Plastic articles for the conveyance or packing of goods; stoppers, lids, caps and other closures of plastics

3923 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Plastic Lids. In 2022, Plastic Lids were the world's 60th most traded product, with a total trade of $69.6B. Between 2021 and 2022 the exports of Plastic Lids grew by 5%, from $66.2B to $69.6B. Trade in Plastic Lids represent 0.29% of total world trade.

Plastic Lids are a part of Plastics & articles thereof. They include Plastic boxes, Bags, cones of polymers of ethylene, Plastic bottles and flasks, Other plastic articles for goods conveyance or packing, Plastic stoppers, lids, caps and other closures, Bags, cones except of ethylene polymers, and Plastic spools, cops, bobbins and similar supports.

Exports In 2022 the top exporters of Plastic Lids  were China ($13.9B), United States ($6.79B), Germany ($5.78B), France ($2.79B), and Canada ($2.5B).

Imports In 2022 the top importers of Plastic Lids were United States ($11.2B), Germany ($5.01B), France ($3.52B), Canada ($3.2B), and Mexico ($3.06B).

Ranking Plastic Lids ranks 597th in the Product Complexity Index (PCI).

Description Plastic articles for the conveyance or packaging of goods may include: Airtight containers, Bags, Bottles, Boxes, Cans, Containers, Drums, Egg cartons, Envelopes, Flexible packaging, Foam cups, Foam trays, Foils, Jars, Labels, Lids, Packaging films, Packaging materials, Packing cases, Pens, Plastic caps and closures, Plastic drums, Polypropylene bags, Polystyrene foam cups, Polystyrene foam trays or Polyvinyl chloride (PVC) bottles.

Latest Data

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The following visualization shows the latest trends on Plastic Lids. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$13.9B
Top Destination (2022)United States$11.2B

In 2022 Plastic Lids were the world's 60th most traded product (out of 1,218).

In 2022, the top exporters of Plastic Lids were China ($13.9B), United States ($6.79B), Germany ($5.78B), France ($2.79B), and Canada ($2.5B).

In 2022, the top importers of Plastic Lids were United States ($11.2B), Germany ($5.01B), France ($3.52B), Canada ($3.2B), and Mexico ($3.06B).

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Exporters of Plastic Lids (2022)
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Importers of Plastic Lids (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.14B
Top Destination Growth (2021 -  2022)United States$734M

Between 2021 and 2022, the exports of Plastic Lids grew the fastest in China ($1.14B), United States ($757M), Mexico ($414M), Poland ($271M), and Vietnam ($231M).

Between 2021 and 2022, the fastest growing importers of Plastic Lids were United States ($734M), Mexico ($373M), Canada ($328M), Germany ($250M), and Italy ($242M).

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Exporters of Plastic Lids (2021 - 2022)

Importers of Plastic Lids (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Plastic Lids.

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Value of Exports in Plastic Lids

Net Trade

TOP NET EXPORTER (2022)China$12.7B
TOP NET IMPORTER (2022)United States$4.44B

This map shows which countries export or import more of Plastic Lids. Each country is colored based on the difference in exports and imports of Plastic Lids during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Plastic Lids were China ($12.7B), Turkey ($962M), Vietnam ($928M), Poland ($819M), and Germany ($763M).

In 2022, the countries that had a largest trade value in imports than in exports of Plastic Lids were United States ($4.44B), Japan ($1.85B), United Kingdom ($1.37B), Australia ($1.19B), and Mexico ($796M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Plastic Lids, disaggragated by their HS6 level were Bags, cones of polymers of ethylene ($14.2B), Plastic boxes ($14.2B), Plastic bottles and flasks ($11.3B), Other plastic articles for goods conveyance... ($10.9B), and Plastic stoppers, lids, caps and other... ($10.8B)

HS6 Disaggregation for Plastic Lids (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Plastic Lids.
It is possible to select the main countries that export or import Plastic Lids in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Plastic Lids by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Country by Relatedness

The following visualization shows the relatedness of Plastic Lids to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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