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551030 (Harmonized System 1992 for 6-digit)

2022
World Trade $71MRnk 4249 / 4648
2022
Top Exporter | Top Importer $18.6M | $14.5MIndia | Bangladesh
2022
Product Complexity -0.63Rnk 3389 / 4653
2021 - 2022
Export Growth (CAGR) -18.6%Rnk 4289 / 4648
2022
Share of World Trade 0.0003%Rnk 4249 / 4648

About

Overview This page contains the latest trade data of Yarn of artificial staple fibres & cotton, not retail. In 2022, Yarn of artificial staple fibres & cotton, not retail were the world's 4249th most traded product, with a total trade of $71M. Between 2021 and 2022 the exports of Yarn of artificial staple fibres & cotton, not retail decreased by -18.6%, from $87.2M to $71M. Trade in Yarn of artificial staple fibres & cotton, not retail represent 0.0003% of total world trade.

Yarn of artificial staple fibres & cotton, not retail are a part of Non-Retail Artificial Staple Fibers Yarn.

Exports In 2022 the top exporters of Yarn of artificial staple fibres & cotton, not retail  were India ($18.6M), China ($13.9M), Turkey ($9.95M), Indonesia ($6.9M), and Pakistan ($3.55M).

Imports In 2022 the top importers of Yarn of artificial staple fibres & cotton, not retail were Bangladesh ($14.5M), Italy ($5.8M), South Korea ($5.54M), Portugal ($5.3M), and United States ($5.13M).

Ranking Yarn of artificial staple fibres & cotton, not retail ranks 3389th in the Product Complexity Index (PCI).

Description Artificial staple fibres such as acrylic, polyester, and polypropylene are usually cheaper than cotton and are less absorbent than cotton. Fibres are used for sweaters, hats, and other garments.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of artificial staple fibres & cotton, not retail. 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)India$18.6M
Top Destination (2022)Bangladesh$14.5M

In 2022 Yarn of artificial staple fibres & cotton, not retail were the world's 4249th most traded product (out of 4,648).

In 2022, the top exporters of Yarn of artificial staple fibres & cotton, not retail were India ($18.6M), China ($13.9M), Turkey ($9.95M), Indonesia ($6.9M), and Pakistan ($3.55M).

In 2022, the top importers of Yarn of artificial staple fibres & cotton, not retail were Bangladesh ($14.5M), Italy ($5.8M), South Korea ($5.54M), Portugal ($5.3M), and United States ($5.13M).

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Exporters of Yarn of artificial staple fibres & cotton, not retail (2022)
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Importers of Yarn of artificial staple fibres & cotton, not retail (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$1.26M
Top Destination Growth (2021 -  2022)Portugal$1.98M

Between 2021 and 2022, the exports of Yarn of artificial staple fibres & cotton, not retail grew the fastest in Japan ($1.26M), Pakistan ($1.01M), India ($770k), Malaysia ($555k), and Spain ($328k).

Between 2021 and 2022, the fastest growing importers of Yarn of artificial staple fibres & cotton, not retail were Portugal ($1.98M), South Korea ($1.66M), Malaysia ($1.35M), Italy ($1.19M), and Spain ($1.06M).

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Exporters of Yarn of artificial staple fibres & cotton, not retail (2021 - 2022)

Importers of Yarn of artificial staple fibres & cotton, not retail (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of artificial staple fibres & cotton, not retail.

In 2022, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Yarn of artificial staple fibres & cotton, not retail are explained by 10 countries.

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Value of Exports in Yarn of artificial staple fibres & cotton, not retail

Net Trade

TOP NET EXPORTER (2022)India$18.4M
TOP NET IMPORTER (2022)South Korea$4.98M

This map shows which countries export or import more of Yarn of artificial staple fibres & cotton, not retail. Each country is colored based on the difference in exports and imports of Yarn of artificial staple fibres & cotton, not retail during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Yarn of artificial staple fibres & cotton, not retail were India ($18.4M), China ($12.2M), Indonesia ($6.78M), Turkey ($5.37M), and Pakistan ($3.55M).

In 2022, the countries that had a largest trade value in imports than in exports of Yarn of artificial staple fibres & cotton, not retail were South Korea ($4.98M), Italy ($4.65M), Portugal ($4.5M), United States ($4.33M), and Greece ($2.19M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Yarn of artificial staple fibres & cotton, not retail.
It is possible to select the main countries that export or import Yarn of artificial staple fibres & cotton, not retail in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of artificial staple fibres & cotton, not retail 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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