / 1217
2020 Top Exporter | Top Importer: $11B | $18.8B, China | United States
2020 Product Complexity: 0.013, Rnk 548 / 1028
2019 - 2020 Export Growth (CAGR): -9.8%, Rnk 720 / 1217
2018 Mean Tariff: 4.47%, Rnk 925 / 1259
2020 Share of World Trade: 0.42%, Rnk 37 / 1217
Overview This page contains the latest trade data of Ethylene Polymers. In 2020, Ethylene Polymers were the world's 37th most traded product, with a total trade of $70.8B. Between 2019 and 2020 the exports of Ethylene Polymers decreased by -9.8%, from $78.5B to $70.8B. Trade in Ethylene Polymers represent 0.42% of total world trade.
Ethylene Polymers are a part of Plastics and articles thereof. They include Polyethylene - specific gravity <0.94 in primary form, Polyethylene - specific gravity >0.94 in primary form, Polymers of ethylene nes, in primary forms, and Ethylene-vinyl acetate copolymers in primary forms.
Exports In 2020 the top exporters of Ethylene Polymers were United States ($11B), Saudi Arabia ($9.17B), Singapore ($4.08B), South Korea ($4.07B), and Canada ($3.6B).
Imports In 2020 the top importers of Ethylene Polymers were China ($18.8B), United States ($3.55B), Germany ($2.91B), Vietnam ($2.47B), and Belgium ($2.17B).
Tariffs In 2018 the average tariff for Ethylene Polymers was 4.47%, making it the 925th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Ethylene Polymers are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), and Cayman Islands (22%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking Ethylene Polymers ranks 548th in the Product Complexity Index (PCI).
Description Polymers of ethylene are used in the production of plastic bags, toys, and plastic containers.
The following visualization shows the latest trends on Ethylene Polymers. 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
Top Origin (2020): United States, $11B
Top Destination (2020): China, $18.8B
Ethylene Polymers are the world's 37th most traded product.
In 2020, the top exporters of Ethylene Polymers were United States ($11B), Saudi Arabia ($9.17B), Singapore ($4.08B), South Korea ($4.07B), and Canada ($3.6B).
In 2020, the top importers of Ethylene Polymers were China ($18.8B), United States ($3.55B), Germany ($2.91B), Vietnam ($2.47B), and Belgium ($2.17B).
Trade by country
Between 2019 and 2020, the exports of Ethylene Polymers grew the fastest in Russia ($456M), Indonesia ($309M), United Arab Emirates ($173M), Argentina ($23.1M), and Turkmenistan ($19.7M).
Between 2019 and 2020, the fastest growing importers of Ethylene Polymers were Turkey ($205M), Palestine ($42M), Jordan ($41.3M), Nigeria ($30.6M), and Guatemala ($27.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Ethylene Polymers.
In 2020, market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Ethylene Polymers are explained by 25 countries.
TOP NET EXPORTER (2020): Saudi Arabia, $8.83B
TOP NET IMPORTER (2020): China, $17.7B
This map shows which countries export or import more of Ethylene Polymers. Each country is colored based on the difference in exports and imports of Ethylene Polymers during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Ethylene Polymers were Saudi Arabia ($8.83B), United States ($7.46B), South Korea ($3.44B), Canada ($2.42B), and United Arab Emirates ($2.38B).
In 2020, the countries that had a largest trade value in imports than in exports of Ethylene Polymers were China ($17.7B), Vietnam ($2.28B), Turkey ($1.93B), Italy ($1.31B), and Mexico ($1.17B).
In 2019, the world most traded Ethylene Polymers, disaggragated by their HS6 level were Polyethylene - specific gravity >0.94 in... ($25.4B), Polyethylene - specific gravity <0.94 in... ($22.5B), Polymers of ethylene nes, in primary... ($18.7B), and Ethylene-vinyl acetate copolymers in primary forms ($4.17B)
This visualization shows the countries that have an important ratio of their trade related to Ethylene Polymers. It is possible to select the main countries that export or import Ethylene Polymers in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Ethylene Polymers was 4.47%. The countries with the highest tariffs for importing Ethylene Polymers were Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), and Cayman Islands (22%).
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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