Tag Archives: Vietnam

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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Indonesia’s New Facility Will Reduce Dependence on Imports of Polyethylene and Polypropylene From Asia-Pacific Sources

On November 6, 2025, Indonesian president Prabowo Subianto inaugurated a naphtha cracker that will produce 1 million tons of ethylene and 520,000 tons of propylene. These will reduce Indonesia’s imports of monomers, polymers, and other petrochemicals.

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India Imported Record High Volumes of Film/Sheet Fabricated from PE, PP, and PET in July/August 2025; Prices Were at Their Lowest in Over Two Years

Through August 2025, the most current month available for India, imports of PE film/sheet totaled 282,000 tons, up 52% from the same period the year before. Imports of PP film/sheet were 67,000 tons, up 64%; PET film/sheet, 84,000 tons, up 76%.

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Trends in Oman’s Exports of Polyolefins

Startup of the Liwa Plastics Industry Complex in Sohar in 2020/2021 boosted Oman’s production capacity for polyethylene by 880,000 tons per year, and polypropylene by 300,000 tons per year. This led to a surge in exports, although lower global demand and increased competition, among other factors, impacted shipments in 2024 and are projected to also affect 2025.

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New POM Capacity in China is Projected to Lower Global Trade Volume in 2025 by 6% from 2024, to 1.2 Million Tons

Lower imports into China, together with rising exports from China, will impact trade flows out of Western Europe, North America, and the Middle East.

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