Artificial Monofilament5405 (Harmonized System 1992 for 4-digit)
2020 World Trade: $14.4M, Rnk 1209 / 1217
2020 Top Exporter | Top Importer: $3.1M | $3.12M, Saudi Arabia | China
2019 - 2020 Export Growth (CAGR): -20.2%, Rnk 1026 / 1217
2018 Mean Tariff: 5.52%, Rnk 757 / 1259
2020 Share of World Trade: <0.01%, Rnk 1209 / 1217
Overview This page contains the latest trade data of Artificial Monofilament. In 2020, Artificial Monofilament were the world's 1209th most traded product, with a total trade of $14.4M. Between 2019 and 2020 the exports of Artificial Monofilament decreased by -20.2%, from $18.1M to $14.4M. Trade in Artificial Monofilament represent 0.000086% of total world trade.
Artificial Monofilament are a part of Man-made filaments. They include Artif monofilament >67dtex t<1mm, strip, straws t<5mm.
Exports In 2020 the top exporters of Artificial Monofilament were China ($3.1M), Japan ($2.51M), Singapore ($2.01M), South Korea ($1.05M), and Portugal ($860k).
Imports In 2020 the top importers of Artificial Monofilament were Saudi Arabia ($3.12M), United States ($2.3M), Spain ($1.09M), Egypt ($791k), and China ($662k).
Tariffs In 2018 the average tariff for Artificial Monofilament was 5.52%, making it the 757th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Artificial Monofilament are Bangladesh (24.5%), Bahamas (24.5%), Cayman Islands (22%), and Ethiopia (19.8%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Lebanon (0%).
The following visualization shows the latest trends on Artificial Monofilament. 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.
Trade By Country
Top Origin (2020): China, $3.1M
Top Destination (2020): Saudi Arabia, $3.12M
Artificial Monofilament are the world's 1209th most traded product.
In 2020, the top exporters of Artificial Monofilament were China ($3.1M), Japan ($2.51M), Singapore ($2.01M), South Korea ($1.05M), and Portugal ($860k).
In 2020, the top importers of Artificial Monofilament were Saudi Arabia ($3.12M), United States ($2.3M), Spain ($1.09M), Egypt ($791k), and China ($662k).
Trade by country
Top Origin Growth (2019 - 2020): South Korea, $359k
Top Destination Growth (2019 - 2020): Egypt, $523k
Between 2019 and 2020, the exports of Artificial Monofilament grew the fastest in South Korea ($359k), Portugal ($283k), United States ($207k), Belgium ($152k), and Saudi Arabia ($81.4k).
Between 2019 and 2020, the fastest growing importers of Artificial Monofilament were Egypt ($523k), Japan ($300k), Spain ($215k), Ukraine ($175k), and France ($160k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Artificial Monofilament.
In 2020, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Artificial Monofilament are explained by 12 countries.
TOP NET EXPORTER (2020): China, $2.44M
TOP NET IMPORTER (2020): Saudi Arabia, $3.02M
This map shows which countries export or import more of Artificial Monofilament. Each country is colored based on the difference in exports and imports of Artificial Monofilament during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Artificial Monofilament were China ($2.44M), Japan ($2.02M), Singapore ($1.99M), South Korea ($1.04M), and Portugal ($860k).
In 2020, the countries that had a largest trade value in imports than in exports of Artificial Monofilament were Saudi Arabia ($3.02M), United States ($1.53M), Spain ($1.03M), Egypt ($776k), and United Arab Emirates ($582k).
In 2019, the world most traded Artificial Monofilament, disaggragated by their HS6 level were Artif monofilament >67dtex t<1mm, strip, straws... ($14.4M)
This visualization shows the countries that have an important ratio of their trade related to Artificial Monofilament. It is possible to select the main countries that export or import Artificial Monofilament in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Artificial Monofilament was 5.52%. The countries with the highest tariffs for importing Artificial Monofilament were Bangladesh (24.5%), Bahamas (24.5%), Cayman Islands (22%), and Ethiopia (19.8%).
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.
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