Silicones in primary forms391000 (Harmonized System 1992 for 6-digit)
2020 World Trade: $6.6B, Rnk 442 / 4613
2020 Top Exporter | Top Importer: $1.55B | $826M, China | Germany
2020 Product Complexity: 1.73, Rnk 131 / 4783
2019 - 2020 Export Growth (CAGR): -6.83%, Rnk 2099 / 4613
2018 Mean Tariff: 3.84%, Rnk 5202 / 6538
2020 Share of World Trade: 0.039%, Rnk 442 / 4613
Overview This page contains the latest trade data of Silicones in primary forms. In 2020, Silicones in primary forms were the world's 442nd most traded product, with a total trade of $6.6B. Between 2019 and 2020 the exports of Silicones in primary forms decreased by -6.83%, from $7.08B to $6.6B. Trade in Silicones in primary forms represent 0.039% of total world trade.
Silicones in primary forms are a part of Silicone.
Exports In 2020 the top exporters of Silicones in primary forms were Germany ($1.55B), United States ($1.1B), China ($763M), Japan ($752M), and United Kingdom ($393M).
Imports In 2020 the top importers of Silicones in primary forms were China ($826M), United States ($545M), South Korea ($407M), Germany ($326M), and Belgium ($315M).
Tariffs In 2018 the average tariff for Silicones in primary forms was 3.84%, making it the 5202nd lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Silicones in primary forms are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).
Ranking Silicones in primary forms ranks 131st in the Product Complexity Index (PCI).
Description Silicone is most often used in hair care products as a conditioner. It can also be used as an anti-static agent, and to seal hair follicles. Silicone is also used in skin care products, for instance, as a moisturizer and a sunscreen. Silicone grease is often used as a lubricant.
The following visualization shows the latest trends on Silicones in primary forms. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Silicones in primary forms are the world's 442nd most traded product.
In 2020, the top exporters of Silicones in primary forms were Germany ($1.55B), United States ($1.1B), China ($763M), Japan ($752M), and United Kingdom ($393M).
In 2020, the top importers of Silicones in primary forms were China ($826M), United States ($545M), South Korea ($407M), Germany ($326M), and Belgium ($315M).
Trade by country
Top Origin Growth (2019 - 2020): United Kingdom, $83.5M
Top Destination Growth (2019 - 2020): Belgium, $96.2M
Between 2019 and 2020, the exports of Silicones in primary forms grew the fastest in United Kingdom ($83.5M), Belgium ($32.3M), Netherlands ($32.2M), Canada ($5.87M), and Vietnam ($3.07M).
Between 2019 and 2020, the fastest growing importers of Silicones in primary forms were Belgium ($96.2M), China ($26M), Ireland ($16.7M), Chinese Taipei ($6.67M), and Lithuania ($6.48M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Silicones in primary forms.
In 2020, market concentration measured using Shannon Entropy, was 3.64. This means that most of the exports of Silicones in primary forms are explained by 12 countries.
This map shows which countries export or import more of Silicones in primary forms. Each country is colored based on the difference in exports and imports of Silicones in primary forms during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Silicones in primary forms were Germany ($1.22B), Japan ($617M), United States ($560M), United Kingdom ($177M), and France ($88.2M).
In 2020, the countries that had a largest trade value in imports than in exports of Silicones in primary forms were Italy ($192M), Mexico ($189M), Vietnam ($160M), South Korea ($153M), and India ($133M).
In 2019, the world most traded Silicones in primary forms, disaggragated by their HS6 level were Silicones in primary forms ($6.6B)
This visualization shows the countries that have an important ratio of their trade related to Silicones in primary forms. It is possible to select the main countries that export or import Silicones in primary forms in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Silicones in primary forms was 3.84%. The countries with the highest tariffs for importing Silicones in primary forms were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Maldives (19.6%).
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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