Phenolic resins, in primary forms390940 (Harmonized System 1992 for 6-digit)
2020 World Trade: $1.81B, Rnk 1333 / 4613
2020 Top Exporter | Top Importer: $223M | $307M, China | Japan
2020 Product Complexity: 1.17, Rnk 537 / 4783
2019 - 2020 Export Growth (CAGR): -10.8%, Rnk 2611 / 4613
2018 Mean Tariff: 5.5%, Rnk 3935 / 6538
2020 Share of World Trade: 0.011%, Rnk 1333 / 4613
Overview This page contains the latest trade data of Phenolic resins, in primary forms. In 2020, Phenolic resins, in primary forms were the world's 1333rd most traded product, with a total trade of $1.81B. Between 2019 and 2020 the exports of Phenolic resins, in primary forms decreased by -10.8%, from $2.03B to $1.81B. Trade in Phenolic resins, in primary forms represent 0.011% of total world trade.
Phenolic resins, in primary forms are a part of Amino-resins.
Exports In 2020 the top exporters of Phenolic resins, in primary forms were Japan ($223M), Germany ($184M), United States ($172M), China ($161M), and Belgium ($108M).
Imports In 2020 the top importers of Phenolic resins, in primary forms were China ($307M), Germany ($142M), United States ($85.8M), Canada ($70.9M), and South Korea ($66.9M).
Tariffs In 2018 the average tariff for Phenolic resins, in primary forms was 5.5%, making it the 3935th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Phenolic resins, in primary forms are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Pakistan (20%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).
Ranking Phenolic resins, in primary forms ranks 537th in the Product Complexity Index (PCI).
Description Phenolic resins are used in many industries as a protective coating and for its fire-retardant properties. It is also used in production of many synthetic fibers, plastics, and paints.
The following visualization shows the latest trends on Phenolic resins, in primary forms. 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
Phenolic resins, in primary forms are the world's 1333rd most traded product.
In 2020, the top exporters of Phenolic resins, in primary forms were Japan ($223M), Germany ($184M), United States ($172M), China ($161M), and Belgium ($108M).
In 2020, the top importers of Phenolic resins, in primary forms were China ($307M), Germany ($142M), United States ($85.8M), Canada ($70.9M), and South Korea ($66.9M).
Trade by country
Top Origin Growth (2019 - 2020): Chinese Taipei, $2.49M
Top Destination Growth (2019 - 2020): China, $18.8M
Between 2019 and 2020, the exports of Phenolic resins, in primary forms grew the fastest in Chinese Taipei ($2.49M), South Africa ($1.73M), Netherlands ($1.42M), Tunisia ($499k), and Norway ($489k).
Between 2019 and 2020, the fastest growing importers of Phenolic resins, in primary forms were China ($18.8M), Iraq ($5.49M), Chinese Taipei ($4.57M), Hong Kong ($2.03M), and Saudi Arabia ($2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Phenolic resins, in primary forms.
In 2020, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Phenolic resins, in primary forms are explained by 21 countries.
This map shows which countries export or import more of Phenolic resins, in primary forms. Each country is colored based on the difference in exports and imports of Phenolic resins, in primary forms during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Phenolic resins, in primary forms were Japan ($194M), Belgium ($94.3M), United States ($85.8M), Chinese Taipei ($50.8M), and United Kingdom ($49.9M).
In 2020, the countries that had a largest trade value in imports than in exports of Phenolic resins, in primary forms were China ($147M), Thailand ($51.3M), Netherlands ($45M), Mexico ($43.3M), and Turkey ($38M).
In 2019, the world most traded Phenolic resins, in primary forms, disaggragated by their HS6 level were Phenolic resins, in primary forms ($1.81B)
This visualization shows the countries that have an important ratio of their trade related to Phenolic resins, in primary forms. It is possible to select the main countries that export or import Phenolic resins, in primary forms in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Phenolic resins, in primary forms was 5.5%. The countries with the highest tariffs for importing Phenolic resins, in primary forms were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Pakistan (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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.8 ant