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Pricing

Sacks & bags (including cones) of polymers of ethylen

392321 (Harmonized System 1992 for 6-digit)

2023
World Trade $12.6BRnk 284 / 4644
2023
Top Exporter | Top Importer $2.88B | $2.88BChina | United States
2023
Product Complexity -0.66Rnk 3437 / 4656
2022 - 2023
Export Growth (CAGR) -12.2%Rnk 2938 / 4644
2023
Share of World Trade 0.056%Rnk 284 / 4644

About

Overview This page contains the latest trade data of Bags, cones of polymers of ethylene. In 2023, Bags, cones of polymers of ethylene were the world's 284th most traded product, with a total trade of $12.6B. Between 2022 and 2023 the exports of Bags, cones of polymers of ethylene decreased by -12.2%, from $14.3B to $12.6B. Trade in Bags, cones of polymers of ethylene represent 0.056% of total world trade.

Bags, cones of polymers of ethylene are a part of Plastic Lids.

Exports In 2023 the top exporters of Bags, cones of polymers of ethylene  were China ($2.88B), Germany ($1.02B), Vietnam ($884M), United States ($858M), and Canada ($649M).

Imports In 2023 the top importers of Bags, cones of polymers of ethylene were United States ($2.88B), Japan ($1.08B), Germany ($815M), United Kingdom ($673M), and France ($569M).

Ranking Bags, cones of polymers of ethylene ranks 3437th in the Product Complexity Index (PCI).

Description Sacks and bags of polymers of ethylene are used as packaging for perishable goods, such as vegetables and fruit. They may also be used when storing food in the freezer for a short period of time.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bags, cones of polymers of ethylene. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$2.88B
Top Destination (2023)United States$2.88B

In 2023 Bags, cones of polymers of ethylene were the world's 284th most traded product (out of 4,644).

In 2023, the top exporters of Bags, cones of polymers of ethylene were China ($2.88B), Germany ($1.02B), Vietnam ($884M), United States ($858M), and Canada ($649M).

In 2023, the top importers of Bags, cones of polymers of ethylene were United States ($2.88B), Japan ($1.08B), Germany ($815M), United Kingdom ($673M), and France ($569M).

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Exporters of Bags, cones of polymers of ethylene (2023)
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Importers of Bags, cones of polymers of ethylene (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$18.2M
Top Destination Growth (2022 -  2023)Vietnam$54.4M

Between 2022 and 2023, the exports of Bags, cones of polymers of ethylene grew the fastest in Mexico ($18.2M), Kazakhstan ($10.9M), Serbia ($7.9M), Dominican Republic ($6.33M), and Egypt ($5.85M).

Between 2022 and 2023, the fastest growing importers of Bags, cones of polymers of ethylene were Vietnam ($54.4M), Philippines ($39.3M), Democratic Republic of the Congo ($17.6M), Costa Rica ($16M), and Ireland ($8.31M).

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Exporters of Bags, cones of polymers of ethylene (2022 - 2023)

Importers of Bags, cones of polymers of ethylene (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bags, cones of polymers of ethylene.

In 2023, market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Bags, cones of polymers of ethylene are explained by 25 countries.

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Value of Exports in Bags, cones of polymers of ethylene

Net Trade

TOP NET EXPORTER (2023)China$2.8B
TOP NET IMPORTER (2023)United States$2.02B

This map shows which countries export or import more of Bags, cones of polymers of ethylene. Each country is colored based on the difference in exports and imports of Bags, cones of polymers of ethylene during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bags, cones of polymers of ethylene were China ($2.8B), Vietnam ($745M), Thailand ($561M), Turkey ($421M), and Poland ($362M).

In 2023, the countries that had a largest trade value in imports than in exports of Bags, cones of polymers of ethylene were United States ($2.02B), Japan ($1.03B), United Kingdom ($521M), France ($371M), and Australia ($309M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bags, cones of polymers of ethylene.
It is possible to select the main countries that export or import Bags, cones of polymers of ethylene in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bags, cones of polymers of ethylene by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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