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Sacks & bags, packing, of cotton

630520 (Harmonized System 1992 for 6-digit)

2022
World Trade $238MRnk 3594 / 4648
2022
Top Exporter | Top Importer $67.4M | $42.6MIndia | France
2022
Product Complexity -1.42Rnk 4193 / 4653
2021 - 2022
Export Growth (CAGR) 7.7%Rnk 1875 / 4648
2022
Share of World Trade 0.001%Rnk 3594 / 4648

About

Overview This page contains the latest trade data of Sacks & bags of cotton. In 2022, Sacks & bags of cotton were the world's 3594th most traded product, with a total trade of $238M. Between 2021 and 2022 the exports of Sacks & bags of cotton grew by 7.7%, from $221M to $238M. Trade in Sacks & bags of cotton represent 0.001% of total world trade.

Sacks & bags of cotton are a part of Packing Bags.

Exports In 2022 the top exporters of Sacks & bags of cotton  were India ($67.4M), China ($50.2M), Albania ($21.5M), Italy ($12.5M), and France ($9.83M).

Imports In 2022 the top importers of Sacks & bags of cotton were France ($42.6M), Italy ($30.6M), United States ($25.3M), Australia ($20M), and Spain ($12.7M).

Ranking Sacks & bags of cotton ranks 4193rd in the Product Complexity Index (PCI).

Description Sacks and bags are often used for packing, usually for things that need to be handled with care. They can also be used for storing things, like flour, sugar, rice, and other food items.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Sacks & bags of cotton. 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)India$67.4M
Top Destination (2022)France$42.6M

In 2022 Sacks & bags of cotton were the world's 3594th most traded product (out of 4,648).

In 2022, the top exporters of Sacks & bags of cotton were India ($67.4M), China ($50.2M), Albania ($21.5M), Italy ($12.5M), and France ($9.83M).

In 2022, the top importers of Sacks & bags of cotton were France ($42.6M), Italy ($30.6M), United States ($25.3M), Australia ($20M), and Spain ($12.7M).

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Exporters of Sacks & bags of cotton (2022)
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Importers of Sacks & bags of cotton (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$6.19M
Top Destination Growth (2021 -  2022)France$6.58M

Between 2021 and 2022, the exports of Sacks & bags of cotton grew the fastest in India ($6.19M), Albania ($5.28M), United Arab Emirates ($3.2M), Vietnam ($2.03M), and Italy ($1.99M).

Between 2021 and 2022, the fastest growing importers of Sacks & bags of cotton were France ($6.58M), Australia ($5.37M), Italy ($4.37M), United Arab Emirates ($2.26M), and Denmark ($1.82M).

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Exporters of Sacks & bags of cotton (2021 - 2022)

Importers of Sacks & bags of cotton (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sacks & bags of cotton.

In 2022, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Sacks & bags of cotton are explained by 14 countries.

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Value of Exports in Sacks & bags of cotton

Net Trade

TOP NET EXPORTER (2022)India$67M
TOP NET IMPORTER (2022)France$32.8M

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

In 2022, the countries that had a largest trade value in exports than in imports of Sacks & bags of cotton were India ($67M), China ($46.9M), Albania ($21.1M), Pakistan ($7.25M), and Tunisia ($4.44M).

In 2022, the countries that had a largest trade value in imports than in exports of Sacks & bags of cotton were France ($32.8M), United States ($23M), Australia ($19.3M), Italy ($18M), and Spain ($11.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Sacks & bags of cotton 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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