HS Icon Artificial Filament Tow

5502 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Artificial Filament Tow. In 2020, Artificial Filament Tow were the world's 744th most traded product, with a total trade of $1.76B. Between 2019 and 2020 the exports of Artificial Filament Tow decreased by -7.87%, from $1.91B to $1.76B. Trade in Artificial Filament Tow represent 0.011% of total world trade.

Artificial Filament Tow are a part of Man-made staple fibres. They include Artificial filament tow.

Exports In 2020 the top exporters of Artificial Filament Tow  were United States ($625M), Germany ($228M), Japan ($222M), Belgium ($217M), and China ($146M).

Imports In 2020 the top importers of Artificial Filament Tow were Nigeria ($188M), Netherlands ($147M), Indonesia ($132M), United Arab Emirates ($92.5M), and Turkey ($83.9M).

Tariffs In 2018 the average tariff for Artificial Filament Tow was 4.4%, making it the 941st lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Artificial Filament Tow are Bahamas (40.2%), Bangladesh (25%), Cayman Islands (22%), and Comoros (18.9%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking Artificial Filament Tow ranks 69th in the Product Complexity Index (PCI).

Description Artificial filament tow is a type of polyester that is used for making carpets, upholstery, and other textiles.

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The following visualization shows the latest trends on Artificial Filament Tow. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): United States, $625M

Top Destination (2020): Nigeria, $188M

Artificial Filament Tow are the world's 744th most traded product.

In 2020, the top exporters of Artificial Filament Tow were United States ($625M), Germany ($228M), Japan ($222M), Belgium ($217M), and China ($146M).

In 2020, the top importers of Artificial Filament Tow were Nigeria ($188M), Netherlands ($147M), Indonesia ($132M), United Arab Emirates ($92.5M), and Turkey ($83.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $23.3M

Top Destination Growth (2019 - 2020): Nigeria, $39.6M

Between 2019 and 2020, the exports of Artificial Filament Tow grew the fastest in China ($23.3M), Netherlands ($14.3M), United Arab Emirates ($10.7M), United States ($10.2M), and Germany ($9.89M).

Between 2019 and 2020, the fastest growing importers of Artificial Filament Tow were Nigeria ($39.6M), Poland ($24.2M), Netherlands ($14.4M), United Arab Emirates ($12.9M), and Egypt ($8.9M).

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Market Concentration

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Cumulative market share

Value

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

In 2020,  market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Artificial Filament Tow are explained by 8 countries.

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TOP NET EXPORTER (2020): United States, $620M

TOP NET IMPORTER (2020): Indonesia, $131M

This map shows which countries export or import more of Artificial Filament Tow. Each country is colored based on the difference in exports and imports of Artificial Filament Tow during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Artificial Filament Tow were United States ($620M), Japan ($220M), Germany ($180M), Belgium ($136M), and China ($84.1M).

In 2020, the countries that had a largest trade value in imports than in exports of Artificial Filament Tow were Indonesia ($131M), Netherlands ($88.6M), Turkey ($82.1M), United Arab Emirates ($68M), and Poland ($60.7M).

Disaggregation

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Value

In 2019, the world most traded Artificial Filament Tow, disaggragated by their HS6 level were Artificial filament tow ($1.76B)

Country Comparison

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Ranking

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

Import Tariffs

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In 2018, the average tariff for importing Artificial Filament Tow was 4.4%. The countries with the highest tariffs for importing Artificial Filament Tow were Bahamas (40.2%), Bangladesh (25%), Cayman Islands (22%), and Comoros (18.9%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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