Ethylene Polymers3901 (Harmonized System 1992 for 4-digit)
World Trade (2018): $85.3B, Rnk 30 / 1225
Top Exporter (2018): $12.5B, Saudi Arabia
Top Importer (2018): $18.8B, China
Product Complexity (2018): 0.044, Rnk 526 / 1018
Export Growth (CAGR)(2017 - 2018): 14.5%, Rnk 542 / 1225
Mean Tariff (2018): 4.55%, Rnk 897 / 1259
Share of World Trade (2018): 0.46%, Rnk 30 / 1225
Overview: This page contains the latest trade data of Ethylene Polymers. In 2018, Ethylene Polymers were the world's 30th most traded product, with a total trade of $85.3B. Between 2017 and 2018 the exports of Ethylene Polymers grew by 14.5%, from $74.5B to $85.3B. Trade in Ethylene Polymers represent 0.46% of total world trade.
Exports: In 2018 the top exporters of Ethylene Polymers were Saudi Arabia ($12.5B), United States ($9.83B), Belgium-Luxembourg ($5.81B), Singapore ($5.31B), and Canada ($4.64B).
Imports: In 2018 the top importers of Ethylene Polymers were China ($18.8B), United States ($4.74B), Germany ($4.19B), Belgium-Luxembourg ($3.64B), and Italy ($2.84B).
Tariffs: In 2018 the average tariff for Ethylene Polymers was 4.55%, been the 897 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 526th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Saudi Arabia, $12.5B
Top Destination (2018): China, $18.8B
Ethylene Polymers are the world's 30th most traded product.
In 2018, the top exporters of Ethylene Polymers were Saudi Arabia ($12.5B), United States ($9.83B), Belgium-Luxembourg ($5.81B), Singapore ($5.31B), and Canada ($4.64B).
In 2018, the top importers of Ethylene Polymers were China ($18.8B), United States ($4.74B), Germany ($4.19B), Belgium-Luxembourg ($3.64B), and Italy ($2.84B).
Trade by country
Top Origin Growth (2017 - 2018): United States, $2.35B
Top Destination Growth (2017 - 2018): China, $2.5B
Between 2017 and 2018, the exports of Ethylene Polymers grew the fastest in United States ($2.35B), Saudi Arabia ($1.55B), Singapore ($1.17B), Thailand ($1.08B), and Malaysia ($974M).
Between 2017 and 2018, the fastest growing importers of Ethylene Polymers were China ($2.5B), Vietnam ($1.21B), United Arab Emirates ($722M), Malaysia ($540M), and Singapore ($459M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Ethylene Polymers.
In 2018, market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Ethylene Polymers are explained by 24 countries.
TOP NET EXPORTER (2018): Saudi Arabia, $12.2B
TOP NET IMPORTER (2018): China, $17.9B
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Ethylene Polymers were Saudi Arabia ($12.2B), United States ($5.09B), South Korea ($3.81B), Canada ($3.12B), and Thailand ($3.09B).
In 2018, the countries that had a largest trade value in imports than in exports of Ethylene Polymers were China ($17.9B), Vietnam ($2.27B), Turkey ($2.05B), Italy ($1.78B), and Mexico ($1.69B).
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.
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