HS Icon Acrylic Polymers

3906 (Harmonized System 1992 for 4-digit)

World Trade (2019): $16.5B, Rnk 219 / 1217

Top Exporter (2019): $2.37B, Germany

Top Importer (2019): $2.1B, China

Product Complexity (2019): 1.34, Rnk 70 / 961

Export Growth (CAGR)(2018 - 2019): -6.37%, Rnk 815 / 1217

Mean Tariff (2018): 4.69%, Rnk 878 / 1259

Share of World Trade (2019): 0.091%, Rnk 219 / 1217

Overview:  This page contains the latest trade data of Acrylic Polymers. In 2019, Acrylic Polymers were the world's 219th most traded product, with a total trade of $16.5B. Between 2018 and 2019 the exports of Acrylic Polymers decreased by -6.37%, from  $17.6B to $16.5B. Trade in Acrylic Polymers represent 0.091% of total world trade.

Exports: In 2019 the top exporters of Acrylic Polymers  were Germany ($2.37B), United States ($1.73B), South Korea ($1.64B), France ($1.36B), and Japan ($1.35B).

Imports: In 2019 the top importers of Acrylic Polymers were China ($2.1B), Germany ($1.1B), United States ($996M), Italy ($636M), and Canada ($595M).

Tariffs: In 2018 the average tariff for Acrylic Polymers was 4.69%, making it the 878th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Acrylic Polymers are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (11.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Hong Kong (0%).

Ranking: Acrylic Polymers ranks 70th in the Product Complexity Index (PCI).

Description: Acrylic polymers are used in products such as: clear plastics, paints, inks, adhesives, and sealants.

Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $2.37B

Top Destination (2019): China, $2.1B

Acrylic Polymers are the world's 219th most traded product.

In 2019, the top exporters of Acrylic Polymers were Germany ($2.37B), United States ($1.73B), South Korea ($1.64B), France ($1.36B), and Japan ($1.35B).

In 2019, the top importers of Acrylic Polymers were China ($2.1B), Germany ($1.1B), United States ($996M), Italy ($636M), and Canada ($595M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $45.6M

Top Destination Growth (2018 - 2019): Saudi Arabia, $17.1M

Between 2018 and 2019, the exports of Acrylic Polymers grew the fastest in China ($45.6M), Turkey ($16.7M), Russia ($15.1M), India ($15.1M), and Saudi Arabia ($13.5M).

Between 2018 and 2019, the fastest growing importers of Acrylic Polymers were Saudi Arabia ($17.1M), Kazakhstan ($15.2M), United Kingdom ($14.6M), Brazil ($13.2M), and Pakistan ($12.7M).

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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 Acrylic Polymers.

In 2019,  market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Acrylic Polymers are explained by 19 countries.

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TOP NET EXPORTER (2019): South Korea, $1.38B

TOP NET IMPORTER (2019): China, $925M

This map shows which countries export or import more of Acrylic Polymers. Each country is colored based on the difference in exports and imports of Acrylic Polymers during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Acrylic Polymers were South Korea ($1.38B), Germany ($1.27B), Japan ($1.11B), France ($825M), and United States ($733M).

In 2019, the countries that had a largest trade value in imports than in exports of Acrylic Polymers were China ($925M), Poland ($464M), Mexico ($433M), India ($420M), and Canada ($388M).

Disaggregation

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Value

In 2019, the world most traded Acrylic Polymers, disaggragated by their HS6 level were Acrylic polymers nes, in primary forms ($15B) and Polymethyl methacrylate, in primary forms ($1.47B)

Import Tariffs

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In 2018, the average tariff for importing Acrylic Polymers was 4.69%.  The countries with the highest tariffs for importing Acrylic Polymers were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (11.3%).

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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.