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551090 (Harmonized System 1992 for 6-digit)

2022
World Trade $332MRnk 3312 / 4648
2022
Top Exporter | Top Importer $215M | $87.6MChina | Bangladesh
2022
Product Complexity -0.24Rnk 2860 / 4653
2021 - 2022
Export Growth (CAGR) 9.88%Rnk 1615 / 4648
2022
Share of World Trade 0.0014%Rnk 3312 / 4648

About

Overview This page contains the latest trade data of Yarn of artificial staple fibres, not retail, nes. In 2022, Yarn of artificial staple fibres, not retail, nes were the world's 3312th most traded product, with a total trade of $332M. Between 2021 and 2022 the exports of Yarn of artificial staple fibres, not retail, nes grew by 9.88%, from $302M to $332M. Trade in Yarn of artificial staple fibres, not retail, nes represent 0.0014% of total world trade.

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

Exports In 2022 the top exporters of Yarn of artificial staple fibres, not retail, nes  were China ($215M), Italy ($17.5M), Turkey ($15.1M), Bulgaria ($14.5M), and Germany ($9.45M).

Imports In 2022 the top importers of Yarn of artificial staple fibres, not retail, nes were Bangladesh ($87.6M), Italy ($44.8M), Egypt ($28.7M), Cambodia ($11.1M), and Vietnam ($10.9M).

Ranking Yarn of artificial staple fibres, not retail, nes ranks 2860th in the Product Complexity Index (PCI).

Description It can be used in the production of carpets, curtains, clothing, and other consumer products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of artificial staple fibres, not retail, nes. 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$215M
Top Destination (2022)Bangladesh$87.6M

In 2022 Yarn of artificial staple fibres, not retail, nes were the world's 3312th most traded product (out of 4,648).

In 2022, the top exporters of Yarn of artificial staple fibres, not retail, nes were China ($215M), Italy ($17.5M), Turkey ($15.1M), Bulgaria ($14.5M), and Germany ($9.45M).

In 2022, the top importers of Yarn of artificial staple fibres, not retail, nes were Bangladesh ($87.6M), Italy ($44.8M), Egypt ($28.7M), Cambodia ($11.1M), and Vietnam ($10.9M).

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

Color
Top Origin Growth (2021 -  2022)China$20.7M
Top Destination Growth (2021 -  2022)Egypt$9.43M

Between 2021 and 2022, the exports of Yarn of artificial staple fibres, not retail, nes grew the fastest in China ($20.7M), Turkey ($6.93M), Bosnia and Herzegovina ($5.37M), Germany ($4.09M), and Pakistan ($2.46M).

Between 2021 and 2022, the fastest growing importers of Yarn of artificial staple fibres, not retail, nes were Egypt ($9.43M), Italy ($6.21M), India ($5.17M), Argentina ($4.43M), and Mexico ($3.91M).

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.4. This means that most of the exports of Yarn of artificial staple fibres, not retail, nes are explained by 5 countries.

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Value of Exports in Yarn of artificial staple fibres, not retail, nes

Net Trade

TOP NET EXPORTER (2022)China$211M
TOP NET IMPORTER (2022)Egypt$28.5M

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

In 2022, the countries that had a largest trade value in exports than in imports of Yarn of artificial staple fibres, not retail, nes were China ($211M), Bulgaria ($13M), Slovenia ($7.86M), Bosnia and Herzegovina ($7.63M), and Indonesia ($4.36M).

In 2022, the countries that had a largest trade value in imports than in exports of Yarn of artificial staple fibres, not retail, nes were Egypt ($28.5M), Italy ($27.4M), South Korea ($9.31M), Vietnam ($8.1M), and Mexico ($6.35M).

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, not retail, nes.
It is possible to select the main countries that export or import Yarn of artificial staple fibres, not retail, nes in the world, or by continent, as well as select the measure of interest.

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