HS Icon Non-Retail Carded Wool Yarn

5106 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Non-Retail Carded Wool Yarn. In 2019, Non-Retail Carded Wool Yarn were the world's 985th most traded product, with a total trade of $639M. Between 2018 and 2019 the exports of Non-Retail Carded Wool Yarn decreased by -9.42%, from $705M to $639M. Trade in Non-Retail Carded Wool Yarn represent 0.0035% of total world trade.

Exports In 2019 the top exporters of Non-Retail Carded Wool Yarn  were China ($160M), Italy ($151M), Lithuania ($60.1M), United Kingdom ($50.3M), and Hong Kong ($30.1M).

Imports In 2019 the top importers of Non-Retail Carded Wool Yarn were United Kingdom ($91.3M), Hong Kong ($76.8M), China ($40.2M), Italy ($26.8M), and Vietnam ($25.1M).

Tariffs In 2018 the average tariff for Non-Retail Carded Wool Yarn was 5.66%, making it the 735th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Non-Retail Carded Wool Yarn are Bahamas (40.2%), Uzbekistan (28.7%), Ethiopia (19.8%), Iran (17.5%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritius (0%), South Africa (0%), and Hong Kong (0%).

Description Carded wool yarn is often used for knitting or crocheting garments, blankets, and other items.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $160M

Top Destination (2019): United Kingdom, $91.3M

Non-Retail Carded Wool Yarn are the world's 985th most traded product.

In 2019, the top exporters of Non-Retail Carded Wool Yarn were China ($160M), Italy ($151M), Lithuania ($60.1M), United Kingdom ($50.3M), and Hong Kong ($30.1M).

In 2019, the top importers of Non-Retail Carded Wool Yarn were United Kingdom ($91.3M), Hong Kong ($76.8M), China ($40.2M), Italy ($26.8M), and Vietnam ($25.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Hong Kong, $14.3M

Top Destination Growth (2018 - 2019): China, $22M

Between 2018 and 2019, the exports of Non-Retail Carded Wool Yarn grew the fastest in Hong Kong ($14.3M), South Korea ($5.27M), Spain ($1.82M), Mauritius ($1.72M), and Turkey ($1.64M).

Between 2018 and 2019, the fastest growing importers of Non-Retail Carded Wool Yarn were China ($22M), Thailand ($5.28M), Cambodia ($3.19M), United Kingdom ($2.73M), and Bangladesh ($2.47M).

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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 Non-Retail Carded Wool Yarn.

In 2019,  market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Non-Retail Carded Wool Yarn are explained by 11 countries.

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TOP NET EXPORTER (2019): Italy, $124M

TOP NET IMPORTER (2019): Hong Kong, $46.7M

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

In 2019, the countries that had a largest trade value in exports than in imports of Non-Retail Carded Wool Yarn were Italy ($124M), China ($120M), Lithuania ($55.5M), Mauritius ($18M), and New Zealand ($11M).

In 2019, the countries that had a largest trade value in imports than in exports of Non-Retail Carded Wool Yarn were Hong Kong ($46.7M), United Kingdom ($41M), Vietnam ($25.1M), Netherlands ($24.1M), and Thailand ($19.6M).

Disaggregation

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Value

In 2019, the world most traded Non-Retail Carded Wool Yarn, disaggragated by their HS6 level were Yarn of carded wool, >85% wool,... ($353M) and Yarn of carded, wool, <85% wool,... ($286M)

Import Tariffs

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In 2018, the average tariff for importing Non-Retail Carded Wool Yarn was 5.66%. The countries with the highest tariffs for importing Non-Retail Carded Wool Yarn were Bahamas (40.2%), Uzbekistan (28.7%), Ethiopia (19.8%), Iran (17.5%), and Venezuela (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.

Country by Relatedness

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