In January and February 2026, the import and export market of paste PVC resin in China showed a trend of differentiation, with a year-on-year increase in total imports and a year-on-year decline in total exports. In March, the resumption of downstream work and production in China, as well as geopolitical risks, led to an increase in export orders from domestic production enterprises. It is expected that the import and export volume of PVC paste will increase month on month.
The total volume of the import market increased year-on-year from January to February
According to data released by the General Administration of Customs of the People's Republic of China, the import volume of PVC paste in January 2026 was 10495.1 tons, a decrease of 0.31% compared to the previous month and an increase of 18.88% year-on-year. The import volume of PVC paste in February was 6663.2 tons, a decrease of 36.51% month on month and 6.24% year-on-year. The import volume of PVC paste in January and February 2026 was 17158 tons, an increase of 7.68% compared to the same period last year.
From the perspective of import trade partners, the top three import trade partners of PVC paste resin in January were Taiwan, China, South Korea and Germany, with the import volume of 7794.33 tons, accounting for 74.27% of the import volume of the month. Among them, 4427 tons were imported from Taiwan, China, accounting for 42.18% of the monthly import volume. The main source of imports from Taiwan, China was PVC paste gloves. 1684 tons were imported from South Korea, accounting for 16.05% of the monthly import volume. 1683 tons were imported from Germany, accounting for 16.04% of the monthly import volume.
In February, the top three trading partners of PVC paste resin import were Taiwan, China, Germany and Thailand, with the import volume of the top three trading partners being 5108.5 tons, accounting for 76.67% of the monthly import volume. Among them, 2998 tons were imported from Taiwan, China, accounting for 44.99% of the month's imports. The main source of imports from Taiwan, China was PVC paste gloves. 1201 tons were imported from Germany, accounting for 18.02% of the monthly import volume. 909.5 tons were imported from Thailand, accounting for 13.65% of the monthly import volume.
The cumulative year-on-year decline in the export market from January to February
According to data released by the General Administration of Customs of the People's Republic of China, the export volume of PVC paste in January 2026 was 10167.7 tons, an increase of 20.31% month on month and a decrease of 27.41% year-on-year. The export volume of PVC paste in February was 9243.3 tons, a month on month decrease of 9.09% and a year-on-year increase of 3.78%. The export volume of PVC paste in January and February 2026 was 19411 tons, a decrease of 15.29% compared to the same period last year.
From the perspective of export trading partners, the top three export trading partners for PVC paste resin in January 2026 were a European country, Pakistan, and Vietnam, with an export volume of 7067.5 tons, accounting for 69.51% of the month's export volume. Among them, 5569.2 tons were exported to a certain European country, accounting for 54.77% of the monthly export volume; Exported 954 tons to Pakistan, accounting for 9.38% of the monthly export volume; Exported 544.3 tons to Vietnam, accounting for 5.35% of the monthly export volume.
In February 2026, the top three trading partners for PVC paste resin exports were a European country, Pakistan, and Uzbekistan, with an export volume of 6231.85 tons, accounting for 67.42% of the month's export volume. Among them, 4963.2 tons were exported to a certain European country, accounting for 53.70% of the monthly export volume; Exported 707.15 tons to Pakistan, accounting for 7.65% of the monthly export volume; Exported 561.5 tons to Uzbekistan, accounting for 6.07% of the monthly export volume.
Outlook for March: Both imports and exports are expected to rebound, with an overall recovery trend in the first quarter
Based on customs data and market research, it is estimated that the PVC paste import and export market in China will show a double growth pattern in March. In terms of import, with the acceleration of the downstream resumption of domestic bulk materials and the release of the demand for glove materials, the import volume in March is expected to further increase, and the supply of goods in Taiwan, China will still be the main force. In terms of exports, early export orders have been delivered one after another, coupled with geopolitical risks leading to an increase in peripheral demand. In the first half of March, domestic production enterprises actively accepted orders, and Southeast Asian demand remained stable with an upward trend. The export volume is expected to achieve significant growth compared to February. Overall, the performance of imports and exports in the first quarter has gradually rebounded, with imports turning positive year-on-year. Although exports have accumulated a year-on-year decline, the trend on a month on month basis is positive, and it is expected to continue the recovery trend in March.