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Polyethylene - specific gravity >0.94 in primary form

390120 (Harmonized System 1992 for 6-digit)

2022
World Trade $34.2BRnk 87 / 4648
2022
Top Exporter | Top Importer $5.09B | $6.51BUnited States | China
2022
Product Complexity -0.074Rnk 2633 / 4653
2021 - 2022
Export Growth (CAGR) -0.33%Rnk 3008 / 4648
2022
Share of World Trade 0.14%Rnk 87 / 4648

About

Overview This page contains the latest trade data of Polyethylene (specific gravity > 0.94). In 2022, Polyethylene (specific gravity > 0.94) were the world's 87th most traded product, with a total trade of $34.2B. Between 2021 and 2022 the exports of Polyethylene (specific gravity > 0.94) decreased by -0.33%, from $34.3B to $34.2B. Trade in Polyethylene (specific gravity > 0.94) represent 0.14% of total world trade.

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

Exports In 2022 the top exporters of Polyethylene (specific gravity > 0.94)  were United States ($5.09B), Saudi Arabia ($5.08B), United Arab Emirates ($2.72B), South Korea ($1.97B), and Germany ($1.8B).

Imports In 2022 the top importers of Polyethylene (specific gravity > 0.94) were China ($6.51B), United States ($1.71B), Germany ($1.6B), India ($1.35B), and Mexico ($1.32B).

Ranking Polyethylene (specific gravity > 0.94) ranks 2633rd in the Product Complexity Index (PCI).

Description Polyethylene is used in construction of various objects, such as piping and hoses, and is used in coating materials to prevent corrosion. Polyethylene is also used for packaging.

Latest Trends

Latest Data

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Y-AXIS SCALE

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 (2022)United States$5.09B
Top Destination (2022)China$6.51B

In 2022 Polyethylene (specific gravity > 0.94) were the world's 87th most traded product (out of 4,648).

In 2022, the top exporters of Polyethylene (specific gravity > 0.94) were United States ($5.09B), Saudi Arabia ($5.08B), United Arab Emirates ($2.72B), South Korea ($1.97B), and Germany ($1.8B).

In 2022, the top importers of Polyethylene (specific gravity > 0.94) were China ($6.51B), United States ($1.71B), Germany ($1.6B), India ($1.35B), and Mexico ($1.32B).

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Exporters of Polyethylene (specific gravity > 0.94) (2022)
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Importers of Polyethylene (specific gravity > 0.94) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$747M
Top Destination Growth (2021 -  2022)India$342M

Between 2021 and 2022, the exports of Polyethylene (specific gravity > 0.94) grew the fastest in United States ($747M), Kuwait ($428M), United Arab Emirates ($377M), Saudi Arabia ($154M), and Argentina ($123M).

Between 2021 and 2022, the fastest growing importers of Polyethylene (specific gravity > 0.94) were India ($342M), Egypt ($324M), Brazil ($160M), United Kingdom ($131M), and United Arab Emirates ($95.4M).

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Exporters of Polyethylene (specific gravity > 0.94) (2021 - 2022)

Importers of Polyethylene (specific gravity > 0.94) (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.59. 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 (2022)Saudi Arabia$5B
TOP NET IMPORTER (2022)China$6.05B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Polyethylene (specific gravity > 0.94) were Saudi Arabia ($5B), United States ($3.38B), United Arab Emirates ($2.29B), South Korea ($1.87B), and Iran ($1.32B).

In 2022, the countries that had a largest trade value in imports than in exports of Polyethylene (specific gravity > 0.94) were China ($6.05B), India ($1.27B), Vietnam ($1.13B), Mexico ($994M), and Turkey ($953M).

Net Trade (2022)

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 (2022)

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