HS Icon Paper Labels

4821 (Harmonized System 1992 for 4-digit)

World Trade (2019): $4.9B, Rnk 500 / 1217

Top Exporter (2019): $841M, China

Top Importer (2019): $394M, United States

Product Complexity (2019): -0.15, Rnk 568 / 961

Export Growth (CAGR)(2018 - 2019): -3.52%, Rnk 664 / 1217

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

Share of World Trade (2019): 0.027%, Rnk 500 / 1217

Overview:  This page contains the latest trade data of Paper Labels. In 2019, Paper Labels were the world's 500th most traded product, with a total trade of $4.9B. Between 2018 and 2019 the exports of Paper Labels decreased by -3.52%, from  $5.08B to $4.9B. Trade in Paper Labels represent 0.027% of total world trade.

Exports: In 2019 the top exporters of Paper Labels  were China ($841M), United States ($520M), Germany ($495M), Hong Kong ($264M), and Netherlands ($263M).

Imports: In 2019 the top importers of Paper Labels were United States ($394M), Germany ($358M), Hong Kong ($289M), France ($279M), and Mexico ($206M).

Tariffs: In 2018 the average tariff for Paper Labels was 10.7%, making it the 389th 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 568th in the Product Complexity Index (PCI).

Description: Paper labels are often used for food packaging, to identify the contents of a product. They are also often used on clothing, to help shoppers identify the size of the clothing item.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $841M

Top Destination (2019): United States, $394M

Paper Labels are the world's 500th most traded product.

In 2019, the top exporters of Paper Labels were China ($841M), United States ($520M), Germany ($495M), Hong Kong ($264M), and Netherlands ($263M).

In 2019, the top importers of Paper Labels were United States ($394M), Germany ($358M), Hong Kong ($289M), France ($279M), and Mexico ($206M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Malta, $9.2M

Top Destination Growth (2018 - 2019): Germany, $20M

Between 2018 and 2019, the exports of Paper Labels grew the fastest in Malta ($9.2M), Vietnam ($6.88M), Ireland ($6.59M), Netherlands ($3.9M), and South Africa ($3.25M).

Between 2018 and 2019, the fastest growing importers of Paper Labels were Germany ($20M), Poland ($11.4M), Myanmar ($8.89M), India ($8.21M), and Philippines ($4.67M).

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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 2019,  market concentration measured using Shannon Entropy, was 4.75. This means that most of the exports of Paper Labels are explained by 26 countries.

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TOP NET EXPORTER (2019): China, $729M

TOP NET IMPORTER (2019): Vietnam, $125M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Paper Labels were China ($729M), Germany ($137M), United States ($126M), Italy ($125M), and Netherlands ($109M).

In 2019, the countries that had a largest trade value in imports than in exports of Paper Labels were Vietnam ($125M), France ($120M), Mexico ($105M), Indonesia ($87.9M), and Cambodia ($83.5M).

Disaggregation

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Value

In 2019, the world most traded Paper Labels, disaggragated by their HS6 level were Paper labels of all kinds, printed ($3.73B) and Paper labels of all kinds, not... ($1.17B)

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.