HS Icon Paper Labels

4821 (Harmonized System 1992 for 4-digit)

World Trade (2018): $5.08B, Rnk 497 / 1225

Top Exporter (2018): $844M, China

Top Importer (2018): $413M, United States

Product Complexity (2018): -0.15, Rnk 598 / 1018

Export Growth (CAGR)(2017 - 2018): 4.62%, Rnk 983 / 1225

Mean Tariff (2018): 10.7%, Rnk 389 / 1259

Share of World Trade (2018): 0.028%, Rnk 497 / 1225

Overview:  This page contains the latest trade data of Paper Labels. In 2018, Paper Labels were the world's 497th most traded product, with a total trade of $5.08B. Between 2017 and 2018 the exports of Paper Labels grew by 4.62%, from  $4.86B to $5.08B. Trade in Paper Labels represent 0.028% of total world trade.

Exports: In 2018 the top exporters of Paper Labels  were China ($844M), United States ($560M), Germany ($512M), Hong Kong ($357M), and Netherlands ($259M).

Imports: In 2018 the top importers of Paper Labels were United States ($413M), Germany ($338M), Hong Kong ($333M), France ($275M), and Mexico ($238M).

Tariffs: In 2018 the average tariff for Paper Labels was 10.7%, been the 389 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Paper Labels are Iran (50%), Bahamas (41.1%), Fiji (31.1%), Sri Lanka (30%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), South Korea (0%), and Maldives (0%).

Ranking: Paper Labels ranks 598th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $844M

Top Destination (2018): United States, $413M

Paper Labels are the world's 497th most traded product.

In 2018, the top exporters of Paper Labels were China ($844M), United States ($560M), Germany ($512M), Hong Kong ($357M), and Netherlands ($259M).

In 2018, the top importers of Paper Labels were United States ($413M), Germany ($338M), Hong Kong ($333M), France ($275M), and Mexico ($238M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $102M

Top Destination Growth (2017 - 2018): Canada, $153M

Between 2017 and 2018, the exports of Paper Labels grew the fastest in United States ($102M), Netherlands ($58.4M), Chinese Taipei ($28.5M), Italy ($22.2M), and United Arab Emirates ($22M).

Between 2017 and 2018, the fastest growing importers of Paper Labels were Canada ($153M), Germany ($41.6M), Vietnam ($32M), United States ($24.3M), and Cambodia ($19.9M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Paper Labels.

In 2018,  market concentration measured using Shannon Entropy, was 4.72. This means that most of the exports of Paper Labels are explained by 26 countries.

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TOP NET EXPORTER (2018): China, $713M

TOP NET IMPORTER (2018): Vietnam, $184M

This map shows which countries export or import more of Paper Labels. Each country is colored based on the difference in exports and imports of Paper Labels during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Paper Labels were China ($713M), Germany ($174M), United States ($147M), Italy ($127M), and Netherlands ($106M).

In 2018, the countries that had a largest trade value in imports than in exports of Paper Labels were Vietnam ($184M), Mexico ($139M), France ($111M), Bangladesh ($84.4M), and Indonesia ($84.4M).

Trade Forecasts

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This section shows forecasts for total trade for Paper Labels. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Paper Labels was 10.7%.  The countries with the highest tariffs for importing Paper Labels were Iran (50%), Bahamas (41.1%), Fiji (31.1%), Sri Lanka (30%), and Uzbekistan (28.7%).

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Product Complexity

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Diversification Frontier

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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.