HS Icon Horsehair Yarn

5110 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Horsehair Yarn. In 2019, Horsehair Yarn were the world's 1214th most traded product, with a total trade of $6.16M. Between 2018 and 2019 the exports of Horsehair Yarn grew by 17.4%, from $5.25M to $6.16M. Trade in Horsehair Yarn represent 0.000034% of total world trade.

Exports In 2019 the top exporters of Horsehair Yarn  were Netherlands ($1.25M), Switzerland ($1.24M), Myanmar ($655k), Germany ($613k), and China ($612k).

Imports In 2019 the top importers of Horsehair Yarn were Sweden ($1.86M), China ($695k), United Kingdom ($641k), Japan ($517k), and Italy ($283k).

Tariffs In 2018 the average tariff for Horsehair Yarn was 6.69%, making it the 640th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Horsehair Yarn are Bahamas (40.2%), Uzbekistan (28.7%), Zimbabwe (25.1%), Iran (25%), and Malawi (22.7%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritius (0%), South Africa (0%), and Hong Kong (0%).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Netherlands, $1.25M

Top Destination (2019): Sweden, $1.86M

Horsehair Yarn are the world's 1214th most traded product.

In 2019, the top exporters of Horsehair Yarn were Netherlands ($1.25M), Switzerland ($1.24M), Myanmar ($655k), Germany ($613k), and China ($612k).

In 2019, the top importers of Horsehair Yarn were Sweden ($1.86M), China ($695k), United Kingdom ($641k), Japan ($517k), and Italy ($283k).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Myanmar, $655k

Top Destination Growth (2018 - 2019): China, $587k

Between 2018 and 2019, the exports of Horsehair Yarn grew the fastest in Myanmar ($655k), Netherlands ($550k), China ($137k), Austria ($126k), and South Korea ($111k).

Between 2018 and 2019, the fastest growing importers of Horsehair Yarn were China ($587k), Sweden ($482k), Japan ($310k), Austria ($132k), and Germany ($99.4k).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Horsehair Yarn.

In 2019,  market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Horsehair Yarn are explained by 11 countries.

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TOP NET EXPORTER (2019): Switzerland, $1.22M

TOP NET IMPORTER (2019): Sweden, $1.85M

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

In 2019, the countries that had a largest trade value in exports than in imports of Horsehair Yarn were Switzerland ($1.22M), Netherlands ($1.19M), Myanmar ($655k), Germany ($337k), and Peru ($257k).

In 2019, the countries that had a largest trade value in imports than in exports of Horsehair Yarn were Sweden ($1.85M), United Kingdom ($537k), Japan ($479k), France ($220k), and Russia ($188k).

Disaggregation

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Value

In 2019, the world most traded Horsehair Yarn, disaggragated by their HS6 level were Yarn of coarse animal hair or... ($6.16M)

Import Tariffs

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In 2018, the average tariff for importing Horsehair Yarn was 6.69%. The countries with the highest tariffs for importing Horsehair Yarn were Bahamas (40.2%), Uzbekistan (28.7%), Zimbabwe (25.1%), Iran (25%), and Malawi (22.7%).

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.

Country by Relatedness

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The following visualization shows the relatedness of Horsehair Yarn to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.