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Sacks & bags, packing, of jute or other bast fibres

630510 (Harmonized System 1992 for 6-digit)

2023
World Trade $262MRnk 3450 / 4644
2023
Top Exporter | Top Importer $92.8M | $36.9MIndia | India
2023
Product Complexity -2.83Rnk 4643 / 4656
2022 - 2023
Export Growth (CAGR) -28.2%Rnk 4160 / 4644
2023
Share of World Trade 0.0012%Rnk 3450 / 4644

About

Overview This page contains the latest trade data of Sacks & bags of jute or other bast fibres. In 2023, Sacks & bags of jute or other bast fibres were the world's 3450th most traded product, with a total trade of $262M. Between 2022 and 2023 the exports of Sacks & bags of jute or other bast fibres decreased by -28.2%, from $365M to $262M. Trade in Sacks & bags of jute or other bast fibres represent 0.0012% of total world trade.

Sacks & bags of jute or other bast fibres are a part of Packing Bags.

Exports In 2023 the top exporters of Sacks & bags of jute or other bast fibres  were India ($92.8M), Bangladesh ($58M), China ($27.3M), Nepal ($17.2M), and Cote d'Ivoire ($9.83M).

Imports In 2023 the top importers of Sacks & bags of jute or other bast fibres were India ($36.9M), Cote d'Ivoire ($24.3M), Mozambique ($16.6M), Netherlands ($15.6M), and United States ($12.2M).

Ranking Sacks & bags of jute or other bast fibres ranks 4643rd in the Product Complexity Index (PCI).

Description Bags are a type of container, often used to store or transport goods. Packing is the act of putting goods into bags.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sacks & bags of jute or other bast fibres. 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$92.8M
Top Destination (2023)India$36.9M

In 2023 Sacks & bags of jute or other bast fibres were the world's 3450th most traded product (out of 4,644).

In 2023, the top exporters of Sacks & bags of jute or other bast fibres were India ($92.8M), Bangladesh ($58M), China ($27.3M), Nepal ($17.2M), and Cote d'Ivoire ($9.83M).

In 2023, the top importers of Sacks & bags of jute or other bast fibres were India ($36.9M), Cote d'Ivoire ($24.3M), Mozambique ($16.6M), Netherlands ($15.6M), and United States ($12.2M).

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Exporters of Sacks & bags of jute or other bast fibres (2023)
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Importers of Sacks & bags of jute or other bast fibres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$3.33M
Top Destination Growth (2022 -  2023)Mozambique$7.93M

Between 2022 and 2023, the exports of Sacks & bags of jute or other bast fibres grew the fastest in United Kingdom ($3.33M), Ethiopia ($1.96M), China ($1.89M), Nepal ($1.61M), and Portugal ($1.27M).

Between 2022 and 2023, the fastest growing importers of Sacks & bags of jute or other bast fibres were Mozambique ($7.93M), Hong Kong ($1.97M), Vietnam ($1.97M), Brazil ($1.95M), and Oman ($1.75M).

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Exporters of Sacks & bags of jute or other bast fibres (2022 - 2023)

Importers of Sacks & bags of jute or other bast fibres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sacks & bags of jute or other bast fibres.

In 2023, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Sacks & bags of jute or other bast fibres are explained by 10 countries.

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Value of Exports in Sacks & bags of jute or other bast fibres

Net Trade

TOP NET EXPORTER (2023)India$55.9M
TOP NET IMPORTER (2023)Mozambique$16.6M

This map shows which countries export or import more of Sacks & bags of jute or other bast fibres. Each country is colored based on the difference in exports and imports of Sacks & bags of jute or other bast fibres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sacks & bags of jute or other bast fibres were India ($55.9M), Bangladesh ($55.8M), China ($25.9M), Nepal ($17.2M), and Pakistan ($2.82M).

In 2023, the countries that had a largest trade value in imports than in exports of Sacks & bags of jute or other bast fibres were Mozambique ($16.6M), Cote d'Ivoire ($14.4M), Netherlands ($12.9M), United States ($10.2M), and Ghana ($9.69M).

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 & bags of jute or other bast fibres.
It is possible to select the main countries that export or import Sacks & bags of jute or other bast fibres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sacks & bags of jute or other bast fibres 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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