HS Icon Artificial Filament Yarn Woven Fabric

5408 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $1.41B, Rnk 829 / 1217

2019
Top Exporter | Top Importer
: $389M | $92.7M, China | China

2019
Product Complexity
: 0.47, Rnk 356 / 961

2018 - 2019
Export Growth (CAGR)
: -10.1%, Rnk 969 / 1217

2018
Mean Tariff
: 15%, Rnk 199 / 1259

 2019
Share of World Trade
: 0.0078%, Rnk 829 / 1217

Overview:  This page contains the latest trade data of Artificial Filament Yarn Woven Fabric. In 2019, Artificial Filament Yarn Woven Fabric were the world's 829th most traded product, with a total trade of $1.41B. Between 2018 and 2019 the exports of Artificial Filament Yarn Woven Fabric decreased by -10.1%, from  $1.56B to $1.41B. Trade in Artificial Filament Yarn Woven Fabric represent 0.0078% of total world trade.

Exports: In 2019 the top exporters of Artificial Filament Yarn Woven Fabric  were China ($389M), Italy ($269M), Japan ($179M), Turkey ($81.5M), and South Korea ($80.6M).

Imports: In 2019 the top importers of Artificial Filament Yarn Woven Fabric were China ($92.7M), Italy ($88.5M), Morocco ($65.9M), Vietnam ($62.9M), and Spain ($61.5M).

Tariffs: In 2018 the average tariff for Artificial Filament Yarn Woven Fabric was 15%, making it the 199th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Artificial Filament Yarn Woven Fabric are Iran (70%), Sudan (35%), Ethiopia (34.7%), 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: Artificial Filament Yarn Woven Fabric ranks 356th in the Product Complexity Index (PCI).

Description: Woven fabrics of artificial filament yarn are typically used in clothing, bedding, and upholstery.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $389M

Top Destination (2019): China, $92.7M

Artificial Filament Yarn Woven Fabric are the world's 829th most traded product.

In 2019, the top exporters of Artificial Filament Yarn Woven Fabric were China ($389M), Italy ($269M), Japan ($179M), Turkey ($81.5M), and South Korea ($80.6M).

In 2019, the top importers of Artificial Filament Yarn Woven Fabric were China ($92.7M), Italy ($88.5M), Morocco ($65.9M), Vietnam ($62.9M), and Spain ($61.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Spain, $2.9M

Top Destination Growth (2018 - 2019): Yemen, $12.7M

Between 2018 and 2019, the exports of Artificial Filament Yarn Woven Fabric grew the fastest in Spain ($2.9M), Russia ($1.88M), Indonesia ($1.63M), Belarus ($1.62M), and Ghana ($1.04M).

Between 2018 and 2019, the fastest growing importers of Artificial Filament Yarn Woven Fabric were Yemen ($12.7M), Myanmar ($7.96M), Belarus ($4.7M), Bangladesh ($4.61M), and Saudi Arabia ($3.71M).

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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 Artificial Filament Yarn Woven Fabric.

In 2019,  market concentration measured using Shannon Entropy, was 3.61. This means that most of the exports of Artificial Filament Yarn Woven Fabric are explained by 12 countries.

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TOP NET EXPORTER (2019): China, $296M

TOP NET IMPORTER (2019): Morocco, $63.8M

This map shows which countries export or import more of Artificial Filament Yarn Woven Fabric. Each country is colored based on the difference in exports and imports of Artificial Filament Yarn Woven Fabric during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Artificial Filament Yarn Woven Fabric were China ($296M), Italy ($181M), Japan ($169M), South Korea ($68.9M), and Turkey ($44.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Artificial Filament Yarn Woven Fabric were Morocco ($63.8M), Vietnam ($61M), Romania ($50M), Bangladesh ($48.6M), and Hong Kong ($42.3M).

Disaggregation

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Value

In 2019, the world most traded Artificial Filament Yarn Woven Fabric, disaggragated by their HS6 level were Woven fabric >85% artificial filament/strip, dyed,... ($401M), Woven fabric of artificial filament, dyed,... ($331M), Woven fabric >85% artif filament/strip, printed,... ($166M), Woven fabric of artificial filament, printed,... ($142M), and Woven fabric >85% artif filament/strip, unbl/blchd... ($102M)

Import Tariffs

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In 2018, the average tariff for importing Artificial Filament Yarn Woven Fabric was 15%.  The countries with the highest tariffs for importing Artificial Filament Yarn Woven Fabric were Iran (70%), Sudan (35%), Ethiopia (34.7%), 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.