New regulations, supply chain problems make waste plastic trade increasingly regional

OECD monitoring report: Trade statistics suggest quality of waste plastics leaving the OECD is improving

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The international trade in waste plastics is becoming increasingly regional, while the role of transcontinental shipments is growing less important, the OECD reports. Stricter national and international controls on this waste stream and logistics difficulties were among the factors limiting inter-continental exports of waste plastics in the early months of 2021, according to the organisation's working paper "Monitoring trade in plastic waste and scrap". Using figures from the UN's Comtrade database, its authors also examined the longer-term trends and evaluated the full-year data which are now available for 2020.

Likely, the most important influence on waste plastic trade flows last year, according to the report, were the amendments to the annexes of the Basel Convention and the linked appendices of the OECD Decision on transboundary movements of wastes for recovery which went into effect on 1 January 2021....

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