2023
Exports
$11.4MWorld Rnk 48 / 174
Flag Rnk 853 / 1212
2023
PRODUCT COMPLEXITY IN Scrap Plastic
-0.57Rnk 725 / 1025
2023
Imports
$44.4MWorld Rnk 19 / 180
Flag Rnk 610 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $11.4M in Scrap Plastic, making it the 48th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 853rd most exported product in India. The main destination of Scrap Plastic exports from India are: United States ($8.31M), Russia ($798k), Italy ($681k), Germany ($324k), and Vietnam ($225k).

The fastest growing export markets for Scrap Plastic of India between 2022 and 2023 were United States ($5.7M), Germany ($272k), and Russia ($166k).

Imports In 2023, India imported $44.4M in Scrap Plastic, becoming the 19th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 610th most imported product in India. India imports Scrap Plastic primarily from: United States ($24.5M), Japan ($5.57M), Canada ($2.73M), Israel ($1.81M), and Belgium ($1.4M).

The fastest growing import markets in Scrap Plastic for India between 2022 and 2023 were Japan ($1.35M), Canada ($1.23M), and Israel ($458k).

Latest Trends

Jan 2025

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 (2023)$11.4M
IMPORTS (2023)$44.4M
NET TRADE (2023)-$33M

In 2023, India exported $11.4M in Scrap Plastic. The main destinations of India exports on Scrap Plastic were United States ($8.31M), Russia ($798k), Italy ($681k), Germany ($324k), and Vietnam ($225k).

In 2023, India imported $44.4M in Scrap Plastic, mainly from United States ($24.5M), Japan ($5.57M), Canada ($2.73M), Israel ($1.81M), and Belgium ($1.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR India WERE (2022 - 2023):
United States$5.7M (219%)
Germany$272k (521%)
Russia$166k (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY India WERE (2022 - 2023):
Italy-$1.46M (-68.2%)
Netherlands-$543k (-100%)
Bangladesh-$484k (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Scrap Plastic were:
In 2023, India'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+ $1.42M
TOP IMPORT POTENTIALJapan+ $1.76M

Scrap Plastic’s highest export potential is United States. With an export gap of $1.42M.   Scrap Plastic’s highest import potential is Japan with an import gap of $1.76M.

See methodology.

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