HS Icon Retail Artificial Filament Yarn

5406 (Harmonized System 1992 for 4-digit)

World Trade (2018): $104M, Rnk 1176 / 1225

Top Exporter (2018): $49.1M, China

Top Importer (2018): $15.6M, United States

Export Growth (CAGR)(2017 - 2018): 26.9%, Rnk 204 / 1225

Mean Tariff (2018): 7.86%, Rnk 554 / 1259

Share of World Trade (2018): 0.00057%, Rnk 1176 / 1225

Overview:  This page contains the latest trade data of Retail Artificial Filament Yarn. In 2018, Retail Artificial Filament Yarn were the world's 1176th most traded product, with a total trade of $104M. Between 2017 and 2018 the exports of Retail Artificial Filament Yarn grew by 26.9%, from  $82.3M to $104M. Trade in Retail Artificial Filament Yarn represent 0.00057% of total world trade.

Exports: In 2018 the top exporters of Retail Artificial Filament Yarn  were China ($49.1M), Turkey ($12.7M), Japan ($6.48M), United States ($6.08M), and Netherlands ($5.43M).

Imports: In 2018 the top importers of Retail Artificial Filament Yarn were United States ($15.6M), Canada ($7.36M), Netherlands ($5.62M), France ($5.23M), and China ($4.82M).

Tariffs: In 2018 the average tariff for Retail Artificial Filament Yarn was 7.86%, been the 554 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Retail Artificial Filament Yarn are Bahamas (40.2%), Iran (30%), Malawi (22.6%), Sudan (21.9%), and Ecuador (21.5%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Lebanon (0%), and Sri Lanka (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $49.1M

Top Destination (2018): United States, $15.6M

Retail Artificial Filament Yarn are the world's 1176th most traded product.

In 2018, the top exporters of Retail Artificial Filament Yarn were China ($49.1M), Turkey ($12.7M), Japan ($6.48M), United States ($6.08M), and Netherlands ($5.43M).

In 2018, the top importers of Retail Artificial Filament Yarn were United States ($15.6M), Canada ($7.36M), Netherlands ($5.62M), France ($5.23M), and China ($4.82M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $12.3M

Top Destination Growth (2017 - 2018): United States, $5.24M

Between 2017 and 2018, the exports of Retail Artificial Filament Yarn grew the fastest in China ($12.3M), Turkey ($2.85M), Chinese Taipei ($2.26M), Netherlands ($1.78M), and United States ($1.55M).

Between 2017 and 2018, the fastest growing importers of Retail Artificial Filament Yarn were United States ($5.24M), Canada ($3.27M), China ($2.73M), Nigeria ($2.23M), and Germany ($1.47M).

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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 Retail Artificial Filament Yarn.

In 2018,  market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Retail Artificial Filament Yarn are explained by 9 countries.

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TOP NET EXPORTER (2018): China, $44.2M

TOP NET IMPORTER (2018): United States, $9.53M

This map shows which countries export or import more of Retail Artificial Filament Yarn. Each country is colored based on the difference in exports and imports of Retail Artificial Filament Yarn during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Retail Artificial Filament Yarn were China ($44.2M), Turkey ($12.1M), Chinese Taipei ($2.94M), Japan ($2.72M), and Mexico ($1.85M).

In 2018, the countries that had a largest trade value in imports than in exports of Retail Artificial Filament Yarn were United States ($9.53M), Canada ($7.15M), France ($4.07M), Australia ($3.15M), and Germany ($2.64M).

Import Tariffs

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In 2018, the average tariff for importing Retail Artificial Filament Yarn was 7.86%.  The countries with the highest tariffs for importing Retail Artificial Filament Yarn were Bahamas (40.2%), Iran (30%), Malawi (22.6%), Sudan (21.9%), and Ecuador (21.5%).

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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.