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Polyisobutylene in primary forms

390220 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.04BRnk 2067 / 4644
2023
Top Exporter | Top Importer $287M | $159MSouth Korea | China
2023
Product Complexity 1.13Rnk 578 / 4656
2022 - 2023
Export Growth (CAGR) -19.3%Rnk 3631 / 4644
2023
Share of World Trade 0.0046%Rnk 2067 / 4644

About

Overview This page contains the latest trade data of Polyisobutylene. In 2023, Polyisobutylene were the world's 2067th most traded product, with a total trade of $1.04B. Between 2022 and 2023 the exports of Polyisobutylene decreased by -19.3%, from $1.29B to $1.04B. Trade in Polyisobutylene represent 0.0046% of total world trade.

Polyisobutylene are a part of Propylene Polymers.

Exports In 2023 the top exporters of Polyisobutylene  were South Korea ($287M), Germany ($200M), United States ($98M), Belgium ($89M), and France ($87.6M).

Imports In 2023 the top importers of Polyisobutylene were China ($159M), Singapore ($128M), France ($125M), Italy ($110M), and United States ($105M).

Ranking Polyisobutylene ranks 578th in the Product Complexity Index (PCI).

Description Polyisobutylene is used in primary forms such as a lubricant, a food additive, and a textile additive. Polyisobutylene is also used in plastics, adhesives, and sealants.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Polyisobutylene. 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)South Korea$287M
Top Destination (2023)China$159M

In 2023 Polyisobutylene were the world's 2067th most traded product (out of 4,644).

In 2023, the top exporters of Polyisobutylene were South Korea ($287M), Germany ($200M), United States ($98M), Belgium ($89M), and France ($87.6M).

In 2023, the top importers of Polyisobutylene were China ($159M), Singapore ($128M), France ($125M), Italy ($110M), and United States ($105M).

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Exporters of Polyisobutylene (2023)
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Importers of Polyisobutylene (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$27.9M
Top Destination Growth (2022 -  2023)China$1.19M

Between 2022 and 2023, the exports of Polyisobutylene grew the fastest in Belgium ($27.9M), India ($10.5M), Brazil ($6.23M), Japan ($1.85M), and Kazakhstan ($1.58M).

Between 2022 and 2023, the fastest growing importers of Polyisobutylene were China ($1.19M), Azerbaijan ($1.08M), Saudi Arabia ($636k), South Africa ($616k), and Turkey ($603k).

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Exporters of Polyisobutylene (2022 - 2023)

Importers of Polyisobutylene (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Polyisobutylene.

In 2023, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Polyisobutylene are explained by 10 countries.

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Value of Exports in Polyisobutylene

Net Trade

TOP NET EXPORTER (2023)South Korea$280M
TOP NET IMPORTER (2023)China$132M

This map shows which countries export or import more of Polyisobutylene. Each country is colored based on the difference in exports and imports of Polyisobutylene during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Polyisobutylene were South Korea ($280M), Germany ($138M), Belgium ($57.7M), Malaysia ($51.7M), and Japan ($29.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Polyisobutylene were China ($132M), Singapore ($125M), Italy ($108M), France ($37.3M), and United Kingdom ($22.9M).

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 Polyisobutylene.
It is possible to select the main countries that export or import Polyisobutylene in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Polyisobutylene 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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