HS Icon Hemp Fibers

5302 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Hemp Fibers. In 2020, Hemp Fibers were the world's 1193rd most traded product, with a total trade of $48.3M. Between 2019 and 2020 the exports of Hemp Fibers grew by 39.3%, from $34.7M to $48.3M. Trade in Hemp Fibers represent 0.00029% of total world trade.

Hemp Fibers are a part of Vegetable textile fibres; paper yarn and woven fabrics of paper yarn. They include True hemp fibre otherwise processed but not spunand True hemp fibre, raw or retted.

Exports In 2020 the top exporters of Hemp Fibers  were France ($9.88M), Netherlands ($9.46M), United States ($5.17M), Italy ($3.89M), and Croatia ($3.09M).

Imports In 2020 the top importers of Hemp Fibers were Spain ($6.82M), Germany ($6.54M), Switzerland ($5.3M), Austria ($3.54M), and Italy ($3.39M).

Tariffs In 2018 the average tariff for Hemp Fibers was 5.51%, making it the 760th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Hemp Fibers are Bahamas (40.2%), Romania (34.2%), Bangladesh (24.5%), and India (24.5%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Description Hemp has been used for centuries to make ropes, canvas, paper, and cloth. It was also once a major crop in the United States, but its cultivation was outlawed due to its relation to marijuana.

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hemp Fibers. 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): France, $9.88M

Top Destination (2020): Spain, $6.82M

Hemp Fibers are the world's 1193rd most traded product.

In 2020, the top exporters of Hemp Fibers were France ($9.88M), Netherlands ($9.46M), United States ($5.17M), Italy ($3.89M), and Croatia ($3.09M).

In 2020, the top importers of Hemp Fibers were Spain ($6.82M), Germany ($6.54M), Switzerland ($5.3M), Austria ($3.54M), and Italy ($3.39M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): United States, $4.76M

Top Destination Growth (2019 - 2020): Switzerland, $4.77M

Between 2019 and 2020, the exports of Hemp Fibers grew the fastest in United States ($4.76M), Netherlands ($4.02M), Italy ($1.47M), Romania ($1.31M), and Spain ($1.21M).

Between 2019 and 2020, the fastest growing importers of Hemp Fibers were Switzerland ($4.77M), Spain ($2.86M), Italy ($2.14M), Germany ($1.64M), and Luxembourg ($1.16M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Hemp Fibers.

In 2020,  market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Hemp Fibers are explained by 13 countries.

Explore Visualizations

TOP NET EXPORTER (2020): Netherlands, $9.08M

TOP NET IMPORTER (2020): Germany, $5.84M

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

In 2020, the countries that had a largest trade value in exports than in imports of Hemp Fibers were Netherlands ($9.08M), France ($8.52M), United States ($3.97M), Croatia ($2.73M), and Romania ($2.24M).

In 2020, the countries that had a largest trade value in imports than in exports of Hemp Fibers were Germany ($5.84M), Spain ($5.06M), Switzerland ($3.65M), Austria ($2.93M), and Czechia ($2.92M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Hemp Fibers, disaggragated by their HS6 level were True hemp fibre otherwise processed but... ($24.4M)and True hemp fibre, raw or retted ($24M)

Country Comparison

#permalink to section
Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hemp Fibers.
It is possible to select the main countries that export or import Hemp Fibers 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 Hemp Fibers was 5.51%. The countries with the highest tariffs for importing Hemp Fibers were Bahamas (40.2%), Romania (34.2%), Bangladesh (24.5%), and India (24.5%).

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 Hemp Fibers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.