2022
Exports
$1.06BWorld Rnk 19 / 220
Flag Rnk 81 / 1212
2022
PRODUCT COMPLEXITY IN Plastic Lids
-0.17Rnk 606 / 1025
2022
Imports
$362MWorld Rnk 42 / 225
Flag Rnk 219 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.06B in Plastic Lids, making it the 19th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 81st most exported product in India. The main destination of Plastic Lids exports from India are: United States ($271M), United Kingdom ($77.2M), United Arab Emirates ($57.9M), Netherlands ($30.3M), and Germany ($22M).

The fastest growing export markets for Plastic Lids of India between 2021 and 2022 were United States ($37.5M), Djibouti ($11.4M), and Russia ($6.15M).

Imports In 2022, India imported $362M in Plastic Lids, becoming the 42nd largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 219th most imported product in India. India imports Plastic Lids primarily from: China ($157M), United States ($36.3M), Italy ($18.2M), Germany ($17.8M), and France ($17.1M).

The fastest growing import markets in Plastic Lids for India between 2021 and 2022 were China ($42.5M), Italy ($7.01M), and South Korea ($5.24M).

COMPANIES In 2023, leading companies such as Spencer Gifts (5), Amazon (4), and Continental Materials (1) were at the forefront of shipping Plastic Lids from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Plastic Lids. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.06B
IMPORTS (2022)$362M
NET TRADE (2022)$695M

In 2022, India exported $1.06B in Plastic Lids. The main destinations of India exports on Plastic Lids were United States ($271M), United Kingdom ($77.2M), United Arab Emirates ($57.9M), Netherlands ($30.3M), and Germany ($22M).

In 2022, India imported $362M in Plastic Lids, mainly from China ($157M), United States ($36.3M), Italy ($18.2M), Germany ($17.8M), and France ($17.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$37.5M (16.1%)
Djibouti$11.4M (143%)
Russia$6.15M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY India WERE (2021 - 2022):
Ethiopia-$28.4M (-77.4%)
United Kingdom-$7.53M (-8.89%)
Mali-$6.67M (-56%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Plastic Lids were:
In 2022, India's main importing competitors in Plastic Lids were:

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $149M
TOP IMPORT POTENTIALChina+ $134M

Plastic Lids’s highest export potential is United States. With an export gap of $149M.   Plastic Lids’s highest import potential is China with an import gap of $134M.

See methodology.

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