HS Icon Scrap Plastic

Waste, parings and scrap, of plastics

3915 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Scrap Plastic. In 2020, Scrap Plastic were the world's 641st most traded product, with a total trade of $2.6B. Between 2019 and 2020 the exports of Scrap Plastic decreased by -19.1%, from $3.21B to $2.6B. Trade in Scrap Plastic represent 0.016% of total world trade.

Scrap Plastic are a part of Plastics and 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 2020 the top exporters of Scrap Plastic  were Germany ($312M), Japan ($282M), United States ($239M), Netherlands ($148M), and United Kingdom ($135M).

Imports In 2020 the top importers of Scrap Plastic were Malaysia ($261M), United States ($202M), Netherlands ($170M), Germany ($166M), and Vietnam ($133M).

Tariffs In 2018 the average tariff for Scrap Plastic was 8.65%, making it the 493rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Scrap Plastic are Bahamas (41.8%), Iran (30%), Nepal (29.5%), and Bhutan (29.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Scrap Plastic ranks 745th 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.

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Y-AXIS SCALE

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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Germany, $312M

Top Destination (2020): Malaysia, $261M

Scrap Plastic are the world's 641st most traded product.

In 2020, the top exporters of Scrap Plastic were Germany ($312M), Japan ($282M), United States ($239M), Netherlands ($148M), and United Kingdom ($135M).

In 2020, the top importers of Scrap Plastic were Malaysia ($261M), United States ($202M), Netherlands ($170M), Germany ($166M), and Vietnam ($133M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $30.9M

Top Destination Growth (2019 - 2020): Turkey, $25M

Between 2019 and 2020, the exports of Scrap Plastic grew the fastest in China ($30.9M), Bangladesh ($4.66M), Ireland ($2.29M), Tanzania ($2.14M), and Sweden ($1.62M).

Between 2019 and 2020, the fastest growing importers of Scrap Plastic were Turkey ($25M), Malaysia ($23.7M), Kenya ($8.5M), Vietnam ($6.91M), and Mexico ($6M).

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Market Concentration

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Cumulative market share

Value

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

In 2020,  market concentration measured using Shannon Entropy, was 5.06. This means that most of the exports of Scrap Plastic are explained by 33 countries.

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TOP NET EXPORTER (2020): Japan, $280M

TOP NET IMPORTER (2020): Malaysia, $251M

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 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Scrap Plastic were Japan ($280M), Germany ($146M), Mexico ($73.6M), United Kingdom ($67.4M), and Philippines ($57.4M).

In 2020, the countries that had a largest trade value in imports than in exports of Scrap Plastic were Malaysia ($251M), Vietnam ($117M), Turkey ($117M), Chinese Taipei ($94.6M), and Hong Kong ($51.7M).

Disaggregation

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Value

In 2020, the world most traded Scrap Plastic, disaggragated by their HS6 level were Other plastics waste or scrap ($1.38B), Polyethylene waste or scrap ($921M), Polystyrene waste or scrap ($157M), and Polyvinyl chloride waste or scrap ($142M)

Country Comparison

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Measure
Ranking

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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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