While US sanctions currently target specific companies that facilitate exports of Iranian oil, Washington is weighing a broader move: sanctions on countries that import Iranian petrochemicals. This potential escalation could impact ethylene glycol, methanol, polyethylene, and liquefied butane and propane gases, among others, with wide-ranging implications for global trade flows. Iranian export statistics show China as the largest destination for these products. Volumes do not, however, correlate with China’s import statistics.
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Recent trends in Algeria’s Trade
Algeria is a sizable importer of all of the major commodity polymers. Algeria exports methanol and small volumes of benzene.
Focus on: Iran’s Polymer and Chemical Exports in the First Half of 2015
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
Africa’s Polyethylene Import Trends
Africa, in addition to Latin America, is an increasingly important market for polyethylene exporters, particularly those in the Middle East, as demand in Europe and Asia eases. Continue reading
Imports Into Qatar
Qatar exports huge volumes of EDC, VCM, polyethylene and methanol. Qatar also imports numerous polymers and chemicals. Continue reading
Mixed Trends for Polyethylene Exports from Qatar
HDPE exports from Qatar were up 25% through August 2014 versus the prior year; shipments of combined L/LLDPE were off 13%. Continue reading
Jordan’s Top Polymer Imports
Jordan is a significant importer of polyethylene, polypropylene, general purpose polystyrene, PVC and PET. Continue reading
Ivory Coast’s Top Polymer Imports
Ivory Coast imports significant volumes of L/LLDPE, HDPE, polypropylene and PVC.
Ghana’s Top Polymer Imports
Ghana imports significant volumes of polyethylene, polypropylene and PVC.