HS Icon Styrene Polymers

Polymers of styrene, in primary forms

3903 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Styrene Polymers. In 2021, Styrene Polymers were the world's 164th most traded product, with a total trade of $27.2B. Between 2020 and 2021 the exports of Styrene Polymers grew by 52.9%, from $17.8B to $27.2B. Trade in Styrene Polymers represent 0.13% of total world trade.

Styrene Polymers are a part of Plastics & articles thereof. They include Acrylonitrile-butadiene-styrene (ABS) copolymers, Non-expansible polystyrene, Polymers of styrene (except SAN or ABS), Expansible polystyrene, and Styrene-acrylonitrile (SAN) copolymers.

Exports In 2021 the top exporters of Styrene Polymers  were South Korea ($4.65B), Chinese Taipei ($4.47B), Germany ($1.88B), United States ($1.52B), and Netherlands ($1.49B).

Imports In 2021 the top importers of Styrene Polymers were China ($5.96B), Germany ($1.55B), United States ($1.55B), Italy ($1.09B), and Poland ($1.08B).

Tariffs In 2018 the average tariff for Styrene Polymers was 4.47%, making it the 924th lowest tariff using the HS4 product classification.

Ranking Styrene Polymers ranks 270th in the Product Complexity Index (PCI).

Description Polymers of styrene are used in the production of polystyrene, styrene-butadiene rubber, and polystyrene-polybutadiene.

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The following visualization shows the latest trends on Styrene 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 (2021): South Korea, $4.65B

Top Destination (2021): China, $5.96B

Styrene Polymers are the world's 164th most traded product.

In 2021, the top exporters of Styrene Polymers were South Korea ($4.65B), Chinese Taipei ($4.47B), Germany ($1.88B), United States ($1.52B), and Netherlands ($1.49B).

In 2021, the top importers of Styrene Polymers were China ($5.96B), Germany ($1.55B), United States ($1.55B), Italy ($1.09B), and Poland ($1.08B).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): Chinese Taipei, $1.64B

Top Destination Growth (2020 -  2021): China, $1.17B

Between 2020 and 2021, the exports of Styrene Polymers grew the fastest in Chinese Taipei ($1.64B), South Korea ($1.41B), Germany ($722M), Netherlands ($595M), and Belgium ($493M).

Between 2020 and 2021, the fastest growing importers of Styrene Polymers were China ($1.17B), United States ($563M), Germany ($556M), Italy ($549M), and Poland ($447M).

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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 Styrene Polymers.

In 2021, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Styrene Polymers are explained by 21 countries.

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TOP NET EXPORTER (2021): South Korea, $4.46B

TOP NET IMPORTER (2021): China, $5.12B

This map shows which countries export or import more of Styrene Polymers. Each country is colored based on the difference in exports and imports of Styrene Polymers during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Styrene Polymers were South Korea ($4.46B), Chinese Taipei ($4.38B), Netherlands ($1.15B), Belgium ($950M), and Japan ($641M).

In 2021, the countries that had a largest trade value in imports than in exports of Styrene Polymers were China ($5.12B), Vietnam ($898M), Poland ($828M), Italy ($512M), and Hong Kong ($426M).

Disaggregation

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Value

In 2021, the world most traded Styrene Polymers, disaggragated by their HS6 level were Acrylonitrile-butadiene-styrene (ABS) copolymers ($9.86B), Non-expansible polystyrene ($5.46B), Expansible polystyrene ($5.38B), Polymers of styrene (except SAN or... ($5.22B), and Styrene-acrylonitrile (SAN) copolymers ($1.32B)

Country Comparison

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

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 Styrene Polymers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.