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Yarn of other vegetable textile fibres; paper yarn

5308 (Harmonized System 1992 for 4-digit)

2023
World Trade $98.5MRnk 1172 / 1217
2023
Top Exporter | Top Importer $29.8M | $8.79MChina | China
2022 - 2023
Export Growth (CAGR) -37.5%Rnk 1187 / 1217
2023
Share of World Trade 0.00044%Rnk 1172 / 1217

About

Overview This page contains the latest trade data of Other Vegetable Fibers Yarn. In 2023, Other Vegetable Fibers Yarn were the world's 1172nd most traded product, with a total trade of $98.5M. Between 2022 and 2023 the exports of Other Vegetable Fibers Yarn decreased by -37.5%, from $158M to $98.5M. Trade in Other Vegetable Fibers Yarn represent 0.00044% of total world trade.

Other Vegetable Fibers Yarn are a part of Vegetable textile fibers, paper yarn & fabrics. They include Yarn of other vegetable textile fibres, Coir yarn, True hemp yarn, and Paper yarn.

Exports In 2023 the top exporters of Other Vegetable Fibers Yarn  were China ($29.8M), Italy ($11.4M), Brazil ($8.15M), Spain ($6.63M), and Vietnam ($5.58M).

Imports In 2023 the top importers of Other Vegetable Fibers Yarn were China ($8.79M), United States ($7.7M), Italy ($5.85M), Japan ($5.71M), and Nigeria ($5.64M).

Description Yarn of vegetable textile fibres are used in the manufacture of carpets, upholstery fabrics, and bedspreads.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Vegetable 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$29.8M
Top Destination (2023)China$8.79M

In 2023 Other Vegetable Fibers Yarn were the world's 1172nd most traded product (out of 1,217).

In 2023, the top exporters of Other Vegetable Fibers Yarn were China ($29.8M), Italy ($11.4M), Brazil ($8.15M), Spain ($6.63M), and Vietnam ($5.58M).

In 2023, the top importers of Other Vegetable Fibers Yarn were China ($8.79M), United States ($7.7M), Italy ($5.85M), Japan ($5.71M), and Nigeria ($5.64M).

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Exporters of Other Vegetable Fibers Yarn (2023)
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Importers of Other Vegetable Fibers Yarn (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$2.72M
Top Destination Growth (2022 -  2023)China$2.83M

Between 2022 and 2023, the exports of Other Vegetable Fibers Yarn grew the fastest in Vietnam ($2.72M), Brazil ($1.49M), Japan ($737k), Poland ($482k), and Netherlands ($291k).

Between 2022 and 2023, the fastest growing importers of Other Vegetable Fibers Yarn were China ($2.83M), Cuba ($823k), Belarus ($430k), Austria ($328k), and Argentina ($270k).

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Exporters of Other Vegetable Fibers Yarn (2022 - 2023)

Importers of Other Vegetable Fibers Yarn (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Vegetable Fibers Yarn.

In 2023, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Other Vegetable Fibers Yarn are explained by 15 countries.

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Value of Exports in Other Vegetable Fibers Yarn

Net Trade

TOP NET EXPORTER (2023)China$21.1M
TOP NET IMPORTER (2023)United States$6.11M

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

In 2023, the countries that had a largest trade value in exports than in imports of Other Vegetable Fibers Yarn were China ($21.1M), Brazil ($7.82M), Italy ($5.56M), Spain ($4.24M), and Kenya ($3.33M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Vegetable Fibers Yarn were United States ($6.11M), Nigeria ($5.64M), South Korea ($5.07M), Portugal ($3.9M), and France ($2.58M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Vegetable Fibers Yarn, disaggragated by their HS6 level were Yarn of other vegetable textile fibres ($78.8M), True hemp yarn ($12.5M), and Coir yarn ($7.23M)

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

Top 10 Exporters Countries of Other Vegetable Fibers Yarn by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Other Vegetable Fibers Yarn’s highest export potential is N/A. With an export gap of N/A.  Other Vegetable Fibers Yarn’s highest import potential is N/A with an import gap of N/A.

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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 Other Vegetable 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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