HS Icon Textured yarn nes, nylon, polyamide >50dtex not retai

540232 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.01B, Rnk 2011 / 4726

Top Exporter (2018): $315M, Italy

Top Importer (2018): $113M, United Kingdom

Product Complexity (2018): 0.74, Rnk 1227 / 4873

Export Growth (CAGR)(2017 - 2018): 5.79%, Rnk 3243 / 4726

Mean Tariff (2018): 6.74%, Rnk 3310 / 6538

Share of World Trade (2018): 0.0055%, Rnk 2011 / 4726

Overview: In 2018, Textured yarn nes, nylon, polyamide >50dtex not retai were the world's 2011th most traded product, with a total trade of $1.01B. Between 2017 and 2018 the exports of Textured yarn nes, nylon, polyamide >50dtex not retai grew by 5.79%, from  $957M to $1.01B. Trade in Textured yarn nes, nylon, polyamide >50dtex not retai represent 0.0055% of total world trade.

Exports: In 2018 the top exporters of Textured yarn nes, nylon, polyamide >50dtex not retai  were Italy ($315M), United States ($149M), Slovenia ($79.9M), Canada ($73.7M), and China ($69.7M).

Imports: In 2018 the top importers of Textured yarn nes, nylon, polyamide >50dtex not retai were United Kingdom ($113M), Netherlands ($101M), Belgium-Luxembourg ($85M), Germany ($82.1M), and United States ($78.8M).

Tariffs: In 2018 the average tariff for Textured yarn nes, nylon, polyamide >50dtex not retai was 6.74%, been the 3310 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Textured yarn nes, nylon, polyamide >50dtex not retai are Bahamas (40.2%), Iran (40%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Lebanon (0%).

Ranking: Textured yarn nes, nylon, polyamide >50dtex not retai ranks 1227th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $315M

Top Destination (2018): United Kingdom, $113M

Textured yarn nes, nylon, polyamide >50dtex not retai are the world's 2011th most traded product.

In 2018, the top exporters of Textured yarn nes, nylon, polyamide >50dtex not retai were Italy ($315M), United States ($149M), Slovenia ($79.9M), Canada ($73.7M), and China ($69.7M).

In 2018, the top importers of Textured yarn nes, nylon, polyamide >50dtex not retai were United Kingdom ($113M), Netherlands ($101M), Belgium-Luxembourg ($85M), Germany ($82.1M), and United States ($78.8M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Slovenia, $62.1M

Top Destination Growth (2017 - 2018): Japan, $20.2M

Between 2017 and 2018, the exports of Textured yarn nes, nylon, polyamide >50dtex not retai grew the fastest in Slovenia ($62.1M), Germany ($17.6M), Chinese Taipei ($13.7M), United Kingdom ($13M), and France ($12.3M).

Between 2017 and 2018, the fastest growing importers of Textured yarn nes, nylon, polyamide >50dtex not retai were Japan ($20.2M), United States ($19.3M), Denmark ($13M), Thailand ($11.1M), and Austria ($7.95M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Textured yarn nes, nylon, polyamide >50dtex not retai.

In 2018,  market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Textured yarn nes, nylon, polyamide >50dtex not retai are explained by 11 countries.

TOP NET EXPORTER (2018): Italy, $289M

TOP NET IMPORTER (2018): Netherlands, $93.7M

This map shows which countries export or import more of Textured yarn nes, nylon, polyamide >50dtex not retai. Each country is colored based on the difference in exports and imports of Textured yarn nes, nylon, polyamide >50dtex not retai during 2018.

In 2018, the countries that had a largest trade value in exports than imports of Textured yarn nes, nylon, polyamide >50dtex not retai were Italy ($289M), United States ($70.2M), Canada ($57.8M), Slovenia ($50.3M), and Chinese Taipei ($35.9M).

In 2018, the countries that had a largest trade value in imports than exports of Textured yarn nes, nylon, polyamide >50dtex not retai were Netherlands ($93.7M), United Kingdom ($80.4M), Australia ($69M), Japan ($66.5M), and Germany ($38M).

Trade Forecasts

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This section shows forecasts for total trade for Textured yarn nes, nylon, polyamide >50dtex not retai. 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 Textured yarn nes, nylon, polyamide >50dtex not retai was 6.74%.  The countries with the highest tariffs for importing Textured yarn nes, nylon, polyamide >50dtex not retai were Bahamas (40.2%), Iran (40%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%).

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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.