Western Europe’s exports soared as lower domestic demand reduced intra-regional trade flows and imports. Other exporting regions also increased shipments in 2020. Asia-Pacific and Eastern Europe saw strong import growth.Continue reading
Lower imports into Asia-Pacific’s two top markets, Korea and China, were reflected in the region’s trade in 2018. Imports from other regions were down and intra-regional trade volume was flat with the prior year.Continue reading
Western Europe is the world’s largest exporter of butadiene, shipping nearly 500,000 tons in 2018, up 14% partly on a jump in exports to North America.Continue reading
On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.Continue reading
The March 1 deadline for an increase from 10% to 25% in tariffs by the US on $200 Billion of imports from China has been postponed, but tariffs on many polymers and chemicals put in place earlier by both countries remain.Continue reading
Butadiene global trade in 2017 was 2.7 million tons, up 7% from 2016.
Butadiene trade totaled over 1.3 million tons in the first half of 2017, up 8% from the same period in 2016. Prominent trends included increased imports into Asia-Pacific and expanded trade within the region, a strong increase in exports from Latin America, and lower exports from Western Europe.
Substantially higher butadiene export from Western Europe and Latin America were prominent trade trends through May, 2016.
Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year. These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading