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.