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Yarn (other than sewing thread) of artificial staple fibres, not put up for retail sale

5510 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.2BRnk 893 / 1217
2023
Top Exporter | Top Importer $508M | $189MChina | Bangladesh
2023
Product Complexity -0.023Rnk 578 / 1044
2022 - 2023
Export Growth (CAGR) -21.7%Rnk 1067 / 1217
2023
Share of World Trade 0.0053%Rnk 893 / 1217

About

Overview This page contains the latest trade data of Non-Retail Artificial Staple Fibers Yarn. In 2023, Non-Retail Artificial Staple Fibers Yarn were the world's 893rd most traded product, with a total trade of $1.2B. Between 2022 and 2023 the exports of Non-Retail Artificial Staple Fibers Yarn decreased by -21.7%, from $1.53B to $1.2B. Trade in Non-Retail Artificial Staple Fibers Yarn represent 0.0053% of total world trade.

Non-Retail Artificial Staple Fibers Yarn are a part of Man-made staple fibres. They include Yarn >85% artificial staple fibres, single, not retai, Yarn of artificial staple fibres, not retail, nes, Yarn >85% artif staple fibres, multiple,not retail,ne, Yarn of artificial staple fibres & cotton, not retail, and Yarn of artif staple fibres & wool or hair, not retai.

Exports In 2023 the top exporters of Non-Retail Artificial Staple Fibers Yarn  were China ($508M), Indonesia ($253M), India ($97.4M), Turkey ($50.7M), and Italy ($44.2M).

Imports In 2023 the top importers of Non-Retail Artificial Staple Fibers Yarn were Bangladesh ($189M), India ($163M), Brazil ($108M), Italy ($102M), and Turkey ($65.9M).

Ranking Non-Retail Artificial Staple Fibers Yarn ranks 578th in the Product Complexity Index (PCI).

Description Yarns of artificial staple fibres are made from polyester, acrylic, or nylon and are used in the production of clothing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Non-Retail Artificial Staple Fibers 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$508M
Top Destination (2023)Bangladesh$189M

In 2023 Non-Retail Artificial Staple Fibers Yarn were the world's 893rd most traded product (out of 1,217).

In 2023, the top exporters of Non-Retail Artificial Staple Fibers Yarn were China ($508M), Indonesia ($253M), India ($97.4M), Turkey ($50.7M), and Italy ($44.2M).

In 2023, the top importers of Non-Retail Artificial Staple Fibers Yarn were Bangladesh ($189M), India ($163M), Brazil ($108M), Italy ($102M), and Turkey ($65.9M).

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Exporters of Non-Retail Artificial Staple Fibers Yarn (2023)
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Importers of Non-Retail Artificial Staple Fibers Yarn (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$9.44M
Top Destination Growth (2022 -  2023)China$16.2M

Between 2022 and 2023, the exports of Non-Retail Artificial Staple Fibers Yarn grew the fastest in Vietnam ($9.44M), Hungary ($9.24M), Belgium ($4.66M), Hong Kong ($1.78M), and Czechia ($1.69M).

Between 2022 and 2023, the fastest growing importers of Non-Retail Artificial Staple Fibers Yarn were China ($16.2M), Vietnam ($9.11M), Cambodia ($6.99M), France ($6.85M), and Slovenia ($3.83M).

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Exporters of Non-Retail Artificial Staple Fibers Yarn (2022 - 2023)

Importers of Non-Retail Artificial Staple Fibers Yarn (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Non-Retail Artificial Staple Fibers Yarn.

In 2023, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Non-Retail Artificial Staple Fibers Yarn are explained by 8 countries.

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Value of Exports in Non-Retail Artificial Staple Fibers Yarn

Net Trade

TOP NET EXPORTER (2023)China$481M
TOP NET IMPORTER (2023)Bangladesh$189M

This map shows which countries export or import more of Non-Retail Artificial Staple Fibers Yarn. Each country is colored based on the difference in exports and imports of Non-Retail Artificial Staple Fibers Yarn during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Non-Retail Artificial Staple Fibers Yarn were China ($481M), Indonesia ($248M), Tunisia ($12M), Bosnia and Herzegovina ($11.5M), and Hungary ($11.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Non-Retail Artificial Staple Fibers Yarn were Bangladesh ($189M), Brazil ($106M), India ($65.8M), Italy ($57.9M), and Egypt ($35.9M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Non-Retail Artificial Staple Fibers Yarn, disaggragated by their HS6 level were Yarn >85% artificial staple fibres, single,... ($676M), Yarn of artificial staple fibres, not... ($290M), Yarn >85% artif staple fibres, multiple,not... ($141M), Yarn of artificial staple fibres &... ($51.5M), and Yarn of artif staple fibres &... ($38.7M)

HS6 Disaggregation for Non-Retail Artificial Staple Fibers 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 Non-Retail Artificial Staple Fibers Yarn.
It is possible to select the main countries that export or import Non-Retail Artificial Staple Fibers Yarn in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Non-Retail Artificial Staple Fibers Yarn by percentage of total exports

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $11.3M
TOP IMPORT POTENTIALIndonesia+ $1.83M

Non-Retail Artificial Staple Fibers Yarn’s highest export potential is India. With an export gap of $11.3M.  Non-Retail Artificial Staple Fibers Yarn’s highest import potential is Indonesia with an import gap of $1.83M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Non-Retail Artificial Staple Fibers Yarn.

Country by Relatedness

The following visualization shows the relatedness of Non-Retail Artificial Staple Fibers 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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