Non-Retail Synthetic Staple Fibers Yarn5509 (Harmonized System 1992 for 4-digit)
2020 World Trade: $4.17B, Rnk 533 / 1217
2020 Top Exporter | Top Importer: $1.16B | $306M, China | Bangladesh
2020 Product Complexity: -0.51, Rnk 705 / 1028
2019 - 2020 Export Growth (CAGR): -24.4%, Rnk 1091 / 1217
2018 Mean Tariff: 6.69%, Rnk 642 / 1259
2020 Share of World Trade: 0.025%, Rnk 533 / 1217
Overview This page contains the latest trade data of Non-Retail Synthetic Staple Fibers Yarn. In 2020, Non-Retail Synthetic Staple Fibers Yarn were the world's 533rd most traded product, with a total trade of $4.17B. Between 2019 and 2020 the exports of Non-Retail Synthetic Staple Fibers Yarn decreased by -24.4%, from $5.51B to $4.17B. Trade in Non-Retail Synthetic Staple Fibers Yarn represent 0.025% of total world trade.
Non-Retail Synthetic Staple Fibers Yarn are a part of Man-made staple fibres. They include Yarn >85% acrylic staple fibres, multiple not retail, Yarn of polyester & cotton, not retail, nes, Yarn >85% polyester staple fibres, single, not retail, Yarn of polyester & artif staple fibres, not retail, Yarn >85% polyester staple fibres, multiple,not retai, Yarn >85% acrylic staple fibres, single, not retail, Yarn of acrylic staple fibre & wool or hair,not retai, Yarn of acrylic staple fibres, not retail, nes, Yarn of acrylic staple fibres & cotton, not retail, and Yarn >85% nylon, etc staple fibres, single, not retai, among others.
Exports In 2020 the top exporters of Non-Retail Synthetic Staple Fibers Yarn were China ($1.16B), Indonesia ($524M), India ($368M), United States ($362M), and Vietnam ($247M).
Imports In 2020 the top importers of Non-Retail Synthetic Staple Fibers Yarn were Bangladesh ($306M), Honduras ($257M), Turkey ($183M), Vietnam ($177M), and South Korea ($175M).
Tariffs In 2018 the average tariff for Non-Retail Synthetic Staple Fibers Yarn was 6.69%, making it the 642nd lowest tariff using the HS4 product classification.
Ranking Non-Retail Synthetic Staple Fibers Yarn ranks 705th in the Product Complexity Index (PCI).
Description Synthetic staple fibres are used in a variety of ways, such as for clothes, for upholstery, and for carpets.
The following visualization shows the latest trends on Non-Retail Synthetic 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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $1.16B
Top Destination (2020): Bangladesh, $306M
Non-Retail Synthetic Staple Fibers Yarn are the world's 533rd most traded product.
In 2020, the top exporters of Non-Retail Synthetic Staple Fibers Yarn were China ($1.16B), Indonesia ($524M), India ($368M), United States ($362M), and Vietnam ($247M).
In 2020, the top importers of Non-Retail Synthetic Staple Fibers Yarn were Bangladesh ($306M), Honduras ($257M), Turkey ($183M), Vietnam ($177M), and South Korea ($175M).
Trade by country
Top Origin Growth (2019 - 2020): Hong Kong, $7.88M
Top Destination Growth (2019 - 2020): Argentina, $15.7M
Between 2019 and 2020, the exports of Non-Retail Synthetic Staple Fibers Yarn grew the fastest in Hong Kong ($7.88M), Costa Rica ($5.2M), Cambodia ($4.28M), Uzbekistan ($3.92M), and Portugal ($3.51M).
Between 2019 and 2020, the fastest growing importers of Non-Retail Synthetic Staple Fibers Yarn were Argentina ($15.7M), Peru ($6.92M), Chinese Taipei ($6.43M), Uzbekistan ($4.51M), and Colombia ($4.43M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Non-Retail Synthetic Staple Fibers Yarn.
In 2020, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Non-Retail Synthetic Staple Fibers Yarn are explained by 15 countries.
TOP NET EXPORTER (2020): China, $1.04B
TOP NET IMPORTER (2020): Bangladesh, $303M
This map shows which countries export or import more of Non-Retail Synthetic Staple Fibers Yarn. Each country is colored based on the difference in exports and imports of Non-Retail Synthetic Staple Fibers Yarn during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Non-Retail Synthetic Staple Fibers Yarn were China ($1.04B), Indonesia ($482M), United States ($236M), India ($222M), and Thailand ($80.7M).
In 2020, the countries that had a largest trade value in imports than in exports of Non-Retail Synthetic Staple Fibers Yarn were Bangladesh ($303M), Honduras ($254M), South Korea ($157M), Brazil ($154M), and Egypt ($136M).
In 2020, the world most traded Non-Retail Synthetic Staple Fibers Yarn, disaggragated by their HS6 level were Yarn of polyester & cotton, not... ($861M), Yarn >85% polyester staple fibres, single,... ($575M), Yarn >85% polyester staple fibres, multiple,not... ($505M), Yarn >85% acrylic staple fibres, multiple... ($443M), and Yarn of polyester & artif staple... ($309M)
This visualization shows the countries that have an important ratio of their trade related to Non-Retail Synthetic Staple Fibers Yarn. It is possible to select the main countries that export or import Non-Retail Synthetic Staple Fibers Yarn in the world, or by continent, as well as select the measure of interest.
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.
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