HS Code:
The category 'In packings of a net weight content not exceeding 300 g' typically includes various food and non-food products packaged in small quantities, such as spices, condiments, snacks, and other consumer goods. This HS code category (specific code not provided in the query) is often used for retail-ready products aimed at individual consumers. These products are traded globally due to their convenience and suitability for direct consumption or use. Trade in this category is influenced by consumer preferences, packaging regulations, and international food safety standards.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
UN Comtrade Database
USD 2.8 billion
22.4% of total trade of total trade
Increasing
USD 1.9 billion
15.2% of total trade of total trade
Stable
USD 1.5 billion
12.0% of total trade of total trade
Increasing
USD 1.2 billion
9.6% of total trade of total trade
Stable
USD 0.9 billion
7.2% of total trade of total trade
Increasing
Average Rate
6.5%
Highest Rate
25% (applied by certain developing countries for protective measures)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for organic and sustainably packaged products
Increased trade in eco-friendly and biodegradable packaging solutions, driving up costs but also market share for compliant exporters
2021-2022
Growth in e-commerce and direct-to-consumer sales
Boosted demand for small pack sizes suitable for online shipping, benefiting exporters with efficient logistics
2020-2022
Shift towards health-conscious products
Higher trade volumes for low-calorie, gluten-free, and vegan products in small packs, particularly in developed markets
2019-2022
The European Union introduced stricter regulations on single-use plastics, mandating recyclable or compostable packaging for products under 300 g by 2025.
March 2023
Exporters to the EU market must adapt to new packaging standards, potentially increasing production costs but opening opportunities for sustainable packaging innovators.
A new bilateral agreement reduced tariffs on certain packaged food items under 300 g, facilitating smoother trade between the two largest economies.
January 2023
Increased export opportunities for Chinese small-pack food products to the US, potentially shifting market shares in North America.
The Indian government launched a subsidy program to encourage the export of spices and condiments in packings under 300 g to boost rural economies.
July 2022
Strengthened Indiaโs position in the global market for small-packaged spices, with a projected 10% growth in export volume for 2023.