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2022
Exports $239MWorld Rnk 5 / 181
Flag Rnk 240 / 1216
2022
Destination $23.7M Netherlands
2021 - 2022
FASTEST GROWING MARKET $23.7MNetherlands
2022
PRODUCT COMPLEXITY IN Scrap Plastic-0.71Rnk 759 / 1025
2022
Imports $75.4MWorld Rnk 16 / 188
Flag Rnk 656 / 1214
2022
Origin $6.75M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $6.75MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $239M in Scrap Plastic, making it the 5th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 240th most exported product in United Kingdom. The main destination of Scrap Plastic exports from United Kingdom are: Netherlands ($65.4M), Turkey ($27.6M), Germany ($21M), Italy ($18.4M), and Spain ($16.5M).

The fastest growing export markets for Scrap Plastic of United Kingdom between 2021 and 2022 were Netherlands ($23.7M), Belgium ($9.89M), and Germany ($8.5M).

Imports In 2022, United Kingdom imported $75.4M in Scrap Plastic, becoming the 16th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 656th most imported product in United Kingdom. United Kingdom imports Scrap Plastic primarily from: Netherlands ($26.8M), Ireland ($10.8M), Belgium ($6.7M), Germany ($6.36M), and Turkey ($4.87M).

The fastest growing import markets in Scrap Plastic for United Kingdom between 2021 and 2022 were Netherlands ($6.75M), Turkey ($3.6M), and Tanzania ($2.83M).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Scrap Plastic from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Scrap Plastic exports accounted up to £35.1M and imports accounted up to £4.46M, resulting in a positive trade balance of £30.7M. Between June 2023 and June 2024 the exports of United Kingdom's   Scrap Plastic have increased by £15.3M (77.1%) from £19.8M to £35.1M, while imports increased by £153k (3.55%) from £4.31M to £4.46M.

Destinations In June 2024, Scrap Plastic were exported mostly to Spain (£20.3M), Belgium (£3.15M), Netherlands (£2.92M), Turkey (£2.87M), and Germany (£1.28M), and were imported mostly from Ireland (£1.66M), Netherlands (£431k), Belgium (£420k), Germany (£418k), and Israel (£387k).

Growth In June 2024, the increase in Scrap Plastic's year-by-year exports was explained primarily by an increase in exports to Belgium (£22.9M or 4.09k%), Spain (£15.8M or 1.8k%), and Germany (£6.63M or 617%). In June 2024, the increase in Scrap Plastic's year-by-year imports was explained primarily by an increase in imports from Ireland (£713k or 196%), Sweden (£89.4k or 1.39k%), and United States (£71.6k or 685%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£15.3M(77.1%)
IMPORT GROWTH (June 2023 - June 2024)£153k(3.55%)
MAIN EXPORTER (June 2024)Immingham£3.49M
MAIN DESTINATION (June 2024)Spain£20.3M

This section shows Scrap Plastic's exports and imports data at subnational level for United Kingdom. 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 Scrap Plastic over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$239M
IMPORTS (2022)$75.4M
NET TRADE (2022)$163M

In 2022, United Kingdom exported $239M in Scrap Plastic. The main destinations of United Kingdom exports on Scrap Plastic were Netherlands ($65.4M), Turkey ($27.6M), Germany ($21M), Italy ($18.4M), and Spain ($16.5M).

In 2022, United Kingdom imported $75.4M in Scrap Plastic, mainly from Netherlands ($26.8M), Ireland ($10.8M), Belgium ($6.7M), Germany ($6.36M), and Turkey ($4.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$23.7M (56.7%)
Belgium$9.89M (178%)
Germany$8.5M (68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY United Kingdom WERE (2021 - 2022):
United States-$3.26M (-84.7%)
Lithuania-$825k (-50.1%)
Luxembourg-$670k (-64.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Scrap Plastic were:
Germany $355M
Netherlands $309M
United States $290M
In 2022, United Kingdom's main importing competitors in Scrap Plastic were:
United States $331M
Germany $305M
Netherlands $295M

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Trade Value of Scrap Plastic by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.53M
TOP IMPORT POTENTIALGermany+ $3.25M

Scrap Plastic’s highest export potential is Germany. With an export gap of $5.53M.   Scrap Plastic’s highest import potential is Germany with an import gap of $3.25M.

See methodology.

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