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2023
Exports $6.69BWorld Rnk 2 / 218
Flag Rnk 46 / 1217
2023
Destination $134M Mexico
2022 - 2023
FASTEST GROWING MARKET $134MMexico
2023
PRODUCT COMPLEXITY IN Plastic Lids-0.18Rnk 612 / 1025
2023
Imports $9.17BWorld Rnk 1 / 225
Flag Rnk 64 / 1215
2023
Origin $14.6M Canada
2022 - 2023
FASTEST GROWING ORIGIN $14.6MSwitzerland
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $6.69B in Plastic Lids, making it the 2nd largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 46th most exported product in United States. The main destination of Plastic Lids exports from United States are: Mexico ($2.71B), Canada ($2.15B), Ireland ($151M), Germany ($140M), and United Kingdom ($112M).

The fastest growing export markets for Plastic Lids of United States between 2022 and 2023 were Mexico ($134M), Costa Rica ($18.2M), and Norway ($7.01M).

Imports In 2023, United States imported $9.17B in Plastic Lids, becoming the 1st largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 64th most imported product in United States. United States imports Plastic Lids primarily from: Canada ($2.16B), China ($2.01B), Mexico ($1.57B), Chinese Taipei ($509M), and Vietnam ($332M).

The fastest growing import markets in Plastic Lids for United States between 2022 and 2023 were Switzerland ($14.6M), Honduras ($8.49M), and Hungary ($4.63M).

COMPANIES In 2024, leading companies such as Toyota (375), Robert Bosch (259), and Lollicup (189) were at the forefront of shipping Plastic Lids to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Plastic Lids exports accounted up to $576M and imports accounted up to $818M, resulting in a negative trade balance of $242M. Between January 2024 and January 2025 the exports of United States'   Plastic Lids have increased by $47.7M (9.03%) from $528M to $576M, while imports increased by $66.6M (8.87%) from $751M to $818M.

Destinations In January 2025, Plastic Lids were exported mostly to Mexico ($192M), Canada ($155M), United Kingdom ($12.2M), Japan ($11.5M), and China ($10M), and were imported mostly from Canada ($179M), China ($175M), Mexico ($118M), Chinese Taipei ($41.9M), and Thailand ($34.7M).

Growth In January 2025, the increase in Plastic Lids's year-by-year exports was explained primarily by an increase in exports to Mexico ($9.5M or 4.57%), Japan ($1.6M or 16.3%), and Thailand ($1.59M or 153%). In January 2025, the increase in Plastic Lids's year-by-year imports was explained primarily by an increase in imports from China ($8.75M or 5.22%), South Korea ($6.05M or 22.2%), and Malaysia ($5.82M or 42.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$47.7M(9.03%)
IMPORT GROWTH (January 2024 - January 2025)$66.6M(8.87%)
MAIN EXPORTER (January 2025)Texas$103M
MAIN DESTINATION (January 2025)Mexico$192M

This section shows Plastic Lids's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Plastic Lids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.69B
IMPORTS (2023)$9.17B
NET TRADE (2023)-$2.48B

In 2023, United States exported $6.69B in Plastic Lids. The main destinations of United States exports on Plastic Lids were Mexico ($2.71B), Canada ($2.15B), Ireland ($151M), Germany ($140M), and United Kingdom ($112M).

In 2023, United States imported $9.17B in Plastic Lids, mainly from Canada ($2.16B), China ($2.01B), Mexico ($1.57B), Chinese Taipei ($509M), and Vietnam ($332M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$134M (5.19%)
Costa Rica$18.2M (21.1%)
Norway$7.01M (58.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY United States WERE (2022 - 2023):
Canada-$160M (-6.94%)
South Korea-$56.7M (-45.6%)
United Kingdom-$33.9M (-23.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Plastic Lids were:
China $11.4B
Germany $6.4B
In 2023, United States's main importing competitors in Plastic Lids were:
Germany $4.17B
Mexico $3.61B

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $82.6M
TOP IMPORT POTENTIALCanada+ $233M

Plastic Lids’s highest export potential is Germany. With an export gap of $82.6M.   Plastic Lids’s highest import potential is Canada with an import gap of $233M.

See methodology.

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