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Urea resins, thiourea resins, in primary forms

390910 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.19BRnk 1913 / 4644
2023
Top Exporter | Top Importer $194M | $185MGermany | Germany
2023
Product Complexity 0.35Rnk 1948 / 4656
2022 - 2023
Export Growth (CAGR) -26.7%Rnk 4096 / 4644
2023
Share of World Trade 0.0053%Rnk 1913 / 4644

About

Overview This page contains the latest trade data of Urea resins and thiourea resins. In 2023, Urea resins and thiourea resins were the world's 1913th most traded product, with a total trade of $1.19B. Between 2022 and 2023 the exports of Urea resins and thiourea resins decreased by -26.7%, from $1.63B to $1.19B. Trade in Urea resins and thiourea resins represent 0.0053% of total world trade.

Urea resins and thiourea resins are a part of Amino-resins.

Exports In 2023 the top exporters of Urea resins and thiourea resins  were Germany ($194M), Poland ($169M), Belgium ($94.4M), China ($81.8M), and Turkey ($52.7M).

Imports In 2023 the top importers of Urea resins and thiourea resins were Germany ($185M), France ($121M), Ukraine ($62M), Poland ($54.4M), and Italy ($49.9M).

Ranking Urea resins and thiourea resins ranks 1948th in the Product Complexity Index (PCI).

Description Urea resins are polyamide resins used as an adhesive or as a bonding agent that is cured with heat. Thiourea resins are a type of thermosetting plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Urea resins and thiourea resins. 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$194M
Top Destination (2023)Germany$185M

In 2023 Urea resins and thiourea resins were the world's 1913th most traded product (out of 4,644).

In 2023, the top exporters of Urea resins and thiourea resins were Germany ($194M), Poland ($169M), Belgium ($94.4M), China ($81.8M), and Turkey ($52.7M).

In 2023, the top importers of Urea resins and thiourea resins were Germany ($185M), France ($121M), Ukraine ($62M), Poland ($54.4M), and Italy ($49.9M).

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Exporters of Urea resins and thiourea resins (2023)
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Importers of Urea resins and thiourea resins (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$14.7M
Top Destination Growth (2022 -  2023)Ethiopia$10.1M

Between 2022 and 2023, the exports of Urea resins and thiourea resins grew the fastest in China ($14.7M), Iraq ($2.72M), Pakistan ($1.36M), Tunisia ($1.26M), and Hong Kong ($1.08M).

Between 2022 and 2023, the fastest growing importers of Urea resins and thiourea resins were Ethiopia ($10.1M), Indonesia ($3.92M), Algeria ($3.52M), Luxembourg ($2.09M), and Oman ($1.66M).

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Exporters of Urea resins and thiourea resins (2022 - 2023)

Importers of Urea resins and thiourea resins (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Urea resins and thiourea resins.

In 2023, market concentration measured using Shannon Entropy, was 4.53. This means that most of the exports of Urea resins and thiourea resins are explained by 23 countries.

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Value of Exports in Urea resins and thiourea resins

Net Trade

TOP NET EXPORTER (2023)Poland$114M
TOP NET IMPORTER (2023)France$119M

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

In 2023, the countries that had a largest trade value in exports than in imports of Urea resins and thiourea resins were Poland ($114M), Belgium ($89.5M), China ($64.3M), Turkey ($48.4M), and Portugal ($42.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Urea resins and thiourea resins were France ($119M), Ukraine ($62M), Bulgaria ($32.8M), Canada ($32.3M), and Switzerland ($26.5M).

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

Top 10 Exporters Countries of Urea resins and thiourea resins 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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