Tag Archives: China

Global Trade in PE Film/Sheet and PE Bags/Sacks Continued Trending Higher in 2025 Despite Bans on Single-Use Products.

Global trade in PE film/sheet rose 8% in 2025, to 7.4 million tons; trade in PE bags/sacks grew by 6%, to 5 million tons. This followed gains of about 6% per product in 2024 vs 2023.

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US Polyethylene Exports Increased Again in 2025, on Gains to Latin America, Western Europe and Other Regions.

US exports of polyethylene, all grades combined, reached 15.7 million tons in 2025, up from 13.8 million tons in 2023, based on US export statistics.

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Global Trade in Virgin PET Polymer Soared in 2025; Trade in Recyclable PET Shrank

China’s aggressive PET export expansion, the resulting oversupply and low prices, together with high operating costs and scaled back use of recycle content by brands, were factors reducing global trade in 2025 in recyclable PET to its lowest level in several years, and, the announcement of several rPET plant closures.

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United States Imports of PET Sank in November 2025 As Reciprocal Tariffs Hit Supplies From Vietnam, Thailand, and Others

US imports slowed from 132,000 tons in September to 117,000 tons in October, then plunged to 77,000 tons in November.

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China Increasingly Dominates PET Trade – China’s Exports Accounted for 45% of the Total Volume of PET Traded Globally in 2025, Up From 23% in 2020

Massive capacity expansion in China has led to growing exports to Asia-Pacific, Africa, Latin America, and Eastern Europe.

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China Surged Past the United States in 2025 to Become the World’s Largest PVC Exporter, Accounting for 24% of Total Global Trade Volume

China exported aggressively within Asia-Pacific and to Africa, Eastern Europe, and the Middle East.

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China’s Changing Role in Global Polyethylene Trade

China continues as the world’s largest PE importer but its percentage share of global trade volume has fallen over the 2020-2025 period. China’s imports are projected to decline further; China’s exports, to increase.

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Projected Trends in Global Trade Volume in 2025 Versus 2024: Bisphenol A, -12%; Polycarbonate Polymer, up 2%; Polycarbonate Film/Sheet, up 10%

New capacity, government regulations, and demand in diverse industries impacted global trade in the BPA to PC film/sheet product train.

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Implications of Venezuela’s Rising Imports of Polyethylene

Venezuela’s imports of polyethylene have risen over most of the 2010-2025 period while exports have been negligible. The dramatic United States military intervention in Venezuela on January 3, 2026 and the stated US intention to upgrade the country’s oil industry raises the possibility that a corollary upgrade of the country’s petrochemical capacity may also be considered.

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