Overview This page contains the latest trade data of Plastics and Rubbers. In 2020, Plastics and Rubbers were the world's 6th most traded product, with a total trade of $782B. Between 2019 and 2020 the exports of Plastics and Rubbers decreased by -3.77%, from $812B to $782B. Trade in Plastics and Rubbers represent 4.67% of total world trade.
Plastics and Rubbers include Rubber Tires, Ethylene Polymers, Other Plastic Products, Polyacetals, Raw Plastic Sheeting, Plastic Lids, Propylene Polymers, Styrene Polymers, Other Plastic Sheetings, and Other Rubber Products, among others.
Exports In 2020 the top exporters of Plastics and Rubbers were China ($120B), Germany ($78B), United States ($72B), South Korea ($37.9B), and Japan ($34.8B).
Imports In 2020 the top importers of Plastics and Rubbers were United States ($90.8B), China ($77.8B), Germany ($53.7B), France ($28.7B), and Mexico ($25B).
Tariffs In 2018 the average tariff for Plastics and Rubbers was 7.55%, making it the 14th lowest tariff using the Section product classification.
The countries with the highest import tariffs for Plastics and Rubbers are Bahamas (32.4%), Maldives (29.9%), and Bermuda (25.1%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (0.63%).
Ranking Plastics and Rubbers ranks 7th in the Product Complexity Index (PCI).