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Polyurethanes in primary forms

390950 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.45BRnk 506 / 4644
2023
Top Exporter | Top Importer $1.62B | $720MGermany | China
2023
Product Complexity 1.24Rnk 409 / 4656
2022 - 2023
Export Growth (CAGR) -17.7%Rnk 3484 / 4644
2023
Share of World Trade 0.033%Rnk 506 / 4644

About

Overview This page contains the latest trade data of Polyurethanes. In 2023, Polyurethanes were the world's 506th most traded product, with a total trade of $7.45B. Between 2022 and 2023 the exports of Polyurethanes decreased by -17.7%, from $9.05B to $7.45B. Trade in Polyurethanes represent 0.033% of total world trade.

Polyurethanes are a part of Amino-resins.

Exports In 2023 the top exporters of Polyurethanes  were Germany ($1.62B), China ($944M), United States ($781M), Italy ($573M), and Chinese Taipei ($359M).

Imports In 2023 the top importers of Polyurethanes were China ($720M), United States ($446M), Germany ($446M), Italy ($369M), and Vietnam ($363M).

Ranking Polyurethanes ranks 409th in the Product Complexity Index (PCI).

Description Polyurethanes are often used in primary forms because they do not decompose rapidly and do not release toxic fumes. They are used in textiles, foams, and other consumer products. They are also used as sealants and insulators.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Polyurethanes. 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)Germany$1.62B
Top Destination (2023)China$720M

In 2023 Polyurethanes were the world's 506th most traded product (out of 4,644).

In 2023, the top exporters of Polyurethanes were Germany ($1.62B), China ($944M), United States ($781M), Italy ($573M), and Chinese Taipei ($359M).

In 2023, the top importers of Polyurethanes were China ($720M), United States ($446M), Germany ($446M), Italy ($369M), and Vietnam ($363M).

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

Color
Top Origin Growth (2022 -  2023)Canada$27M
Top Destination Growth (2022 -  2023)Pakistan$15.4M

Between 2022 and 2023, the exports of Polyurethanes grew the fastest in Canada ($27M), Gambia ($3.8M), Hong Kong ($3.69M), Romania ($3.07M), and Greece ($2.96M).

Between 2022 and 2023, the fastest growing importers of Polyurethanes were Pakistan ($15.4M), Nigeria ($7.05M), Dominican Republic ($6.46M), Kazakhstan ($6.07M), and Ukraine ($5.79M).

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Exporters of Polyurethanes (2022 - 2023)

Importers of Polyurethanes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Polyurethanes are explained by 17 countries.

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Value of Exports in Polyurethanes

Net Trade

TOP NET EXPORTER (2023)Germany$1.18B
TOP NET IMPORTER (2023)Vietnam$342M

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

In 2023, the countries that had a largest trade value in exports than in imports of Polyurethanes were Germany ($1.18B), United States ($334M), Chinese Taipei ($263M), Belgium ($228M), and China ($224M).

In 2023, the countries that had a largest trade value in imports than in exports of Polyurethanes were Vietnam ($342M), Mexico ($267M), India ($264M), Indonesia ($167M), and Poland ($112M).

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

Top 10 Exporters Countries of Polyurethanes 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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