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Polyethylene - specific gravity <0.94 in primary form

390110 (Harmonized System 1992 for 6-digit)

2023
World Trade $25.4BRnk 123 / 4644
2023
Top Exporter | Top Importer $4.3B | $3.93BUnited States | China
2023
Product Complexity 0.18Rnk 2231 / 4656
2022 - 2023
Export Growth (CAGR) -25.6%Rnk 4040 / 4644
2023
Share of World Trade 0.11%Rnk 123 / 4644

About

Overview This page contains the latest trade data of Polyethylene (specific gravity < 0.94). In 2023, Polyethylene (specific gravity < 0.94) were the world's 123rd most traded product, with a total trade of $25.4B. Between 2022 and 2023 the exports of Polyethylene (specific gravity < 0.94) decreased by -25.6%, from $34.2B to $25.4B. Trade in Polyethylene (specific gravity < 0.94) represent 0.11% of total world trade.

Polyethylene (specific gravity < 0.94) are a part of Ethylene Polymers.

Exports In 2023 the top exporters of Polyethylene (specific gravity < 0.94)  were United States ($4.3B), Saudi Arabia ($3.54B), Belgium ($1.63B), Netherlands ($1.38B), and Germany ($1.24B).

Imports In 2023 the top importers of Polyethylene (specific gravity < 0.94) were China ($3.93B), Turkey ($1.26B), Germany ($1.25B), India ($1.24B), and Italy ($1.05B).

Ranking Polyethylene (specific gravity < 0.94) ranks 2231st in the Product Complexity Index (PCI).

Description Polyethylene is a thermoplastic polymer used in a variety of applications, such as packaging (plastic bags), containers for food and beverages, and plastic films. It is produced by polymerizing ethylene in the presence of a catalyst. Polyethylene is not biodegradable, which means it cannot be decomposed by natural processes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Polyethylene (specific gravity < 0.94). 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)United States$4.3B
Top Destination (2023)China$3.93B

In 2023 Polyethylene (specific gravity < 0.94) were the world's 123rd most traded product (out of 4,644).

In 2023, the top exporters of Polyethylene (specific gravity < 0.94) were United States ($4.3B), Saudi Arabia ($3.54B), Belgium ($1.63B), Netherlands ($1.38B), and Germany ($1.24B).

In 2023, the top importers of Polyethylene (specific gravity < 0.94) were China ($3.93B), Turkey ($1.26B), Germany ($1.25B), India ($1.24B), and Italy ($1.05B).

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Exporters of Polyethylene (specific gravity < 0.94) (2023)
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Importers of Polyethylene (specific gravity < 0.94) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$96.2M
Top Destination Growth (2022 -  2023)India$44.8M

Between 2022 and 2023, the exports of Polyethylene (specific gravity < 0.94) grew the fastest in Indonesia ($96.2M), Malaysia ($39.3M), Luxembourg ($12.9M), Philippines ($3.38M), and Colombia ($3.12M).

Between 2022 and 2023, the fastest growing importers of Polyethylene (specific gravity < 0.94) were India ($44.8M), Uzbekistan ($12.7M), Malawi ($10.9M), Ukraine ($7.07M), and Togo ($6.96M).

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Exporters of Polyethylene (specific gravity < 0.94) (2022 - 2023)

Importers of Polyethylene (specific gravity < 0.94) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Polyethylene (specific gravity < 0.94).

In 2023, market concentration measured using Shannon Entropy, was 4.63. This means that most of the exports of Polyethylene (specific gravity < 0.94) are explained by 24 countries.

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Value of Exports in Polyethylene (specific gravity < 0.94)

Net Trade

TOP NET EXPORTER (2023)United States$3.6B
TOP NET IMPORTER (2023)China$3.56B

This map shows which countries export or import more of Polyethylene (specific gravity < 0.94). Each country is colored based on the difference in exports and imports of Polyethylene (specific gravity < 0.94) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Polyethylene (specific gravity < 0.94) were United States ($3.6B), Saudi Arabia ($3.39B), Qatar ($1.21B), Belgium ($1.11B), and Netherlands ($904M).

In 2023, the countries that had a largest trade value in imports than in exports of Polyethylene (specific gravity < 0.94) were China ($3.56B), Turkey ($1.08B), India ($1.05B), Italy ($766M), and Vietnam ($762M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Polyethylene (specific gravity < 0.94).
It is possible to select the main countries that export or import Polyethylene (specific gravity < 0.94) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Polyethylene (specific gravity < 0.94) 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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