2022
Exports
$6.79BWorld Rnk 2 / 220
Flag Rnk 47 / 1217
2022
PRODUCT COMPLEXITY IN Plastic Lids
-0.17Rnk 606 / 1025
2022
Imports
$11.2BWorld Rnk 1 / 225
Flag Rnk 59 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $6.79B in Plastic Lids, making it the 2nd largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 47th most exported product in United States. The main destination of Plastic Lids exports from United States are: Canada ($2.42B), Mexico ($2.37B), United Kingdom ($160M), China ($142M), and Germany ($135M).

The fastest growing export markets for Plastic Lids of United States between 2021 and 2022 were Canada ($290M), Mexico ($265M), and United Kingdom ($26M).

Imports In 2022, United States imported $11.2B in Plastic Lids, becoming the 1st largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 59th most imported product in United States. United States imports Plastic Lids primarily from: China ($2.84B), Canada ($2.39B), Mexico ($1.94B), Chinese Taipei ($590M), and South Korea ($412M).

The fastest growing import markets in Plastic Lids for United States between 2021 and 2022 were Mexico ($374M), Canada ($161M), and Thailand ($60M).

COMPANIES In 2023, leading companies such as Molson Coors (1.05k), Toyota (501), and Robert Bosch (359) were at the forefront of shipping Plastic Lids to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-29.7M(-5.05%)
IMPORT GROWTH (June 2023 - June 2024)$69.2M(9.43%)
MAIN EXPORTER (June 2024)Texas$103M
MAIN DESTINATION (June 2024)Mexico$231M

This section shows Plastic Lids's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Plastic Lids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.79B
IMPORTS (2022)$11.2B
NET TRADE (2022)-$4.44B

In 2022, United States exported $6.79B in Plastic Lids. The main destinations of United States exports on Plastic Lids were Canada ($2.42B), Mexico ($2.37B), United Kingdom ($160M), China ($142M), and Germany ($135M).

In 2022, United States imported $11.2B in Plastic Lids, mainly from China ($2.84B), Canada ($2.39B), Mexico ($1.94B), Chinese Taipei ($590M), and South Korea ($412M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$290M (13.6%)
Mexico$265M (12.6%)
United Kingdom$26M (19.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY United States WERE (2021 - 2022):
Switzerland-$5.73M (-10.2%)
Vietnam-$4.23M (-33.5%)
Morocco-$4.08M (-73.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Plastic Lids were:
China $13.9B
Germany $5.78B
In 2022, United States's main importing competitors in Plastic Lids were:
Germany $5.01B
France $3.52B

Explore Visualizations

Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $82.6M
TOP IMPORT POTENTIALCanada+ $233M

Plastic Lids’s highest export potential is Germany. With an export gap of $82.6M.   Plastic Lids’s highest import potential is Canada with an import gap of $233M.

See methodology.

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