HS Code:
The 'Polymers of Vinyl Chloride' category (HS Code: 3904) includes products such as polyvinyl chloride (PVC) in primary forms. These polymers are widely used in construction (pipes, fittings), packaging, electrical insulation, and medical applications due to their durability, chemical resistance, and cost-effectiveness. This category covers both rigid and flexible forms of PVC, as well as copolymers of vinyl chloride.
Total Trade Volume
USD 18.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Shift towards sustainable alternatives
Increasing demand for bio-based plastics and recycling initiatives is pressuring traditional PVC markets, though cost advantages keep demand steady.
2021-2023
Growth in construction sector
Rising urbanization in Asia-Pacific and Africa boosts demand for PVC in infrastructure projects like piping and cabling.
2020-2022
Supply chain disruptions
Post-COVID logistics challenges and raw material shortages have led to price volatility and delayed shipments.
2021-2022
The European Union introduced stricter guidelines on the recycling of PVC products to reduce environmental impact, mandating higher recycling rates by 2030.
March 2023
This could increase production costs for manufacturers but also open new markets for recycled PVC materials.
Ongoing trade disputes have led to additional tariffs on Chinese PVC exports to the US, prompting Chinese exporters to seek alternative markets in Southeast Asia.
January 2023
This has reshaped trade flows, with increased exports to Vietnam and Indonesia.
New production methods reducing chlorine emissions were adopted by major producers in Germany and Japan, aligning with global sustainability goals.
October 2022
This may improve market access in regions with strict environmental regulations.