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551030 (Harmonized System 1992 for 6-digit)

2023
World Trade $51.5MRnk 4311 / 4644
2023
Top Exporter | Top Importer $15.6M | $10.9MIndia | Bangladesh
2023
Product Complexity -0.68Rnk 3463 / 4656
2022 - 2023
Export Growth (CAGR) -29.1%Rnk 4196 / 4644
2023
Share of World Trade 0.00023%Rnk 4311 / 4644

About

Overview This page contains the latest trade data of Yarn of artificial staple fibres & cotton, not retail. In 2023, Yarn of artificial staple fibres & cotton, not retail were the world's 4311th most traded product, with a total trade of $51.5M. Between 2022 and 2023 the exports of Yarn of artificial staple fibres & cotton, not retail decreased by -29.1%, from $72.6M to $51.5M. Trade in Yarn of artificial staple fibres & cotton, not retail represent 0.00023% of total world trade.

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

Exports In 2023 the top exporters of Yarn of artificial staple fibres & cotton, not retail  were India ($15.6M), China ($10M), Indonesia ($4.51M), Vietnam ($4.11M), and Turkey ($3.79M).

Imports In 2023 the top importers of Yarn of artificial staple fibres & cotton, not retail were Bangladesh ($10.9M), China ($4.13M), Turkey ($3.27M), Portugal ($2.95M), and South Korea ($2.67M).

Ranking Yarn of artificial staple fibres & cotton, not retail ranks 3463rd 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 (2023)India$15.6M
Top Destination (2023)Bangladesh$10.9M

In 2023 Yarn of artificial staple fibres & cotton, not retail were the world's 4311th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of artificial staple fibres & cotton, not retail were India ($15.6M), China ($10M), Indonesia ($4.51M), Vietnam ($4.11M), and Turkey ($3.79M).

In 2023, the top importers of Yarn of artificial staple fibres & cotton, not retail were Bangladesh ($10.9M), China ($4.13M), Turkey ($3.27M), Portugal ($2.95M), and South Korea ($2.67M).

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Exporters of Yarn of artificial staple fibres & cotton, not retail (2023)
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Importers of Yarn of artificial staple fibres & cotton, not retail (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$2.12M
Top Destination Growth (2022 -  2023)China$2.85M

Between 2022 and 2023, the exports of Yarn of artificial staple fibres & cotton, not retail grew the fastest in Vietnam ($2.12M), El Salvador ($634k), Bosnia and Herzegovina ($344k), South Korea ($197k), and Slovenia ($140k).

Between 2022 and 2023, the fastest growing importers of Yarn of artificial staple fibres & cotton, not retail were China ($2.85M), Pakistan ($1.04M), Morocco ($824k), Honduras ($634k), and Austria ($401k).

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Exporters of Yarn of artificial staple fibres & cotton, not retail (2022 - 2023)

Importers of Yarn of artificial staple fibres & cotton, not retail (2022 - 2023)

Market Concentration

Value

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

In 2023, 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 (2023)India$15.5M
TOP NET IMPORTER (2023)Bangladesh$10.9M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of artificial staple fibres & cotton, not retail were India ($15.5M), China ($5.88M), Indonesia ($4.49M), Vietnam ($3.34M), and Spain ($1.36M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of artificial staple fibres & cotton, not retail were Bangladesh ($10.9M), Portugal ($2.43M), Japan ($2.35M), South Korea ($1.96M), and United States ($1.85M).

Net Trade (2023)

Country Comparison

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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 (2023)

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