HS Code:
The 'Less than 11.36 liters (3 gallons)' category typically includes products such as containers, bottles, or tanks with a capacity of less than 11.36 liters, often used for storing liquids like water, chemicals, or beverages. This category falls under various HS codes depending on the material and specific use (e.g., HS 3923 for plastic containers or HS 7310 for metal tanks). These products are widely traded globally due to their essential role in packaging, storage, and transportation across industries such as food and beverage, chemicals, and household goods.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12.5% (imposed by certain developing countries on plastic containers to protect local industries)
Lowest Rate
0% (under free trade agreements like USMCA or EU-Japan EPA)
Shift towards sustainable materials
Increased demand for biodegradable and recyclable containers due to global environmental concerns and regulations, reducing reliance on traditional plastics.
2021-2022
Growth in e-commerce packaging
Rising online retail has boosted demand for small-capacity containers for shipping liquids and personal care products.
2020-2022
Technological advancements in production
Automation and improved manufacturing techniques have reduced production costs, making containers more accessible in developing markets.
2019-2022
The European Union implemented stricter regulations on single-use plastic containers under 3 gallons, pushing for alternatives like biodegradable materials.
July 2021
Significant reduction in plastic container exports to the EU; increased market opportunities for sustainable packaging manufacturers.
Phase One trade agreement between the US and China included tariff reductions on certain container categories, facilitating smoother trade flows.
January 2020 (updated in 2022)
Boosted Chinese exports of small-capacity containers to the US, contributing to a 10% trade volume increase.
COVID-19-related disruptions and port congestions led to delays in container shipments, affecting availability in key markets.
2021-2022
Temporary price spikes and supply shortages, prompting countries to diversify sourcing strategies.