HS Icon Plastic Building Materials

3925 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $12B, Rnk 284 / 1217

2019
Top Exporter | Top Importer
: $2.11B | $1.96B, China | United States

2019
Product Complexity
: 0.15, Rnk 481 / 961

2018 - 2019
Export Growth (CAGR)
: 1.26%, Rnk 314 / 1217

2018
Mean Tariff
: 12.4%, Rnk 300 / 1259

 2019
Share of World Trade
: 0.066%, Rnk 284 / 1217

Overview:  This page contains the latest trade data of Plastic Building Materials. In 2019, Plastic Building Materials were the world's 284th most traded product, with a total trade of $12B. Between 2018 and 2019 the exports of Plastic Building Materials grew by 1.26%, from  $11.9B to $12B. Trade in Plastic Building Materials represent 0.066% of total world trade.

Exports: In 2019 the top exporters of Plastic Building Materials  were China ($2.11B), Germany ($1.7B), Poland ($1.15B), Canada ($595M), and United States ($579M).

Imports: In 2019 the top importers of Plastic Building Materials were United States ($1.96B), Germany ($1.02B), France ($916M), Netherlands ($523M), and United Kingdom ($518M).

Tariffs: In 2018 the average tariff for Plastic Building Materials was 12.4%, making it the 300th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Plastic Building Materials are Sudan (35%), Zimbabwe (33.7%), Iran (30%), Angola (30%), and Nepal (30%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Peru (1.33%).

Ranking: Plastic Building Materials ranks 481st in the Product Complexity Index (PCI).

Description: Builders' ware is used in a variety of ways. They are used for building construction, as well as for other purposes like the production of furniture and other household items.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $2.11B

Top Destination (2019): United States, $1.96B

Plastic Building Materials are the world's 284th most traded product.

In 2019, the top exporters of Plastic Building Materials were China ($2.11B), Germany ($1.7B), Poland ($1.15B), Canada ($595M), and United States ($579M).

In 2019, the top importers of Plastic Building Materials were United States ($1.96B), Germany ($1.02B), France ($916M), Netherlands ($523M), and United Kingdom ($518M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $127M

Top Destination Growth (2018 - 2019): United States, $82.9M

Between 2018 and 2019, the exports of Plastic Building Materials grew the fastest in China ($127M), Vietnam ($55.9M), Cambodia ($36.8M), Mexico ($25.5M), and India ($22.6M).

Between 2018 and 2019, the fastest growing importers of Plastic Building Materials were United States ($82.9M), Vietnam ($32.6M), Saudi Arabia ($21.8M), Netherlands ($20.4M), and Belgium ($20.2M).

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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 Plastic Building Materials.

In 2019,  market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Plastic Building Materials are explained by 24 countries.

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TOP NET EXPORTER (2019): China, $2.04B

TOP NET IMPORTER (2019): United States, $1.38B

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

In 2019, the countries that had a largest trade value in exports than in imports of Plastic Building Materials were China ($2.04B), Poland ($896M), Germany ($679M), Turkey ($233M), and Canada ($205M).

In 2019, the countries that had a largest trade value in imports than in exports of Plastic Building Materials were United States ($1.38B), France ($585M), Switzerland ($317M), United Kingdom ($232M), and Netherlands ($228M).

Disaggregation

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Value

In 2019, the world most traded Plastic Building Materials, disaggragated by their HS6 level were Plastic builders' ware nes ($6.1B), Plastic doors and windows and frames... ($3.14B), Plastic shutters and blinds (including Venetian) ($1.8B), and Plastic reservoirs, tanks, vats, etc, capacity... ($964M)

Import Tariffs

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In 2018, the average tariff for importing Plastic Building Materials was 12.4%.  The countries with the highest tariffs for importing Plastic Building Materials were Sudan (35%), Zimbabwe (33.7%), Iran (30%), Angola (30%), and Nepal (30%).

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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.