Product intelligence · HS 391390 · 2024 data

Polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters)

Global exports of polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters) totalled $3,395,798,152 in 2024, a -2.7% change from the previous year. Traded by 128 countries across 3,442 bilateral corridors, with demand from 192 importing markets. The long-term trend is growing.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$3.4B

-2.7% YoY

3Y / 5Y CAGR

+5.8%

5Y: +9.4%

Supply structure

Diversified

HHI 0.145

Volatility

Low

Score 2/100

1.

Market movement

In 2024, polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters) trade exhibited slight decline, with global flows reaching $3,395,798,152 and a three-year compound annual growth rate of +5.8% (five-year: +9.4%). The all-time peak of $3,490,709,215 was recorded in 2023; the current level is 3% below that high-water mark.

Over the 30-year observation window (19952024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+0.3% acceleration).

The World Trade Flows Characterization classifies polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters) as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.145). The three largest exporters — China ($938.0M), Sweden ($733.0M), and United States ($327.9M) — collectively dominate supply flows. The leading exporter has grown at +14.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.053). The three largest import markets are United States ($558.3M), South Korea ($222.0M), and Germany ($211.0M). The largest importing market sources from 53 different supplying countries.

The dominant trade corridor is Sweden → United States at $234.1M, representing 41.9% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters) is 2 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $3,490,709,215 in 2023. Currently 3% below peak.

YearGlobal trade (USD)YoY growth
2015$1,888,151,473-5.2%
2016$1,787,446,773-5.3%
2017$1,843,004,739+3.1%
2018$2,092,541,777+13.5%
2019$2,168,625,403+3.6%
2020$2,299,193,435+6.0%
2021$2,870,648,209+24.9%
2022$3,330,114,257+16.0%
2023$3,490,709,215+4.8%
2024$3,395,798,152-2.7%

Top exporting countries

Ranked by export value of polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters) in 2024.

View all 128 exporters →

Top importing markets

Largest import destinations for polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters).

View all 192 markets →

Leading trade corridors

Largest bilateral export flows for polymers, natural and modified natural: in primary forms (excluding alginic acid, its salts and esters), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1SwedenUnited States$234.1M+38.4%
2SwedenSouth Korea$124.8M+7.5%
3ChinaUnited States$103.2M+10.1%
4SwedenSingapore$73.6M-7.3%
5NetherlandsItaly$72.7M+121.3%
6United StatesJapan$67.8M-0.2%
7ChinaSaudi Arabia$64.0M+116.0%
8ChinaRussia$62.0M+8.7%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.