HS Icon Netting

Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials

5608 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Netting. In 2021, Netting were the world's 733rd most traded product, with a total trade of $2.27B. Between 2020 and 2021 the exports of Netting grew by 14.2%, from $1.98B to $2.27B. Trade in Netting represent 0.011% of total world trade.

Netting are a part of Wadding, felt, nonwovens, twin, ropes, & articles thereof. They include Made up fishing nets, of manmade textile materials, Knotted netting, nets not fishing of manmade textiles, and Knotted netting, nets, of of natural materials.

Exports In 2021 the top exporters of Netting  were China ($871M), Vietnam ($148M), Thailand ($125M), India ($88.9M), and Spain ($86.7M).

Imports In 2021 the top importers of Netting were Japan ($148M), Vietnam ($113M), South Korea ($110M), Germany ($103M), and United States ($92.8M).

Tariffs In 2018 the average tariff for Netting was 11.5%, making it the 328th lowest tariff using the HS4 product classification.

Ranking Netting ranks 786th in the Product Complexity Index (PCI).

Description Made-up fishing nets are used to catch fish. Made-up nets are made from textile materials, and can be used for a variety of different purposes. Butterfly nets are used to catch butterflies. Hairnets are used to keep hair out of the way while sleeping or working. Landing nets are used to catch fish when they swim up on the shore.

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Netting. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $871M

Top Destination (2021): Japan, $148M

Netting are the world's 733rd most traded product.

In 2021, the top exporters of Netting were China ($871M), Vietnam ($148M), Thailand ($125M), India ($88.9M), and Spain ($86.7M).

In 2021, the top importers of Netting were Japan ($148M), Vietnam ($113M), South Korea ($110M), Germany ($103M), and United States ($92.8M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $125M

Top Destination Growth (2020 -  2021): Germany, $29.1M

Between 2020 and 2021, the exports of Netting grew the fastest in China ($125M), Greece ($34.4M), Spain ($15.8M), Malaysia ($13.6M), and Lithuania ($10.3M).

Between 2020 and 2021, the fastest growing importers of Netting were Germany ($29.1M), France ($23.1M), Malaysia ($21.8M), Italy ($15.8M), and Netherlands ($12.6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Netting.

In 2021, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Netting are explained by 16 countries.

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TOP NET EXPORTER (2021): China, $853M

TOP NET IMPORTER (2021): Japan, $88.7M

This map shows which countries export or import more of Netting. Each country is colored based on the difference in exports and imports of Netting during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Netting were China ($853M), Thailand ($96M), India ($55M), Greece ($46.5M), and Spain ($40.8M).

In 2021, the countries that had a largest trade value in imports than in exports of Netting were Japan ($88.7M), United States ($77.1M), South Korea ($65.6M), France ($55.8M), and Norway ($43.7M).

Disaggregation

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Value

In 2021, the world most traded Netting, disaggragated by their HS6 level were Knotted netting, nets not fishing of... ($1.05B), Made up fishing nets, of manmade... ($1.03B), and Knotted netting, nets, of of natural... ($192M)

Country Comparison

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Flow
Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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

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The following visualization shows the relatedness of Netting to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.