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581092 (Harmonized System 1992 for 6-digit)

2023
World Trade $911MRnk 2217 / 4644
2023
Top Exporter | Top Importer $559M | $94MChina | United States
2023
Product Complexity -0.73Rnk 3526 / 4656
2022 - 2023
Export Growth (CAGR) 4.34%Rnk 1098 / 4644
2023
Share of World Trade 0.004%Rnk 2217 / 4644

About

Overview This page contains the latest trade data of Embroidery of manmade fibres. In 2023, Embroidery of manmade fibres were the world's 2217th most traded product, with a total trade of $911M. Between 2022 and 2023 the exports of Embroidery of manmade fibres grew by 4.34%, from $873M to $911M. Trade in Embroidery of manmade fibres represent 0.004% of total world trade.

Embroidery of manmade fibres are a part of Embroidery.

Exports In 2023 the top exporters of Embroidery of manmade fibres  were China ($559M), India ($62.6M), Turkey ($51.1M), Thailand ($30.9M), and Chinese Taipei ($25.8M).

Imports In 2023 the top importers of Embroidery of manmade fibres were United States ($94M), Nigeria ($65.7M), Iraq ($59.3M), Vietnam ($41M), and Italy ($36.6M).

Ranking Embroidery of manmade fibres ranks 3526th in the Product Complexity Index (PCI).

Description Embroidery of man-made fibres is used for decoration, as a functional or decorative trim, and as a design element.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Embroidery of manmade fibres. 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$559M
Top Destination (2023)United States$94M

In 2023 Embroidery of manmade fibres were the world's 2217th most traded product (out of 4,644).

In 2023, the top exporters of Embroidery of manmade fibres were China ($559M), India ($62.6M), Turkey ($51.1M), Thailand ($30.9M), and Chinese Taipei ($25.8M).

In 2023, the top importers of Embroidery of manmade fibres were United States ($94M), Nigeria ($65.7M), Iraq ($59.3M), Vietnam ($41M), and Italy ($36.6M).

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Exporters of Embroidery of manmade fibres (2023)
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Importers of Embroidery of manmade fibres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$55M
Top Destination Growth (2022 -  2023)Nigeria$54.6M

Between 2022 and 2023, the exports of Embroidery of manmade fibres grew the fastest in China ($55M), India ($10.9M), Mexico ($4.96M), Hong Kong ($1.73M), and Uzbekistan ($1.12M).

Between 2022 and 2023, the fastest growing importers of Embroidery of manmade fibres were Nigeria ($54.6M), Vietnam ($26.9M), Senegal ($25.5M), Iraq ($9.77M), and Italy ($7.83M).

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Exporters of Embroidery of manmade fibres (2022 - 2023)

Importers of Embroidery of manmade fibres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Embroidery of manmade fibres.

In 2023, market concentration measured using Shannon Entropy, was 2.6. This means that most of the exports of Embroidery of manmade fibres are explained by 6 countries.

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Value of Exports in Embroidery of manmade fibres

Net Trade

TOP NET EXPORTER (2023)China$549M
TOP NET IMPORTER (2023)United States$90M

This map shows which countries export or import more of Embroidery of manmade fibres. Each country is colored based on the difference in exports and imports of Embroidery of manmade fibres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Embroidery of manmade fibres were China ($549M), India ($54.4M), Chinese Taipei ($25.2M), Turkey ($20.5M), and Thailand ($9.06M).

In 2023, the countries that had a largest trade value in imports than in exports of Embroidery of manmade fibres were United States ($90M), Nigeria ($65.6M), Vietnam ($37.1M), Morocco ($26.3M), and Brazil ($24.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Embroidery of manmade fibres 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 (2023)

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