HS Icon Artificial Monofilament

5405 (Harmonized System 1992 for 4-digit)

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%).

View
Flow
Y-AXIS SCALE

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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

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).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

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).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

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.

Explore Visualizations

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).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Artificial Monofilament, disaggragated by their HS6 level were Artif monofilament >67dtex t<1mm, strip, straws... ($14.4M)

Country Comparison

#permalink to section
Flow
Measure
Ranking

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.

Import Tariffs

#permalink to section

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%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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

#permalink to section

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