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Pricing

Sewing thread of man-made filaments, whether or not put up for retail sale

5401 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.12BRnk 908 / 1217
2023
Top Exporter | Top Importer $402M | $71.7MChina | Germany
2023
Product Complexity -0.16Rnk 626 / 1044
2022 - 2023
Export Growth (CAGR) -10.3%Rnk 755 / 1217
2023
Share of World Trade 0.005%Rnk 908 / 1217

About

Overview This page contains the latest trade data of Artificial Filament Sewing Thread. In 2023, Artificial Filament Sewing Thread were the world's 908th most traded product, with a total trade of $1.12B. Between 2022 and 2023 the exports of Artificial Filament Sewing Thread decreased by -10.3%, from $1.25B to $1.12B. Trade in Artificial Filament Sewing Thread represent 0.005% of total world trade.

Artificial Filament Sewing Thread are a part of Man-made filaments. They include Sewing thread of synthetic filaments and Sewing thread of artificial filaments.

Exports In 2023 the top exporters of Artificial Filament Sewing Thread  were China ($402M), Germany ($158M), United States ($51.3M), Turkey ($43.6M), and Italy ($41M).

Imports In 2023 the top importers of Artificial Filament Sewing Thread were Germany ($71.7M), Vietnam ($61.7M), Mexico ($49M), Italy ($47.9M), and United States ($44.3M).

Ranking Artificial Filament Sewing Thread ranks 626th in the Product Complexity Index (PCI).

Description The most common use of sewing thread of man-made filaments is for sewing garments. The thread is lightweight and strong, making it perfect for this purpose.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Artificial Filament Sewing Thread. 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 (2023)China$402M
Top Destination (2023)Germany$71.7M

In 2023 Artificial Filament Sewing Thread were the world's 908th most traded product (out of 1,217).

In 2023, the top exporters of Artificial Filament Sewing Thread were China ($402M), Germany ($158M), United States ($51.3M), Turkey ($43.6M), and Italy ($41M).

In 2023, the top importers of Artificial Filament Sewing Thread were Germany ($71.7M), Vietnam ($61.7M), Mexico ($49M), Italy ($47.9M), and United States ($44.3M).

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Exporters of Artificial Filament Sewing Thread (2023)
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Importers of Artificial Filament Sewing Thread (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$14.8M
Top Destination Growth (2022 -  2023)Albania$9.38M

Between 2022 and 2023, the exports of Artificial Filament Sewing Thread grew the fastest in Germany ($14.8M), Spain ($6.88M), Turkey ($6.06M), Hong Kong ($5.54M), and United Kingdom ($4.7M).

Between 2022 and 2023, the fastest growing importers of Artificial Filament Sewing Thread were Albania ($9.38M), Italy ($7.77M), United States ($4.13M), Spain ($3.78M), and Kazakhstan ($3.75M).

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Exporters of Artificial Filament Sewing Thread (2022 - 2023)

Importers of Artificial Filament Sewing Thread (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Artificial Filament Sewing Thread.

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Artificial Filament Sewing Thread are explained by 15 countries.

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Value of Exports in Artificial Filament Sewing Thread

Net Trade

TOP NET EXPORTER (2023)China$372M
TOP NET IMPORTER (2023)Vietnam$33.5M

This map shows which countries export or import more of Artificial Filament Sewing Thread. Each country is colored based on the difference in exports and imports of Artificial Filament Sewing Thread during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Artificial Filament Sewing Thread were China ($372M), Germany ($86.2M), Turkey ($25.7M), United Kingdom ($24.7M), and Japan ($11.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Artificial Filament Sewing Thread were Vietnam ($33.5M), Mexico ($33.2M), Cambodia ($31.5M), Pakistan ($23.4M), and Nicaragua ($23.3M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Artificial Filament Sewing Thread, disaggragated by their HS6 level were Sewing thread of synthetic filaments ($1.01B) and Sewing thread of artificial filaments ($114M)

HS6 Disaggregation for Artificial Filament Sewing Thread (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Artificial Filament Sewing Thread.
It is possible to select the main countries that export or import Artificial Filament Sewing Thread in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Artificial Filament Sewing Thread by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $5.95M
TOP IMPORT POTENTIALGermany+ $1.43M

Artificial Filament Sewing Thread’s highest export potential is India. With an export gap of $5.95M.  Artificial Filament Sewing Thread’s highest import potential is Germany with an import gap of $1.43M.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Artificial Filament Sewing Thread.

Country by Relatedness

The following visualization shows the relatedness of Artificial Filament Sewing Thread to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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