China PMDI Trade Update: Exports Regionalize, Imports Increase from ME with Lower Prices

PUdaily | Updated: August 26, 2025

PMDI Export

In July 2025, China exported 64,100 tonnes of polymeric MDI, down 18% year‑on‑year and down 24.8% month-on-month, according to data released by the General Administration of Customs (GAC).

China’s polymeric MDI exports from January to July amounted to 476,500 tonnes, down 34% year-on-year. 

 

Exports to ASEAN Countries and India Rise, With Pronounced Regionalization Trend

From January to July, cumulative exports from China to most of Top 10 destinations fell year-on-year, with the exceptions of India, Vietnam, and Thailand, which recorded increases. The polyurethane supply chain is exhibiting an increasingly pronounced regionalization trend. U.S. tariff policies have disrupted global trade flows, accelerating a shift from globalization toward regional trade for China’s polymeric MDI exports.

China’s FTAs with ASEAN economies, and geographic proximity, have also encouraged Chinese appliance, textile and automobile manufacturers to invest in or relocate production to Vietnam, Thailand, Indonesia and other nearby countries. These shifts hedge the trade uncertainty and reduce supply chain disruption risks of enterprises.

Table 1: China’s Top 10 PMDI Export Destinations, Jan-Jul 2025

No.

Export Destination

Export Volume (tonne)

Export Value (US$1,000)

Share (%)

YoY Change

1 Russia 50,309 111,730 10.6% -2.2%
2 Netherlands 44,852 58,270 9.4% -49.7%
3 Turkey 38,863 64,410 8.2% -18.6%
4 India 35,570 62,330 7.5% 18.3%
5 USA 30,697 36,140 6.4% -82.1%
6 S. Korea 30,625 52,560 6.4% -30.6%
7 Vietnam 23,790 46,480 5.0% 0.1%
8 Brazil 23,075 38,500 4.8% -14.5%
9 Thailand 22,366 41,740 4.7% 5.7%
10 UAE 22,301 42,360 4.7% -31.1%
  Others 154,100 273,660 32.3% -
  Total 476,548 828,170 100.0% -34.0%

 

PMDI Import

In July 2025, China imported 42,300 tonnes of polymeric MDI, up 70.1% year-on-year and up 85.6% month-on-month.

China’s polymeric MDI imports from January to July totaled 205,400 tonnes, up 16.9% year-on-year. Monthly imports had ranged between 20,000-35,000 tonnes from January through June, but surged to 42,000 tonnes in July, driven by higher imports from Saudi Arabia and South Korea, the increase from Saudi Arabia was particularly notable.

China imported 19,700 tonnes of polymeric MDI from Saudi Arabia in July, up 50.7% month-on-month. January-July imports from Saudi Arabia totaled 92,200 tonnes, up 27.6% year-on-year. Strength in China’s PMDI market in May-June, combined with relatively low price levels in the Middle East and Europe (around USD 1,700/tonne), encouraged increased Middle East shipments into China.

Imports from South Korea also rose (Jan-Jul volumes up 27% year-on-year), but Korean goods carried a higher price, compared with the prices imported from Saudi Arabia and Japan.

 

Table 2: China’s polymeric MDI Imports, Jan-July 2025

No. Import Source Import Volume (tonne) Import Value (US$1,000) Share (%) YoY Change
1 Saudi Arabia 92,167 124,970 44.9% 27.6%
2 Japan 53,810 77,270 26.2% -14.3%
3 S Korea 48,593 94,700 23.7% 27.2%
  Others 10,838 22,250 32.3% -
  Total 205,408 319,190 100.0% 16.9%

 

To navigate today’s volatile PMDI market with confidence, PUdaily’s Pricing Intelligence Service provides you with daily prices, pricing charts, weekly market reviews, and in-depth commentary across key regions including China, the Middle East, ASEAN, Europe, and more. Whether you’re monitoring export trends or tracking import shifts and pricing from major suppliers like Saudi Arabia, Japan, and South Korea, our insights help you anticipate changes, optimize sourcing, and make informed decisions.

The content (including but not limited to text, photo, charts, tables, multimedia information, etc) published in this site belongs to PUdaily. Without written authorization from PUdaily, such content shall not be republished or used in any form.
Tel:
+86 21 6125 0980
Address:
Room 607, Block B, No.1439 Wuzhong Road, Shanghai, China
FOLLOW US

沪公网安备31011202002186号
Copyright © 2007-2025 Suntower Consulting Limited. All Rights Reserved.