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550810 (Harmonized System 1992 for 6-digit)

2022
World Trade $720MRnk 2548 / 4648
2022
Top Exporter | Top Importer $447M | $52.6MChina | Turkey
2022
Product Complexity -1.25Rnk 4067 / 4653
2021 - 2022
Export Growth (CAGR) 1.13%Rnk 2796 / 4648
2022
Share of World Trade 0.003%Rnk 2548 / 4648

About

Overview This page contains the latest trade data of Sewing thread of synthetic staple fibres. In 2022, Sewing thread of synthetic staple fibres were the world's 2548th most traded product, with a total trade of $720M. Between 2021 and 2022 the exports of Sewing thread of synthetic staple fibres grew by 1.13%, from $712M to $720M. Trade in Sewing thread of synthetic staple fibres represent 0.003% of total world trade.

Sewing thread of synthetic staple fibres are a part of Non-Retail Artificial Staple Fibers Sewing Thread.

Exports In 2022 the top exporters of Sewing thread of synthetic staple fibres  were China ($447M), Egypt ($38.9M), Turkey ($18.7M), United States ($16M), and Hong Kong ($15.4M).

Imports In 2022 the top importers of Sewing thread of synthetic staple fibres were Turkey ($52.6M), Vietnam ($45.3M), Cambodia ($44.3M), Bangladesh ($34.6M), and Russia ($30.5M).

Ranking Sewing thread of synthetic staple fibres ranks 4067th in the Product Complexity Index (PCI).

Description Synthetic staple fibres are most often used for sewing. They are great for clothing, braids, and hair. They are also often used for sweaters and socks.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Sewing thread of synthetic staple fibres. 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 (2022)China$447M
Top Destination (2022)Turkey$52.6M

In 2022 Sewing thread of synthetic staple fibres were the world's 2548th most traded product (out of 4,648).

In 2022, the top exporters of Sewing thread of synthetic staple fibres were China ($447M), Egypt ($38.9M), Turkey ($18.7M), United States ($16M), and Hong Kong ($15.4M).

In 2022, the top importers of Sewing thread of synthetic staple fibres were Turkey ($52.6M), Vietnam ($45.3M), Cambodia ($44.3M), Bangladesh ($34.6M), and Russia ($30.5M).

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Exporters of Sewing thread of synthetic staple fibres (2022)
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Importers of Sewing thread of synthetic staple fibres (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$32.7M
Top Destination Growth (2021 -  2022)Cambodia$10.9M

Between 2021 and 2022, the exports of Sewing thread of synthetic staple fibres grew the fastest in China ($32.7M), Turkey ($5.08M), Egypt ($3.52M), Oman ($1.46M), and Netherlands ($918k).

Between 2021 and 2022, the fastest growing importers of Sewing thread of synthetic staple fibres were Cambodia ($10.9M), Turkey ($9.81M), Iran ($5.11M), Nigeria ($4.9M), and Burma ($3.88M).

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Exporters of Sewing thread of synthetic staple fibres (2021 - 2022)

Importers of Sewing thread of synthetic staple fibres (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sewing thread of synthetic staple fibres.

In 2022, market concentration measured using Shannon Entropy, was 2.82. This means that most of the exports of Sewing thread of synthetic staple fibres are explained by 7 countries.

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Value of Exports in Sewing thread of synthetic staple fibres

Net Trade

TOP NET EXPORTER (2022)China$444M
TOP NET IMPORTER (2022)Cambodia$43.3M

This map shows which countries export or import more of Sewing thread of synthetic staple fibres. Each country is colored based on the difference in exports and imports of Sewing thread of synthetic staple fibres during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sewing thread of synthetic staple fibres were China ($444M), Egypt ($25.6M), Netherlands ($7.08M), South Korea ($7.03M), and Sri Lanka ($6.08M).

In 2022, the countries that had a largest trade value in imports than in exports of Sewing thread of synthetic staple fibres were Cambodia ($43.3M), Vietnam ($34.8M), Turkey ($33.8M), Bangladesh ($33.5M), and Russia ($30.1M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Sewing thread of synthetic staple fibres 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 (2022)

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