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2022
Exports $628MWorld Rnk 2 / 198
Flag Rnk 337 / 1217
2022
Destination $37.4M Mexico
2021 - 2022
FASTEST GROWING MARKET $37.4MCanada
2022
PRODUCT COMPLEXITY IN Paper Labels-0.031Rnk 557 / 1025
2022
Imports $510MWorld Rnk 1 / 224
Flag Rnk 535 / 1216
2022
Origin $17M Canada
2021 - 2022
FASTEST GROWING ORIGIN $17MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $628M in Paper Labels, making it the 2nd largest exporter of Paper Labels in the world. At the same year, Paper Labels was the 337th most exported product in United States. The main destination of Paper Labels exports from United States are: Mexico ($200M), Canada ($193M), China ($28.8M), India ($15M), and Dominican Republic ($14.2M).

The fastest growing export markets for Paper Labels of United States between 2021 and 2022 were Canada ($37.4M), China ($10.7M), and Mexico ($4.46M).

Imports In 2022, United States imported $510M in Paper Labels, becoming the 1st largest importer of Paper Labels in the world. At the same year, Paper Labels was the 535th most imported product in United States. United States imports Paper Labels primarily from: Canada ($161M), Mexico ($117M), China ($116M), Chinese Taipei ($10.7M), and Germany ($9.67M).

The fastest growing import markets in Paper Labels for United States between 2021 and 2022 were Mexico ($17M), China ($14M), and Canada ($13M).

COMPANIES In 2023, leading companies such as Brose Mechatronic Systems (63), Amazon (35), and CJ Foods (8) were at the forefront of shipping Paper Labels to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Paper Labels exports accounted up to $47.2M and imports accounted up to $47.8M, resulting in a negative trade balance of $616k. Between August 2023 and August 2024 the exports of United States'   Paper Labels have decreased by $-1.68M (-3.43%) from $48.9M to $47.2M, while imports increased by $8.7M (22.2%) from $39.1M to $47.8M.

Destinations In August 2024, Paper Labels were exported mostly to Mexico ($17M), Canada ($15.3M), China ($1.23M), Dominican Republic ($1.11M), and Costa Rica ($1.06M), and were imported mostly from Canada ($14.5M), China ($10.1M), Mexico ($10M), Chinese Taipei ($6.23M), and Vietnam ($1.37M).

Growth In August 2024, the decrease in Paper Labels's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-1.04M or -85.5%), Mexico ($-495k or -2.97%), and Germany ($-408k or -38.4%). In August 2024, the increase in Paper Labels's year-by-year imports was explained primarily by an increase in imports from Canada ($4.19M or 39.4%), Mexico ($1.37M or 17.2%), and Vietnam ($840k or 154%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-1.68M(-3.43%)
IMPORT GROWTH (August 2023 - August 2024)$8.7M(22.2%)
MAIN EXPORTER (August 2024)Texas$12.4M
MAIN DESTINATION (August 2024)Mexico$17M

This section shows Paper Labels's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Paper Labels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$628M
IMPORTS (2022)$510M
NET TRADE (2022)$118M

In 2022, United States exported $628M in Paper Labels. The main destinations of United States exports on Paper Labels were Mexico ($200M), Canada ($193M), China ($28.8M), India ($15M), and Dominican Republic ($14.2M).

In 2022, United States imported $510M in Paper Labels, mainly from Canada ($161M), Mexico ($117M), China ($116M), Chinese Taipei ($10.7M), and Germany ($9.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paper Labels EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$37.4M (24.1%)
China$10.7M (59.4%)
Mexico$4.46M (2.28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper Labels BY United States WERE (2021 - 2022):
India-$3.2M (-17.5%)
Vietnam-$2.88M (-30.3%)
Greece-$1.93M (-68.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Paper Labels were:
China $1.36B
Germany $583M
In 2022, United States's main importing competitors in Paper Labels were:
Germany $371M
France $299M

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Trade Value of Paper Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.39M
TOP IMPORT POTENTIALChina+ $19.1M

Paper Labels’s highest export potential is Germany. With an export gap of $6.39M.   Paper Labels’s highest import potential is China with an import gap of $19.1M.

See methodology.

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