Chemicals, Olefins

July 31, 2026

JAPAN DATA: H1 propylene exports tumble 37% on year, imports up 18%

Getting your Trinity Audio player ready...

HIGHLIGHTS

Imports from China nearly double year over year

Capacity rationalization drives trade flow shift

Japan's propylene exports decreased year over year by 38.6% to 186,757 mt in the first half of the year with shipments to China falling 45% to 78,714 mt, data released July 31 by Japan's Customs and Tariff Bureau showed.

On the other hand, imports rose by 17.7% over the same period to 71,705 mt, with imports from China almost doubling to 6,196 mt. The main supplier to Japan was South Korea at 65,432 mt, with shipments from South Korea up 13.4% from a year ago.

A Northeast Asian producer said the changing trade flow was likely due to the gradual rationalization of olefins production capacity in Japan over the years.

A trader also said that imports were sometimes priced lower than domestic cargoes, making the imports more attractive for Japanese buyers, at times.

Japan propylene exports H1 2026:

Destination H1 2026 H1 2025 % change
South Korea 108,042 149,062 -27.5
China 78,714 143,196 -45.0
Taiwan 2 9,527 -100.0
Total* 186,757 304,126 -38.6

Japan propylene imports H1 2026:

Origin H1 2026 H1 2025 % change
South Korea 65,432 57,704 13.4
China 6,196 3,152 96.6
Total* 71,705 60,920 17.7

* Includes destinations/origins with sporadic or small volumes

Source: Customs and Tariff Bureau

Crude Oil

US-Israeli Conflict with Iran

Essential Energy Intelligence for today's uncertainty.