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2023
Exports $2.13BWorld Rnk 12 / 173
Flag Rnk 261 / 1215
2023
Destination $69.1M Vietnam
2022 - 2023
FASTEST GROWING MARKET $69.1MVietnam
2023
PRODUCT COMPLEXITY IN Ethylene Polymers-0.16Rnk 608 / 1025
2023
Imports $19.4BWorld Rnk 1 / 215
Flag Rnk 19 / 1214
2023
Origin $1.21B South Korea
2022 - 2023
FASTEST GROWING ORIGIN $1.21BUnited States
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.13B in Ethylene Polymers, making it the 12th largest exporter of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 261st most exported product in China. The main destination of Ethylene Polymers exports from China are: Vietnam ($251M), Russia ($191M), India ($117M), Bangladesh ($103M), and Saudi Arabia ($80.6M).

The fastest growing export markets for Ethylene Polymers of China between 2022 and 2023 were Vietnam ($69.1M), Russia ($41.2M), and Bangladesh ($36.1M).

Imports In 2023, China imported $19.4B in Ethylene Polymers, becoming the 1st largest importer of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 19th most imported product in China. China imports Ethylene Polymers primarily from: South Korea ($3.18B), United States ($2.95B), Saudi Arabia ($2.47B), United Arab Emirates ($1.65B), and Thailand ($1.59B).

The fastest growing import markets in Ethylene Polymers for China between 2022 and 2023 were United States ($1.21B), Indonesia ($180M), and Spain ($125M).

COMPANIES In 2024, leading companies such as Mystic Apparel (11), Amazon (2), and Ford Motor Company (1) were at the forefront of shipping Ethylene Polymers from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Ethylene Polymers exports accounted up to $203M and imports accounted up to $1.68B, resulting in a negative trade balance of $1.48B. Between December 2023 and December 2024 the exports of China's   Ethylene Polymers have increased by $3.08M (1.54%) from $200M to $203M, while imports decreased by $-35.7M (-2.07%) from $1.72B to $1.68B.

Destinations In December 2024, Ethylene Polymers were exported mostly to Vietnam ($23M), Russia ($11.9M), Philippines ($8.09M), Indonesia ($7.17M), and United States ($6.68M), and were imported mostly from South Korea ($238M), United States ($227M), United Arab Emirates ($223M), Saudi Arabia ($209M), and Singapore ($130M).

Growth In December 2024, the increase in Ethylene Polymers's year-by-year exports was explained primarily by an increase in exports to Vietnam ($13.8M or 134%), Bangladesh ($4.35M or 123%), and Thailand ($4.31M or 117%). In December 2024, the decrease in Ethylene Polymers's year-by-year imports was explained primarily by a decrease in imports from Iran ($-34.7M or -28.2%), Thailand ($-19.4M or -18.3%), and Qatar ($-16.7M or -34.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$3.08M(1.54%)
IMPORT GROWTH (December 2023 - December 2024)$-35.7M(-2.07%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Vietnam$23M

This section shows Ethylene Polymers's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Ethylene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.13B
IMPORTS (2023)$19.4B
NET TRADE (2023)-$17.3B

In 2023, China exported $2.13B in Ethylene Polymers. The main destinations of China exports on Ethylene Polymers were Vietnam ($251M), Russia ($191M), India ($117M), Bangladesh ($103M), and Saudi Arabia ($80.6M).

In 2023, China imported $19.4B in Ethylene Polymers, mainly from South Korea ($3.18B), United States ($2.95B), Saudi Arabia ($2.47B), United Arab Emirates ($1.65B), and Thailand ($1.59B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ethylene Polymers EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$69.1M (38.1%)
Russia$41.2M (27.6%)
Bangladesh$36.1M (54.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ethylene Polymers BY China WERE (2022 - 2023):
Germany-$55.4M (-69.5%)
Hong Kong-$49.3M (-68.3%)
United States-$46.3M (-52.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Ethylene Polymers were:
United States $15.8B
Saudi Arabia $10.5B
South Korea $5.55B
In 2023, China's main importing competitors in Ethylene Polymers were:
India $4.85B
United States $4.1B

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Trade Value of Ethylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $137M
TOP IMPORT POTENTIALUnited States+ $557M

Ethylene Polymers’s highest export potential is India. With an export gap of $137M.   Ethylene Polymers’s highest import potential is United States with an import gap of $557M.

See methodology.

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