Artificial Monofilament5405 (Harmonized System 1992 for 4-digit)
2019 World Trade: $17.6M, Rnk 1209 / 1217
2019 Top Exporter | Top Importer: $3.92M | $3.75M, Japan | Saudi Arabia
2018 - 2019 Export Growth (CAGR): -10.6%, Rnk 987 / 1217
2018 Mean Tariff: 5.56%, Rnk 742 / 1259
2019 Share of World Trade: <0.01%, Rnk 1209 / 1217
Overview: This page contains the latest trade data of Artificial Monofilament. In 2019, Artificial Monofilament were the world's 1209th most traded product, with a total trade of $17.6M. Between 2018 and 2019 the exports of Artificial Monofilament decreased by -10.6%, from $19.7M to $17.6M. Trade in Artificial Monofilament represent 0.000097% of total world trade.
Exports: In 2019 the top exporters of Artificial Monofilament were Japan ($3.92M), China ($3.74M), Singapore ($2.22M), Italy ($916k), and Turkey ($775k).
Imports: In 2019 the top importers of Artificial Monofilament were Saudi Arabia ($3.75M), United States ($3.03M), China ($1.09M), United Arab Emirates ($915k), and Spain ($863k).
Tariffs: In 2018 the average tariff for Artificial Monofilament was 5.56%, making it the 742nd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Artificial Monofilament are Bangladesh (24.5%), Bahamas (24.5%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Lebanon (0%).
Trade By Country
Top Origin (2019): Japan, $3.92M
Top Destination (2019): Saudi Arabia, $3.75M
Artificial Monofilament are the world's 1209th most traded product.
In 2019, the top exporters of Artificial Monofilament were Japan ($3.92M), China ($3.74M), Singapore ($2.22M), Italy ($916k), and Turkey ($775k).
In 2019, the top importers of Artificial Monofilament were Saudi Arabia ($3.75M), United States ($3.03M), China ($1.09M), United Arab Emirates ($915k), and Spain ($863k).
Trade by country
Top Origin Growth (2018 - 2019): Turkey, $685k
Top Destination Growth (2018 - 2019): United Arab Emirates, $711k
Between 2018 and 2019, the exports of Artificial Monofilament grew the fastest in Turkey ($685k), Chinese Taipei ($245k), United Kingdom ($238k), India ($164k), and Singapore ($161k).
Between 2018 and 2019, the fastest growing importers of Artificial Monofilament were United Arab Emirates ($711k), Iran ($467k), Germany ($362k), Netherlands ($346k), and China ($237k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Artificial Monofilament.
In 2019, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Artificial Monofilament are explained by 13 countries.
TOP NET EXPORTER (2019): Japan, $3.73M
TOP NET IMPORTER (2019): Saudi Arabia, $3.73M
This map shows which countries export or import more of Artificial Monofilament. Each country is colored based on the difference in exports and imports of Artificial Monofilament during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Artificial Monofilament were Japan ($3.73M), China ($2.65M), Singapore ($2.17M), Turkey ($741k), and South Korea ($676k).
In 2019, the countries that had a largest trade value in imports than in exports of Artificial Monofilament were Saudi Arabia ($3.73M), United States ($2.47M), United Arab Emirates ($794k), Spain ($749k), and Malaysia ($719k).
In 2019, the world most traded Artificial Monofilament, disaggragated by their HS6 level were Artif monofilament >67dtex t<1mm, strip, straws... ($17.6M)
In 2018, the average tariff for importing Artificial Monofilament was 5.56%. The countries with the highest tariffs for importing Artificial Monofilament were Bangladesh (24.5%), Bahamas (24.5%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%).
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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