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Flax yarn

5306 (Harmonized System 1992 for 4-digit)

2023
World Trade $450MRnk 1057 / 1217
2023
Top Exporter | Top Importer $209M | $124MChina | Italy
2022 - 2023
Export Growth (CAGR) -18.4%Rnk 1007 / 1217
2023
Share of World Trade 0.002%Rnk 1057 / 1217

About

Overview This page contains the latest trade data of Flax Yarn. In 2023, Flax Yarn were the world's 1057th most traded product, with a total trade of $450M. Between 2022 and 2023 the exports of Flax Yarn decreased by -18.4%, from $552M to $450M. Trade in Flax Yarn represent 0.002% of total world trade.

Flax Yarn are a part of Vegetable textile fibers, paper yarn & fabrics. They include Flax yarn single and Flax yarn multiple (folded) or cabled.

Exports In 2023 the top exporters of Flax Yarn  were China ($209M), Italy ($45.3M), Lithuania ($38.8M), Ethiopia ($31.1M), and Tunisia ($25.9M).

Imports In 2023 the top importers of Flax Yarn were Italy ($124M), Turkey ($42.9M), Belgium ($29.7M), India ($29.7M), and Bangladesh ($28.7M).

Description Flax yarn is often used for garments, such as sweaters and shawls. It is also used for items like dishcloths, pot holders, and towels.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Flax Yarn. 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$209M
Top Destination (2023)Italy$124M

In 2023 Flax Yarn were the world's 1057th most traded product (out of 1,217).

In 2023, the top exporters of Flax Yarn were China ($209M), Italy ($45.3M), Lithuania ($38.8M), Ethiopia ($31.1M), and Tunisia ($25.9M).

In 2023, the top importers of Flax Yarn were Italy ($124M), Turkey ($42.9M), Belgium ($29.7M), India ($29.7M), and Bangladesh ($28.7M).

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Exporters of Flax Yarn (2023)
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Importers of Flax Yarn (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Ethiopia$17.2M
Top Destination Growth (2022 -  2023)Bangladesh$10.8M

Between 2022 and 2023, the exports of Flax Yarn grew the fastest in Ethiopia ($17.2M), Lithuania ($14M), Turkey ($10.4M), Hong Kong ($1.12M), and United Kingdom ($817k).

Between 2022 and 2023, the fastest growing importers of Flax Yarn were Bangladesh ($10.8M), Kyrgyzstan ($10.6M), Vietnam ($8.45M), Serbia ($2.25M), and Japan ($2.02M).

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Exporters of Flax Yarn (2022 - 2023)

Importers of Flax Yarn (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flax Yarn.

In 2023, market concentration measured using Shannon Entropy, was 2.96. This means that most of the exports of Flax Yarn are explained by 7 countries.

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Value of Exports in Flax Yarn

Net Trade

TOP NET EXPORTER (2023)China$204M
TOP NET IMPORTER (2023)Italy$78.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Flax Yarn were China ($204M), Lithuania ($31.6M), Ethiopia ($31.1M), Tunisia ($25.8M), and Poland ($17.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Flax Yarn were Italy ($78.5M), Turkey ($31.8M), Bangladesh ($28.3M), Belgium ($23.4M), and Portugal ($22.5M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Flax Yarn, disaggragated by their HS6 level were Flax yarn single ($407M) and Flax yarn multiple (folded) or cabled ($43.7M)

HS6 Disaggregation for Flax Yarn (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 Flax Yarn.
It is possible to select the main countries that export or import Flax Yarn in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Flax Yarn by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $5.92M
TOP IMPORT POTENTIALIndia+ $233k

Flax Yarn’s highest export potential is India. With an export gap of $5.92M.  Flax Yarn’s highest import potential is India with an import gap of $233k.

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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)

Country by Relatedness

The following visualization shows the relatedness of Flax Yarn 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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