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540120 (Harmonized System 1992 for 6-digit)

2023
World Trade $114MRnk 3994 / 4644
2023
Top Exporter | Top Importer $62.8M | $21.4MChina | Pakistan
2023
Product Complexity -0.75Rnk 3561 / 4656
2022 - 2023
Export Growth (CAGR) -2.96%Rnk 1854 / 4644
2023
Share of World Trade 0.0005%Rnk 3994 / 4644

About

Overview This page contains the latest trade data of Sewing thread of artificial filaments. In 2023, Sewing thread of artificial filaments were the world's 3994th most traded product, with a total trade of $114M. Between 2022 and 2023 the exports of Sewing thread of artificial filaments decreased by -2.96%, from $117M to $114M. Trade in Sewing thread of artificial filaments represent 0.0005% of total world trade.

Sewing thread of artificial filaments are a part of Artificial Filament Sewing Thread.

Exports In 2023 the top exporters of Sewing thread of artificial filaments  were China ($62.8M), Germany ($9.38M), Hong Kong ($7.64M), Italy ($4.77M), and Greece ($3.2M).

Imports In 2023 the top importers of Sewing thread of artificial filaments were Pakistan ($21.4M), Indonesia ($10.6M), Kyrgyzstan ($5.39M), Nigeria ($3.86M), and Saudi Arabia ($3.77M).

Ranking Sewing thread of artificial filaments ranks 3561st in the Product Complexity Index (PCI).

Description The common uses of artificial filaments are in the textile industry, in the manufacture of clothing, quilts, and carpets, and in sewing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sewing thread of artificial filaments. 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$62.8M
Top Destination (2023)Pakistan$21.4M

In 2023 Sewing thread of artificial filaments were the world's 3994th most traded product (out of 4,644).

In 2023, the top exporters of Sewing thread of artificial filaments were China ($62.8M), Germany ($9.38M), Hong Kong ($7.64M), Italy ($4.77M), and Greece ($3.2M).

In 2023, the top importers of Sewing thread of artificial filaments were Pakistan ($21.4M), Indonesia ($10.6M), Kyrgyzstan ($5.39M), Nigeria ($3.86M), and Saudi Arabia ($3.77M).

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Exporters of Sewing thread of artificial filaments (2023)
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Importers of Sewing thread of artificial filaments (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$4.4M
Top Destination Growth (2022 -  2023)Indonesia$4.89M

Between 2022 and 2023, the exports of Sewing thread of artificial filaments grew the fastest in Hong Kong ($4.4M), Greece ($3.01M), Turkey ($994k), Egypt ($300k), and Bulgaria ($231k).

Between 2022 and 2023, the fastest growing importers of Sewing thread of artificial filaments were Indonesia ($4.89M), Albania ($3.39M), Kyrgyzstan ($2.85M), Pakistan ($1.5M), and Lithuania ($1.23M).

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Exporters of Sewing thread of artificial filaments (2022 - 2023)

Importers of Sewing thread of artificial filaments (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sewing thread of artificial filaments.

In 2023, market concentration measured using Shannon Entropy, was 2.94. This means that most of the exports of Sewing thread of artificial filaments are explained by 7 countries.

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Value of Exports in Sewing thread of artificial filaments

Net Trade

TOP NET EXPORTER (2023)China$61.8M
TOP NET IMPORTER (2023)Pakistan$21.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of Sewing thread of artificial filaments were China ($61.8M), Germany ($8.06M), Hong Kong ($7.03M), Italy ($3.27M), and Greece ($2.89M).

In 2023, the countries that had a largest trade value in imports than in exports of Sewing thread of artificial filaments were Pakistan ($21.2M), Indonesia ($10.2M), Kyrgyzstan ($5.32M), Nigeria ($3.86M), and Saudi Arabia ($3.76M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Sewing thread of artificial filaments by percentage of total exports

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)

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