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392350 (Harmonized System 1992 for 6-digit)

2022
World Trade $10.8BRnk 358 / 4648
2022
Top Exporter | Top Importer $1.95B | $1.73BChina | United States
2022
Product Complexity -0.055Rnk 2597 / 4653
2021 - 2022
Export Growth (CAGR) 3.96%Rnk 2385 / 4648
2022
Share of World Trade 0.045%Rnk 358 / 4648

About

Overview This page contains the latest trade data of Plastic stoppers, lids, caps and other closures. In 2022, Plastic stoppers, lids, caps and other closures were the world's 358th most traded product, with a total trade of $10.8B. Between 2021 and 2022 the exports of Plastic stoppers, lids, caps and other closures grew by 3.96%, from $10.4B to $10.8B. Trade in Plastic stoppers, lids, caps and other closures represent 0.045% of total world trade.

Plastic stoppers, lids, caps and other closures are a part of Plastic Lids.

Exports In 2022 the top exporters of Plastic stoppers, lids, caps and other closures  were China ($1.95B), Germany ($1.24B), United States ($1.05B), France ($751M), and Italy ($571M).

Imports In 2022 the top importers of Plastic stoppers, lids, caps and other closures were United States ($1.73B), Germany ($746M), France ($726M), Canada ($555M), and Italy ($416M).

Ranking Plastic stoppers, lids, caps and other closures ranks 2597th in the Product Complexity Index (PCI).

Description Plastic stoppers, lids, and caps are used for a variety of purposes. They are used in the fermentation process for making wine, beer, and other alcohols. They are also heavily used in the pharmaceutical industry for storing and dispensing substances. They are also used in the food industry for storing and dispensing liquid products such as sauces, oils, and vinegars.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Plastic stoppers, lids, caps and other closures. 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$1.95B
Top Destination (2022)United States$1.73B

In 2022 Plastic stoppers, lids, caps and other closures were the world's 358th most traded product (out of 4,648).

In 2022, the top exporters of Plastic stoppers, lids, caps and other closures were China ($1.95B), Germany ($1.24B), United States ($1.05B), France ($751M), and Italy ($571M).

In 2022, the top importers of Plastic stoppers, lids, caps and other closures were United States ($1.73B), Germany ($746M), France ($726M), Canada ($555M), and Italy ($416M).

Explore Visualizations

Exporters of Plastic stoppers, lids, caps and other closures (2022)
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Importers of Plastic stoppers, lids, caps and other closures (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$200M
Top Destination Growth (2021 -  2022)United States$140M

Between 2021 and 2022, the exports of Plastic stoppers, lids, caps and other closures grew the fastest in China ($200M), United States ($114M), Mexico ($53.3M), Italy ($43.7M), and Canada ($28.3M).

Between 2021 and 2022, the fastest growing importers of Plastic stoppers, lids, caps and other closures were United States ($140M), Canada ($65.2M), Mexico ($48.4M), Spain ($43.9M), and Italy ($37.5M).

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Exporters of Plastic stoppers, lids, caps and other closures (2021 - 2022)

Importers of Plastic stoppers, lids, caps and other closures (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Plastic stoppers, lids, caps and other closures.

In 2022, market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Plastic stoppers, lids, caps and other closures are explained by 25 countries.

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Value of Exports in Plastic stoppers, lids, caps and other closures

Net Trade

TOP NET EXPORTER (2022)China$1.82B
TOP NET IMPORTER (2022)United States$685M

This map shows which countries export or import more of Plastic stoppers, lids, caps and other closures. Each country is colored based on the difference in exports and imports of Plastic stoppers, lids, caps and other closures during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Plastic stoppers, lids, caps and other closures were China ($1.82B), Germany ($493M), Italy ($155M), Chinese Taipei ($118M), and Hungary ($111M).

In 2022, the countries that had a largest trade value in imports than in exports of Plastic stoppers, lids, caps and other closures were United States ($685M), Canada ($257M), Japan ($156M), Australia ($144M), and United Kingdom ($133M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Plastic stoppers, lids, caps and other closures 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)

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