Overview: This page contains the latest trade data of Packing Bags. In 2019, Packing Bags were the world's 473rd most traded product, with a total trade of $5.33B. Between 2018 and 2019 the exports of Packing Bags decreased by -6.31%, from $5.69B to $5.33B. Trade in Packing Bags represent 0.029% of total world trade.
Exports: In 2019 the top exporters of Packing Bags were China ($1.53B), India ($1.02B), Vietnam ($461M), Turkey ($319M), and Thailand ($155M).
Imports: In 2019 the top importers of Packing Bags were United States ($736M), Japan ($478M), Germany ($303M), South Korea ($286M), and France ($255M).
Tariffs: In 2018 the average tariff for Packing Bags was 15.8%, making it the 176th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Packing Bags are Iran (65%), Syria (54.1%), Maldives (49.1%), and Brazil (33.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).
Ranking: Packing Bags ranks 914th in the Product Complexity Index (PCI).
Description: Sacks and bags are used to store a variety of different goods. They can be made from a variety of materials, including cotton, polyester, nylon, and polypropylene.