HS Icon Polyurethanes in primary forms

390950 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Polyurethanes in primary forms. In 2019, Polyurethanes in primary forms were the world's 456th most traded product, with a total trade of $6.92B. Between 2018 and 2019 the exports of Polyurethanes in primary forms decreased by -8.27%, from $7.54B to $6.92B. Trade in Polyurethanes in primary forms represent 0.038% of total world trade.

Exports In 2019 the top exporters of Polyurethanes in primary forms  were Germany ($1.54B), United States ($791M), China ($638M), Italy ($589M), and Chinese Taipei ($381M).

Imports In 2019 the top importers of Polyurethanes in primary forms were China ($655M), Vietnam ($428M), Germany ($414M), United States ($330M), and India ($306M).

Tariffs In 2018 the average tariff for Polyurethanes in primary forms was 4.12%, making it the 4855th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Polyurethanes in primary forms are Bermuda (25%), Maldives (13.3%), Aruba (12%), Romania (11.4%), and Nepal (9.89%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Lebanon (0%).

Ranking Polyurethanes in primary forms ranks 593rd in the Product Complexity Index (PCI).

Description Polyurethanes are often used in primary forms because they do not decompose rapidly and do not release toxic fumes. They are used in textiles, foams, and other consumer products. They are also used as sealants and insulators.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $1.54B

Top Destination (2019): China, $655M

Polyurethanes in primary forms are the world's 456th most traded product.

In 2019, the top exporters of Polyurethanes in primary forms were Germany ($1.54B), United States ($791M), China ($638M), Italy ($589M), and Chinese Taipei ($381M).

In 2019, the top importers of Polyurethanes in primary forms were China ($655M), Vietnam ($428M), Germany ($414M), United States ($330M), and India ($306M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Chinese Taipei, $37.3M

Top Destination Growth (2018 - 2019): Vietnam, $54.4M

Between 2018 and 2019, the exports of Polyurethanes in primary forms grew the fastest in Chinese Taipei ($37.3M), Turkey ($6.36M), Greece ($4.41M), Malta ($3.55M), and Vietnam ($2.7M).

Between 2018 and 2019, the fastest growing importers of Polyurethanes in primary forms were Vietnam ($54.4M), Indonesia ($6.09M), Bangladesh ($4.05M), Colombia ($3.15M), and Lebanon ($2.58M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Polyurethanes in primary forms.

In 2019,  market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Polyurethanes in primary forms are explained by 17 countries.

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TOP NET EXPORTER (2019): Germany, $1.13B

TOP NET IMPORTER (2019): Vietnam, $409M

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

In 2019, the countries that had a largest trade value in exports than in imports of Polyurethanes in primary forms were Germany ($1.13B), United States ($460M), Italy ($290M), Chinese Taipei ($265M), and South Korea ($236M).

In 2019, the countries that had a largest trade value in imports than in exports of Polyurethanes in primary forms were Vietnam ($409M), Mexico ($260M), India ($248M), Indonesia ($143M), and Canada ($142M).

Import Tariffs

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In 2018, the average tariff for importing Polyurethanes in primary forms was 4.12%. The countries with the highest tariffs for importing Polyurethanes in primary forms were Bermuda (25%), Maldives (13.3%), Aruba (12%), Romania (11.4%), and Nepal (9.89%).

Product Complexity

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Diversification Frontier

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Specialization

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.