Scrap Plastic in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $101M in Scrap Plastic, making it the 12th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 874th most exported product in China. The main destination of Scrap Plastic exports from China are: Malaysia ($19.1M), Vietnam ($9.14M), United States ($6.86M), United Arab Emirates ($6.61M), and Belgium ($6.31M).

The fastest growing export markets for Scrap Plastic of China between 2021 and 2022 were Vietnam ($7.3M), Belgium ($4.63M), and Oman ($3.4M).

Imports In 2022, China imported $65.8M in Scrap Plastic, becoming the 17th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 728th most imported product in China. China imports Scrap Plastic primarily from: Philippines ($35.7M), Vietnam ($10.6M), Thailand ($5.1M), Dominican Republic ($2.17M), and Chinese Taipei ($2.14M).

The fastest growing import markets in Scrap Plastic for China between 2021 and 2022 were Vietnam ($2.15M), Dominican Republic ($834k), and Italy ($602k).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (25.4k), WAL-MART INC. (22.2k), and COSTCO WHOLESALE COPRORATION (2.67k) were at the forefront of shipping Scrap Plastic from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Scrap Plastic exports accounted up to $1.17M and imports accounted up to $180k, resulting in a positive trade balance of $995k. Between February 2023 and February 2024 the exports of China's Scrap Plastic have decreased by $-4.42M (-79%) from $5.6M to $1.17M, while imports decreased by $-1.75M (-90.7%) from $1.93M to $180k.

Destinations In February 2024, Scrap Plastic were exported mostly to Djibouti ($161k), United Arab Emirates ($149k), Oman ($133k), Kenya ($103k), and Malaysia ($99.1k), and were imported mostly from .

Growth In February 2024, the decrease in Scrap Plastic's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates ($-2.16M or -91.6%), Sri Lanka ($-1.79M or -99.1%), and Thailand ($-1.42M or -93%). In December 2020, the decrease in Scrap Plastic's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-4.42M(-79%)

IMPORT GROWTH (April 2018 - December 2020)$-1.75M(-90.7%)

MAIN EXPORTER (February 2024)Guangdong Province$969k

MAIN DESTINATION (February 2024)Djibouti$161k

This section shows Scrap Plastic's exports and imports data at subnational level for China. 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 Scrap Plastic over time.

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