Overview: In 2018, Plastic Lids were the world's 61st most traded product, with a total trade of $55B. Between 2017 and 2018 the exports of Plastic Lids grew by 13.5%, from $48.4B to $55B. Trade in Plastic Lids represent 0.3% of total world trade.
Exports: In 2018 the top exporters of Plastic Lids were China ($9.6B), Germany ($5.33B), United States ($3.97B), France ($2.49B), and Italy ($2.03B).
Imports: In 2018 the top importers of Plastic Lids were United States ($8.62B), Germany ($4.38B), France ($3.12B), Japan ($2.56B), and United Kingdom ($2.54B).
Tariffs: In 2018 the average tariff for Plastic Lids was 11.5%, been the 345 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Plastic Lids are Maldives (135%), Bahamas (36.4%), Ethiopia (30.7%), Uzbekistan (28.6%), and Algeria (27.9%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (1.24%).
Ranking: Plastic Lids ranks 605th in the Product Complexity Index (PCI).