HS Icon Light Synthetic Cotton Fabrics

5513 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.68B, Rnk 659 / 1225

Top Exporter (2018): $1.51B, China

Top Importer (2018): $657M, Vietnam

Product Complexity (2018): -0.65, Rnk 739 / 1018

Export Growth (CAGR)(2017 - 2018): 5.73%, Rnk 947 / 1225

Mean Tariff (2018): 14.7%, Rnk 212 / 1259

Share of World Trade (2018): 0.015%, Rnk 659 / 1225

Overview:  This page contains the latest trade data of Light Synthetic Cotton Fabrics. In 2018, Light Synthetic Cotton Fabrics were the world's 659th most traded product, with a total trade of $2.68B. Between 2017 and 2018 the exports of Light Synthetic Cotton Fabrics grew by 5.73%, from  $2.53B to $2.68B. Trade in Light Synthetic Cotton Fabrics represent 0.015% of total world trade.

Exports: In 2018 the top exporters of Light Synthetic Cotton Fabrics  were China ($1.51B), Pakistan ($239M), Thailand ($146M), Indonesia ($102M), and United States ($100M).

Imports: In 2018 the top importers of Light Synthetic Cotton Fabrics were Vietnam ($657M), Bangladesh ($210M), Indonesia ($88.2M), Mexico ($79.7M), and Burma ($66.5M).

Tariffs: In 2018 the average tariff for Light Synthetic Cotton Fabrics was 14.7%, been the 212 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Light Synthetic Cotton Fabrics are Iran (70%), Sudan (35%), Ethiopia (32.4%), Uzbekistan (28.7%), and Bahamas (26.8%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Light Synthetic Cotton Fabrics ranks 739th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.51B

Top Destination (2018): Vietnam, $657M

Light Synthetic Cotton Fabrics are the world's 659th most traded product.

In 2018, the top exporters of Light Synthetic Cotton Fabrics were China ($1.51B), Pakistan ($239M), Thailand ($146M), Indonesia ($102M), and United States ($100M).

In 2018, the top importers of Light Synthetic Cotton Fabrics were Vietnam ($657M), Bangladesh ($210M), Indonesia ($88.2M), Mexico ($79.7M), and Burma ($66.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $92.8M

Top Destination Growth (2017 - 2018): Vietnam, $66.7M

Between 2017 and 2018, the exports of Light Synthetic Cotton Fabrics grew the fastest in China ($92.8M), Thailand ($85.9M), United States ($42M), Japan ($10.8M), and Germany ($7.11M).

Between 2017 and 2018, the fastest growing importers of Light Synthetic Cotton Fabrics were Vietnam ($66.7M), Bangladesh ($48.3M), Honduras ($39.8M), Bhutan ($21M), and Saudi Arabia ($20.3M).

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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 Light Synthetic Cotton Fabrics.

In 2018,  market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Light Synthetic Cotton Fabrics are explained by 7 countries.

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TOP NET EXPORTER (2018): China, $1.47B

TOP NET IMPORTER (2018): Vietnam, $646M

This map shows which countries export or import more of Light Synthetic Cotton Fabrics. Each country is colored based on the difference in exports and imports of Light Synthetic Cotton Fabrics during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Light Synthetic Cotton Fabrics were China ($1.47B), Pakistan ($227M), Thailand ($136M), United States ($66.5M), and India ($37.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Light Synthetic Cotton Fabrics were Vietnam ($646M), Bangladesh ($209M), Mexico ($75.4M), Burma ($65M), and Honduras ($54.5M).

Trade Forecasts

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This section shows forecasts for total trade for Light Synthetic Cotton Fabrics. 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 Light Synthetic Cotton Fabrics was 14.7%.  The countries with the highest tariffs for importing Light Synthetic Cotton Fabrics were Iran (70%), Sudan (35%), Ethiopia (32.4%), Uzbekistan (28.7%), and Bahamas (26.8%).

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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.