Overview This page contains the latest trade data of Scrap Plastic. In 2019, Scrap Plastic were the world's 622nd most traded product, with a total trade of $3.17B. Between 2018 and 2019 the exports of Scrap Plastic decreased by -12.2%, from $3.61B to $3.17B. Trade in Scrap Plastic represent 0.017% of total world trade.
Exports In 2019 the top exporters of Scrap Plastic were Germany ($381M), Japan ($340M), United States ($283M), Netherlands ($156M), and France ($155M).
Imports In 2019 the top importers of Scrap Plastic were Malaysia ($235M), United States ($215M), Germany ($201M), Netherlands ($172M), and China ($172M).
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 738th 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.