HS Icon Hi-ten yarn not sewing, viscose rayon, not retail

540310 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Hi-ten yarn not sewing, viscose rayon, not retail. In 2019, Hi-ten yarn not sewing, viscose rayon, not retail were the world's 3742nd most traded product, with a total trade of $176M. Between 2018 and 2019 the exports of Hi-ten yarn not sewing, viscose rayon, not retail decreased by -42.6%, from $306M to $176M. Trade in Hi-ten yarn not sewing, viscose rayon, not retail represent 0.00097% of total world trade.

Exports: In 2019 the top exporters of Hi-ten yarn not sewing, viscose rayon, not retail  were Germany ($69.2M), Czechia ($50.2M), Poland ($15.1M), India ($14.4M), and China ($5.43M).

Imports: In 2019 the top importers of Hi-ten yarn not sewing, viscose rayon, not retail were Italy ($37.6M), Poland ($32.3M), Czechia ($19.8M), Luxembourg ($15.3M), and Germany ($14.5M).

Tariffs: In 2018 the average tariff for Hi-ten yarn not sewing, viscose rayon, not retail was 4.82%, making it the 4285th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Hi-ten yarn not sewing, viscose rayon, not retail are Bahamas (40.2%), Ethiopia (19.8%), Argentina (17.4%), and Brazil (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Lebanon (0%).

Ranking: Hi-ten yarn not sewing, viscose rayon, not retail ranks 2561st in the Product Complexity Index (PCI).

Description: Hi-ten yarn is used in the fashion industry to produce clothes, not for sewing. Viscose rayon is used in clothing, textiles, and other industries, not retail.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $69.2M

Top Destination (2019): Italy, $37.6M

Hi-ten yarn not sewing, viscose rayon, not retail are the world's 3742nd most traded product.

In 2019, the top exporters of Hi-ten yarn not sewing, viscose rayon, not retail were Germany ($69.2M), Czechia ($50.2M), Poland ($15.1M), India ($14.4M), and China ($5.43M).

In 2019, the top importers of Hi-ten yarn not sewing, viscose rayon, not retail were Italy ($37.6M), Poland ($32.3M), Czechia ($19.8M), Luxembourg ($15.3M), and Germany ($14.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Slovenia, $892k

Top Destination Growth (2018 - 2019): Lithuania, $394k

Between 2018 and 2019, the exports of Hi-ten yarn not sewing, viscose rayon, not retail grew the fastest in Slovenia ($892k), Egypt ($800k), Thailand ($534k), France ($135k), and Sri Lanka ($118k).

Between 2018 and 2019, the fastest growing importers of Hi-ten yarn not sewing, viscose rayon, not retail were Lithuania ($394k), Tunisia ($335k), Belarus ($253k), Thailand ($190k), and Madagascar ($177k).

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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 Hi-ten yarn not sewing, viscose rayon, not retail.

In 2019,  market concentration measured using Shannon Entropy, was 2.64. This means that most of the exports of Hi-ten yarn not sewing, viscose rayon, not retail are explained by 6 countries.

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TOP NET EXPORTER (2019): Germany, $54.7M

TOP NET IMPORTER (2019): Italy, $36M

This map shows which countries export or import more of Hi-ten yarn not sewing, viscose rayon, not retail. Each country is colored based on the difference in exports and imports of Hi-ten yarn not sewing, viscose rayon, not retail during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Hi-ten yarn not sewing, viscose rayon, not retail were Germany ($54.7M), Czechia ($30.3M), India ($14.2M), China ($5.21M), and Indonesia ($3.66M).

In 2019, the countries that had a largest trade value in imports than in exports of Hi-ten yarn not sewing, viscose rayon, not retail were Italy ($36M), Poland ($17.1M), Luxembourg ($14M), Japan ($8.81M), and Egypt ($8.44M).

Import Tariffs

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In 2018, the average tariff for importing Hi-ten yarn not sewing, viscose rayon, not retail was 4.82%. The countries with the highest tariffs for importing Hi-ten yarn not sewing, viscose rayon, not retail were Bahamas (40.2%), Ethiopia (19.8%), Argentina (17.4%), and Brazil (17.3%).

Product Complexity

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Diversification Frontier

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Specialization

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.