# HS 400121 Natural (Excluding Latex) global trade data...

Reported global trade in natural (excluding latex), in smoked sheets reached $1.4B in 2024, with five-year annual growth of +1.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $3.1B | -2.4% | +1% |
| 2014 | $2.1B | -30.4% | -24.8% |
| 2015 | $1.6B | -26.9% | -20.8% |
| 2016 | $1.4B | -11.4% | -23.3% |
| 2017 | $2.1B | +49.9% | -1% |
| 2018 | $1.5B | -26.7% | -0.8% |
| 2019 | $1.3B | -14.8% | -2.1% |
| 2020 | $1.2B | -11.1% | -17.8% |
| 2021 | $1.8B | +57.1% | +6% |
| 2022 | $1.6B | -10.3% | +7.8% |
| 2023 | $1.1B | -32.8% | -1.8% |
| 2024 | $1.4B | +28.3% | -8.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $271.0M | +0.5% | 15 |
| USA | $236.2M | +4.9% | 27 |
| Japan | $213.6M | +1.4% | 11 |
| Malaysia | $120.1M | +18.2% | 14 |
| India | $106.1M | -2.5% | 20 |
| Brazil | $55.3M | +3.4% | 4 |
| Spain | $44.7M | +1% | 11 |
| Turkey | $39.3M | +1.9% | 8 |
| Italy | $38.2M | -1% | 10 |
| France | $38.2M | -1.3% | 15 |
| Taiwan | $36.4M | -7% | 10 |
| Viet Nam | $27.0M | +4.8% | 11 |

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