Petroleum resins, coumarone, indene, polyterpenes391110 (Harmonized System 1992 for 6-digit)
2020 World Trade: $1.71B, Rnk 1394 / 4613
2020 Top Exporter | Top Importer: $334M | $184M, China | China
2020 Product Complexity: 1.41, Rnk 286 / 4783
2019 - 2020 Export Growth (CAGR): -6.31%, Rnk 2011 / 4613
2018 Mean Tariff: 4.78%, Rnk 4369 / 6538
2020 Share of World Trade: 0.01%, Rnk 1394 / 4613
Overview This page contains the latest trade data of Petroleum resins, coumarone, indene, polyterpenes. In 2020, Petroleum resins, coumarone, indene, polyterpenes were the world's 1394th most traded product, with a total trade of $1.71B. Between 2019 and 2020 the exports of Petroleum resins, coumarone, indene, polyterpenes decreased by -6.31%, from $1.82B to $1.71B. Trade in Petroleum resins, coumarone, indene, polyterpenes represent 0.01% of total world trade.
Petroleum resins, coumarone, indene, polyterpenes are a part of Petroleum Resins.
Exports In 2020 the top exporters of Petroleum resins, coumarone, indene, polyterpenes were China ($334M), South Korea ($284M), France ($187M), United States ($185M), and Netherlands ($159M).
Imports In 2020 the top importers of Petroleum resins, coumarone, indene, polyterpenes were China ($184M), Germany ($158M), Italy ($125M), France ($102M), and United States ($96.5M).
Tariffs In 2018 the average tariff for Petroleum resins, coumarone, indene, polyterpenes was 4.78%, making it the 4369th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Petroleum resins, coumarone, indene, polyterpenes are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Sao Tome and Principe (20%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).
Ranking Petroleum resins, coumarone, indene, polyterpenes ranks 286th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Petroleum resins, coumarone, indene, polyterpenes. 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
Petroleum resins, coumarone, indene, polyterpenes are the world's 1394th most traded product.
In 2020, the top exporters of Petroleum resins, coumarone, indene, polyterpenes were China ($334M), South Korea ($284M), France ($187M), United States ($185M), and Netherlands ($159M).
In 2020, the top importers of Petroleum resins, coumarone, indene, polyterpenes were China ($184M), Germany ($158M), Italy ($125M), France ($102M), and United States ($96.5M).
Trade by country
Top Origin Growth (2019 - 2020): South Korea, $10.6M
Top Destination Growth (2019 - 2020): China, $20.3M
Between 2019 and 2020, the exports of Petroleum resins, coumarone, indene, polyterpenes grew the fastest in South Korea ($10.6M), Germany ($7.02M), Thailand ($4.87M), Estonia ($2.58M), and Finland ($2.06M).
Between 2019 and 2020, the fastest growing importers of Petroleum resins, coumarone, indene, polyterpenes were China ($20.3M), Belgium ($5.3M), Thailand ($3.72M), India ($3.44M), and Austria ($3.07M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Petroleum resins, coumarone, indene, polyterpenes.
In 2020, market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Petroleum resins, coumarone, indene, polyterpenes are explained by 11 countries.
TOP NET EXPORTER (2020): South Korea, $246M
TOP NET IMPORTER (2020): Italy, $119M
This map shows which countries export or import more of Petroleum resins, coumarone, indene, polyterpenes. Each country is colored based on the difference in exports and imports of Petroleum resins, coumarone, indene, polyterpenes during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Petroleum resins, coumarone, indene, polyterpenes were South Korea ($246M), China ($149M), United States ($88.4M), France ($84.6M), and Singapore ($82.5M).
In 2020, the countries that had a largest trade value in imports than in exports of Petroleum resins, coumarone, indene, polyterpenes were Italy ($119M), Germany ($67.1M), India ($64.9M), Indonesia ($59.9M), and Mexico ($59.3M).
In 2019, the world most traded Petroleum resins, coumarone, indene, polyterpenes, disaggragated by their HS6 level were Petroleum resins, coumarone, indene, polyterpenes ($1.71B)
This visualization shows the countries that have an important ratio of their trade related to Petroleum resins, coumarone, indene, polyterpenes. It is possible to select the main countries that export or import Petroleum resins, coumarone, indene, polyterpenes in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Petroleum resins, coumarone, indene, polyterpenes was 4.78%. The countries with the highest tariffs for importing Petroleum resins, coumarone, indene, polyterpenes were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Sao Tome and Principe (20%).
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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