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Pricing

Phenolic resins, in primary forms

390940 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.35BRnk 1344 / 4648
2022
Top Exporter | Top Importer $232M | $323MGermany | China
2022
Product Complexity 1.4Rnk 257 / 4653
2021 - 2022
Export Growth (CAGR) -3.02%Rnk 3377 / 4648
2022
Share of World Trade 0.0099%Rnk 1344 / 4648

About

Overview This page contains the latest trade data of Phenolic resins. In 2022, Phenolic resins were the world's 1344th most traded product, with a total trade of $2.35B. Between 2021 and 2022 the exports of Phenolic resins decreased by -3.02%, from $2.42B to $2.35B. Trade in Phenolic resins represent 0.0099% of total world trade.

Phenolic resins are a part of Amino-resins.

Exports In 2022 the top exporters of Phenolic resins  were Germany ($232M), United States ($231M), China ($225M), Japan ($215M), and Belgium ($132M).

Imports In 2022 the top importers of Phenolic resins were China ($323M), Germany ($209M), United States ($131M), France ($94.2M), and Canada ($92.6M).

Ranking Phenolic resins ranks 257th in the Product Complexity Index (PCI).

Description Phenolic resins are used in many industries as a protective coating and for its fire-retardant properties. It is also used in production of many synthetic fibers, plastics, and paints.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Phenolic resins. 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 (2022)Germany$232M
Top Destination (2022)China$323M

In 2022 Phenolic resins were the world's 1344th most traded product (out of 4,648).

In 2022, the top exporters of Phenolic resins were Germany ($232M), United States ($231M), China ($225M), Japan ($215M), and Belgium ($132M).

In 2022, the top importers of Phenolic resins were China ($323M), Germany ($209M), United States ($131M), France ($94.2M), and Canada ($92.6M).

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Exporters of Phenolic resins (2022)
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Importers of Phenolic resins (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Poland$20.4M
Top Destination Growth (2021 -  2022)Germany$23.5M

Between 2021 and 2022, the exports of Phenolic resins grew the fastest in Poland ($20.4M), United Kingdom ($14.7M), India ($14.3M), China ($10.9M), and Austria ($9.77M).

Between 2021 and 2022, the fastest growing importers of Phenolic resins were Germany ($23.5M), United Arab Emirates ($14M), Netherlands ($9.12M), Saudi Arabia ($8.9M), and United States ($8.81M).

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Exporters of Phenolic resins (2021 - 2022)

Importers of Phenolic resins (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Phenolic resins.

In 2022, market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Phenolic resins are explained by 22 countries.

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Value of Exports in Phenolic resins

Net Trade

TOP NET EXPORTER (2022)Japan$168M
TOP NET IMPORTER (2022)China$98.4M

This map shows which countries export or import more of Phenolic resins. Each country is colored based on the difference in exports and imports of Phenolic resins during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Phenolic resins were Japan ($168M), Belgium ($110M), United States ($99.7M), United Kingdom ($72.8M), and Chinese Taipei ($68.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Phenolic resins were China ($98.4M), Thailand ($63.7M), Mexico ($63.3M), Netherlands ($60.4M), and Vietnam ($44.6M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Phenolic resins by percentage of total exports

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 (2022)

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