2023
Exports
$292MWorld Rnk 2 / 174
Flag Rnk 487 / 1217
2023
PRODUCT COMPLEXITY IN Scrap Plastic
-0.57Rnk 725 / 1025
2023
Imports
$296MWorld Rnk 1 / 180
Flag Rnk 649 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $292M in Scrap Plastic, making it the 2nd largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 487th most exported product in United States. The main destination of Scrap Plastic exports from United States are: Canada ($67.5M), Malaysia ($44.3M), Mexico ($39.1M), Vietnam ($33.4M), and India ($24.5M).

The fastest growing export markets for Scrap Plastic of United States between 2022 and 2023 were Vietnam ($26.6M), Thailand ($8.08M), and Malaysia ($6.45M).

Imports In 2023, United States imported $296M in Scrap Plastic, becoming the 1st largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 649th most imported product in United States. United States imports Scrap Plastic primarily from: Canada ($83.6M), Mexico ($51.5M), Thailand ($25.1M), Japan ($14.2M), and Honduras ($14M).

The fastest growing import markets in Scrap Plastic for United States between 2022 and 2023 were Japan ($10.2M), Indonesia ($8.31M), and Thailand ($6.62M).

COMPANIES In 2023, leading companies such as Amazon (363), Ameziel (137), and Continental Materials (134) were at the forefront of shipping Scrap Plastic to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-9.88M(-38.5%)
IMPORT GROWTH (November 2023 - November 2024)$6.01M(26%)
MAIN EXPORTER (November 2024)Missouri$33.9M
MAIN DESTINATION (November 2024)Canada$5.19M

This section shows Scrap Plastic'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 Scrap Plastic over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$292M
IMPORTS (2023)$296M
NET TRADE (2023)-$4.32M

In 2023, United States exported $292M in Scrap Plastic. The main destinations of United States exports on Scrap Plastic were Canada ($67.5M), Malaysia ($44.3M), Mexico ($39.1M), Vietnam ($33.4M), and India ($24.5M).

In 2023, United States imported $296M in Scrap Plastic, mainly from Canada ($83.6M), Mexico ($51.5M), Thailand ($25.1M), Japan ($14.2M), and Honduras ($14M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR United States WERE (2022 - 2023):
Vietnam$26.6M (387%)
Thailand$8.08M (74.3%)
Malaysia$6.45M (17.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY United States WERE (2022 - 2023):
Canada-$18.1M (-21.1%)
India-$13M (-34.7%)
Mexico-$12.3M (-23.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Scrap Plastic were:
In 2023, United States's main importing competitors in Scrap Plastic were:

Explore Visualizations

Trade Value of Scrap Plastic by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.39M
TOP IMPORT POTENTIALCanada+ $7.93M

Scrap Plastic’s highest export potential is Germany. With an export gap of $4.39M.   Scrap Plastic’s highest import potential is Canada with an import gap of $7.93M.

See methodology.

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