540500 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Artif monofilament >67dtex t<1mm, strip, straws t<5mm. In 2022, Artif monofilament >67dtex t<1mm, strip, straws t<5mm were the world's 4475th most traded product, with a total trade of $22.1M. Between 2021 and 2022 the exports of Artif monofilament >67dtex t<1mm, strip, straws t<5mm decreased by -1.91%, from $22.5M to $22.1M. Trade in Artif monofilament >67dtex t<1mm, strip, straws t<5mm represent 0.000093% of total world trade.

Artif monofilament >67dtex t<1mm, strip, straws t<5mm are a part of Artificial Monofilament.

Exports In 2022 the top exporters of Artif monofilament >67dtex t<1mm, strip, straws t<5mm  were China ($5.42M), Japan ($4.3M), India ($3.19M), Germany ($2.15M), and Italy ($1.98M).

Imports In 2022 the top importers of Artif monofilament >67dtex t<1mm, strip, straws t<5mm were United States ($7.21M), Italy ($1.98M), Ukraine ($1.89M), Spain ($1.28M), and Saudi Arabia ($935k).

Ranking Artif monofilament >67dtex t<1mm, strip, straws t<5mm ranks 2361st in the Product Complexity Index (PCI).

Description Artificial monofilament is most commonly used in the manufacture of fishing line, sewing thread, artificial sinew, and artificial hair. Artificial monofilament is also used in the manufacturing of beaded jewelry as well as for the production of balloons.

Latest Data

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The following visualization shows the latest trends on Artif monofilament >67dtex t<1mm, strip, straws t<5mm. 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)China$5.42M
Top Destination (2022)United States$7.21M

In 2022 Artif monofilament >67dtex t<1mm, strip, straws t<5mm were the world's 4475th most traded product (out of 4,648).

In 2022, the top exporters of Artif monofilament >67dtex t<1mm, strip, straws t<5mm were China ($5.42M), Japan ($4.3M), India ($3.19M), Germany ($2.15M), and Italy ($1.98M).

In 2022, the top importers of Artif monofilament >67dtex t<1mm, strip, straws t<5mm were United States ($7.21M), Italy ($1.98M), Ukraine ($1.89M), Spain ($1.28M), and Saudi Arabia ($935k).

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Exporters of Artif monofilament >67dtex t<1mm, strip, straws t<5mm (2022)
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Importers of Artif monofilament >67dtex t<1mm, strip, straws t<5mm (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.29M
Top Destination Growth (2021 -  2022)Italy$997k

Between 2021 and 2022, the exports of Artif monofilament >67dtex t<1mm, strip, straws t<5mm grew the fastest in China ($1.29M), Italy ($726k), Germany ($543k), India ($500k), and United States ($485k).

Between 2021 and 2022, the fastest growing importers of Artif monofilament >67dtex t<1mm, strip, straws t<5mm were Italy ($997k), United States ($923k), Indonesia ($564k), Ukraine ($511k), and Egypt ($424k).

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Exporters of Artif monofilament >67dtex t<1mm, strip, straws t<5mm (2021 - 2022)

Importers of Artif monofilament >67dtex t<1mm, strip, straws t<5mm (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Artif monofilament >67dtex t<1mm, strip, straws t<5mm.

In 2022, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Artif monofilament >67dtex t<1mm, strip, straws t<5mm are explained by 10 countries.

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Value of Exports in Artif monofilament >67dtex t<1mm, strip, straws t<5mm

Net Trade

TOP NET EXPORTER (2022)China$5.25M
TOP NET IMPORTER (2022)United States$6.19M

This map shows which countries export or import more of Artif monofilament >67dtex t<1mm, strip, straws t<5mm. Each country is colored based on the difference in exports and imports of Artif monofilament >67dtex t<1mm, strip, straws t<5mm during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Artif monofilament >67dtex t<1mm, strip, straws t<5mm were China ($5.25M), Japan ($4.11M), India ($2.39M), Germany ($1.72M), and Portugal ($715k).

In 2022, the countries that had a largest trade value in imports than in exports of Artif monofilament >67dtex t<1mm, strip, straws t<5mm were United States ($6.19M), Ukraine ($1.89M), Spain ($1.24M), Egypt ($789k), and Indonesia ($593k).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Artif monofilament >67dtex t<1mm, strip, straws t<5mm.
It is possible to select the main countries that export or import Artif monofilament >67dtex t<1mm, strip, straws t<5mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Artif monofilament >67dtex t<1mm, strip, straws t<5mm 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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