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Polymers of ethylene, in primary forms

3901 (Harmonized System 1992 for 4-digit)

2023
World Trade $85.2BRnk 42 / 1217
2023
Top Exporter | Top Importer $15.8B | $19.4BUnited States | China
2023
Product Complexity -0.11Rnk 608 / 1044
2022 - 2023
Export Growth (CAGR) -19.7%Rnk 1033 / 1217
2023
Share of World Trade 0.38%Rnk 42 / 1217

About

Overview This page contains the latest trade data of Ethylene Polymers. In 2023, Ethylene Polymers were the world's 42nd most traded product, with a total trade of $85.2B. Between 2022 and 2023 the exports of Ethylene Polymers decreased by -19.7%, from $106B to $85.2B. Trade in Ethylene Polymers represent 0.38% of total world trade.

Ethylene Polymers are a part of Plastics & articles thereof. They include Polyethylene (specific gravity < 0.94), Polyethylene (specific gravity > 0.94), Other polymers of ethylene, and Ethylene-vinyl acetate copolymers.

Exports In 2023 the top exporters of Ethylene Polymers  were United States ($15.8B), Saudi Arabia ($10.5B), South Korea ($5.55B), Belgium ($4.29B), and Canada ($4.27B).

Imports In 2023 the top importers of Ethylene Polymers were China ($19.4B), India ($4.85B), United States ($4.1B), Germany ($3.42B), and Turkey ($2.98B).

Ranking Ethylene Polymers ranks 608th in the Product Complexity Index (PCI).

Description Polymers of ethylene are used in the production of plastic bags, toys, and plastic containers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ethylene Polymers. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$15.8B
Top Destination (2023)China$19.4B

In 2023 Ethylene Polymers were the world's 42nd most traded product (out of 1,217).

In 2023, the top exporters of Ethylene Polymers were United States ($15.8B), Saudi Arabia ($10.5B), South Korea ($5.55B), Belgium ($4.29B), and Canada ($4.27B).

In 2023, the top importers of Ethylene Polymers were China ($19.4B), India ($4.85B), United States ($4.1B), Germany ($3.42B), and Turkey ($2.98B).

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Exporters of Ethylene Polymers (2023)
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Importers of Ethylene Polymers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$188M
Top Destination Growth (2022 -  2023)India$659M

Between 2022 and 2023, the exports of Ethylene Polymers grew the fastest in Indonesia ($188M), Malaysia ($26.5M), Norway ($15M), Gambia ($9.35M), and Azerbaijan ($5.19M).

Between 2022 and 2023, the fastest growing importers of Ethylene Polymers were India ($659M), Ukraine ($53.1M), Uzbekistan ($39.6M), Malawi ($29.1M), and Oman ($23.1M).

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Exporters of Ethylene Polymers (2022 - 2023)

Importers of Ethylene Polymers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ethylene Polymers.

In 2023, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Ethylene Polymers are explained by 23 countries.

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Value of Exports in Ethylene Polymers

Net Trade

TOP NET EXPORTER (2023)United States$11.7B
TOP NET IMPORTER (2023)China$17.3B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ethylene Polymers were United States ($11.7B), Saudi Arabia ($10B), South Korea ($5.11B), Thailand ($2.86B), and Canada ($2.82B).

In 2023, the countries that had a largest trade value in imports than in exports of Ethylene Polymers were China ($17.3B), India ($4.36B), Turkey ($2.64B), Vietnam ($2.14B), and Mexico ($2.06B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Ethylene Polymers, disaggragated by their HS6 level were Polyethylene (specific gravity > 0.94) ($29.3B), Polyethylene (specific gravity < 0.94) ($25.4B), Other polymers of ethylene ($24.6B), and Ethylene-vinyl acetate copolymers ($5.85B)

HS6 Disaggregation for Ethylene Polymers (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Ethylene Polymers.
It is possible to select the main countries that export or import Ethylene Polymers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ethylene Polymers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $185M
TOP IMPORT POTENTIALUnited States+ $151M

Ethylene Polymers’s highest export potential is China. With an export gap of $185M.  Ethylene Polymers’s highest import potential is United States with an import gap of $151M.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Ethylene Polymers.

Country by Relatedness

The following visualization shows the relatedness of Ethylene Polymers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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