The United States leads global exports of petroleum resins, polyterpenes, and polysulfides, showing a strong growth of 1.97% in 2023. China and Thailand exhibit notable growth, with a year-over-year increase of 4.15% and 4.09%, respectively. Conversely, the United Kingdom and Finland have experienced declines at -6.56% and -7.35%, indicating potential competitive pressures or market shifts.
Other countries like Denmark and Indonesia are seeing remarkable increases above 7%, highlighting their rising roles in this sector. Meanwhile, Greece and Bosnia and Herzegovina show substantial gains, signaling a potential shift in smaller market dynamics.
Future trends to watch include the impact of global economic fluctuations on commodity exports, advancements in production technology improving efficiency, and possible geopolitical influences affecting international trade relationships. These trends could alter the current export dynamics significantly. Key players such as China, Thailand, and Denmark might continue to exert influence through strategic partnerships or innovation, potentially reshaping the leaderboard.
Top countries in Export of Petroleum Resins, Polyterpenes, Polysulphides by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,392,700,000 | 2023 | +1.73% | +1.97% | View data |
| 2 | 2 Germany | 931,060,000 | 2023 | -3.77% | -4.5% | View data |
| 3 | 3 China | 891,120,000 | 2023 | +4.43% | +4.15% | View data |
| 4 | 4 Japan | 823,730,000 | 2023 | +2.06% | +1.34% | View data |
| 5 | 5 South Korea | 620,220,000 | 2023 | +3.67% | +3.66% | View data |
| 6 | 6 France | 573,970,000 | 2023 | +1.73% | +1.62% | View data |
| 7 | 7 Belgium | 463,990,000 | 2023 | +2.42% | +1.79% | View data |
| 8 | 8 Netherlands | 433,790,000 | 2023 | +1.3% | +1.01% | View data |
| 9 | 9 Singapore | 195,150,000 | 2023 | +4.43% | +2.3% | View data |
| 10 | 10 Thailand | 159,680,000 | 2023 | +4.3% | +4.09% | View data |
