HS Icon Unprocessed Artificial Staple Fibers

5504 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $2.99B, Rnk 634 / 1217

2019
Top Exporter | Top Importer
: $956M | $576M, Austria | China

2019
Product Complexity
: 0.57, Rnk 315 / 961

2018 - 2019
Export Growth (CAGR)
: -3.26%, Rnk 641 / 1217

2018
Mean Tariff
: 4.03%, Rnk 987 / 1259

 2019
Share of World Trade
: 0.016%, Rnk 634 / 1217

Overview:  This page contains the latest trade data of Unprocessed Artificial Staple Fibers. In 2019, Unprocessed Artificial Staple Fibers were the world's 634th most traded product, with a total trade of $2.99B. Between 2018 and 2019 the exports of Unprocessed Artificial Staple Fibers decreased by -3.26%, from  $3.09B to $2.99B. Trade in Unprocessed Artificial Staple Fibers represent 0.016% of total world trade.

Exports: In 2019 the top exporters of Unprocessed Artificial Staple Fibers  were Austria ($956M), China ($610M), Indonesia ($521M), Thailand ($225M), and India ($167M).

Imports: In 2019 the top importers of Unprocessed Artificial Staple Fibers were China ($576M), Turkey ($575M), Pakistan ($316M), United States ($200M), and India ($138M).

Tariffs: In 2018 the average tariff for Unprocessed Artificial Staple Fibers was 4.03%, making it the 987th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Unprocessed Artificial Staple Fibers are Bahamas (40.2%), Maldives (14.6%), Mauritania (13%), Aruba (12%), and Cameroon (9.81%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Unprocessed Artificial Staple Fibers ranks 315th in the Product Complexity Index (PCI).

Description: Artificial staple fibres are used in many different products, including clothing, carpets, upholstery, insulation, and more. They are often used in these products because they are less expensive and easier to maintain than natural fibres.

Exporters and Importers

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Trade By Country

Top Origin (2019): Austria, $956M

Top Destination (2019): China, $576M

Unprocessed Artificial Staple Fibers are the world's 634th most traded product.

In 2019, the top exporters of Unprocessed Artificial Staple Fibers were Austria ($956M), China ($610M), Indonesia ($521M), Thailand ($225M), and India ($167M).

In 2019, the top importers of Unprocessed Artificial Staple Fibers were China ($576M), Turkey ($575M), Pakistan ($316M), United States ($200M), and India ($138M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Indonesia, $167M

Top Destination Growth (2018 - 2019): Turkey, $55.8M

Between 2018 and 2019, the exports of Unprocessed Artificial Staple Fibers grew the fastest in Indonesia ($167M), United States ($8.57M), Italy ($2.78M), Australia ($1.65M), and Belgium ($1.62M).

Between 2018 and 2019, the fastest growing importers of Unprocessed Artificial Staple Fibers were Turkey ($55.8M), China ($37.7M), Vietnam ($20.9M), India ($19M), and Bangladesh ($16M).

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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 Unprocessed Artificial Staple Fibers.

In 2019,  market concentration measured using Shannon Entropy, was 2.94. This means that most of the exports of Unprocessed Artificial Staple Fibers are explained by 7 countries.

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TOP NET EXPORTER (2019): Austria, $951M

TOP NET IMPORTER (2019): Turkey, $573M

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

In 2019, the countries that had a largest trade value in exports than in imports of Unprocessed Artificial Staple Fibers were Austria ($951M), Indonesia ($421M), Thailand ($217M), United Kingdom ($86.7M), and China ($34.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Unprocessed Artificial Staple Fibers were Turkey ($573M), Pakistan ($316M), United States ($135M), Vietnam ($123M), and Israel ($57.3M).

Disaggregation

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Value

In 2019, the world most traded Unprocessed Artificial Staple Fibers, disaggragated by their HS6 level were Staple fibres of viscose rayon, not... ($2.38B) and Artif staple fibres, except rayon,not carded... ($608M)

Import Tariffs

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In 2018, the average tariff for importing Unprocessed Artificial Staple Fibers was 4.03%.  The countries with the highest tariffs for importing Unprocessed Artificial Staple Fibers were Bahamas (40.2%), Maldives (14.6%), Mauritania (13%), Aruba (12%), and Cameroon (9.81%).

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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.