HS Icon Jute Woven Fabric

5310 (Harmonized System 1992 for 4-digit)

World Trade (2018): $210M, Rnk 1133 / 1225

Top Exporter (2018): $83.9M, India

Top Importer (2018): $56.6M, India

Export Growth (CAGR)(2017 - 2018): 114%, Rnk 13 / 1225

Mean Tariff (2018): 10.8%, Rnk 380 / 1259

Share of World Trade (2018): 0.0011%, Rnk 1133 / 1225

Overview:  This page contains the latest trade data of Jute Woven Fabric. In 2018, Jute Woven Fabric were the world's 1133rd most traded product, with a total trade of $210M. Between 2017 and 2018 the exports of Jute Woven Fabric grew by 114%, from  $98.3M to $210M. Trade in Jute Woven Fabric represent 0.0011% of total world trade.

Exports: In 2018 the top exporters of Jute Woven Fabric  were India ($83.9M), Bangladesh ($72.4M), Nepal ($22M), China ($7.46M), and Germany ($3.14M).

Imports: In 2018 the top importers of Jute Woven Fabric were India ($56.6M), United States ($31.9M), Netherlands ($13.1M), Germany ($11M), and United Kingdom ($6.4M).

Tariffs: In 2018 the average tariff for Jute Woven Fabric was 10.8%, been the 380 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Jute Woven Fabric are Iran (35%), Uzbekistan (28.7%), Algeria (26.9%), Bahamas (26.8%), and Venezuela (25%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Lebanon (0%), and Sri Lanka (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): India, $83.9M

Top Destination (2018): India, $56.6M

Jute Woven Fabric are the world's 1133rd most traded product.

In 2018, the top exporters of Jute Woven Fabric were India ($83.9M), Bangladesh ($72.4M), Nepal ($22M), China ($7.46M), and Germany ($3.14M).

In 2018, the top importers of Jute Woven Fabric were India ($56.6M), United States ($31.9M), Netherlands ($13.1M), Germany ($11M), and United Kingdom ($6.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): India, $81.3M

Top Destination Growth (2017 - 2018): India, $20.8M

Between 2017 and 2018, the exports of Jute Woven Fabric grew the fastest in India ($81.3M), Nepal ($22M), Bangladesh ($7.08M), United Arab Emirates ($1.58M), and Spain ($982k).

Between 2017 and 2018, the fastest growing importers of Jute Woven Fabric were India ($20.8M), United States ($19.4M), Germany ($8.89M), Netherlands ($8.33M), and United Arab Emirates ($5.71M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Jute Woven Fabric.

In 2018,  market concentration measured using Shannon Entropy, was 2.45. This means that most of the exports of Jute Woven Fabric are explained by 5 countries.

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TOP NET EXPORTER (2018): Bangladesh, $72.4M

TOP NET IMPORTER (2018): United States, $30.4M

This map shows which countries export or import more of Jute Woven Fabric. Each country is colored based on the difference in exports and imports of Jute Woven Fabric during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Jute Woven Fabric were Bangladesh ($72.4M), India ($27.3M), Nepal ($22M), China ($2.38M), and Hong Kong ($2.26M).

In 2018, the countries that had a largest trade value in imports than in exports of Jute Woven Fabric were United States ($30.4M), Netherlands ($11.8M), Germany ($7.87M), United Kingdom ($5.63M), and Egypt ($5.11M).

Trade Forecasts

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This section shows forecasts for total trade for Jute Woven Fabric. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Jute Woven Fabric was 10.8%.  The countries with the highest tariffs for importing Jute Woven Fabric were Iran (35%), Uzbekistan (28.7%), Algeria (26.9%), Bahamas (26.8%), and Venezuela (25%).

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Product Complexity

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Diversification Frontier

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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.