Plastics & articles thereofPlastics and articles thereof
39 (Harmonized System 1992 for 2-digit)
2021 World Trade: $790B, Rnk 7 / 96
2021 Top Exporter | Top Importer: $130B | $83.4B, China | United States
2021 Product Complexity: 1.05, Rnk 16 / 96
2020 - 2021 Export Growth (CAGR): 30.7%, Rnk 22 / 96
2018 Mean Tariff: 7.38%, Rnk 63 / 96
2021 Share of World Trade: 0.038%, Rnk 7 / 96
Overview This page contains the latest trade data of Plastics & articles thereof. In 2021, Plastics & articles thereof were the world's 7th most traded product, with a total trade of $790B. Between 2020 and 2021 the exports of Plastics & articles thereof grew by 30.7%, from $604B to $790B. Trade in Plastics & articles thereof represent 0.038% of total world trade.
Plastics & articles thereof are a part of Plastics and Rubbers. They include Plastics & articles thereof.
Exports In 2021 the top exporters of Plastics & articles thereof were China ($130B), Germany ($80.5B), United States ($74.2B), South Korea ($42.8B), and Netherlands ($31.5B).
Imports In 2021 the top importers of Plastics & articles thereof were United States ($83.4B), China ($72.8B), Germany ($52.3B), France ($28.9B), and Italy ($27.5B).
Tariffs In 2018 the average tariff for Plastics & articles thereof was 7.38%, making it the 63rd lowest tariff using the HS2 product classification.
Ranking Plastics & articles thereof ranks 16th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Plastics & articles thereof. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): China, $130B
Top Destination (2021): United States, $83.4B
Plastics & articles thereof are the world's 7th most traded product.
In 2021, the top exporters of Plastics & articles thereof were China ($130B), Germany ($80.5B), United States ($74.2B), South Korea ($42.8B), and Netherlands ($31.5B).
In 2021, the top importers of Plastics & articles thereof were United States ($83.4B), China ($72.8B), Germany ($52.3B), France ($28.9B), and Italy ($27.5B).
Trade by country
Top Origin Growth (2020 - 2021): China, $32.8B
Top Destination Growth (2020 - 2021): United States, $20B
Between 2020 and 2021, the exports of Plastics & articles thereof grew the fastest in China ($32.8B), Germany ($17.2B), United States ($13.5B), South Korea ($11.6B), and Netherlands ($8.2B).
Between 2020 and 2021, the fastest growing importers of Plastics & articles thereof were United States ($20B), Germany ($12.6B), China ($10.1B), Italy ($8.66B), and Mexico ($7.34B).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Plastics & articles thereof.
In 2021, market concentration measured using Shannon Entropy, was 4.86. This means that most of the exports of Plastics & articles thereof are explained by 29 countries.
This map shows which countries export or import more of Plastics & articles thereof. Each country is colored based on the difference in exports and imports of Plastics & articles thereof during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Plastics & articles thereof were China ($57.1B), South Korea ($29.3B), Germany ($28.2B), Saudi Arabia ($20B), and Chinese Taipei ($17.9B).
In 2021, the countries that had a largest trade value in imports than in exports of Plastics & articles thereof were Mexico ($16.8B), Vietnam ($12B), India ($9.93B), United States ($9.17B), and United Kingdom ($9.08B).
In 2021, the world most traded Plastics & articles thereof, disaggragated by their HS6 level were Plastics & articles thereof ($790B)
This visualization shows the countries that have an important ratio of their trade related to Plastics & articles thereof. It is possible to select the main countries that export or import Plastics & articles thereof in the world, or by continent, as well as select the measure of interest.
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.
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