HS Icon Woven fabric synthetic staple fibres, nes

551599 (Harmonized System 1992 for 6-digit)

World Trade (2018): $324M, Rnk 3222 / 4726

Top Exporter (2018): $96.1M, China

Top Importer (2018): $69.2M, Kyrgyzstan

Export Growth (CAGR)(2017 - 2018): 26.2%, Rnk 982 / 4726

Mean Tariff (2018): 15.1%, Rnk 1145 / 6538

Share of World Trade (2018): 0.0018%, Rnk 3222 / 4726

Overview:  This page contains the latest trade data of Woven fabric synthetic staple fibres, nes. In 2018, Woven fabric synthetic staple fibres, nes were the world's 3222nd most traded product, with a total trade of $324M. Between 2017 and 2018 the exports of Woven fabric synthetic staple fibres, nes grew by 26.2%, from  $257M to $324M. Trade in Woven fabric synthetic staple fibres, nes represent 0.0018% of total world trade.

Exports: In 2018 the top exporters of Woven fabric synthetic staple fibres, nes  were China ($96.1M), France ($44.6M), South Korea ($29.5M), Belgium-Luxembourg ($28.7M), and Chinese Taipei ($15.7M).

Imports: In 2018 the top importers of Woven fabric synthetic staple fibres, nes were Kyrgyzstan ($69.2M), Belgium-Luxembourg ($24.6M), Vietnam ($23.6M), Tunisia ($22.1M), and China ($15.6M).

Tariffs: In 2018 the average tariff for Woven fabric synthetic staple fibres, nes was 15.1%, making it the 1145th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Woven fabric synthetic staple fibres, nes are Iran (70%), Sudan (35%), Ethiopia (34.7%), Uzbekistan (28.7%), and Bahamas (26.8%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Description: Woven fabric synthetic staple fibres are used in a variety of ways. The most common use is in the production of carpets, curtains, and other textiles.

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $96.1M

Top Destination (2018): Kyrgyzstan, $69.2M

Woven fabric synthetic staple fibres, nes are the world's 3222nd most traded product.

In 2018, the top exporters of Woven fabric synthetic staple fibres, nes were China ($96.1M), France ($44.6M), South Korea ($29.5M), Belgium-Luxembourg ($28.7M), and Chinese Taipei ($15.7M).

In 2018, the top importers of Woven fabric synthetic staple fibres, nes were Kyrgyzstan ($69.2M), Belgium-Luxembourg ($24.6M), Vietnam ($23.6M), Tunisia ($22.1M), and China ($15.6M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $16.6M

Top Destination Growth (2017 - 2018): Kyrgyzstan, $21.2M

Between 2017 and 2018, the exports of Woven fabric synthetic staple fibres, nes grew the fastest in China ($16.6M), France ($12.3M), Chinese Taipei ($11.6M), Pakistan ($9.24M), and Belgium-Luxembourg ($8.32M).

Between 2017 and 2018, the fastest growing importers of Woven fabric synthetic staple fibres, nes were Kyrgyzstan ($21.2M), Tunisia ($15.7M), Vietnam ($12M), Netherlands ($9.53M), and France ($5.14M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Woven fabric synthetic staple fibres, nes.

In 2018,  market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Woven fabric synthetic staple fibres, nes are explained by 12 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $80.4M

TOP NET IMPORTER (2018): Kyrgyzstan, $69.1M

This map shows which countries export or import more of Woven fabric synthetic staple fibres, nes. Each country is colored based on the difference in exports and imports of Woven fabric synthetic staple fibres, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Woven fabric synthetic staple fibres, nes were China ($80.4M), France ($30.1M), South Korea ($28.3M), Chinese Taipei ($15.5M), and India ($14.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Woven fabric synthetic staple fibres, nes were Kyrgyzstan ($69.1M), Vietnam ($22.8M), Tunisia ($22M), Netherlands ($8.76M), and Georgia ($8.17M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Woven fabric synthetic staple fibres, nes was 15.1%.  The countries with the highest tariffs for importing Woven fabric synthetic staple fibres, nes were Iran (70%), Sudan (35%), Ethiopia (34.7%), Uzbekistan (28.7%), and Bahamas (26.8%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.