Artificial Filament Sewing Thread5401 (Harmonized System 1992 for 4-digit)
World Trade (2018): $1.25B, Rnk 854 / 1225
Top Exporter (2018): $389M, China
Top Importer (2018): $86.5M, Mexico
Product Complexity (2018): -0.2, Rnk 611 / 1018
Export Growth (CAGR)(2017 - 2018): 8.22%, Rnk 859 / 1225
Mean Tariff (2018): 6.78%, Rnk 630 / 1259
Share of World Trade (2018): 0.0068%, Rnk 854 / 1225
Overview: This page contains the latest trade data of Artificial Filament Sewing Thread. In 2018, Artificial Filament Sewing Thread were the world's 854th most traded product, with a total trade of $1.25B. Between 2017 and 2018 the exports of Artificial Filament Sewing Thread grew by 8.22%, from $1.16B to $1.25B. Trade in Artificial Filament Sewing Thread represent 0.0068% of total world trade.
Exports: In 2018 the top exporters of Artificial Filament Sewing Thread were China ($389M), Germany ($202M), United States ($109M), United Kingdom ($41.5M), and Romania ($38.4M).
Imports: In 2018 the top importers of Artificial Filament Sewing Thread were Mexico ($86.5M), Germany ($75.5M), Vietnam ($65.1M), United States ($50.8M), and Pakistan ($46.9M).
Tariffs: In 2018 the average tariff for Artificial Filament Sewing Thread was 6.78%, been the 630 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Artificial Filament Sewing Thread are Tanzania (23.6%), Rwanda (23.5%), Uganda (23.5%), Kenya (23.4%), and Sudan (21.9%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritius (0%), Zambia (0%), and Hong Kong (0%).
Ranking: Artificial Filament Sewing Thread ranks 611th in the Product Complexity Index (PCI).
Trade By Country
Artificial Filament Sewing Thread are the world's 854th most traded product.
In 2018, the top exporters of Artificial Filament Sewing Thread were China ($389M), Germany ($202M), United States ($109M), United Kingdom ($41.5M), and Romania ($38.4M).
In 2018, the top importers of Artificial Filament Sewing Thread were Mexico ($86.5M), Germany ($75.5M), Vietnam ($65.1M), United States ($50.8M), and Pakistan ($46.9M).
Trade by country
Top Origin Growth (2017 - 2018): China, $35.5M
Top Destination Growth (2017 - 2018): Pakistan, $26.1M
Between 2017 and 2018, the exports of Artificial Filament Sewing Thread grew the fastest in China ($35.5M), Germany ($20.7M), Hungary ($14.6M), Thailand ($10M), and Romania ($9.25M).
Between 2017 and 2018, the fastest growing importers of Artificial Filament Sewing Thread were Pakistan ($26.1M), United States ($12.2M), Cambodia ($8.19M), Honduras ($7.32M), and Hong Kong ($6.76M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Artificial Filament Sewing Thread.
In 2018, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Artificial Filament Sewing Thread are explained by 15 countries.
This map shows which countries export or import more of Artificial Filament Sewing Thread. Each country is colored based on the difference in exports and imports of Artificial Filament Sewing Thread during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Artificial Filament Sewing Thread were China ($352M), Germany ($127M), United States ($58.4M), Japan ($22.5M), and United Kingdom ($21.2M).
In 2018, the countries that had a largest trade value in imports than in exports of Artificial Filament Sewing Thread were Mexico ($72.2M), Vietnam ($58.5M), Pakistan ($46.6M), Cambodia ($29.4M), and Poland ($24.8M).
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.
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