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Petroleum resins and other polymers: top exporters and importers (2024)

In 2024, world trade in petroleum resins and other polymers totaled $7.4 billion (2.3 million tonnes). The top exporters were China (18%), the United States (15%) and Germany (15%); the top importers were China (10%), the United States (9%) and Germany (8%). Compared with 2019, the value rose 10%.

Summary

World trade
$7.4billion
Tonnes
2.3million tonnes
Price per tonne
$3,218
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.3 billion · 17.7%
  2. United States$1.1 billion · 15.1%
  3. Germany$1.1 billion · 14.6%
  4. Japan$698 million · 9.4%
  5. South Korea$680 million · 9.2%
  6. France$368 million · 5%
  7. Netherlands$313 million · 4.2%
    re-exports
  8. Belgium$251 million · 3.4%
    re-exports
  9. Italy$191 million · 2.6%
  10. Taiwan$172 million · 2.3%
  11. Singapore$164 million · 2.2%
    re-exports
  12. United Kingdom$160 million · 2.2%
  13. India$112 million · 1.5%
  14. Canada$90 million · 1.2%
  15. Thailand$84 million · 1.1%
  16. Spain$76 million · 1%
  17. Azerbaijan$74 million · 0.99%
  18. Malaysia$60 million · 0.81%
  19. Austria$54 million · 0.72%
  20. Portugal$39 million · 0.52%

Top importers

  1. China$770 million · 10.4%
  2. United States$647 million · 8.7%
  3. Germany$569 million · 7.7%
  4. Italy$367 million · 4.9%
  5. Japan$337 million · 4.5%
  6. Netherlands$335 million · 4.5%
    re-exports
  7. Belgium$302 million · 4.1%
    re-exports
  8. France$297 million · 4%
  9. India$273 million · 3.7%
  10. Mexico$239 million · 3.2%
  11. South Korea$210 million · 2.8%
  12. Spain$203 million · 2.7%
  13. United Kingdom$194 million · 2.6%
  14. Turkey$163 million · 2.2%
  15. Poland$159 million · 2.1%
  16. Brazil$153 million · 2.1%
  17. Canada$140 million · 1.9%
  18. Thailand$137 million · 1.9%
  19. Vietnam$131 million · 1.8%
  20. Taiwan$126 million · 1.7%

Trend

Who sells it

China has been the top exporter since 2023

Value in USD billions. The five largest exporters in 2024.

  • China 1.3
  • United States 1.1
  • Germany 1.1
  • Japan 0.7
  • South Korea 0.68

Source: CEPII BACI

Show the numbers
Country19952024
China0.011.3
United States0.421.1
Germany0.921.1
Japan0.20.7
South Korea0.020.68

Price

Implied price

The price per tonne rose 20% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $3,218

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$2,688
1996$2,401
1997$2,330
1998$2,297
1999$2,151
2000$2,131
2001$2,386
2002$2,111
2003$2,286
2004$2,490
2005$2,698
2006$2,818
2007$3,087
2008$3,479
2009$2,941
2010$3,154
2011$3,750
2012$3,823
2013$3,665
2014$3,716
2015$3,429
2016$3,337
2017$3,309
2018$3,505
2019$3,364
2020$3,304
2021$3,397
2022$3,785
2023$3,353
2024$3,218

What it includes

  • 3911 · Petroleum resins and other polymers

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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