HS Icon Paper Goods

X (Harmonized System 1992 for Section)

World Trade (2018): $290B, Rnk 14 / 21

Top Exporter (2018): $30B, United States

Top Importer (2018): $28.7B, China

Product Complexity (2018): 0.51, Rnk 9 / 21

Export Growth (CAGR)(2017 - 2018): 14.9%, Rnk 8 / 21

Mean Tariff (2018): 6.36%, Rnk 18 / 21

Share of World Trade (2018): 1.58%, Rnk 14 / 21

Overview:  This page contains the latest trade data of Paper Goods. In 2018, Paper Goods were the world's 14th most traded product, with a total trade of $290B. Between 2017 and 2018 the exports of Paper Goods grew by 14.9%, from  $252B to $290B. Trade in Paper Goods represent 1.58% of total world trade.

Exports: In 2018 the top exporters of Paper Goods  were United States ($30B), Germany ($29.7B), China ($26.2B), Canada ($17.1B), and Sweden ($13B).

Imports: In 2018 the top importers of Paper Goods were China ($28.7B), United States ($26.2B), Germany ($22.5B), France ($13.5B), and United Kingdom ($12B).

Tariffs: In 2018 the average tariff for Paper Goods was 6.36%, been the 18 lowest tariff using the Section product classification.

The countries with the highest import tariffs for Paper Goods are Bahamas (31.7%), Bermuda (22.5%), Iran (16.6%), Algeria (16.6%), and Bangladesh (15.6%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), South Korea (0%), Singapore (0%), and Turkey (0%).

Ranking: Paper Goods ranks 9th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $30B

Top Destination (2018): China, $28.7B

Paper Goods are the world's 14th most traded product.

In 2018, the top exporters of Paper Goods were United States ($30B), Germany ($29.7B), China ($26.2B), Canada ($17.1B), and Sweden ($13B).

In 2018, the top importers of Paper Goods were China ($28.7B), United States ($26.2B), Germany ($22.5B), France ($13.5B), and United Kingdom ($12B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $3.75B

Top Destination Growth (2017 - 2018): Canada, $3.5B

Between 2017 and 2018, the exports of Paper Goods grew the fastest in United States ($3.75B), Germany ($3.34B), Canada ($2.43B), China ($1.85B), and Poland ($1.7B).

Between 2017 and 2018, the fastest growing importers of Paper Goods were Canada ($3.5B), China ($3.15B), Germany ($2.58B), United States ($2.52B), and Netherlands ($1.84B).

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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 Goods.

In 2018,  market concentration measured using Shannon Entropy, was 5.02. This means that most of the exports of Paper Goods are explained by 32 countries.

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TOP NET EXPORTER (2018): Finland, $11.3B

TOP NET IMPORTER (2018): Mexico, $5.23B

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

In 2018, the countries that had a largest trade value in exports than in imports of Paper Goods were Finland ($11.3B), Sweden ($10.3B), Brazil ($9.93B), Canada ($9.24B), and Germany ($7.2B).

In 2018, the countries that had a largest trade value in imports than in exports of Paper Goods were Mexico ($5.23B), United Kingdom ($4.11B), France ($4.03B), India ($3.63B), and China ($2.5B).

Trade Forecasts

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This section shows forecasts for total trade for Paper Goods. 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 Goods was 6.36%.  The countries with the highest tariffs for importing Paper Goods were Bahamas (31.7%), Bermuda (22.5%), Iran (16.6%), Algeria (16.6%), and Bangladesh (15.6%).

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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.