China’s PVC Exports Stay Strong Despite June Pullback

China's suspension PVC (S-PVC) exports continued to set new records during the first half of 2026, even though shipments slowed in June after several months of strong growth. Healthy overseas demand and competitive pricing helped Chinese suppliers maintain their leading position in the global PVC market despite softer monthly performance.

H1 Exports Reach Record Levels

During January–June 2026, China exported approximately 2.4 million tons of S-PVC, marking a 22% increase compared to the same period last year. Export earnings also climbed sharply, rising nearly 33% year-on-year to over $1.6 billion, highlighting stronger global demand and improved export values.

June Shipments Ease After Strong Run

After reaching elevated levels in May, exports moderated in June. Shipment volumes declined by more than 21% month-on-month, while export revenue fell by over 26%. However, compared with June 2025, export volumes were still more than 15% higher, and export value jumped over 42%, showing that international demand remained stronger than a year ago.

India Remains the Largest Buyer

India retained its position as the biggest destination for Chinese S-PVC, accounting for around 38% of total exports during the first half of the year, with purchases increasing by nearly 10% year-on-year.

Vietnam remained the second-largest buyer, recording a sharp 73% increase in imports from China and representing 9% of total exports.

Indonesia Climbs the Rankings

Indonesia emerged as the biggest mover among major importers, rising to become China's third-largest S-PVC export market after ranking much lower a year earlier. Meanwhile, the United Arab Emirates slipped down the rankings as regional trade was affected by ongoing geopolitical tensions.

The same three countries—India, Vietnam, and Indonesia—also remained the leading destinations for Chinese PVC exports during June, underlining Asia's continued importance as the primary market for China's growing export volumes.

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