China’s imports of commodity polymers as a total of all grades of PE, PP, styrenics, PVC and PET, declined for the third year in a row, a loss of nearly 10 million tons of volume over the 2020-2023 period. Exports of the combined total climbed for the third year in a row, increasing by nearly 7 million tons. Shipments of manufactured products identifiable as plastic showed a small gain of 0.7 million tons in 2023, rising to 16.7 million tons.
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US Polymer Exports, and, Imports of Fabricated Plastics Hit New Highs
Exports from the US of commodity polymers trended higher through most of the first half of 2018 and set a new record in June. Imports of fabricated plastic products also hit a new high in June.