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Pricing

Sewing and knitting needles, bodkins, crochet hooks, embroidery stilettos and similar articles, for use in the hand, of iron or steel; safety pins and other pins of iron or steel, not elsewhere specified or included

7319 (Harmonized System 1992 for 4-digit)

2023
World Trade $352MRnk 1090 / 1217
2023
Top Exporter | Top Importer $154M | $40.4MChina | United States
2022 - 2023
Export Growth (CAGR) -2.98%Rnk 501 / 1217
2023
Share of World Trade 0.0016%Rnk 1090 / 1217

About

Overview This page contains the latest trade data of Iron Sewing Needles. In 2023, Iron Sewing Needles were the world's 1090th most traded product, with a total trade of $352M. Between 2022 and 2023 the exports of Iron Sewing Needles decreased by -2.98%, from $363M to $352M. Trade in Iron Sewing Needles represent 0.0016% of total world trade.

Iron Sewing Needles are a part of Iron/Steel Articles. They include Pins, iron or steel, except safety pins, Articles for sewing/etc, iron/steel, except pin/needl, Needles, sewing, darning or embroidery, iron or steel, and Pins, safety, iron or steel.

Exports In 2023 the top exporters of Iron Sewing Needles  were China ($154M), Japan ($35.1M), United States ($21.4M), Germany ($18.4M), and Malaysia ($12.4M).

Imports In 2023 the top importers of Iron Sewing Needles were United States ($40.4M), Indonesia ($35.1M), Malaysia ($28.3M), India ($18.4M), and Philippines ($16.1M).

Description Sewing needles, knitting needles, bodkins, crochet hoods, embroidery stilettos and similar articles are used to sew or knit fabric. They can be made from a variety of materials, including steel.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Iron Sewing Needles. 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$154M
Top Destination (2023)United States$40.4M

In 2023 Iron Sewing Needles were the world's 1090th most traded product (out of 1,217).

In 2023, the top exporters of Iron Sewing Needles were China ($154M), Japan ($35.1M), United States ($21.4M), Germany ($18.4M), and Malaysia ($12.4M).

In 2023, the top importers of Iron Sewing Needles were United States ($40.4M), Indonesia ($35.1M), Malaysia ($28.3M), India ($18.4M), and Philippines ($16.1M).

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Exporters of Iron Sewing Needles (2023)
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Importers of Iron Sewing Needles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$6.17M
Top Destination Growth (2022 -  2023)Saudi Arabia$7.31M

Between 2022 and 2023, the exports of Iron Sewing Needles grew the fastest in China ($6.17M), Germany ($1.31M), Brazil ($1.08M), Netherlands ($1.05M), and United Arab Emirates ($895k).

Between 2022 and 2023, the fastest growing importers of Iron Sewing Needles were Saudi Arabia ($7.31M), Philippines ($5.86M), United Arab Emirates ($2.06M), Germany ($1.88M), and Canada ($1.87M).

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Exporters of Iron Sewing Needles (2022 - 2023)

Importers of Iron Sewing Needles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron Sewing Needles.

In 2023, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Iron Sewing Needles are explained by 11 countries.

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Value of Exports in Iron Sewing Needles

Net Trade

TOP NET EXPORTER (2023)China$148M
TOP NET IMPORTER (2023)Indonesia$34.7M

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

In 2023, the countries that had a largest trade value in exports than in imports of Iron Sewing Needles were China ($148M), Japan ($30.6M), Chinese Taipei ($8.92M), Singapore ($5.08M), and South Korea ($4.44M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron Sewing Needles were Indonesia ($34.7M), United States ($19.1M), Malaysia ($15.9M), Philippines ($15.4M), and Saudi Arabia ($12.4M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Iron Sewing Needles, disaggragated by their HS6 level were Articles for sewing/etc, iron/steel, except pin/needl ($190M), Pins, iron or steel, except safety... ($162M), and Pins, safety, iron or steel ($680)

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

Top 10 Exporters Countries of Iron Sewing Needles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $3.83M
TOP IMPORT POTENTIALSouth Korea+ $348k

Iron Sewing Needles’s highest export potential is India. With an export gap of $3.83M.  Iron Sewing Needles’s highest import potential is South Korea with an import gap of $348k.

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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 Iron Sewing Needles 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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