Phenolic resins390940 (Harmonized System 1992 for 6-digit)
2020 World Trade: $1.81B, Rnk 1333 / 4613
2020 Top Exporter | Top Importer: $223M | $307M, Japan | China
2020 Product Complexity: 1.17, Rnk 537 / 4783
2019 - 2020 Export Growth (CAGR): false, Rnk 2611 / 4613
2020 Share of World Trade: 0.011%, Rnk 1333 / 4613
Overview This page contains the latest trade data of Phenolic resins. In 2020, Phenolic resins were the world's 1333rd most traded product, with a total trade of $1.81B. Between 2019 and 2020 the exports of Phenolic resins N/A by N/A, from $2.03B to $1.81B. Trade in Phenolic resins represent 0.011% of total world trade.
Phenolic resins are a part of Amino-resins.
Exports In 2020 the top exporters of Phenolic resins were Japan ($223M), Germany ($184M), United States ($172M), China ($161M), and Belgium ($108M).
Imports In 2020 the top importers of Phenolic resins were China ($307M), Germany ($142M), United States ($85.8M), Canada ($70.9M), and South Korea ($66.9M).
Ranking Phenolic resins 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. 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 are the world's 1333rd most traded product.
In 2020, the top exporters of Phenolic resins were Japan ($223M), Germany ($184M), United States ($172M), China ($161M), and Belgium ($108M).
In 2020, the top importers of Phenolic resins 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 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 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 2020, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Phenolic resins are explained by 21 countries.
This map shows which countries export or import more of Phenolic resins. Each country is colored based on the difference in exports and imports of Phenolic resins during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Phenolic resins 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 were China ($147M), Thailand ($51.3M), Netherlands ($45M), Mexico ($43.3M), and Turkey ($38M).
This visualization shows the countries that have an important ratio of their trade related to Phenolic resins. It is possible to select the main countries that export or import Phenolic resins in the world, or by continent, as well as select the measure of interest.
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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