HS Icon Non-Retail Artificial Filament Yarn

5403 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $1.29B, Rnk 847 / 1217

2019
Top Exporter | Top Importer
: $491M | $189M, China | India

2019
Product Complexity
: 0.099, Rnk 491 / 961

2018 - 2019
Export Growth (CAGR)
: -9.89%, Rnk 963 / 1217

2018
Mean Tariff
: 5.23%, Rnk 787 / 1259

 2019
Share of World Trade
: 0.0071%, Rnk 847 / 1217

Overview:  This page contains the latest trade data of Non-Retail Artificial Filament Yarn. In 2019, Non-Retail Artificial Filament Yarn were the world's 847th most traded product, with a total trade of $1.29B. Between 2018 and 2019 the exports of Non-Retail Artificial Filament Yarn decreased by -9.89%, from  $1.43B to $1.29B. Trade in Non-Retail Artificial Filament Yarn represent 0.0071% of total world trade.

Exports: In 2019 the top exporters of Non-Retail Artificial Filament Yarn  were China ($491M), Germany ($173M), Japan ($154M), United States ($141M), and Czechia ($52.6M).

Imports: In 2019 the top importers of Non-Retail Artificial Filament Yarn were India ($189M), Pakistan ($148M), Italy ($136M), China ($110M), and South Korea ($86.5M).

Tariffs: In 2018 the average tariff for Non-Retail Artificial Filament Yarn was 5.23%, making it the 787th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Non-Retail Artificial Filament Yarn are Bahamas (40.2%), Ethiopia (19.8%), Finland (19.4%), Argentina (17.3%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Lebanon (0%), and Sri Lanka (0%).

Ranking: Non-Retail Artificial Filament Yarn ranks 491st in the Product Complexity Index (PCI).

Description: Artificial filament yarns are used in a variety of applications, including clothing, upholstery, and carpets.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $491M

Top Destination (2019): India, $189M

Non-Retail Artificial Filament Yarn are the world's 847th most traded product.

In 2019, the top exporters of Non-Retail Artificial Filament Yarn were China ($491M), Germany ($173M), Japan ($154M), United States ($141M), and Czechia ($52.6M).

In 2019, the top importers of Non-Retail Artificial Filament Yarn were India ($189M), Pakistan ($148M), Italy ($136M), China ($110M), and South Korea ($86.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $25.6M

Top Destination Growth (2018 - 2019): India, $29.3M

Between 2018 and 2019, the exports of Non-Retail Artificial Filament Yarn grew the fastest in United States ($25.6M), China ($10.9M), Egypt ($5.19M), Thailand ($2.2M), and Hong Kong ($1.95M).

Between 2018 and 2019, the fastest growing importers of Non-Retail Artificial Filament Yarn were India ($29.3M), Belgium ($15.1M), Armenia ($6.04M), Bangladesh ($5.85M), and Philippines ($5.46M).

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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 Non-Retail Artificial Filament Yarn.

In 2019,  market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Non-Retail Artificial Filament Yarn are explained by 9 countries.

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TOP NET EXPORTER (2019): China, $381M

TOP NET IMPORTER (2019): Pakistan, $148M

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

In 2019, the countries that had a largest trade value in exports than in imports of Non-Retail Artificial Filament Yarn were China ($381M), Germany ($129M), Japan ($127M), United States ($120M), and Czechia ($30.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Non-Retail Artificial Filament Yarn were Pakistan ($148M), India ($145M), Italy ($99.3M), South Korea ($81.4M), and Turkey ($80M).

Disaggregation

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Value

In 2019, the world most traded Non-Retail Artificial Filament Yarn, disaggragated by their HS6 level were Yarn of viscose rayon, single untwisted... ($538M), Yarn of cellulose acetate, single, nes,... ($238M), Hi-ten yarn not sewing, viscose rayon,... ($176M), Yarn of artificial filament, single, nes,... ($158M), and Yarn of viscose rayon, multiple, nes,... ($105M)

Import Tariffs

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In 2018, the average tariff for importing Non-Retail Artificial Filament Yarn was 5.23%.  The countries with the highest tariffs for importing Non-Retail Artificial Filament Yarn were Bahamas (40.2%), Ethiopia (19.8%), Finland (19.4%), Argentina (17.3%), and Venezuela (17.3%).

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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.