Overview: This page contains the latest trade data of Plastics and Rubbers. In 2018, Plastics and Rubbers were the world's 6th most traded product, with a total trade of $845B. Between 2017 and 2018 the exports of Plastics and Rubbers grew by 11.2%, from $760B to $845B. Trade in Plastics and Rubbers represent 4.59% of total world trade.
Exports: In 2018 the top exporters of Plastics and Rubbers were China ($106B), Germany ($89B), United States ($76.5B), South Korea ($42.8B), and Japan ($38.1B).
Imports: In 2018 the top importers of Plastics and Rubbers were United States ($89.9B), China ($79.3B), Germany ($63.9B), France ($34.1B), and Mexico ($30.4B).
Tariffs: In 2018 the average tariff for Plastics and Rubbers was 7.65%, making it the 13th lowest tariff using the Section product classification.
The countries with the highest import tariffs for Plastics and Rubbers are Bahamas (32.4%), Maldives (30.2%), Bermuda (25.1%), Iran (16.9%), and Pakistan (16.6%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (0.63%).
Ranking: Plastics and Rubbers ranks 8th in the Product Complexity Index (PCI).