2022
Exports
$44.3MWorld Rnk 21 / 181
Flag Rnk 265 / 1208
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Scrap Plastic
-0.71Rnk 759 / 1025
2022
Imports
$10.9MWorld Rnk 45 / 188
Flag Rnk 787 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

The fastest growing export markets for Scrap Plastic of Australia between 2021 and 2022 were Belgium ($3.69M), Netherlands ($3.49M), and Spain ($2.53M).

Imports In 2022, Australia imported $10.9M in Scrap Plastic, becoming the 45th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 787th most imported product in Australia. Australia imports Scrap Plastic primarily from: China ($2.73M), South Korea ($2.7M), Indonesia ($1.21M), Thailand ($1.06M), and Philippines ($1.01M).

Latest Trends

Oct 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 Scrap Plastic. 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)$44.3M
IMPORTS (2022)$10.9M
NET TRADE (2022)$33.3M

In 2022, Australia imported $10.9M in Scrap Plastic, mainly from China ($2.73M), South Korea ($2.7M), Indonesia ($1.21M), Thailand ($1.06M), and Philippines ($1.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Belgium$3.69M (1.88k%)
Netherlands$3.49M (521%)
Spain$2.53M (3.24k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY Australia WERE (2021 - 2022):
United States-$4.72M (-45.6%)
Indonesia-$3.18M (-37.2%)
Latvia-$2.51M (-83.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Scrap Plastic were:
In 2022, Australia's main importing competitors in Scrap Plastic were:

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Trade Value of Scrap Plastic by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.69M
TOP IMPORT POTENTIALChina+ $221k

Scrap Plastic’s highest export potential is United States. With an export gap of $1.69M.   Scrap Plastic’s highest import potential is China with an import gap of $221k.

See methodology.

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