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Pricing

Silicones in primary forms

391000 (Harmonized System 1992 for 6-digit)

2022
World Trade $10.7BRnk 364 / 4648
2022
Top Exporter | Top Importer $2.2B | $1.2BChina | United States
2022
Product Complexity 1.65Rnk 120 / 4653
2021 - 2022
Export Growth (CAGR) 20.1%Rnk 789 / 4648
2022
Share of World Trade 0.045%Rnk 364 / 4648

About

Overview This page contains the latest trade data of Silicones, primary forms. In 2022, Silicones, primary forms were the world's 364th most traded product, with a total trade of $10.7B. Between 2021 and 2022 the exports of Silicones, primary forms grew by 20.1%, from $8.87B to $10.7B. Trade in Silicones, primary forms represent 0.045% of total world trade.

Silicones, primary forms are a part of Silicone.

Exports In 2022 the top exporters of Silicones, primary forms  were China ($2.2B), Germany ($2.07B), United States ($1.55B), Japan ($1.01B), and United Kingdom ($612M).

Imports In 2022 the top importers of Silicones, primary forms were United States ($1.2B), China ($1B), South Korea ($600M), Germany ($585M), and Belgium ($540M).

Ranking Silicones, primary forms ranks 120th 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.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Silicones, 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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$2.2B
Top Destination (2022)United States$1.2B

In 2022 Silicones, primary forms were the world's 364th most traded product (out of 4,648).

In 2022, the top exporters of Silicones, primary forms were China ($2.2B), Germany ($2.07B), United States ($1.55B), Japan ($1.01B), and United Kingdom ($612M).

In 2022, the top importers of Silicones, primary forms were United States ($1.2B), China ($1B), South Korea ($600M), Germany ($585M), and Belgium ($540M).

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Exporters of Silicones, primary forms (2022)
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Importers of Silicones, primary forms (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$619M
Top Destination Growth (2021 -  2022)United States$440M

Between 2021 and 2022, the exports of Silicones, primary forms grew the fastest in China ($619M), Germany ($234M), United Kingdom ($220M), United States ($162M), and Japan ($107M).

Between 2021 and 2022, the fastest growing importers of Silicones, primary forms were United States ($440M), India ($127M), Belgium ($114M), Germany ($113M), and Mexico ($98M).

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Exporters of Silicones, primary forms (2021 - 2022)

Importers of Silicones, primary forms (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Silicones, primary forms.

In 2022, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Silicones, primary forms are explained by 12 countries.

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Value of Exports in Silicones, primary forms

Net Trade

TOP NET EXPORTER (2022)Germany$1.48B
TOP NET IMPORTER (2022)Mexico$340M

This map shows which countries export or import more of Silicones, primary forms. Each country is colored based on the difference in exports and imports of Silicones, primary forms during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Silicones, primary forms were Germany ($1.48B), China ($1.2B), Japan ($792M), United States ($350M), and United Kingdom ($269M).

In 2022, the countries that had a largest trade value in imports than in exports of Silicones, primary forms were Mexico ($340M), Italy ($307M), India ($299M), Belgium ($225M), and Vietnam ($222M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Silicones, primary forms.
It is possible to select the main countries that export or import Silicones, primary forms in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Silicones, primary forms by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

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