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630533 (Harmonized System 1996 for 6-digit)

2023
World Trade $1.77BRnk 1569 / 4766
2023
Top Exporter | Top Importer $627M | $183MChina | United States
2023
Product Complexity -2.13Rnk 4677 / 4780
2022 - 2023
Export Growth (CAGR) -14.8%Rnk 3312 / 4766
2023
Share of World Trade 0.0078%Rnk 1569 / 4766

About

Overview This page contains the latest trade data of Sacks and bags not flexible intermediate bulk containers. In 2023, Sacks and bags not flexible intermediate bulk containers were the world's 1569th most traded product, with a total trade of $1.77B. Between 2022 and 2023 the exports of Sacks and bags not flexible intermediate bulk containers decreased by -14.8%, from $2.08B to $1.77B. Trade in Sacks and bags not flexible intermediate bulk containers represent 0.0078% of total world trade.

Sacks and bags not flexible intermediate bulk containers are a part of Sacks and bags, of a kind used for the packing of goods.

Exports In 2023 the top exporters of Sacks and bags not flexible intermediate bulk containers  were China ($627M), India ($198M), Vietnam ($149M), Turkey ($107M), and Egypt ($53.4M).

Imports In 2023 the top importers of Sacks and bags not flexible intermediate bulk containers were United States ($183M), Russia ($79.1M), Japan ($57.3M), Burma ($55.4M), and Thailand ($52.9M).

Ranking Sacks and bags not flexible intermediate bulk containers ranks 4677th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sacks and bags not flexible intermediate bulk containers. 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$627M
Top Destination (2023)United States$183M

In 2023 Sacks and bags not flexible intermediate bulk containers were the world's 1569th most traded product (out of 4,766).

In 2023, the top exporters of Sacks and bags not flexible intermediate bulk containers were China ($627M), India ($198M), Vietnam ($149M), Turkey ($107M), and Egypt ($53.4M).

In 2023, the top importers of Sacks and bags not flexible intermediate bulk containers were United States ($183M), Russia ($79.1M), Japan ($57.3M), Burma ($55.4M), and Thailand ($52.9M).

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Exporters of Sacks and bags not flexible intermediate bulk containers (2023)
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Importers of Sacks and bags not flexible intermediate bulk containers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Cote d'Ivoire$3.83M
Top Destination Growth (2022 -  2023)Mozambique$9.66M

Between 2022 and 2023, the exports of Sacks and bags not flexible intermediate bulk containers grew the fastest in Cote d'Ivoire ($3.83M), United Kingdom ($3.52M), Thailand ($2.31M), Hong Kong ($2.16M), and Togo ($2.04M).

Between 2022 and 2023, the fastest growing importers of Sacks and bags not flexible intermediate bulk containers were Mozambique ($9.66M), Thailand ($9.32M), Ghana ($8.98M), Bangladesh ($6.19M), and Togo ($5.82M).

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Exporters of Sacks and bags not flexible intermediate bulk containers (2022 - 2023)

Importers of Sacks and bags not flexible intermediate bulk containers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sacks and bags not flexible intermediate bulk containers.

In 2023, market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Sacks and bags not flexible intermediate bulk containers are explained by 17 countries.

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Value of Exports in Sacks and bags not flexible intermediate bulk containers

Net Trade

TOP NET EXPORTER (2023)China$622M
TOP NET IMPORTER (2023)United States$144M

This map shows which countries export or import more of Sacks and bags not flexible intermediate bulk containers. Each country is colored based on the difference in exports and imports of Sacks and bags not flexible intermediate bulk containers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sacks and bags not flexible intermediate bulk containers were China ($622M), India ($197M), Vietnam ($134M), Turkey ($104M), and Egypt ($47.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Sacks and bags not flexible intermediate bulk containers were United States ($144M), Russia ($76.2M), Japan ($56.6M), Burma ($54.3M), and Chinese Taipei ($39.6M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Sacks and bags not flexible intermediate bulk containers.
It is possible to select the main countries that export or import Sacks and bags not flexible intermediate bulk containers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sacks and bags not flexible intermediate bulk containers 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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