Category Archives: ITP News

Vietnam Statistics Added to All ITP World Trade Analyses

After a hiatus of several years, the government of Vietnam has begun publishing monthly trade statistics. These were extensively vetted to remove apparent reporting errors before adding them to ITP’s numerous trade tools. Previously, Vietnam’s trade had been derived from trading partner statistics. This derived trade accounted for about 90% of the actual reported totals for most products, with the difference due mainly to the lack of statistics from non-reporting countries.

Long-term Trends in Imports and Exports for Every Country and Region are Revealed in ITP’s New Trade Archive From 2010

The new Trade Archive is a resource of historic volume, price and trading partner information for every country and region from 2010.

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New Focus on Middle East Trade

Several countries in the Middle East do not publish timely statistics on their exports or imports. Most of their trade, however, is visible from the imports and exports of trading partners. The 100 reporting countries in ITP’s data base are estimated to capture from 75%-95% of actual trade. ITP’s World Trade Reports now show Middle East trade by trading partner, including monthly quantity, average PPT and cumulative volume for: Israel, Iran, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates.

All Available Countries Added to ITP’s World Trade Reports and Matrixes

Not all countries publish their trade statistics. All those that do, however, are included in ITP’s World Trade Reports and Matrixes, providing the most comprehensive coverage possible for liquefied gases, olefins, polyolefins, other major polymers, recyclable polymers, synthetic rubber products, vinyl monomers and others. ITP’s database now contains 100 countries and will be expanded as more countries become available.

ITP Now Follows Global Trade in Two New World Trade Reports on: PET Bottle Grade, and, PET Film and Fiber Grade.

ITP’s current PET World Trade Report combines these products for historic continuity. In 2017, the World Customs Organization created new Harmonized System codes that separately identified bottle grade polyethylene terephthalate with a viscosity equal to or greater than 78 ml/g and PET with a viscosity less than 78 ml/g, generally used in film and fiber. ITP now follows these products separately, as well as combined. In 2019, ITP analyzed nearly 9 million tons of trade in bottle grade PET in 2019 and 4 million tons of PET for film and fiber.