As of February 4th, 2025, the US imposed a 10% tariff on all imports from China. Part of China’s response was to levy a 15% tariff on LNG imports from the US, to go into effect February 10th. In 2024, China reported 4.3 million tons of LNG imports from US; the US reported 6.0 million tons of exports to China, a difference of 1.7 million tons.
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Western Europe’s Commodity Polymer Trade in 2024
Weak demand, competition in export markets and imports from other regions were reflected in Western Europe’s trade in polyethylene, polypropylene, polystyrene and PVC in 2024.This series of blogs quantifies each region’s imports and exports in 2024 of the major commodity polymers – LDPE, linear/ethylene-alpha-olefin copolymers (LL/EAOC), HDPE, EVA, PP, propylene copolymers (PRC), polystyrene and PVC – allowing comparisons across the polymers for the geographic regions of Western Europe, Eastern Europe, Africa, North America, Latin America, Middle East and Asia-Pacific.
Continue readingPetrochemical Trade – Turkey Aims to Accelerate Free Trade Negotiations with the GCC, Potentially Impacting 1.8 Million Tons of Polyolefin Imports – International Trader Publications
Turkey imported 668,000 tons of polyethylene and 1.1 million tons of polypropylene from the GCC in 2023. The duty rate was 6.5% on virtually all grades.
Continue readingTrends in Recyclable Polypropylene Trade, and Proposed Changes to the Harmonized System (HS)
The volume of recyclable polypropylene that can be identified as traded globally was 862,000 tons in 2023, up 25% from 2022. Western Europe accounted for more than half of the total, based on available statistics.
Global trade volume is currently understated because statistics specifically for recyclable PP are available only for 52 countries. Other countries combine recyclable PP with recyclable PET and other polymers, excluding recyclable PE, styrenics and PVC, that are identified separately. If interested, this can potentially be changed by an appeal to the World Customs Organization.
Continue readingEU Debates Possible Ban on Imports of Synthetic Rubber from Russia
Although not definite, a ban on imports of synthetic rubber from Russia is being discussed by the EU. If enacted, this could impact EU imports of butadiene, isoprene and styrene-butadiene rubber.
Continue readingEU Bans Imports of Most Polymers from Russia
On October 6, 2022 the EU placed additional sanctions on almost 7 billion Euro’s worth of imports from Russia. These included most polymers.
Continue readingIncreased PE Imports Into the EU-28 from the US in 2019 Reduced Imports from Saudi Arabia
Imports into the EU from the United States of ethylene-alpha-olefin copolymers (EAOC) trended strongly higher in 2018 and 2019, while volumes from Saudi Arabia declined.
Continue readingUS Exports of LNG up 54% Through October, 2018; Imports Continue Trending Lower
The United States exported 18.4 million tons of LNG through October 2018, up 54%, and imported 2 million tons, down 10%. Continue reading
Mexico’s Polyethylene Trade
Mexico’s exports of HDPE rose sharply in the second quarter of 2016, while exports of L/LLDPE continued a gradual upward trend. Imports of both polymers also trended higher. Major shifts in imports and exports are expected as Braskem Idesa’s new plant ramps up. Continue reading