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Polymers of propylene or of other olefins, in primary forms

3902 (Harmonized System 1992 for 4-digit)

2023
World Trade $43.3BRnk 100 / 1217
2023
Top Exporter | Top Importer $5.46B | $4.99BSaudi Arabia | China
2023
Product Complexity 0.21Rnk 486 / 1044
2022 - 2023
Export Growth (CAGR) -19.9%Rnk 1037 / 1217
2023
Share of World Trade 0.19%Rnk 100 / 1217

About

Overview This page contains the latest trade data of Propylene Polymers. In 2023, Propylene Polymers were the world's 100th most traded product, with a total trade of $43.3B. Between 2022 and 2023 the exports of Propylene Polymers decreased by -19.9%, from $54.1B to $43.3B. Trade in Propylene Polymers represent 0.19% of total world trade.

Propylene Polymers are a part of Plastics & articles thereof. They include Polypropylene, Propylene copolymers, Polymers of propylene and other olefins, and Polyisobutylene.

Exports In 2023 the top exporters of Propylene Polymers  were Saudi Arabia ($5.46B), United States ($3.99B), South Korea ($3.8B), Belgium ($3.31B), and Germany ($2.96B).

Imports In 2023 the top importers of Propylene Polymers were China ($4.99B), Turkey ($2.88B), Germany ($2.8B), Italy ($2.42B), and India ($2.04B).

Ranking Propylene Polymers ranks 486th in the Product Complexity Index (PCI).

Description Polymers of propylene or other olefins are used in a variety of applications, including plastics, elastomers, fibers, and other products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Propylene 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)Saudi Arabia$5.46B
Top Destination (2023)China$4.99B

In 2023 Propylene Polymers were the world's 100th most traded product (out of 1,217).

In 2023, the top exporters of Propylene Polymers were Saudi Arabia ($5.46B), United States ($3.99B), South Korea ($3.8B), Belgium ($3.31B), and Germany ($2.96B).

In 2023, the top importers of Propylene Polymers were China ($4.99B), Turkey ($2.88B), Germany ($2.8B), Italy ($2.42B), and India ($2.04B).

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

Color
Top Origin Growth (2022 -  2023)Canada$225M
Top Destination Growth (2022 -  2023)Uzbekistan$55.1M

Between 2022 and 2023, the exports of Propylene Polymers grew the fastest in Canada ($225M), Kazakhstan ($116M), Azerbaijan ($65.8M), Malaysia ($23.1M), and Cambodia ($3.1M).

Between 2022 and 2023, the fastest growing importers of Propylene Polymers were Uzbekistan ($55.1M), Bhutan ($35.7M), Malawi ($23.3M), Azerbaijan ($13.4M), and Guinea ($7.39M).

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Exporters of Propylene Polymers (2022 - 2023)

Importers of Propylene Polymers (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.71. This means that most of the exports of Propylene Polymers are explained by 26 countries.

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Value of Exports in Propylene Polymers

Net Trade

TOP NET EXPORTER (2023)Saudi Arabia$5.31B
TOP NET IMPORTER (2023)China$3.47B

This map shows which countries export or import more of Propylene Polymers. Each country is colored based on the difference in exports and imports of Propylene Polymers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Propylene Polymers were Saudi Arabia ($5.31B), South Korea ($3.63B), United States ($2.86B), Belgium ($2.35B), and United Arab Emirates ($1.85B).

In 2023, the countries that had a largest trade value in imports than in exports of Propylene Polymers were China ($3.47B), Turkey ($2.76B), Mexico ($1.9B), India ($1.61B), and Italy ($1.58B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Propylene Polymers, disaggragated by their HS6 level were Polypropylene ($25.1B), Propylene copolymers ($14.1B), Polymers of propylene and other olefins ($3.1B), and Polyisobutylene ($1.04B)

HS6 Disaggregation for Propylene 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 Propylene Polymers.
It is possible to select the main countries that export or import Propylene Polymers in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $112M
TOP IMPORT POTENTIALCanada+ $56.2M

Propylene Polymers’s highest export potential is China. With an export gap of $112M.  Propylene Polymers’s highest import potential is Canada with an import gap of $56.2M.

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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 Propylene Polymers.

Country by Relatedness

The following visualization shows the relatedness of Propylene 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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