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Polytetrafluoroethylene in primary forms

390461 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.18BRnk 1933 / 4644
2023
Top Exporter | Top Importer $254M | $155MChina | United States
2023
Product Complexity 0.99Rnk 782 / 4656
2022 - 2023
Export Growth (CAGR) -15.8%Rnk 3306 / 4644
2023
Share of World Trade 0.0052%Rnk 1933 / 4644

About

Overview This page contains the latest trade data of Polytetrafluoroethylene. In 2023, Polytetrafluoroethylene were the world's 1933rd most traded product, with a total trade of $1.18B. Between 2022 and 2023 the exports of Polytetrafluoroethylene decreased by -15.8%, from $1.4B to $1.18B. Trade in Polytetrafluoroethylene represent 0.0052% of total world trade.

Polytetrafluoroethylene are a part of Vinyl Chloride Polymers.

Exports In 2023 the top exporters of Polytetrafluoroethylene  were China ($254M), Germany ($176M), United States ($143M), India ($136M), and Italy ($111M).

Imports In 2023 the top importers of Polytetrafluoroethylene were United States ($155M), Germany ($150M), Italy ($109M), China ($78.8M), and Japan ($73.4M).

Ranking Polytetrafluoroethylene ranks 782nd in the Product Complexity Index (PCI).

Description The most common use of polytetrafluoroethylene is in the lining of containers for products that are sensitive to moisture or oxygen. For example, foods such as cereals, candy, and nuts are packaged in this type of plastic. Another common use is in the production of non-stick cookware. Polytetrafluoroethylene is also used in electrical insulation, in air conditioning systems, and in the fireproofing of materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Polytetrafluoroethylene. 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)China$254M
Top Destination (2023)United States$155M

In 2023 Polytetrafluoroethylene were the world's 1933rd most traded product (out of 4,644).

In 2023, the top exporters of Polytetrafluoroethylene were China ($254M), Germany ($176M), United States ($143M), India ($136M), and Italy ($111M).

In 2023, the top importers of Polytetrafluoroethylene were United States ($155M), Germany ($150M), Italy ($109M), China ($78.8M), and Japan ($73.4M).

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

Color
Top Origin Growth (2022 -  2023)Turkey$5.51M
Top Destination Growth (2022 -  2023)Japan$5.38M

Between 2022 and 2023, the exports of Polytetrafluoroethylene grew the fastest in Turkey ($5.51M), Netherlands ($4.83M), Thailand ($2.18M), France ($1.82M), and Finland ($571k).

Between 2022 and 2023, the fastest growing importers of Polytetrafluoroethylene were Japan ($5.38M), Turkey ($4.24M), Austria ($3.44M), Ireland ($2.89M), and Russia ($2.41M).

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Exporters of Polytetrafluoroethylene (2022 - 2023)

Importers of Polytetrafluoroethylene (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Polytetrafluoroethylene are explained by 10 countries.

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Value of Exports in Polytetrafluoroethylene

Net Trade

TOP NET EXPORTER (2023)China$176M
TOP NET IMPORTER (2023)South Korea$53.7M

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

In 2023, the countries that had a largest trade value in exports than in imports of Polytetrafluoroethylene were China ($176M), India ($96.3M), Netherlands ($63.2M), Japan ($32.7M), and Germany ($25.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Polytetrafluoroethylene were South Korea ($53.7M), France ($46.6M), Brazil ($36.1M), Chinese Taipei ($36M), and Mexico ($27.6M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Polytetrafluoroethylene 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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