Petroleum resins trade by country: top importers, exporters and prices
World trade in petroleum resins was worth $2.17 billion in 2024, about 1.09 million tonnes. That is an increase of 17% since 2017, and up 12% 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 | $2.17B | 1.09M t |
| 2023 | $1.93B | 1.01M t |
| 2022 | $2.16B | 1.00M t |
| 2021 | $2.08B | 1.05M t |
| 2020 | $1.72B | 922.2K t |
| 2019 | $1.84B | 928.7K t |
| 2018 | $2.05B | 966.7K t |
| 2017 | $1.86B | 917.1K t |
Top petroleum resins exporting countries
Exports are led by China (33%), South Korea (16%) and the United States (9%). 84 countries reported exports, and the top three account for 58%.
| Exporter | Value | Share |
|---|---|---|
| China | $716.2M | 33% |
| South Korea | $352.7M | 16% |
| United States | $198.0M | 9.1% |
| Netherlands | $169.2M | 7.8% |
| France | $141.7M | 6.5% |
| Taiwan | $108.4M | 5% |
| Japan | $98.8M | 4.6% |
| Germany | $89.0M | 4.1% |
| Singapore | $85.0M | 3.9% |
| Belgium | $65.8M | 3% |
| Thailand | $45.4M | 2.1% |
| Estonia | $22.3M | 1% |
Top importing countries and buyer markets
The Netherlands is the biggest buyer with 7% of world imports, ahead of Italy and France. Demand is spread widely: the top three take 20% across 160 importing countries.
| Importer | Value | Share |
|---|---|---|
| Netherlands | $145.0M | 6.7% |
| Italy | $141.4M | 6.5% |
| France | $137.0M | 6.3% |
| Germany | $133.3M | 6.1% |
| India | $131.6M | 6.1% |
| China | $125.4M | 5.8% |
| United States | $113.3M | 5.2% |
| Mexico | $92.5M | 4.3% |
| Poland | $86.7M | 4% |
| Indonesia | $80.4M | 3.7% |
| Turkey | $74.7M | 3.4% |
| Belgium | $71.5M | 3.3% |
Average price per kg
The world average declared value was about $1.99 per kg in 2024. Among the main exporters, France averaged $2.64 per kg and China $1.63 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.
Related product types
Who is behind these numbers in this market?
The shipment records behind Petroleum resins (HS 3911.10) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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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 3911.10: Petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes: in primary forms. HS 3911 codes.
Common questions
Which countries export the most petroleum resins?
China exported $716.2 million in 2024, 33% of the world total, followed by South Korea (16%) and the United States (9%). In all, 84 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most petroleum resins?
The Netherlands imported $145.0 million in 2024, 7% of world imports, ahead of Italy (7%) and France (6%). The top three importers together take 20%. Each country with its own page is linked from the table.
How big is the world trade in petroleum resins?
It was worth $2.17 billion in 2024, about 1.09 million tonnes. That is an increase of 17% since 2017. 2024 was the highest year since 2017. 84 countries reported exports and 160 reported imports.
What is the average price of petroleum resins per kg?
The world average declared value was about $1.99 per kg in 2024. Among the main exporters, France averaged $2.64 per kg and China $1.63 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for petroleum resins?
The HS code for petroleum resins is subheading 3911.10, in chapter 39 (plastics and articles thereof). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 3911 page.
How can I find petroleum resins buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show petroleum resins buyers and suppliers on a short call.
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