Ethylene Polymers3901 (Harmonized System 1992 for 4-digit)
2019 World Trade: $78.2B, Rnk 35 / 1217
2019 Top Exporter | Top Importer: $11.1B | $18.9B, Saudi Arabia | China
2019 Product Complexity: -0.091, Rnk 555 / 961
2018 - 2019 Export Growth (CAGR): -9.27%, Rnk 940 / 1217
2018 Mean Tariff: 4.55%, Rnk 897 / 1259
2019 Share of World Trade: 0.43%, Rnk 35 / 1217
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.
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).
Trade by country
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).
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.
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).
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)
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%).
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.