HS Icon Ethylene Polymers

3901 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Ethylene Polymers. In 2019, Ethylene Polymers were the world's 35th most traded product, with a total trade of $78.2B. Between 2018 and 2019 the exports of Ethylene Polymers decreased by -9.27%, from  $86.2B to $78.2B. Trade in Ethylene Polymers represent 0.43% of total world trade.

Exports: In 2019 the top exporters of Ethylene Polymers  were Saudi Arabia ($11.1B), United States ($10.9B), Belgium ($5.06B), Singapore ($4.56B), and South Korea ($4.17B).

Imports: In 2019 the top importers of Ethylene Polymers were China ($18.9B), United States ($4.08B), Germany ($3.74B), Belgium ($3.23B), and Singapore ($2.75B).

Tariffs: In 2018 the average tariff for Ethylene Polymers was 4.55%, making it the 897th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Ethylene Polymers are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Maldives (19.6%), and Romania (12.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Ethylene Polymers ranks 555th in the Product Complexity Index (PCI).

Description: Polymers of ethylene are used in the production of plastic bags, toys, and plastic containers.

Exporters and Importers

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Trade By Country

Top Origin (2019): Saudi Arabia, $11.1B

Top Destination (2019): China, $18.9B

Ethylene Polymers are the world's 35th most traded product.

In 2019, the top exporters of Ethylene Polymers were Saudi Arabia ($11.1B), United States ($10.9B), Belgium ($5.06B), Singapore ($4.56B), and South Korea ($4.17B).

In 2019, the top importers of Ethylene Polymers were China ($18.9B), United States ($4.08B), Germany ($3.74B), Belgium ($3.23B), and Singapore ($2.75B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $1.04B

Top Destination Growth (2018 - 2019): South Korea, $73.8M

Between 2018 and 2019, the exports of Ethylene Polymers grew the fastest in United States ($1.04B), China ($148M), Indonesia ($88M), South Africa ($72.4M), and Turkmenistan ($38.7M).

Between 2018 and 2019, the fastest growing importers of Ethylene Polymers were South Korea ($73.8M), Russia ($49.4M), Saudi Arabia ($44.2M), Uzbekistan ($37.8M), and Nepal ($16.1M).

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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 Ethylene Polymers.

In 2019,  market concentration measured using Shannon Entropy, was 4.63. This means that most of the exports of Ethylene Polymers are explained by 24 countries.

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TOP NET EXPORTER (2019): Saudi Arabia, $10.8B

TOP NET IMPORTER (2019): China, $17.8B

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

In 2019, the countries that had a largest trade value in exports than in imports of Ethylene Polymers were Saudi Arabia ($10.8B), United States ($6.81B), South Korea ($3.51B), Thailand ($2.7B), and Canada ($2.7B).

In 2019, the countries that had a largest trade value in imports than in exports of Ethylene Polymers were China ($17.8B), Vietnam ($2.4B), Turkey ($1.66B), Italy ($1.52B), and Mexico ($1.33B).

Disaggregation

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Value

In 2019, the world most traded Ethylene Polymers, disaggragated by their HS6 level were Polyethylene - specific gravity >0.94 in... ($29.2B), Polyethylene - specific gravity <0.94 in... ($25.3B), Polymers of ethylene nes, in primary... ($19.3B), and Ethylene-vinyl acetate copolymers in primary forms ($4.51B)

Import Tariffs

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In 2018, the average tariff for importing Ethylene Polymers was 4.55%. The countries with the highest tariffs for importing Ethylene Polymers were Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Maldives (19.6%), and Romania (12.9%).

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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.

Country by Relatedness

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The following visualization shows the relatedness of Ethylene Polymers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.