Synthetic Filament Tow5501 (Harmonized System 1992 for 4-digit)
2020 World Trade: $999M, Rnk 893 / 1217
2020 Top Exporter | Top Importer: $293M | $107M, Japan | United States
2020 Product Complexity: -0.26, Rnk 632 / 1028
2019 - 2020 Export Growth (CAGR): -19.4%, Rnk 1008 / 1217
2018 Mean Tariff: 4.14%, Rnk 979 / 1259
2020 Share of World Trade: 0.006%, Rnk 893 / 1217
Overview This page contains the latest trade data of Synthetic Filament Tow. In 2020, Synthetic Filament Tow were the world's 893rd most traded product, with a total trade of $999M. Between 2019 and 2020 the exports of Synthetic Filament Tow decreased by -19.4%, from $1.24B to $999M. Trade in Synthetic Filament Tow represent 0.006% of total world trade.
Synthetic Filament Tow are a part of Man-made staple fibres. They include Filament tow of acrylic or modacrylic, Filament tow of nylon, polyamides, Filament tow of polyesters, and Synthetic filament tow, nes.
Exports In 2020 the top exporters of Synthetic Filament Tow were Japan ($293M), Germany ($95.2M), South Korea ($79.4M), Thailand ($68.7M), and Turkey ($67.4M).
Imports In 2020 the top importers of Synthetic Filament Tow were United States ($107M), Turkey ($71.5M), Nigeria ($69M), Indonesia ($66.5M), and China ($62M).
Tariffs In 2018 the average tariff for Synthetic Filament Tow was 4.14%, making it the 979th lowest tariff using the HS4 product classification.
Ranking Synthetic Filament Tow ranks 632nd in the Product Complexity Index (PCI).
Description The common uses of synthetic filament tow include the production of carpets, insulation, textiles, and clothing.
The following visualization shows the latest trends on Synthetic Filament Tow. 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): Japan, $293M
Top Destination (2020): United States, $107M
Synthetic Filament Tow are the world's 893rd most traded product.
In 2020, the top exporters of Synthetic Filament Tow were Japan ($293M), Germany ($95.2M), South Korea ($79.4M), Thailand ($68.7M), and Turkey ($67.4M).
In 2020, the top importers of Synthetic Filament Tow were United States ($107M), Turkey ($71.5M), Nigeria ($69M), Indonesia ($66.5M), and China ($62M).
Trade by country
Top Origin Growth (2019 - 2020): Brazil, $7.32M
Top Destination Growth (2019 - 2020): Hungary, $7.85M
Between 2019 and 2020, the exports of Synthetic Filament Tow grew the fastest in Brazil ($7.32M), Mexico ($6.07M), Turkey ($4.15M), Latvia ($848k), and United Kingdom ($705k).
Between 2019 and 2020, the fastest growing importers of Synthetic Filament Tow were Hungary ($7.85M), Egypt ($6.98M), Cote d'Ivoire ($4.24M), Thailand ($3.85M), and Ghana ($2.89M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Synthetic Filament Tow.
In 2020, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Synthetic Filament Tow are explained by 13 countries.
This map shows which countries export or import more of Synthetic Filament Tow. Each country is colored based on the difference in exports and imports of Synthetic Filament Tow during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Synthetic Filament Tow were Japan ($236M), South Korea ($78.4M), Germany ($75.1M), Thailand ($57.4M), and Portugal ($52.3M).
In 2020, the countries that had a largest trade value in imports than in exports of Synthetic Filament Tow were Nigeria ($69M), Indonesia ($65.7M), United States ($56.6M), Bangladesh ($35.5M), and Kenya ($35.2M).
In 2020, the world most traded Synthetic Filament Tow, disaggragated by their HS6 level were Filament tow of acrylic or modacrylic ($731M), Synthetic filament tow, nes ($113M), Filament tow of nylon, polyamides ($86.3M), and Filament tow of polyesters ($68.6M)
This visualization shows the countries that have an important ratio of their trade related to Synthetic Filament Tow. It is possible to select the main countries that export or import Synthetic Filament Tow 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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