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Pricing

560741 (Harmonized System 1992 for 6-digit)

2022
World Trade $386MRnk 3169 / 4648
2022
Top Exporter | Top Importer $136M | $72.9MPortugal | United States
2022
Product Complexity -0.92Rnk 3722 / 4653
2021 - 2022
Export Growth (CAGR) 0.026%Rnk 2947 / 4648
2022
Share of World Trade 0.0016%Rnk 3169 / 4648

About

Overview This page contains the latest trade data of Binder or baler twine, of polyethylene, polypropylene. In 2022, Binder or baler twine, of polyethylene, polypropylene were the world's 3169th most traded product, with a total trade of $386M. Between 2021 and 2022 the exports of Binder or baler twine, of polyethylene, polypropylene grew by 0.026%, from $386M to $386M. Trade in Binder or baler twine, of polyethylene, polypropylene represent 0.0016% of total world trade.

Binder or baler twine, of polyethylene, polypropylene are a part of Twine and Rope.

Exports In 2022 the top exporters of Binder or baler twine, of polyethylene, polypropylene  were Portugal ($136M), Hungary ($53.7M), China ($29.9M), Vietnam ($26.5M), and Turkey ($17.3M).

Imports In 2022 the top importers of Binder or baler twine, of polyethylene, polypropylene were United States ($72.9M), France ($40.2M), Germany ($30.5M), Canada ($21M), and Spain ($19M).

Ranking Binder or baler twine, of polyethylene, polypropylene ranks 3722nd in the Product Complexity Index (PCI).

Description Binder or baler twine is a basic and common material for tying hay bales together. It is made from natural fibers like cotton, hemp, or jute. Polyethylene is used in the production of plastic bags and wraps. Polypropylene is used in the production of clothing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Binder or baler twine, of polyethylene, polypropylene. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Portugal$136M
Top Destination (2022)United States$72.9M

In 2022 Binder or baler twine, of polyethylene, polypropylene were the world's 3169th most traded product (out of 4,648).

In 2022, the top exporters of Binder or baler twine, of polyethylene, polypropylene were Portugal ($136M), Hungary ($53.7M), China ($29.9M), Vietnam ($26.5M), and Turkey ($17.3M).

In 2022, the top importers of Binder or baler twine, of polyethylene, polypropylene were United States ($72.9M), France ($40.2M), Germany ($30.5M), Canada ($21M), and Spain ($19M).

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Exporters of Binder or baler twine, of polyethylene, polypropylene (2022)
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Importers of Binder or baler twine, of polyethylene, polypropylene (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Hungary$10.5M
Top Destination Growth (2021 -  2022)United States$7.57M

Between 2021 and 2022, the exports of Binder or baler twine, of polyethylene, polypropylene grew the fastest in Hungary ($10.5M), Portugal ($4.74M), Vietnam ($3.43M), Israel ($2.92M), and Serbia ($1.36M).

Between 2021 and 2022, the fastest growing importers of Binder or baler twine, of polyethylene, polypropylene were United States ($7.57M), France ($5.73M), United Kingdom ($4.05M), Romania ($3.28M), and Canada ($2M).

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Exporters of Binder or baler twine, of polyethylene, polypropylene (2021 - 2022)

Importers of Binder or baler twine, of polyethylene, polypropylene (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Binder or baler twine, of polyethylene, polypropylene.

In 2022, market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Binder or baler twine, of polyethylene, polypropylene are explained by 13 countries.

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Value of Exports in Binder or baler twine, of polyethylene, polypropylene

Net Trade

TOP NET EXPORTER (2022)Portugal$133M
TOP NET IMPORTER (2022)United States$67.8M

This map shows which countries export or import more of Binder or baler twine, of polyethylene, polypropylene. Each country is colored based on the difference in exports and imports of Binder or baler twine, of polyethylene, polypropylene during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Binder or baler twine, of polyethylene, polypropylene were Portugal ($133M), Hungary ($50.5M), China ($29.4M), Vietnam ($24.9M), and Czechia ($11.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Binder or baler twine, of polyethylene, polypropylene were United States ($67.8M), France ($39.3M), Germany ($20.9M), Canada ($19.8M), and United Kingdom ($17M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Binder or baler twine, of polyethylene, polypropylene.
It is possible to select the main countries that export or import Binder or baler twine, of polyethylene, polypropylene in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Binder or baler twine, of polyethylene, polypropylene by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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