# HS 340540 (Whether Or Not In The Form Of Paper global trade...

Reported global trade in (whether or not in the form of paper, wadding, felt, nonwovens, cellular plastics, cellular rubber, impregnated, coated or covered) reached $652.5M in 2024, with five-year annual growth of +3.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $558.7M | -5.1% | +2% |
| 2014 | $515.2M | -7.8% | -4.3% |
| 2015 | $454.0M | -11.9% | -8.3% |
| 2016 | $468.5M | +3.2% | -5.7% |
| 2017 | $524.0M | +11.9% | +0.6% |
| 2018 | $579.6M | +10.6% | +8.5% |
| 2019 | $550.1M | -5.1% | +5.5% |
| 2020 | $614.0M | +11.6% | +5.4% |
| 2021 | $683.6M | +11.3% | +5.7% |
| 2022 | $693.8M | +1.5% | +8% |
| 2023 | $588.9M | -15.1% | -1.4% |
| 2024 | $652.5M | +10.8% | -1.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $153.9M | +13.4% | 36 |
| Republic of Korea | $106.6M | -2.1% | 23 |
| Taiwan | $76.1M | +2.4% | 18 |
| Singapore | $27.8M | +11% | 28 |
| USA | $26.2M | -6% | 40 |
| Netherlands | $18.9M | +23.1% | 46 |
| Germany | $18.6M | +4.6% | 47 |
| France | $13.2M | +6.1% | 35 |
| Japan | $13.0M | +0.3% | 22 |
| Italy | $12.0M | +25.4% | 33 |
| United Kingdom | $10.8M | +6.7% | 33 |
| Poland | $9.9M | +3% | 39 |

_Source: reported merchandise trade data. Updated 2026-08-14._