HS Icon Propylene Polymers

3902 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Propylene Polymers. In 2020, Propylene Polymers were the world's 89th most traded product, with a total trade of $39.2B. Between 2019 and 2020 the exports of Propylene Polymers decreased by -8.41%, from $42.8B to $39.2B. Trade in Propylene Polymers represent 0.23% of total world trade.

Propylene Polymers are a part of Plastics and articles thereof. They include Polypropylene in primary forms, Propylene copolymers in primary forms, Polymers of propylene, olefins nes in primary forms, and Polyisobutylene in primary forms.

Exports In 2020 the top exporters of Propylene Polymers  were Saudi Arabia ($5.28B), South Korea ($3.81B), United States ($3.13B), Germany ($2.85B), and Belgium ($2.42B).

Imports In 2020 the top importers of Propylene Polymers were China ($6.71B), Turkey ($2.59B), Germany ($2.16B), Italy ($1.95B), and Vietnam ($1.51B).

Tariffs In 2018 the average tariff for Propylene Polymers was 4.11%, making it the 985th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Propylene Polymers are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Propylene Polymers ranks 525th in the Product Complexity Index (PCI).

Description Polymers of propylene or other olefins are used in a variety of applications, including plastics, elastomers, fibers, and other products.

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The following visualization shows the latest trends on Propylene Polymers. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Saudi Arabia, $5.28B

Top Destination (2020): China, $6.71B

Propylene Polymers are the world's 89th most traded product.

In 2020, the top exporters of Propylene Polymers were Saudi Arabia ($5.28B), South Korea ($3.81B), United States ($3.13B), Germany ($2.85B), and Belgium ($2.42B).

In 2020, the top importers of Propylene Polymers were China ($6.71B), Turkey ($2.59B), Germany ($2.16B), Italy ($1.95B), and Vietnam ($1.51B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Russia, $293M

Top Destination Growth (2019 - 2020): China, $724M

Between 2019 and 2020, the exports of Propylene Polymers grew the fastest in Russia ($293M), India ($143M), United Arab Emirates ($139M), Indonesia ($83.8M), and Vietnam ($74.8M).

Between 2019 and 2020, the fastest growing importers of Propylene Polymers were China ($724M), Argentina ($27.8M), Greece ($23.6M), Australia ($16.9M), and Sudan ($16.6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Propylene Polymers.

In 2020,  market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Propylene Polymers are explained by 25 countries.

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TOP NET EXPORTER (2020): Saudi Arabia, $5.15B

TOP NET IMPORTER (2020): China, $6.07B

This map shows which countries export or import more of Propylene Polymers. Each country is colored based on the difference in exports and imports of Propylene Polymers during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Propylene Polymers were Saudi Arabia ($5.15B), South Korea ($3.66B), United States ($2.31B), Singapore ($1.81B), and United Arab Emirates ($1.55B).

In 2020, the countries that had a largest trade value in imports than in exports of Propylene Polymers were China ($6.07B), Turkey ($2.55B), Mexico ($1.28B), Italy ($1.17B), and Vietnam ($1.12B).

Disaggregation

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Value

In 2019, the world most traded Propylene Polymers, disaggragated by their HS6 level were Polypropylene in primary forms ($23.1B), Propylene copolymers in primary forms ($12.6B), Polymers of propylene, olefins nes in... ($2.63B), and Polyisobutylene in primary forms ($874M)

Country Comparison

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

Import Tariffs

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In 2018, the average tariff for importing Propylene Polymers was 4.11%. The countries with the highest tariffs for importing Propylene Polymers were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Maldives (19.6%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Propylene Polymers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.