2022
Exports
$1.39BWorld Rnk 2 / 192
Flag Rnk 51 / 1212
2022
PRODUCT COMPLEXITY IN Packing Bags
-1.76Rnk 978 / 1025
2022
Imports
$50.1MWorld Rnk 26 / 223
Flag Rnk 601 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.39B in Packing Bags, making it the 2nd largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 51st most exported product in India. The main destination of Packing Bags exports from India are: United States ($357M), Spain ($93.6M), Germany ($88.3M), United Kingdom ($79.5M), and France ($74.6M).

The fastest growing export markets for Packing Bags of India between 2021 and 2022 were United States ($26.2M), Chile ($13.4M), and Ghana ($12.7M).

Imports In 2022, India imported $50.1M in Packing Bags, becoming the 26th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 601st most imported product in India. India imports Packing Bags primarily from: Bangladesh ($15.6M), Nepal ($15.5M), Cote d'Ivoire ($4.81M), China ($4.23M), and United States ($2.49M).

The fastest growing import markets in Packing Bags for India between 2021 and 2022 were China ($696k), Turkey ($480k), and Belgium ($430k).

COMPANIES In 2023, leading companies such as SIGMA Corp (19), IKEA Group (13), and Transaxle Manufacturing (4) were at the forefront of shipping Packing Bags from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Packing Bags. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.39B
IMPORTS (2022)$50.1M
NET TRADE (2022)$1.34B

In 2022, India exported $1.39B in Packing Bags. The main destinations of India exports on Packing Bags were United States ($357M), Spain ($93.6M), Germany ($88.3M), United Kingdom ($79.5M), and France ($74.6M).

In 2022, India imported $50.1M in Packing Bags, mainly from Bangladesh ($15.6M), Nepal ($15.5M), Cote d'Ivoire ($4.81M), China ($4.23M), and United States ($2.49M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$26.2M (7.91%)
Chile$13.4M (58.6%)
Ghana$12.7M (37.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY India WERE (2021 - 2022):
United Kingdom-$22.8M (-22.3%)
Netherlands-$17.6M (-20%)
Germany-$7.54M (-7.86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, India's main exporting competitors in Packing Bags were:
China $1.74B
In 2022, India's main importing competitors in Packing Bags were:

Explore Visualizations

Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.2M
TOP IMPORT POTENTIALChina+ $7.77M

Packing Bags’s highest export potential is Germany. With an export gap of $14.2M.   Packing Bags’s highest import potential is China with an import gap of $7.77M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with