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Sacks & bags (including cones) of polymers of ethylen

392321 (Harmonized System 1992 for 6-digit)

2022
World Trade $14.2BRnk 258 / 4648
2022
Top Exporter | Top Importer $3.32B | $3.29BChina | United States
2022
Product Complexity -0.69Rnk 3461 / 4653
2021 - 2022
Export Growth (CAGR) 6.91%Rnk 1978 / 4648
2022
Share of World Trade 0.06%Rnk 258 / 4648

About

Overview This page contains the latest trade data of Bags, cones of polymers of ethylene. In 2022, Bags, cones of polymers of ethylene were the world's 258th most traded product, with a total trade of $14.2B. Between 2021 and 2022 the exports of Bags, cones of polymers of ethylene grew by 6.91%, from $13.3B to $14.2B. Trade in Bags, cones of polymers of ethylene represent 0.06% of total world trade.

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

Exports In 2022 the top exporters of Bags, cones of polymers of ethylene  were China ($3.32B), Germany ($1.13B), Vietnam ($1.04B), United States ($929M), and Thailand ($784M).

Imports In 2022 the top importers of Bags, cones of polymers of ethylene were United States ($3.29B), Japan ($1.2B), Germany ($994M), United Kingdom ($754M), and France ($651M).

Ranking Bags, cones of polymers of ethylene ranks 3461st 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 (2022)China$3.32B
Top Destination (2022)United States$3.29B

In 2022 Bags, cones of polymers of ethylene were the world's 258th most traded product (out of 4,648).

In 2022, the top exporters of Bags, cones of polymers of ethylene were China ($3.32B), Germany ($1.13B), Vietnam ($1.04B), United States ($929M), and Thailand ($784M).

In 2022, the top importers of Bags, cones of polymers of ethylene were United States ($3.29B), Japan ($1.2B), Germany ($994M), United Kingdom ($754M), and France ($651M).

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Exporters of Bags, cones of polymers of ethylene (2022)
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Importers of Bags, cones of polymers of ethylene (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$251M
Top Destination Growth (2021 -  2022)United States$175M

Between 2021 and 2022, the exports of Bags, cones of polymers of ethylene grew the fastest in China ($251M), Vietnam ($174M), Thailand ($110M), United States ($81.9M), and Mexico ($64.4M).

Between 2021 and 2022, the fastest growing importers of Bags, cones of polymers of ethylene were United States ($175M), Japan ($155M), Germany ($121M), Australia ($66.5M), and Mexico ($55.6M).

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Exporters of Bags, cones of polymers of ethylene (2021 - 2022)

Importers of Bags, cones of polymers of ethylene (2021 - 2022)

Market Concentration

Value

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

In 2022, 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 (2022)China$3.22B
TOP NET IMPORTER (2022)United States$2.36B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bags, cones of polymers of ethylene were China ($3.22B), Vietnam ($954M), Thailand ($677M), Turkey ($452M), and Malaysia ($432M).

In 2022, the countries that had a largest trade value in imports than in exports of Bags, cones of polymers of ethylene were United States ($2.36B), Japan ($1.11B), United Kingdom ($589M), France ($481M), and Australia ($440M).

Net Trade (2022)

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 (2022)

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