HS Icon Vinyl Chloride Polymers

3904 (Harmonized System 1992 for 4-digit)

World Trade (2018): $20.3B, Rnk 183 / 1225

Top Exporter (2018): $3.94B, United States

Top Importer (2018): $2.13B, India

Product Complexity (2018): 0.37, Rnk 423 / 1018

Export Growth (CAGR)(2017 - 2018): 9.55%, Rnk 800 / 1225

Mean Tariff (2018): 4.61%, Rnk 889 / 1259

Share of World Trade (2018): 0.11%, Rnk 183 / 1225

Overview: In 2018, Vinyl Chloride Polymers were the world's 183rd most traded product, with a total trade of $20.3B. Between 2017 and 2018 the exports of Vinyl Chloride Polymers grew by 9.55%, from  $18.5B to $20.3B. Trade in Vinyl Chloride Polymers represent 0.11% of total world trade.

Exports: In 2018 the top exporters of Vinyl Chloride Polymers  were United States ($3.94B), Germany ($1.97B), France ($1.44B), China ($1.37B), and Japan ($1.35B).

Imports: In 2018 the top importers of Vinyl Chloride Polymers were India ($2.13B), China ($1.35B), Germany ($1.34B), United States ($1.09B), and Italy ($1.07B).

Tariffs: In 2018 the average tariff for Vinyl Chloride Polymers was 4.61%, been the 889 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vinyl Chloride Polymers are Bahamas (41.4%), Bermuda (25%), Maldives (19.6%), Pakistan (13.7%), and Romania (12.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Vinyl Chloride Polymers ranks 423rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $3.94B

Top Destination (2018): India, $2.13B

Vinyl Chloride Polymers are the world's 183rd most traded product.

In 2018, the top exporters of Vinyl Chloride Polymers were United States ($3.94B), Germany ($1.97B), France ($1.44B), China ($1.37B), and Japan ($1.35B).

In 2018, the top importers of Vinyl Chloride Polymers were India ($2.13B), China ($1.35B), Germany ($1.34B), United States ($1.09B), and Italy ($1.07B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Chinese Taipei, $443M

Top Destination Growth (2017 - 2018): United States, $236M

Between 2017 and 2018, the exports of Vinyl Chloride Polymers grew the fastest in Chinese Taipei ($443M), United States ($272M), Belgium-Luxembourg ($198M), South Korea ($131M), and Netherlands ($105M).

Between 2017 and 2018, the fastest growing importers of Vinyl Chloride Polymers were United States ($236M), India ($188M), Bangladesh ($172M), Vietnam ($172M), and Germany ($103M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Vinyl Chloride Polymers.

In 2018,  market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Vinyl Chloride Polymers are explained by 21 countries.

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TOP NET EXPORTER (2018): United States, $2.85B

TOP NET IMPORTER (2018): India, $1.97B

This map shows which countries export or import more of Vinyl Chloride Polymers. Each country is colored based on the difference in exports and imports of Vinyl Chloride Polymers during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Vinyl Chloride Polymers were United States ($2.85B), Japan ($1.08B), Chinese Taipei ($975M), France ($868M), and Netherlands ($725M).

In 2018, the countries that had a largest trade value in imports than in exports of Vinyl Chloride Polymers were India ($1.97B), Turkey ($697M), Brazil ($414M), Italy ($411M), and Canada ($397M).

Trade Forecasts

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This section shows forecasts for total trade for Vinyl Chloride Polymers. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Vinyl Chloride Polymers was 4.61%.  The countries with the highest tariffs for importing Vinyl Chloride Polymers were Bahamas (41.4%), Bermuda (25%), Maldives (19.6%), Pakistan (13.7%), and Romania (12.7%).

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Product Complexity

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Diversification Frontier

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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.