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Sacks & bags, packing, polyethylene or polypropylene

630531 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.32BRnk 721 / 4648
2022
Top Exporter | Top Importer $1.39B | $757MChina | United States
2022
Product Complexity -2.03Rnk 4529 / 4653
2021 - 2022
Export Growth (CAGR) -0.46%Rnk 3028 / 4648
2022
Share of World Trade 0.022%Rnk 721 / 4648

About

Overview This page contains the latest trade data of Sacks & bags of polyethylene or polypropylene. In 2022, Sacks & bags of polyethylene or polypropylene were the world's 721st most traded product, with a total trade of $5.32B. Between 2021 and 2022 the exports of Sacks & bags of polyethylene or polypropylene decreased by -0.46%, from $5.34B to $5.32B. Trade in Sacks & bags of polyethylene or polypropylene represent 0.022% of total world trade.

Sacks & bags of polyethylene or polypropylene are a part of Packing Bags.

Exports In 2022 the top exporters of Sacks & bags of polyethylene or polypropylene  were China ($1.39B), India ($1.14B), Vietnam ($609M), Turkey ($391M), and Thailand ($112M).

Imports In 2022 the top importers of Sacks & bags of polyethylene or polypropylene were United States ($757M), Japan ($443M), South Korea ($309M), Germany ($303M), and France ($240M).

Ranking Sacks & bags of polyethylene or polypropylene ranks 4529th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sacks & bags of polyethylene or polypropylene. 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$1.39B
Top Destination (2022)United States$757M

In 2022 Sacks & bags of polyethylene or polypropylene were the world's 721st most traded product (out of 4,648).

In 2022, the top exporters of Sacks & bags of polyethylene or polypropylene were China ($1.39B), India ($1.14B), Vietnam ($609M), Turkey ($391M), and Thailand ($112M).

In 2022, the top importers of Sacks & bags of polyethylene or polypropylene were United States ($757M), Japan ($443M), South Korea ($309M), Germany ($303M), and France ($240M).

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Exporters of Sacks & bags of polyethylene or polypropylene (2022)
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Importers of Sacks & bags of polyethylene or polypropylene (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$37.4M
Top Destination Growth (2021 -  2022)Chile$21.2M

Between 2021 and 2022, the exports of Sacks & bags of polyethylene or polypropylene grew the fastest in Vietnam ($37.4M), China ($30.4M), Austria ($24.8M), Honduras ($12.6M), and Egypt ($10.2M).

Between 2021 and 2022, the fastest growing importers of Sacks & bags of polyethylene or polypropylene were Chile ($21.2M), Japan ($20.7M), Burma ($17.4M), United States ($16.9M), and Estonia ($16.9M).

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Exporters of Sacks & bags of polyethylene or polypropylene (2021 - 2022)

Importers of Sacks & bags of polyethylene or polypropylene (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sacks & bags of polyethylene or polypropylene.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Sacks & bags of polyethylene or polypropylene are explained by 16 countries.

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Value of Exports in Sacks & bags of polyethylene or polypropylene

Net Trade

TOP NET EXPORTER (2022)China$1.38B
TOP NET IMPORTER (2022)United States$694M

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

In 2022, the countries that had a largest trade value in exports than in imports of Sacks & bags of polyethylene or polypropylene were China ($1.38B), India ($1.14B), Vietnam ($587M), Turkey ($387M), and Bangladesh ($76.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Sacks & bags of polyethylene or polypropylene were United States ($694M), Japan ($440M), South Korea ($294M), France ($221M), and Germany ($197M).

Net Trade (2022)

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

Top 10 Exporters Countries of Sacks & bags of polyethylene or polypropylene 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 (2022)

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