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US PET exports, valued at $436-mil in 2015, down 11% through July
HOUSTON, September 21, 2016 (PCW) -- US exports of prime PET totaled 138,725 metric tons through July, down by 16,748 mt or 11% from January-July 2015, the latest USA Trade Online data show.
US imports of prime PET for the same period were up 11%.
US PET exports this year have gone to 63 countries. In full-year 2015 these exports totaled 247,603 mt valued at $436.1 million.
The drop this year is mostly the result of a 30% drop to China, the four largest destination, and an 11% drop to Canada, the leading destination.
Exports to Mexico, the second largest destination, totaled 31,439 mt in Jan-Jul 2016, up 15%, and to the Netherlands, at number three, 25,724 mt, up 11%. Exports to the UK, at number five, in Jan-Jul 2016 totaled 7,081 mt, up by 11.5% fr0m the 2015 period. -- Xavier A. Cronin