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Yarn of jute or of other textile bast fibres of heading no. 5305

5307 (Harmonized System 1992 for 4-digit)

2023
World Trade $453MRnk 1055 / 1217
2023
Top Exporter | Top Importer $412M | $149MBangladesh | Turkey
2023
Product Complexity -1.07Rnk 871 / 1044
2022 - 2023
Export Growth (CAGR) -33.4%Rnk 1173 / 1217
2023
Share of World Trade 0.002%Rnk 1055 / 1217

About

Overview This page contains the latest trade data of Jute Yarn. In 2023, Jute Yarn were the world's 1055th most traded product, with a total trade of $453M. Between 2022 and 2023 the exports of Jute Yarn decreased by -33.4%, from $680M to $453M. Trade in Jute Yarn represent 0.002% of total world trade.

Jute Yarn are a part of Vegetable textile fibers, paper yarn & fabrics. They include Yarn of jute or textile bast fibres nes, single and Yarn of jute, textile bast fibre nes, multiple, cable.

Exports In 2023 the top exporters of Jute Yarn  were Bangladesh ($412M), India ($10.9M), Turkey ($10M), China ($5.82M), and Belgium ($3.71M).

Imports In 2023 the top importers of Jute Yarn were Turkey ($149M), China ($87.1M), India ($64.4M), Uzbekistan ($32.9M), and Cote d'Ivoire ($15.4M).

Ranking Jute Yarn ranks 871st in the Product Complexity Index (PCI).

Description Jute is a natural fibre that is used in the production of twine, cordage, and cloth. Jute is also a substitute for sisal in the production of burlap.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Jute 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)Bangladesh$412M
Top Destination (2023)Turkey$149M

In 2023 Jute Yarn were the world's 1055th most traded product (out of 1,217).

In 2023, the top exporters of Jute Yarn were Bangladesh ($412M), India ($10.9M), Turkey ($10M), China ($5.82M), and Belgium ($3.71M).

In 2023, the top importers of Jute Yarn were Turkey ($149M), China ($87.1M), India ($64.4M), Uzbekistan ($32.9M), and Cote d'Ivoire ($15.4M).

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

Color
Top Origin Growth (2022 -  2023)Mozambique$851k
Top Destination Growth (2022 -  2023)Uzbekistan$6.94M

Between 2022 and 2023, the exports of Jute Yarn grew the fastest in Mozambique ($851k), Djibouti ($262k), Belgium ($177k), Netherlands ($158k), and Oman ($141k).

Between 2022 and 2023, the fastest growing importers of Jute Yarn were Uzbekistan ($6.94M), India ($1.86M), Ukraine ($1.45M), Ethiopia ($800k), and Belarus ($368k).

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Exporters of Jute Yarn (2022 - 2023)

Importers of Jute Yarn (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 0.72. This means that most of the exports of Jute Yarn are explained by 1 countries.

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Value of Exports in Jute Yarn

Net Trade

TOP NET EXPORTER (2023)Bangladesh$412M
TOP NET IMPORTER (2023)Turkey$139M

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

In 2023, the countries that had a largest trade value in exports than in imports of Jute Yarn were Bangladesh ($412M), Nepal ($2.56M), Iran ($1.11M), Mozambique ($845k), and Brunei ($89.8k).

In 2023, the countries that had a largest trade value in imports than in exports of Jute Yarn were Turkey ($139M), China ($81.3M), India ($53.5M), Uzbekistan ($32.7M), and Indonesia ($13.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Jute Yarn, disaggragated by their HS6 level were Yarn of jute or textile bast... ($337M) and Yarn of jute, textile bast fibre... ($116M)

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $10M
TOP IMPORT POTENTIALChina+ $1.75k

Jute Yarn’s highest export potential is India. With an export gap of $10M.  Jute Yarn’s highest import potential is China with an import gap of $1.75k.

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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 Jute 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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