Petrochemical exports by members of the Gulf Cooperation Council (GCC) to China amounted to 13.3 million metric tonnes since the beginning of the current year, compared with 15.1m tonnes in the same period last year, up by five per cent.
The largest proportion of the GCC chemical exports were basic and intermediate materials, which account for 61 per cent, while polymers and fertilisers accounted for 38 per cent and one per cent respectively.
According to data published by the Gulf Petrochemicals and Chemicals Association (c), Saudi Arabia is the GCC’s largest petrochemical exporter to China, accounting for 67 per cent of total exports at $10.4 billion, followed by the United Arab Emirates with 12 per cent ($1.9bn) and Qatar, which accounted for ten per cent or $1.4bn.
Kuwait, Oman and Bahrain followed suit with $837 million, $431m and $41m respectively, the data published by Al Bayan reveals.
($1 = AED3.67, at the time of publishing)