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391110 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.88BRnk 1484 / 4644
2023
Top Exporter | Top Importer $580M | $139MChina | Germany
2023
Product Complexity 1.68Rnk 94 / 4656
2022 - 2023
Export Growth (CAGR) -11.6%Rnk 2891 / 4644
2023
Share of World Trade 0.0083%Rnk 1484 / 4644

About

Overview This page contains the latest trade data of Petroleum resins, coumarone, indene, polyterpenes. In 2023, Petroleum resins, coumarone, indene, polyterpenes were the world's 1484th most traded product, with a total trade of $1.88B. Between 2022 and 2023 the exports of Petroleum resins, coumarone, indene, polyterpenes decreased by -11.6%, from $2.13B to $1.88B. Trade in Petroleum resins, coumarone, indene, polyterpenes represent 0.0083% of total world trade.

Petroleum resins, coumarone, indene, polyterpenes are a part of Petroleum Resins.

Exports In 2023 the top exporters of Petroleum resins, coumarone, indene, polyterpenes  were China ($580M), South Korea ($234M), United States ($195M), Netherlands ($152M), and France ($149M).

Imports In 2023 the top importers of Petroleum resins, coumarone, indene, polyterpenes were Germany ($139M), Italy ($129M), India ($110M), China ($110M), and France ($104M).

Ranking Petroleum resins, coumarone, indene, polyterpenes ranks 94th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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.

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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$580M
Top Destination (2023)Germany$139M

In 2023 Petroleum resins, coumarone, indene, polyterpenes were the world's 1484th most traded product (out of 4,644).

In 2023, the top exporters of Petroleum resins, coumarone, indene, polyterpenes were China ($580M), South Korea ($234M), United States ($195M), Netherlands ($152M), and France ($149M).

In 2023, the top importers of Petroleum resins, coumarone, indene, polyterpenes were Germany ($139M), Italy ($129M), India ($110M), China ($110M), and France ($104M).

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Exporters of Petroleum resins, coumarone, indene, polyterpenes (2023)
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Importers of Petroleum resins, coumarone, indene, polyterpenes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$11.5M
Top Destination Growth (2022 -  2023)Philippines$20.5M

Between 2022 and 2023, the exports of Petroleum resins, coumarone, indene, polyterpenes grew the fastest in China ($11.5M), Netherlands ($11.3M), Italy ($2.19M), Oman ($791k), and Moldova ($570k).

Between 2022 and 2023, the fastest growing importers of Petroleum resins, coumarone, indene, polyterpenes were Philippines ($20.5M), Belgium ($10.9M), Czechia ($4.48M), South Korea ($4.31M), and Romania ($3.77M).

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Exporters of Petroleum resins, coumarone, indene, polyterpenes (2022 - 2023)

Importers of Petroleum resins, coumarone, indene, polyterpenes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Petroleum resins, coumarone, indene, polyterpenes.

In 2023, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Petroleum resins, coumarone, indene, polyterpenes are explained by 10 countries.

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Value of Exports in Petroleum resins, coumarone, indene, polyterpenes

Net Trade

TOP NET EXPORTER (2023)China$471M
TOP NET IMPORTER (2023)Italy$123M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Petroleum resins, coumarone, indene, polyterpenes were China ($471M), South Korea ($191M), United States ($93.5M), Chinese Taipei ($74.3M), and Netherlands ($71.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Petroleum resins, coumarone, indene, polyterpenes were Italy ($123M), India ($106M), Indonesia ($73M), Mexico ($67.4M), and Turkey ($64.6M).

Net Trade (2023)

Country Comparison

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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.

Top 10 Exporters Countries of Petroleum resins, coumarone, indene, polyterpenes by percentage of total exports

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)

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