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Stamps and banknotes: top exporters and importers (2024)

In 2024, world trade in stamps and banknotes totaled $2.8 billion (43 thousand tonnes). The top exporters were Malta (10%), Germany (9%) and the United Kingdom (9%); the top importers were China (18%), the United States (7%) and the Philippines (6%). Compared with 2019, the value fell 47%.

Summary

World trade
$2.8billion
Tonnes
43thousand tonnes
Price per tonne
$63,273
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Malta$276 million · 9.8%
  2. Germany$254 million · 9.1%
  3. United Kingdom$253 million · 9%
  4. United States$202 million · 7.2%
  5. France$157 million · 5.6%
  6. China$156 million · 5.6%
  7. Malaysia$140 million · 5%
  8. Singapore$129 million · 4.6%
    re-exports
  9. Australia$119 million · 4.2%
  10. Mexico$105 million · 3.7%
  11. Bahamas$95 million · 3.4%
  12. Ireland$95 million · 3.4%
  13. Switzerland$88 million · 3.1%
  14. Morocco$69 million · 2.4%
  15. Italy$68 million · 2.4%
  16. Canada$54 million · 1.9%
  17. Taiwan$42 million · 1.5%
  18. Netherlands$38 million · 1.4%
    re-exports
  19. Portugal$38 million · 1.4%
  20. Hong Kong$33 million · 1.2%
    re-exports

Top importers

  1. China$516 million · 18.4%
  2. United States$198 million · 7.1%
  3. Philippines$175 million · 6.2%
  4. Nigeria$175 million · 6.2%
  5. Angola$169 million · 6%
  6. Argentina$145 million · 5.2%
  7. Bermuda$103 million · 3.7%
  8. Malawi$95 million · 3.4%
  9. Morocco$79 million · 2.8%
  10. Tanzania$68 million · 2.4%
  11. Germany$52 million · 1.9%
  12. Ghana$47 million · 1.7%
  13. Uganda$45 million · 1.6%
  14. Malaysia$37 million · 1.3%
  15. India$31 million · 1.1%
  16. South Africa$29 million · 1%
  17. Guatemala$28 million · 1%
  18. Kenya$28 million · 1%
  19. South Korea$26 million · 0.93%

Trend

Who sells it

Malta has been the top exporter since 2024

Value in USD billions. The five largest exporters in 2024.

  • Malta 0.28
  • Germany 0.25
  • United Kingdom 0.25
  • United States 0.2
  • France 0.16

Source: CEPII BACI

Show the numbers
Country19952024
Malta0.040.28
Germany0.070.25
United Kingdom0.090.25
United States0.110.2
France0.030.16

Price

Implied price

The price per tonne rose 85% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $63,273

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$34,283
1996$36,625
1997$39,032
1998$39,962
1999$23,750
2000$59,943
2001$54,331
2002$61,504
2003$52,579
2004$59,466
2005$60,462
2006$67,042
2007$51,840
2008$51,516
2009$161,382
2010$18,838
2011$272,832
2012$91,204
2013$92,899
2014$93,535
2015$77,822
2016$56,346
2017$97,151
2018$132,780
2019$164,068
2020$124,008
2021$96,140
2022$90,873
2023$89,320
2024$63,273

What it includes

  • 4907 · Stamps and banknotes

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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