HS Code:
The 'Other containers (with or without their closures)' category, classified under HS Code 3923.90, includes a variety of plastic containers and packaging materials not specified elsewhere in the Harmonized System. This category encompasses items such as plastic boxes, cases, crates, and similar articles used for the conveyance or packing of goods. These products are widely utilized across industries including food and beverage, pharmaceuticals, cosmetics, and consumer goods for storage, transportation, and retail purposes. The category reflects a critical segment of the global packaging industry, driven by the demand for lightweight, durable, and cost-effective solutions.
Total Trade Volume
USD 15.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12.0% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as USMCA and EU-Japan EPA)
Shift towards sustainable materials
Increased demand for biodegradable and recyclable containers as governments and consumers push for eco-friendly packaging solutions.
2021-2023
Growth in e-commerce
Rising need for protective and lightweight packaging solutions due to the boom in online shopping and home delivery services.
2020-2022
Technological advancements in packaging
Adoption of smart packaging with features like tamper-evidence and temperature control, enhancing product safety and traceability.
2022-2023
The European Union expanded its directive on single-use plastics, imposing stricter regulations on certain plastic containers and mandating higher recycling targets.
July 2023
Increased production costs for manufacturers exporting to the EU, alongside a push for innovation in sustainable alternatives.
A new phase of the US-China trade agreement reduced tariffs on specific plastic container categories, facilitating smoother trade flows.
March 2023
Boosted exports from China to the US, potentially increasing market competition in North America.
Ongoing disruptions due to geopolitical tensions and port congestions have led to delays in the supply of raw materials for plastic container manufacturing.
Mid-2022 to 2023
Higher prices and longer lead times for end-users, prompting diversification of supply chains.