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Taiwan now second largest source of US PET imports
HOUSTON, September 13, 2016 (PCW) -- US packaging grade PET from Taiwan in the first seven months of the year totaled 58,611 metric tons, up 130% from Jan-Jul 2015, the latest USA Trade Online data show.
Taiwan is now the second largest source of imports behind Mexico. Imports from Mexico in Jan-Jul 2016 totaled 142,465 mt, up 25% from the year-earlier period.
Total imports in Jan-Jul 2016 were 401,212 mt, up 11% from the 2015 period. In all of 2015, imports totaled 593,318 mt valued at $695.5 million.
Imports from Canada, the third largest source, totaled 54,057 mt in Jan-Jul 2016, down 30% from the 2015 period. Imports from Brazil, the fourth largest source, surged to 46,048 mt in Jan-Jul 2016, up 643%. -- Xavier A. Cronin