Scrap Plastic in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $107M in Scrap Plastic, making it the 11th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 383rd most exported product in Canada. The main destination of Scrap Plastic exports from Canada are: United States ($96.8M), Malaysia ($1.91M), Turkey ($1.86M), Spain ($1.81M), and India ($1.68M).

The fastest growing export markets for Scrap Plastic of Canada between 2021 and 2022 were United States ($11.1M), Spain ($1.3M), and India ($1.19M).

Imports In 2022, Canada imported $109M in Scrap Plastic, becoming the 12th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 546th most imported product in Canada. Canada imports Scrap Plastic primarily from: United States ($88.8M), Colombia ($4.93M), France ($3.23M), Ecuador ($2.8M), and Mexico ($1.92M).

The fastest growing import markets in Scrap Plastic for Canada between 2021 and 2022 were Colombia ($4.89M), Mexico ($1.56M), and Italy ($744k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Scrap Plastic from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Scrap Plastic exports accounted up to C$9.9M and imports accounted up to C$8.66M, resulting in a positive trade balance of C$1.24M. Between January 2023 and January 2024 the exports of Canada's Scrap Plastic have increased by C$286k (2.98%) from C$9.61M to C$9.9M, while imports decreased by C$-264k (-2.96%) from C$8.92M to C$8.66M.

Destinations In January 2024, Scrap Plastic were exported mostly to United States (C$9.07M), Malaysia (C$286k), Spain (C$165k), India (C$141k), and Turkey (C$137k), and were imported mostly from United States (C$7.72M), France (C$560k), Colombia (C$287k), United Kingdom (C$34.9k), and Canada (C$29.2k).

Growth In January 2024, the increase in Scrap Plastic's year-by-year exports was explained primarily by an increase in exports to India (C$260k or 874%), Netherlands (C$115k or 629%), and Malaysia (C$109k or 128%). In January 2024, the decrease in Scrap Plastic's year-by-year imports was explained primarily by a decrease in imports from United States (C$-940k or -11.6%), United Kingdom (C$-84.6k or -74.3%), and Colombia (C$-34.7k or -15.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$286k(2.98%)

IMPORT GROWTH (January 2023 - January 2024)C$-264k(-2.96%)

MAIN EXPORTER (January 2024)OntarioC$6.45M

MAIN DESTINATION (January 2024)United StatesC$9.07M

This section shows Scrap Plastic's exports and imports data at subnational level for Canada. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$107M

IMPORTS (2022)$109M

NET TRADE (2022)-$2.58M

In 2022, Canada exported $107M in Scrap Plastic. The main destinations of Canada exports on Scrap Plastic were United States ($96.8M), Malaysia ($1.91M), Turkey ($1.86M), Spain ($1.81M), and India ($1.68M).

In 2022, Canada imported $109M in Scrap Plastic, mainly from United States ($88.8M), Colombia ($4.93M), France ($3.23M), Ecuador ($2.8M), and Mexico ($1.92M).

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