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2023
Exports $89.1BWorld Rnk 2 / 226
Flag Rnk 7 / 96
2023
Destination $647M Mexico
2022 - 2023
FASTEST GROWING MARKET $647MIndia
2023
PRODUCT COMPLEXITY IN Plastics & articles thereof1.66Rnk 27 / 1025
2023
Imports $79.6BWorld Rnk 1 / 226
Flag Rnk 7 / 96
2023
Origin $68.5M China
2022 - 2023
FASTEST GROWING ORIGIN $68.5MIreland
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $89.1B in Plastics & articles thereof, making it the 2nd largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 7th most exported product in United States. The main destination of Plastics & articles thereof exports from United States are: Mexico ($19.8B), Canada ($14B), China ($9.44B), Germany ($4.55B), and Brazil ($2.75B).

The fastest growing export markets for Plastics & articles thereof of United States between 2022 and 2023 were India ($647M), China ($364M), and Austria ($144M).

Imports In 2023, United States imported $79.6B in Plastics & articles thereof, becoming the 1st largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 7th most imported product in United States. United States imports Plastics & articles thereof primarily from: China ($20.8B), Canada ($14.2B), Mexico ($8.31B), Germany ($4.87B), and South Korea ($4.29B).

The fastest growing import markets in Plastics & articles thereof for United States between 2022 and 2023 were Ireland ($68.5M), Poland ($34.1M), and Czechia ($8.94M).

COMPANIES In 2023, leading companies such as CrimsonLogic (6.29k), Cali Bamboo Flooring (3.43k), and Amazon (3.29k) were at the forefront of shipping Plastics & articles thereof to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Plastics & articles thereof exports accounted up to $6.43B and imports accounted up to $5.93B, resulting in a positive trade balance of $499M. Between November 2023 and November 2024 the exports of United States'   Plastics & articles thereof have increased by $293M (4.78%) from $6.13B to $6.43B, while imports increased by $407M (7.37%) from $5.52B to $5.93B.

Destinations In November 2024, Plastics & articles thereof were exported mostly to Mexico ($1.64B), Canada ($1.16B), China ($591M), Belgium ($264M), and Brazil ($234M), and were imported mostly from China ($1.52B), Canada ($1.09B), Mexico ($657M), South Korea ($334M), and Germany ($302M).

Growth In November 2024, the increase in Plastics & articles thereof's year-by-year exports was explained primarily by an increase in exports to China ($135M or 26.1%), India ($76.1M or 102%), and Brazil ($48.1M or 27%). In November 2024, the increase in Plastics & articles thereof's year-by-year imports was explained primarily by an increase in imports from Vietnam ($39.8M or 20.1%), Japan ($25.8M or 13.4%), and Singapore ($22.5M or 90.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$293M(4.78%)
IMPORT GROWTH (November 2023 - November 2024)$407M(7.37%)
MAIN EXPORTER (November 2024)Texas$2.11B
MAIN DESTINATION (November 2024)Mexico$1.64B

This section shows Plastics & articles thereof'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 Plastics & articles thereof over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$89.1B
IMPORTS (2023)$79.6B
NET TRADE (2023)$9.56B

In 2023, United States exported $89.1B in Plastics & articles thereof. The main destinations of United States exports on Plastics & articles thereof were Mexico ($19.8B), Canada ($14B), China ($9.44B), Germany ($4.55B), and Brazil ($2.75B).

In 2023, United States imported $79.6B in Plastics & articles thereof, mainly from China ($20.8B), Canada ($14.2B), Mexico ($8.31B), Germany ($4.87B), and South Korea ($4.29B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR United States WERE (2022 - 2023):
India$647M (40%)
China$364M (4.01%)
Austria$144M (79.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY United States WERE (2022 - 2023):
Canada-$1.96B (-12.3%)
Japan-$644M (-20.2%)
Netherlands-$395M (-15%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Plastics & articles thereof were:
China $124B
Germany $80.4B
In 2023, United States's main importing competitors in Plastics & articles thereof were:
China $63.7B
Germany $50.1B

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.52B
TOP IMPORT POTENTIALCanada+ $1.57B

Plastics & articles thereof’s highest export potential is China. With an export gap of $1.52B.   Plastics & articles thereof’s highest import potential is Canada with an import gap of $1.57B.

See methodology.

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