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Sacks & bags, packing, of materials nes

630590 (Harmonized System 1992 for 6-digit)

2023
World Trade $218MRnk 3610 / 4644
2023
Top Exporter | Top Importer $85M | $29.4MChina | United States
2023
Product Complexity -1.5Rnk 4268 / 4656
2022 - 2023
Export Growth (CAGR) -1.95%Rnk 1754 / 4644
2023
Share of World Trade 0.00096%Rnk 3610 / 4644

About

Overview This page contains the latest trade data of Sacks & bags of materials not elsewhere specified. In 2023, Sacks & bags of materials not elsewhere specified were the world's 3610th most traded product, with a total trade of $218M. Between 2022 and 2023 the exports of Sacks & bags of materials not elsewhere specified decreased by -1.95%, from $222M to $218M. Trade in Sacks & bags of materials not elsewhere specified represent 0.00096% of total world trade.

Sacks & bags of materials not elsewhere specified are a part of Packing Bags.

Exports In 2023 the top exporters of Sacks & bags of materials not elsewhere specified  were China ($85M), India ($14.8M), Germany ($11.9M), South Africa ($9.21M), and Slovakia ($8.31M).

Imports In 2023 the top importers of Sacks & bags of materials not elsewhere specified were United States ($29.4M), Philippines ($21.7M), Botswana ($9.14M), United Kingdom ($9.11M), and Ukraine ($7.67M).

Ranking Sacks & bags of materials not elsewhere specified ranks 4268th in the Product Complexity Index (PCI).

Description Sacks and bags are used to store, transport, and carry items. They are often made of cloth or paper.

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Sacks & bags of materials not elsewhere specified. 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$85M
Top Destination (2023)United States$29.4M

In 2023 Sacks & bags of materials not elsewhere specified were the world's 3610th most traded product (out of 4,644).

In 2023, the top exporters of Sacks & bags of materials not elsewhere specified were China ($85M), India ($14.8M), Germany ($11.9M), South Africa ($9.21M), and Slovakia ($8.31M).

In 2023, the top importers of Sacks & bags of materials not elsewhere specified were United States ($29.4M), Philippines ($21.7M), Botswana ($9.14M), United Kingdom ($9.11M), and Ukraine ($7.67M).

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Exporters of Sacks & bags of materials not elsewhere specified (2023)
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Importers of Sacks & bags of materials not elsewhere specified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$5.1M
Top Destination Growth (2022 -  2023)Philippines$10.3M

Between 2022 and 2023, the exports of Sacks & bags of materials not elsewhere specified grew the fastest in India ($5.1M), United States ($2.47M), Lithuania ($2.26M), Slovakia ($1.66M), and China ($1.49M).

Between 2022 and 2023, the fastest growing importers of Sacks & bags of materials not elsewhere specified were Philippines ($10.3M), Bangladesh ($5.18M), United Kingdom ($2.19M), Ukraine ($1.79M), and Netherlands ($1.62M).

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Exporters of Sacks & bags of materials not elsewhere specified (2022 - 2023)

Importers of Sacks & bags of materials not elsewhere specified (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sacks & bags of materials not elsewhere specified.

In 2023, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Sacks & bags of materials not elsewhere specified are explained by 17 countries.

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Value of Exports in Sacks & bags of materials not elsewhere specified

Net Trade

TOP NET EXPORTER (2023)China$83.8M
TOP NET IMPORTER (2023)Philippines$21.6M

This map shows which countries export or import more of Sacks & bags of materials not elsewhere specified. Each country is colored based on the difference in exports and imports of Sacks & bags of materials not elsewhere specified during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sacks & bags of materials not elsewhere specified were China ($83.8M), India ($13.4M), South Africa ($8.88M), Slovakia ($7.87M), and Germany ($7.22M).

In 2023, the countries that had a largest trade value in imports than in exports of Sacks & bags of materials not elsewhere specified were Philippines ($21.6M), United States ($21.6M), Botswana ($9.13M), United Kingdom ($8M), and Ukraine ($7.54M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Sacks & bags of materials not elsewhere specified 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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