Petroleum resin trade by country: top importers, exporters and prices
World trade in petroleum resin was worth $7.45 billion in 2024, about 2.31 million tonnes. That is an increase of 16% since 2017, and up 2% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $7.45B | 2.31M t |
| 2023 | $7.31B | 2.19M t |
| 2022 | $8.52B | 2.27M t |
| 2021 | $7.75B | 2.31M t |
| 2020 | $6.10B | 1.89M t |
| 2019 | $6.61B | 2.01M t |
| 2018 | $7.01B | 2.03M t |
| 2017 | $6.44B | 1.89M t |
Top petroleum resin exporting countries
China is the largest exporter with 18% of world exports, followed by the United States and Germany. The top three supply 48% between them, out of 117 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $1.31B | 18% |
| United States | $1.15B | 15% |
| Germany | $1.08B | 14% |
| South Korea | $714.3M | 9.6% |
| Japan | $701.3M | 9.4% |
| France | $374.0M | 5% |
| Netherlands | $324.2M | 4.4% |
| Belgium | $241.5M | 3.2% |
| Italy | $187.6M | 2.5% |
| Taiwan | $172.1M | 2.3% |
| Singapore | $165.2M | 2.2% |
| United Kingdom | $125.3M | 1.7% |
Top importing countries and buyer markets
China is the biggest buyer with 10% of world imports, ahead of the United States and Germany. Demand is spread widely: the top three take 26% across 194 importing countries.
| Importer | Value | Share |
|---|---|---|
| China | $771.9M | 10% |
| United States | $611.1M | 8.2% |
| Germany | $531.5M | 7.1% |
| Belgium | $381.2M | 5.1% |
| Netherlands | $368.5M | 5% |
| Italy | $367.9M | 4.9% |
| Japan | $317.4M | 4.3% |
| France | $295.2M | 4% |
| India | $274.4M | 3.7% |
| Mexico | $259.7M | 3.5% |
| South Korea | $211.7M | 2.8% |
| Spain | $202.5M | 2.7% |
Average price per kg
The world average declared value was about $3.22 per kg in 2024. Among the main exporters, Japan averaged $5.71 per kg and China $2.07 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 3911: Petroleum resins, coumarone-indene resins, polyterpenes, polysulphides, polysulphones and similar products of chemical synthesis n.e.c. in chapter 39, in primary forms. HS 3911 codes.
Common questions
Which countries export the most petroleum resin?
China exported $1.31 billion in 2024, 18% of the world total, followed by the United States (15%) and Germany (14%). In all, 117 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most petroleum resin?
China imported $771.9 million in 2024, 10% of world imports, ahead of the United States (8%) and Germany (7%). The top three importers together take 26%. Each country with its own page is linked from the table.
How big is the world trade in petroleum resin?
It was worth $7.45 billion in 2024, about 2.31 million tonnes. That is an increase of 16% since 2017. The peak year was 2022 at $8.52 billion. 117 countries reported exports and 194 reported imports.
What is the average price of petroleum resin per kg?
The world average declared value was about $3.22 per kg in 2024. Among the main exporters, Japan averaged $5.71 per kg and China $2.07 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for petroleum resin?
The HS code for petroleum resin is heading 3911, in chapter 39 (plastics and articles thereof). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 3911 page.
How can I find petroleum resin buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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