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Polyethylene - specific gravity <0.94 in primary form

390110 (Harmonized System 1992 for 6-digit)

2022
World Trade $32.4BRnk 93 / 4648
2022
Top Exporter | Top Importer $4.81B | $5.02BSaudi Arabia | China
2022
Product Complexity 0.19Rnk 2219 / 4653
2021 - 2022
Export Growth (CAGR) -4.42%Rnk 3519 / 4648
2022
Share of World Trade 0.14%Rnk 93 / 4648

About

Overview This page contains the latest trade data of Polyethylene (specific gravity < 0.94). In 2022, Polyethylene (specific gravity < 0.94) were the world's 93rd most traded product, with a total trade of $32.4B. Between 2021 and 2022 the exports of Polyethylene (specific gravity < 0.94) decreased by -4.42%, from $33.9B to $32.4B. Trade in Polyethylene (specific gravity < 0.94) represent 0.14% of total world trade.

Polyethylene (specific gravity < 0.94) are a part of Ethylene Polymers.

Exports In 2022 the top exporters of Polyethylene (specific gravity < 0.94)  were Saudi Arabia ($4.81B), United States ($4.56B), Netherlands ($1.95B), Belgium ($1.87B), and Qatar ($1.58B).

Imports In 2022 the top importers of Polyethylene (specific gravity < 0.94) were China ($5.02B), Vietnam ($1.7B), Germany ($1.67B), Italy ($1.36B), and Turkey ($1.3B).

Ranking Polyethylene (specific gravity < 0.94) ranks 2219th in the Product Complexity Index (PCI).

Description Polyethylene is a thermoplastic polymer used in a variety of applications, such as packaging (plastic bags), containers for food and beverages, and plastic films. It is produced by polymerizing ethylene in the presence of a catalyst. Polyethylene is not biodegradable, which means it cannot be decomposed by natural processes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Polyethylene (specific gravity < 0.94). 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)Saudi Arabia$4.81B
Top Destination (2022)China$5.02B

In 2022 Polyethylene (specific gravity < 0.94) were the world's 93rd most traded product (out of 4,648).

In 2022, the top exporters of Polyethylene (specific gravity < 0.94) were Saudi Arabia ($4.81B), United States ($4.56B), Netherlands ($1.95B), Belgium ($1.87B), and Qatar ($1.58B).

In 2022, the top importers of Polyethylene (specific gravity < 0.94) were China ($5.02B), Vietnam ($1.7B), Germany ($1.67B), Italy ($1.36B), and Turkey ($1.3B).

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Exporters of Polyethylene (specific gravity < 0.94) (2022)
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Importers of Polyethylene (specific gravity < 0.94) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$761M
Top Destination Growth (2021 -  2022)Vietnam$527M

Between 2021 and 2022, the exports of Polyethylene (specific gravity < 0.94) grew the fastest in United States ($761M), Oman ($283M), Kuwait ($197M), United Arab Emirates ($158M), and Qatar ($144M).

Between 2021 and 2022, the fastest growing importers of Polyethylene (specific gravity < 0.94) were Vietnam ($527M), India ($295M), Singapore ($158M), United Arab Emirates ($94.6M), and Ireland ($79.5M).

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Exporters of Polyethylene (specific gravity < 0.94) (2021 - 2022)

Importers of Polyethylene (specific gravity < 0.94) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Polyethylene (specific gravity < 0.94).

In 2022, market concentration measured using Shannon Entropy, was 4.69. This means that most of the exports of Polyethylene (specific gravity < 0.94) are explained by 25 countries.

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Value of Exports in Polyethylene (specific gravity < 0.94)

Net Trade

TOP NET EXPORTER (2022)Saudi Arabia$4.64B
TOP NET IMPORTER (2022)China$4.59B

This map shows which countries export or import more of Polyethylene (specific gravity < 0.94). Each country is colored based on the difference in exports and imports of Polyethylene (specific gravity < 0.94) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Polyethylene (specific gravity < 0.94) were Saudi Arabia ($4.64B), United States ($3.73B), Qatar ($1.56B), Netherlands ($1.25B), and Iran ($1.1B).

In 2022, the countries that had a largest trade value in imports than in exports of Polyethylene (specific gravity < 0.94) were China ($4.59B), Vietnam ($1.66B), Turkey ($1.17B), Italy ($1.04B), and India ($854M).

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 Polyethylene (specific gravity < 0.94).
It is possible to select the main countries that export or import Polyethylene (specific gravity < 0.94) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Polyethylene (specific gravity < 0.94) 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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