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Silicones in primary forms

391000 (Harmonized System 1992 for 6-digit)

2023
World Trade $8.08BRnk 460 / 4644
2023
Top Exporter | Top Importer $1.68B | $791MGermany | China
2023
Product Complexity 1.6Rnk 120 / 4656
2022 - 2023
Export Growth (CAGR) -26.7%Rnk 4095 / 4644
2023
Share of World Trade 0.036%Rnk 460 / 4644

About

Overview This page contains the latest trade data of Silicones, primary forms. In 2023, Silicones, primary forms were the world's 460th most traded product, with a total trade of $8.08B. Between 2022 and 2023 the exports of Silicones, primary forms decreased by -26.7%, from $11B to $8.08B. Trade in Silicones, primary forms represent 0.036% of total world trade.

Silicones, primary forms are a part of Silicone.

Exports In 2023 the top exporters of Silicones, primary forms  were Germany ($1.68B), United States ($1.37B), China ($1.29B), Japan ($869M), and Belgium ($423M).

Imports In 2023 the top importers of Silicones, primary forms were China ($791M), United States ($686M), Germany ($502M), South Korea ($413M), and Netherlands ($410M).

Ranking Silicones, primary forms ranks 120th in the Product Complexity Index (PCI).

Description Silicone is most often used in hair care products as a conditioner. It can also be used as an anti-static agent, and to seal hair follicles. Silicone is also used in skin care products, for instance, as a moisturizer and a sunscreen. Silicone grease is often used as a lubricant.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Silicones, primary forms. 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)Germany$1.68B
Top Destination (2023)China$791M

In 2023 Silicones, primary forms were the world's 460th most traded product (out of 4,644).

In 2023, the top exporters of Silicones, primary forms were Germany ($1.68B), United States ($1.37B), China ($1.29B), Japan ($869M), and Belgium ($423M).

In 2023, the top importers of Silicones, primary forms were China ($791M), United States ($686M), Germany ($502M), South Korea ($413M), and Netherlands ($410M).

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Exporters of Silicones, primary forms (2023)
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Importers of Silicones, primary forms (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$10.4M
Top Destination Growth (2022 -  2023)Romania$15.6M

Between 2022 and 2023, the exports of Silicones, primary forms grew the fastest in Singapore ($10.4M), Romania ($4.22M), Switzerland ($3.86M), Turkey ($3.23M), and Latvia ($2.44M).

Between 2022 and 2023, the fastest growing importers of Silicones, primary forms were Romania ($15.6M), Hungary ($5.24M), Algeria ($2.34M), Iceland ($2.28M), and Mauritius ($1.6M).

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Exporters of Silicones, primary forms (2022 - 2023)

Importers of Silicones, primary forms (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Silicones, primary forms.

In 2023, market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Silicones, primary forms are explained by 12 countries.

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Value of Exports in Silicones, primary forms

Net Trade

TOP NET EXPORTER (2023)Germany$1.18B
TOP NET IMPORTER (2023)Mexico$306M

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

In 2023, the countries that had a largest trade value in exports than in imports of Silicones, primary forms were Germany ($1.18B), United States ($684M), Japan ($677M), China ($495M), and Belgium ($240M).

In 2023, the countries that had a largest trade value in imports than in exports of Silicones, primary forms were Mexico ($306M), India ($238M), Italy ($233M), South Korea ($195M), and Brazil ($169M).

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 Silicones, primary forms.
It is possible to select the main countries that export or import Silicones, primary forms in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Silicones, primary forms 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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