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Labels, badges and similar articles; of textile materials, in the piece, in strips or cut to shape or size, not embroidered

5807 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.24BRnk 897 / 1218
2022
Top Exporter | Top Importer $479M | $140MChina | Vietnam
2022
Product Complexity -0.45Rnk 698 / 1033
2021 - 2022
Export Growth (CAGR) -5.45%Rnk 1026 / 1218
2022
Share of World Trade 0.0052%Rnk 897 / 1218

About

Overview This page contains the latest trade data of Labels. In 2022, Labels were the world's 897th most traded product, with a total trade of $1.24B. Between 2021 and 2022 the exports of Labels decreased by -5.45%, from $1.31B to $1.24B. Trade in Labels represent 0.0052% of total world trade.

Labels are a part of Special woven fabrics and tapestries. They include Label, badge, etc, of woven textile not embroidered and Label, badge, etc, non-embroidered textile, not woven.

Exports In 2022 the top exporters of Labels  were China ($479M), Hong Kong ($171M), Italy ($78M), South Korea ($62.2M), and Chinese Taipei ($49.2M).

Imports In 2022 the top importers of Labels were Vietnam ($140M), Hong Kong ($121M), Indonesia ($82.5M), Bangladesh ($78.4M), and Cambodia ($76.3M).

Ranking Labels ranks 698th in the Product Complexity Index (PCI).

Description Labels are used to identify products, and can be made from a variety of materials. They can be made from paper, plastic, or other materials. Labels can also be made in the shape of letters, numbers, symbols, and other shapes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Labels. 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 (2022)China$479M
Top Destination (2022)Vietnam$140M

In 2022 Labels were the world's 897th most traded product (out of 1,218).

In 2022, the top exporters of Labels were China ($479M), Hong Kong ($171M), Italy ($78M), South Korea ($62.2M), and Chinese Taipei ($49.2M).

In 2022, the top importers of Labels were Vietnam ($140M), Hong Kong ($121M), Indonesia ($82.5M), Bangladesh ($78.4M), and Cambodia ($76.3M).

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Exporters of Labels (2022)
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Importers of Labels (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$4.27M
Top Destination Growth (2021 -  2022)Burma$14.1M

Between 2021 and 2022, the exports of Labels grew the fastest in Vietnam ($4.27M), Mexico ($3.8M), Portugal ($3.74M), Bangladesh ($2.92M), and Italy ($1.76M).

Between 2021 and 2022, the fastest growing importers of Labels were Burma ($14.1M), Netherlands ($3.48M), Turkey ($2.79M), India ($2.53M), and Nigeria ($2.33M).

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Exporters of Labels (2021 - 2022)

Importers of Labels (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Labels.

In 2022, market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Labels are explained by 13 countries.

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Value of Exports in Labels

Net Trade

TOP NET EXPORTER (2022)China$440M
TOP NET IMPORTER (2022)Vietnam$103M

This map shows which countries export or import more of Labels. Each country is colored based on the difference in exports and imports of Labels during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Labels were China ($440M), Italy ($59.1M), South Korea ($54.1M), Hong Kong ($49.8M), and Chinese Taipei ($47M).

In 2022, the countries that had a largest trade value in imports than in exports of Labels were Vietnam ($103M), Indonesia ($81M), Cambodia ($75.4M), Bangladesh ($73.2M), and Burma ($44.7M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Labels, disaggragated by their HS6 level were Label, badge, etc, of woven textile... ($1.01B) and Label, badge, etc, non-embroidered textile, not... ($231M)

HS6 Disaggregation for Labels (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Labels by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $8.81M
TOP IMPORT POTENTIALHong Kong+ $2.56M

Labels’s highest export potential is India. With an export gap of $8.81M.  Labels’s highest import potential is Hong Kong with an import gap of $2.56M.

See methodology.

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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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Labels.

Country by Relatedness

The following visualization shows the relatedness of Labels to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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