Overview This page contains the latest trade data of Plastics and Rubbers. In 2019, Plastics and Rubbers were the world's 6th most traded product, with a total trade of $817B. Between 2018 and 2019 the exports of Plastics and Rubbers decreased by -4.54%, from $856B to $817B. Trade in Plastics and Rubbers represent 4.51% of total world trade.
Exports In 2019 the top exporters of Plastics and Rubbers were China ($110B), Germany ($82.4B), United States ($79.4B), South Korea ($40.1B), and Japan ($37B).
Imports In 2019 the top importers of Plastics and Rubbers were United States ($88.9B), China ($75.7B), Germany ($58.3B), France ($32.2B), and Mexico ($28.7B).
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 5th in the Product Complexity Index (PCI).