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Putty and sealants: top exporters and importers (2024)

In 2024, world trade in putty and sealants totaled $11.2 billion (7.1 million tonnes). The top exporters were Germany (19%), the United States (11%) and China (7%); the top importers were Germany (7%), the United States (5%) and France (5%). Compared with 2019, the value rose 28%.

Summary

World trade
$11.2billion
Tonnes
7.1million tonnes
Price per tonne
$1,565
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$2.2 billion · 19.3%
  2. United States$1.2 billion · 10.9%
  3. China$748 million · 6.7%
  4. Belgium$738 million · 6.6%
    re-exports
  5. France$477 million · 4.3%
  6. Switzerland$451 million · 4%
  7. Turkey$442 million · 4%
  8. Japan$424 million · 3.8%
  9. Poland$408 million · 3.7%
  10. Netherlands$406 million · 3.6%
    re-exports
  11. Italy$369 million · 3.3%
  12. United Kingdom$349 million · 3.1%
  13. South Korea$317 million · 2.8%
  14. Austria$191 million · 1.7%
  15. Spain$171 million · 1.5%
  16. Malaysia$163 million · 1.5%
  17. Canada$149 million · 1.3%
  18. Estonia$133 million · 1.2%
  19. Slovenia$124 million · 1.1%
  20. Czechia$121 million · 1.1%

Top importers

  1. Germany$741 million · 6.6%
  2. United States$613 million · 5.5%
  3. France$507 million · 4.5%
  4. United Kingdom$467 million · 4.2%
  5. China$454 million · 4.1%
  6. Canada$416 million · 3.7%
  7. Mexico$360 million · 3.2%
  8. Italy$327 million · 2.9%
  9. Netherlands$293 million · 2.6%
    re-exports
  10. Belgium$277 million · 2.5%
    re-exports
  11. Poland$272 million · 2.4%
  12. Turkey$255 million · 2.3%
  13. Spain$215 million · 1.9%
  14. Saudi Arabia$203 million · 1.8%
  15. Switzerland$202 million · 1.8%
  16. Australia$190 million · 1.7%
  17. Czechia$180 million · 1.6%
  18. Taiwan$180 million · 1.6%
  19. India$167 million · 1.5%
  20. Thailand$155 million · 1.4%

Trend

Who sells it

Germany was the top exporter throughout the period

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

  • Germany 2.2
  • United States 1.2
  • China 0.75
  • Belgium 0.74
  • France 0.48

Source: CEPII BACI

Show the numbers
Country19952024
Germany0.52.2
United States0.31.2
China< 0.010.75
Belgium0.160.74
France0.130.48

Price

Implied price

The price per tonne rose 9% since 1995

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

  • 2024: $1,565

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,440
1996$1,383
1997$1,239
1998$1,159
1999$1,114
2000$1,020
2001$925
2002$984
2003$1,090
2004$1,073
2005$1,166
2006$1,181
2007$1,179
2008$1,233
2009$1,256
2010$1,367
2011$1,551
2012$1,455
2013$1,439
2014$1,477
2015$1,382
2016$1,344
2017$1,414
2018$1,474
2019$1,385
2020$1,338
2021$1,420
2022$1,574
2023$1,559
2024$1,565

What it includes

  • 3214 · Putty and sealants

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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