India exports plastic to more than 200 countries in the world. The top 5 consumer and houseware product importing countries are USA, Germany Japan, the UK and France. India largely exports plastic and related products to USA, China, UAE, Germany, Italy, the UK, Bangladesh, Nepal, Turkey, France, Viet Nam, Indonesia, etc. The total value of exports to USA, the largest consumer of the Indian plastic industry, stood at US$ 1,485.8 million in 2020-21, an increase of 8.2% yoy. China is the second largest consumer of plastic export products from India and the total value of exports stood at US$ 1,266.08 million, an increase of 20.9% yoy. USA and China constituted 15.0%, and 12.8%, of the total plastic exports in 2020-21.
The total plastic exports from India to France during 2020-21 was around US$ 162 million. In order to boost exports to France and Europe, the PLEXCONCIL collaborated with Indo-French Chamber in the first quarter of 2021-22. The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Mr. Piyush Goyal, recently urged the industry to adopt international standards to help it expand its global footprint. India has recently signed a free-trade agreement with UAE and Australia, which will give the plastics industry new opportunities.