HS Icon Jute and Other Textile Fibers

5303 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Jute and Other Textile Fibers. In 2019, Jute and Other Textile Fibers were the world's 1126th most traded product, with a total trade of $229M. Between 2018 and 2019 the exports of Jute and Other Textile Fibers grew by 3.47%, from $221M to $229M. Trade in Jute and Other Textile Fibers represent 0.0013% of total world trade.

Exports In 2019 the top exporters of Jute and Other Textile Fibers  were Bangladesh ($113M), China ($64.7M), Kenya ($14.4M), India ($13.5M), and Belgium ($5.05M).

Imports In 2019 the top importers of Jute and Other Textile Fibers were Nigeria ($75.2M), India ($45M), Pakistan ($22M), China ($17.2M), and Nepal ($12.4M).

Tariffs In 2018 the average tariff for Jute and Other Textile Fibers was 3.73%, making it the 1047th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Jute and Other Textile Fibers are Bahamas (40.2%), Bangladesh (24.5%), Sudan (21.9%), Iran (16%), and Haiti (15%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Description Textile bast fibres are used in the production of paper, rope, and cloth.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Bangladesh, $113M

Top Destination (2019): Nigeria, $75.2M

Jute and Other Textile Fibers are the world's 1126th most traded product.

In 2019, the top exporters of Jute and Other Textile Fibers were Bangladesh ($113M), China ($64.7M), Kenya ($14.4M), India ($13.5M), and Belgium ($5.05M).

In 2019, the top importers of Jute and Other Textile Fibers were Nigeria ($75.2M), India ($45M), Pakistan ($22M), China ($17.2M), and Nepal ($12.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $10.2M

Top Destination Growth (2018 - 2019): Nigeria, $16.8M

Between 2018 and 2019, the exports of Jute and Other Textile Fibers grew the fastest in China ($10.2M), India ($7.08M), Chinese Taipei ($1.78M), Belgium ($554k), and United States ($551k).

Between 2018 and 2019, the fastest growing importers of Jute and Other Textile Fibers were Nigeria ($16.8M), India ($9.42M), Nepal ($6.99M), Brazil ($2.25M), and United Arab Emirates ($1.07M).

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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 Jute and Other Textile Fibers.

In 2019,  market concentration measured using Shannon Entropy, was 2.3. This means that most of the exports of Jute and Other Textile Fibers are explained by 4 countries.

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TOP NET EXPORTER (2019): Bangladesh, $113M

TOP NET IMPORTER (2019): India, $31.6M

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

In 2019, the countries that had a largest trade value in exports than in imports of Jute and Other Textile Fibers were Bangladesh ($113M), China ($47.5M), Kenya ($14.2M), Belgium ($3.74M), and Tanzania ($2.52M).

In 2019, the countries that had a largest trade value in imports than in exports of Jute and Other Textile Fibers were India ($31.6M), Pakistan ($21.9M), Nepal ($12.4M), United Kingdom ($5.8M), and Brazil ($5.78M).

Disaggregation

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Value

In 2019, the world most traded Jute and Other Textile Fibers, disaggragated by their HS6 level were Jute and other textile bast fibres,... ($200M) and Jute and other bast fibres, not... ($29M)

Import Tariffs

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In 2018, the average tariff for importing Jute and Other Textile Fibers was 3.73%. The countries with the highest tariffs for importing Jute and Other Textile Fibers were Bahamas (40.2%), Bangladesh (24.5%), Sudan (21.9%), Iran (16%), and Haiti (15%).

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 Jute and Other Textile Fibers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.