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Polyethylene - specific gravity >0.94 in primary form

390120 (Harmonized System 1992 for 6-digit)

2023
World Trade $29.3BRnk 105 / 4644
2023
Top Exporter | Top Importer $4.47B | $5.13BUnited States | China
2023
Product Complexity -0.016Rnk 2572 / 4656
2022 - 2023
Export Growth (CAGR) -17.4%Rnk 3456 / 4644
2023
Share of World Trade 0.13%Rnk 105 / 4644

About

Overview This page contains the latest trade data of Polyethylene (specific gravity > 0.94). In 2023, Polyethylene (specific gravity > 0.94) were the world's 105th most traded product, with a total trade of $29.3B. Between 2022 and 2023 the exports of Polyethylene (specific gravity > 0.94) decreased by -17.4%, from $35.4B to $29.3B. Trade in Polyethylene (specific gravity > 0.94) represent 0.13% of total world trade.

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

Exports In 2023 the top exporters of Polyethylene (specific gravity > 0.94)  were United States ($4.47B), Saudi Arabia ($4.39B), United Arab Emirates ($2.52B), South Korea ($1.78B), and Germany ($1.52B).

Imports In 2023 the top importers of Polyethylene (specific gravity > 0.94) were China ($5.13B), India ($2.14B), United States ($1.44B), Turkey ($1.22B), and Germany ($1.22B).

Ranking Polyethylene (specific gravity > 0.94) ranks 2572nd in the Product Complexity Index (PCI).

Description Polyethylene is used in construction of various objects, such as piping and hoses, and is used in coating materials to prevent corrosion. Polyethylene is also used for packaging.

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 (2023)United States$4.47B
Top Destination (2023)China$5.13B

In 2023 Polyethylene (specific gravity > 0.94) were the world's 105th most traded product (out of 4,644).

In 2023, the top exporters of Polyethylene (specific gravity > 0.94) were United States ($4.47B), Saudi Arabia ($4.39B), United Arab Emirates ($2.52B), South Korea ($1.78B), and Germany ($1.52B).

In 2023, the top importers of Polyethylene (specific gravity > 0.94) were China ($5.13B), India ($2.14B), United States ($1.44B), Turkey ($1.22B), and Germany ($1.22B).

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Exporters of Polyethylene (specific gravity > 0.94) (2023)
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Importers of Polyethylene (specific gravity > 0.94) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Oman$82.4M
Top Destination Growth (2022 -  2023)India$713M

Between 2022 and 2023, the exports of Polyethylene (specific gravity > 0.94) grew the fastest in Oman ($82.4M), China ($82.1M), Portugal ($58M), Azerbaijan ($36.5M), and Indonesia ($25.7M).

Between 2022 and 2023, the fastest growing importers of Polyethylene (specific gravity > 0.94) were India ($713M), Ukraine ($62.1M), Nigeria ($36.2M), Algeria ($25.7M), and Uzbekistan ($24.8M).

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Exporters of Polyethylene (specific gravity > 0.94) (2022 - 2023)

Importers of Polyethylene (specific gravity > 0.94) (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Polyethylene (specific gravity > 0.94) are explained by 23 countries.

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Value of Exports in Polyethylene (specific gravity > 0.94)

Net Trade

TOP NET EXPORTER (2023)Saudi Arabia$4.28B
TOP NET IMPORTER (2023)China$4.63B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Polyethylene (specific gravity > 0.94) were Saudi Arabia ($4.28B), United States ($3.03B), United Arab Emirates ($2.07B), South Korea ($1.69B), and Thailand ($1.01B).

In 2023, the countries that had a largest trade value in imports than in exports of Polyethylene (specific gravity > 0.94) were China ($4.63B), India ($2B), Turkey ($1.11B), Mexico ($708M), and United Kingdom ($642M).

Net Trade (2023)

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 (2023)

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