Propylene PolymersPolymers of propylene or of other olefins, in primary forms
3902 (Harmonized System 1992 for 4-digit)
2021 World Trade: $56.2B, Rnk 80 / 1217
2021 Top Exporter | Top Importer: $7.13B | $6.36B, Saudi Arabia | China
2021 Product Complexity: 0.18, Rnk 499 / 1024
2020 - 2021 Export Growth (CAGR): 42.6%, Rnk 165 / 1217
2018 Mean Tariff: 4.11%, Rnk 985 / 1259
2021 Share of World Trade: 0.27%, Rnk 80 / 1217
Overview This page contains the latest trade data of Propylene Polymers. In 2021, Propylene Polymers were the world's 80th most traded product, with a total trade of $56.2B. Between 2020 and 2021 the exports of Propylene Polymers grew by 42.6%, from $39.4B to $56.2B. Trade in Propylene Polymers represent 0.27% of total world trade.
Propylene Polymers are a part of Plastics & articles thereof. They include Polypropylene, Propylene copolymers, Polymers of propylene and other olefins, and Polyisobutylene.
Exports In 2021 the top exporters of Propylene Polymers were Saudi Arabia ($7.13B), South Korea ($5.78B), United States ($4.39B), Germany ($3.91B), and Singapore ($3.16B).
Imports In 2021 the top importers of Propylene Polymers were China ($6.36B), Turkey ($3.94B), Italy ($3.15B), Germany ($3.14B), and Mexico ($2.44B).
Tariffs In 2018 the average tariff for Propylene Polymers was 4.11%, making it the 985th lowest tariff using the HS4 product classification.
Ranking Propylene Polymers ranks 499th 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.
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.
Trade By Country
Top Origin (2021): Saudi Arabia, $7.13B
Top Destination (2021): China, $6.36B
Propylene Polymers are the world's 80th most traded product.
In 2021, the top exporters of Propylene Polymers were Saudi Arabia ($7.13B), South Korea ($5.78B), United States ($4.39B), Germany ($3.91B), and Singapore ($3.16B).
In 2021, the top importers of Propylene Polymers were China ($6.36B), Turkey ($3.94B), Italy ($3.15B), Germany ($3.14B), and Mexico ($2.44B).
Trade by country
Top Origin Growth (2020 - 2021): South Korea, $1.97B
Top Destination Growth (2020 - 2021): Turkey, $1.35B
Between 2020 and 2021, the exports of Propylene Polymers grew the fastest in South Korea ($1.97B), Saudi Arabia ($1.85B), China ($1.46B), United States ($1.26B), and Germany ($1.05B).
Between 2020 and 2021, the fastest growing importers of Propylene Polymers were Turkey ($1.35B), Italy ($1.21B), Mexico ($1.08B), Germany ($987M), and United States ($835M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Propylene Polymers.
In 2021, market concentration measured using Shannon Entropy, was 4.76. This means that most of the exports of Propylene Polymers are explained by 27 countries.
TOP NET EXPORTER (2021): Saudi Arabia, $6.96B
TOP NET IMPORTER (2021): China, $4.25B
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 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Propylene Polymers were Saudi Arabia ($6.96B), South Korea ($5.59B), United States ($2.74B), Singapore ($2.39B), and United Arab Emirates ($1.93B).
In 2021, the countries that had a largest trade value in imports than in exports of Propylene Polymers were China ($4.25B), Turkey ($3.8B), Mexico ($2.33B), Italy ($2B), and Indonesia ($1.65B).
In 2021, the world most traded Propylene Polymers, disaggragated by their HS6 level were Polypropylene ($33.4B), Propylene copolymers ($18.3B), Polymers of propylene and other olefins ($3.49B), and Polyisobutylene ($1.06B)
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.
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.
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