HS Icon Polyacetals

3907 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $58.5B, Rnk 52 / 1217

2019
Top Exporter | Top Importer
: $6.68B | $7.55B, China | China

2019
Product Complexity
: 0.76, Rnk 235 / 961

2018 - 2019
Export Growth (CAGR)
: -8.59%, Rnk 910 / 1217

2018
Mean Tariff
: 4.87%, Rnk 841 / 1259

 2019
Share of World Trade
: 0.32%, Rnk 52 / 1217

Overview:  This page contains the latest trade data of Polyacetals. In 2019, Polyacetals were the world's 52nd most traded product, with a total trade of $58.5B. Between 2018 and 2019 the exports of Polyacetals decreased by -8.59%, from  $64B to $58.5B. Trade in Polyacetals represent 0.32% of total world trade.

Exports: In 2019 the top exporters of Polyacetals  were China ($6.68B), Germany ($5.72B), United States ($5.56B), South Korea ($4.93B), and Netherlands ($4.23B).

Imports: In 2019 the top importers of Polyacetals were China ($7.55B), Germany ($3.92B), United States ($3.15B), Japan ($2.37B), and Italy ($2.36B).

Tariffs: In 2018 the average tariff for Polyacetals was 4.87%, making it the 841st lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Polyacetals are Bahamas (40.7%), Bermuda (25%), Maldives (19.7%), Pakistan (13.5%), and Romania (13.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Lebanon (0%).

Ranking: Polyacetals ranks 235th in the Product Complexity Index (PCI).

Description: Polyacetals are used in the manufacture of products such as pipes, tubing, hoses, wire and cable insulation, and electrical connectors. Polyethers are used in the manufacture of polyurethane foam, which is used in insulation and furniture. Epoxide resins are used in the manufacture of coatings, adhesives, sealants, and other products. Polycarbonates are used in the manufacture of plastic lenses, windows, compact discs, and other products. Alkyd resins are used in the manufacture of paints, varnishes, and other products. Polyallyl esters are used in the manufacture of plasticizers, which are used in the manufacture of plastic products.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $6.68B

Top Destination (2019): China, $7.55B

Polyacetals are the world's 52nd most traded product.

In 2019, the top exporters of Polyacetals were China ($6.68B), Germany ($5.72B), United States ($5.56B), South Korea ($4.93B), and Netherlands ($4.23B).

In 2019, the top importers of Polyacetals were China ($7.55B), Germany ($3.92B), United States ($3.15B), Japan ($2.37B), and Italy ($2.36B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $272M

Top Destination Growth (2018 - 2019): Saudi Arabia, $39.1M

Between 2018 and 2019, the exports of Polyacetals grew the fastest in Vietnam ($272M), Egypt ($204M), Turkey ($111M), Malaysia ($48.4M), and Saudi Arabia ($35.8M).

Between 2018 and 2019, the fastest growing importers of Polyacetals were Saudi Arabia ($39.1M), Brazil ($32.7M), Netherlands ($28.9M), Ghana ($26.2M), and Uzbekistan ($25.8M).

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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 Polyacetals.

In 2019,  market concentration measured using Shannon Entropy, was 4.61. This means that most of the exports of Polyacetals are explained by 24 countries.

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TOP NET EXPORTER (2019): South Korea, $3.84B

TOP NET IMPORTER (2019): Mexico, $1.39B

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

In 2019, the countries that had a largest trade value in exports than in imports of Polyacetals were South Korea ($3.84B), Chinese Taipei ($3.05B), Netherlands ($2.78B), United States ($2.41B), and Germany ($1.8B).

In 2019, the countries that had a largest trade value in imports than in exports of Polyacetals were Mexico ($1.39B), Vietnam ($1.26B), France ($1.01B), Hong Kong ($940M), and Poland ($911M).

Disaggregation

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Value

In 2019, the world most traded Polyacetals, disaggragated by their HS6 level were Polyethylene terephthalate, in primary forms ($14.2B), Polyethers nes, in primary forms ($12.8B), Polycarbonates, in primary forms ($10.4B), Polyesters nes, in primary forms ($9.18B), and Epoxide resins, in primary forms ($6.26B)

Import Tariffs

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In 2018, the average tariff for importing Polyacetals was 4.87%.  The countries with the highest tariffs for importing Polyacetals were Bahamas (40.7%), Bermuda (25%), Maldives (19.7%), Pakistan (13.5%), and Romania (13.3%).

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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.