Plastic or its articles are right now one of the highly sought global commodities that play an essential role in the day-to-day life of a normal being. Ranging from water bottles to storage bags, kitchen accessories, household appliances and many more options manufactured from Teflon, silicones, polyethylene, and polyamides are the choices getting popularity at a global rate leading to more of its manufacturing rate. Plastic articles are now even recycled in vast amounts across the globe to make them an environment-friendly product.

The globally increasing demand for plastic and its article is raising the manufacturing standards of this commodity. Producers across the world are trying to induce more of its variations to meet global needs. Processes like injection molding, blow molding, thermoforming, and many others are used for its manufacturing depending on its size and shape. The rising demand for this globally traded commodity along with other attributing factors like production rate have recorded a global consumption rate of 800 billion US dollars in 2023 accompanied by an import and export trade value of 320 billion US dollars and 380 billion US dollars.

Top Importers of Plastic Articles 2023

Countless imports have been made every year from different industries across the globe to meet the global demand for plastic articles. Due to the high requirements of plastic articles in daily life, its production rate along with its trade revenue is rotating consecutively to account the global consumption. As per the Global Plastic Articles Trade Data, the top importers of this globally sought commodity with its trade values of 2023 are discussed below,

• United States – According to USA Import Data, the import trade value of plastic articles in 2023 is 50 billion US dollars.

• China – According to China Import Data, the import trade value of plastic articles in 2023 is 40 billion US dollars.

• Germany – According to Germany Import Data, the import trade value of plastic articles in 2023 is 30 billion US dollars.

• Japan – According to Japan Import Data, the import trade value of plastic articles in 2023 is 20 billion US dollars.

• France – According to France Import Data, the import trade value of plastic articles in 2023 is 15 billion US dollars.

• Italy – According to Italy Import Data, the import trade value of plastic articles in 2023 is 10 billion US dollars.

• Canada – According to Canada Import Data, the import trade value of plastic articles in 2023 is 8 billion US dollars.

• Mexico – According to Mexico Import Data, the import trade value of plastic articles in 2023 is 5 billion US dollars.

• United Kingdom – According to United Kingdom Import Data, the import trade value of plastic articles in 2023 is 4 billion US dollars.

• South Korea – According to South Korea Import Data, the import trade value of plastic articles in 2023 is 3 billion US dollars.

Top Exporters of Plastic Articles 2023

Due to the rising global demand for plastic and its articles, different industries have been manufacturing it at a massive rate which is leading to a higher number of exports of the product. As per the Global Plastic Export Data, the top exporters of plastic with trade values of 2023 are discussed below,

• China – As per the China Export Data, the export trade value of plastic articles in 2023 is 100 billion US dollars.

• Germany – As per the Germany Export Data, the export trade value of plastic articles in 2023 is 50 billion US dollars.

• United States – As per the USA Export Data, the export trade value of plastic articles in 2023 is 30 billion US dollars.

• Italy – As per the Italy Export Data, the export trade value of plastic articles in 2023 is 25 billion US dollars.

• Netherlands – As per the Netherlands Export Data, the export trade value of plastic articles in 2023 is 20 billion US dollars.

• France – As per the France Export Data, the export trade value of plastic articles in 2023 is 15 billion US dollars.

• Japan – As per the Japan Export Data, the export trade value of plastic articles in 2023 is 12 billion US dollars.

• Canada – As per the Canada Export Data, the export trade value of plastic articles in 2023 is 10 billion US dollars.

• United Kingdom – As per the United Kingdom Export Data, the export trade value of plastic articles in 2023 is 8 billion US dollars.

• Belgium – As per the Belgium Export Data, the export trade value of plastic articles in 2023 is 7 billion US dollars.

Top 10 Leading Producers of Plastic 2023

The total global trade rate of plastic and its articles is mainly because of the manufacturing industries present worldwide. They account for the total import and export global trade of all the top global traders and contribute to the revenue. As per the Global Plastic Customs Data, the leading producers of plastic in 2023 with its trade values are discussed below,

• Exxon Mobil Corporation – Total generated revenue of Exxon Mobil Corporation 2023 – 21 billion US dollars.

• Dow Chemical Company – Total generated revenue of Dow Chemical Company 2023 – 14 billion US dollars.

• Saudi Basic Industries Corporation – Total generated revenue of Saudi Basic Industries Corporation 2023 – 10 billion US dollars.

• Formosa Plastics Group – Total generated revenue of Formosa Plastics Group 2023 – 8 billion US dollars.

• BASF.SE – Total generated revenue of BASF.SE 2023 – 7 billion US dollars.

• China Petroleum and Chemical Corporation – Total generated revenue of China.

• Petroleum and Chemical Corporation 2023 – 6 billion US dollars.

• Lyondell Basell Industries – Total generated revenue of Lyondell Basell Industries 2023 – 4 billion US dollars.

• INEOS Group Holdings SA – Total generated revenue of INEOS Group Holdings SA 2023 – 3 billion US dollars.

• Reliance Industries Limited – Total generated revenue of Reliance Industries Limited 2023 – 2 billion US dollars.

• Mitsui Chemicals Inc – Total generated revenue of Mitsui Chemicals Inc 2023 – 1 billion US dollars.

FAQ’s

Que. What is the global production rate of plastic articles in 2023?
Ans. The global production rate of plastic articles in 2023 is 800 billion US dollars.

Que. Who is the top producer of plastic articles?
Ans. Exxon Mobil Corporation is the top producer of plastic articles.

Que. Where can you get the detailed global trade of Plastic articles Import and Export?
Ans. At Import Globals, you can get a detailed trade analysis of plastic articles import and export.

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