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630532 (Harmonized System 1996 for 6-digit)

2023
World Trade $2.27BRnk 1341 / 4766
2023
Top Exporter | Top Importer $763M | $375MIndia | United States
2023
Product Complexity -1.27Rnk 4178 / 4780
2022 - 2023
Export Growth (CAGR) -29.2%Rnk 4325 / 4766
2023
Share of World Trade 0.01%Rnk 1341 / 4766

About

Overview This page contains the latest trade data of Sacks and bags flexible intermediate bulk containers. In 2023, Sacks and bags flexible intermediate bulk containers were the world's 1341st most traded product, with a total trade of $2.27B. Between 2022 and 2023 the exports of Sacks and bags flexible intermediate bulk containers decreased by -29.2%, from $3.21B to $2.27B. Trade in Sacks and bags flexible intermediate bulk containers represent 0.01% of total world trade.

Sacks and bags flexible intermediate bulk containers are a part of Sacks and bags, of a kind used for the packing of goods.

Exports In 2023 the top exporters of Sacks and bags flexible intermediate bulk containers  were India ($763M), China ($431M), Turkey ($203M), Vietnam ($172M), and Mexico ($67M).

Imports In 2023 the top importers of Sacks and bags flexible intermediate bulk containers were United States ($375M), Japan ($323M), Germany ($196M), France ($145M), and Netherlands ($94.9M).

Ranking Sacks and bags flexible intermediate bulk containers ranks 4178th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sacks and bags flexible intermediate bulk containers. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)India$763M
Top Destination (2023)United States$375M

In 2023 Sacks and bags flexible intermediate bulk containers were the world's 1341st most traded product (out of 4,766).

In 2023, the top exporters of Sacks and bags flexible intermediate bulk containers were India ($763M), China ($431M), Turkey ($203M), Vietnam ($172M), and Mexico ($67M).

In 2023, the top importers of Sacks and bags flexible intermediate bulk containers were United States ($375M), Japan ($323M), Germany ($196M), France ($145M), and Netherlands ($94.9M).

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Exporters of Sacks and bags flexible intermediate bulk containers (2023)
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Importers of Sacks and bags flexible intermediate bulk containers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$3.79M
Top Destination Growth (2022 -  2023)Chinese Taipei$9.69M

Between 2022 and 2023, the exports of Sacks and bags flexible intermediate bulk containers grew the fastest in Uzbekistan ($3.79M), Sweden ($2.81M), Slovakia ($2.7M), Greece ($2.48M), and Saudi Arabia ($1.13M).

Between 2022 and 2023, the fastest growing importers of Sacks and bags flexible intermediate bulk containers were Chinese Taipei ($9.69M), Philippines ($4.48M), Zimbabwe ($4.1M), United Arab Emirates ($2.42M), and Laos ($1.63M).

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Exporters of Sacks and bags flexible intermediate bulk containers (2022 - 2023)

Importers of Sacks and bags flexible intermediate bulk containers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sacks and bags flexible intermediate bulk containers.

In 2023, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Sacks and bags flexible intermediate bulk containers are explained by 12 countries.

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Value of Exports in Sacks and bags flexible intermediate bulk containers

Net Trade

TOP NET EXPORTER (2023)India$760M
TOP NET IMPORTER (2023)United States$359M

This map shows which countries export or import more of Sacks and bags flexible intermediate bulk containers. Each country is colored based on the difference in exports and imports of Sacks and bags flexible intermediate bulk containers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sacks and bags flexible intermediate bulk containers were India ($760M), China ($427M), Turkey ($201M), Vietnam ($168M), and Mexico ($55.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Sacks and bags flexible intermediate bulk containers were United States ($359M), Japan ($321M), Germany ($140M), France ($133M), and Spain ($80.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Sacks and bags flexible intermediate bulk containers.
It is possible to select the main countries that export or import Sacks and bags flexible intermediate bulk containers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sacks and bags flexible intermediate bulk containers by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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