Scrap PlasticWaste, parings and scrap, of plastics
3915 (Harmonized System 1992 for 4-digit)
2021 World Trade: $3.47B, Rnk 628 / 1217
2021 Top Exporter | Top Importer: $360M | $309M, Germany | United States
2021 Product Complexity: -0.68, Rnk 753 / 1024
2020 - 2021 Export Growth (CAGR): 33.1%, Rnk 273 / 1217
2018 Mean Tariff: 8.65%, Rnk 493 / 1259
2021 Share of World Trade: 0.00016%, Rnk 628 / 1217
Overview This page contains the latest trade data of Scrap Plastic. In 2021, Scrap Plastic were the world's 628th most traded product, with a total trade of $3.47B. Between 2020 and 2021 the exports of Scrap Plastic grew by 33.1%, from $2.6B to $3.47B. Trade in Scrap Plastic represent 0.00016% of total world trade.
Scrap Plastic are a part of Plastics & articles thereof. They include Other plastics waste or scrap, Polyethylene waste or scrap, Polyvinyl chloride waste or scrap, and Polystyrene waste or scrap.
Exports In 2021 the top exporters of Scrap Plastic were Germany ($360M), Japan ($290M), United States ($282M), Netherlands ($273M), and United Kingdom ($164M).
Imports In 2021 the top importers of Scrap Plastic were United States ($309M), Netherlands ($264M), Germany ($247M), Malaysia ($229M), and Turkey ($187M).
Tariffs In 2018 the average tariff for Scrap Plastic was 8.65%, making it the 493rd lowest tariff using the HS4 product classification.
Ranking Scrap Plastic ranks 753rd in the Product Complexity Index (PCI).
Description In many countries, plastic waste is burned to generate electricity. Plastic scrap is melted and reformed into new items. Plastic parings are used to make a number of items including brooms, brushes, and toothbrushes.
The following visualization shows the latest trends on Scrap Plastic. 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): Germany, $360M
Top Destination (2021): United States, $309M
Scrap Plastic are the world's 628th most traded product.
In 2021, the top exporters of Scrap Plastic were Germany ($360M), Japan ($290M), United States ($282M), Netherlands ($273M), and United Kingdom ($164M).
In 2021, the top importers of Scrap Plastic were United States ($309M), Netherlands ($264M), Germany ($247M), Malaysia ($229M), and Turkey ($187M).
Trade by country
Top Origin Growth (2020 - 2021): Netherlands, $125M
Top Destination Growth (2020 - 2021): United States, $108M
Between 2020 and 2021, the exports of Scrap Plastic grew the fastest in Netherlands ($125M), Belgium ($52.2M), Germany ($50.6M), Philippines ($47.4M), and Italy ($47.1M).
Between 2020 and 2021, the fastest growing importers of Scrap Plastic were United States ($108M), Netherlands ($94.5M), Germany ($79.6M), Turkey ($59.7M), and Belgium ($47.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Scrap Plastic.
In 2021, market concentration measured using Shannon Entropy, was 5.22. This means that most of the exports of Scrap Plastic are explained by 37 countries.
This map shows which countries export or import more of Scrap Plastic. Each country is colored based on the difference in exports and imports of Scrap Plastic during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Scrap Plastic were Japan ($286M), Germany ($113M), United Kingdom ($104M), Philippines ($96.5M), and Mexico ($76.4M).
In 2021, the countries that had a largest trade value in imports than in exports of Scrap Plastic were Malaysia ($217M), Turkey ($172M), Vietnam ($155M), Chinese Taipei ($117M), and Indonesia ($52M).
In 2021, the world most traded Scrap Plastic, disaggragated by their HS6 level were Other plastics waste or scrap ($1.73B), Polyethylene waste or scrap ($1.36B), Polystyrene waste or scrap ($195M), and Polyvinyl chloride waste or scrap ($178M)
This visualization shows the countries that have an important ratio of their trade related to Scrap Plastic. It is possible to select the main countries that export or import Scrap Plastic 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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