HS Icon Yarn of artificial filament, single, nes, not retail

540339 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Yarn of artificial filament, single, nes, not retail. In 2019, Yarn of artificial filament, single, nes, not retail were the world's 3821st most traded product, with a total trade of $158M. Between 2018 and 2019 the exports of Yarn of artificial filament, single, nes, not retail decreased by -5.73%, from $167M to $158M. Trade in Yarn of artificial filament, single, nes, not retail represent 0.00087% of total world trade.

Exports: In 2019 the top exporters of Yarn of artificial filament, single, nes, not retail  were Japan ($133M), China ($7.81M), Italy ($5.23M), Chinese Taipei ($4.08M), and Germany ($1.17M).

Imports: In 2019 the top importers of Yarn of artificial filament, single, nes, not retail were India ($50.4M), China ($38.3M), Pakistan ($19.3M), Italy ($14.9M), and Turkey ($9.7M).

Tariffs: In 2018 the average tariff for Yarn of artificial filament, single, nes, not retail was 4.66%, making it the 4411th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Yarn of artificial filament, single, nes, not retail are Bahamas (40.2%), Finland (20%), Ethiopia (19.8%), Venezuela (17.3%), and Brazil (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Lebanon (0%), and Sri Lanka (0%).

Ranking: Yarn of artificial filament, single, nes, not retail ranks 919th in the Product Complexity Index (PCI).

Description: Yarn of artificial filament is used in home sewing. Single yarn is used in sweaters.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Japan, $133M

Top Destination (2019): India, $50.4M

Yarn of artificial filament, single, nes, not retail are the world's 3821st most traded product.

In 2019, the top exporters of Yarn of artificial filament, single, nes, not retail were Japan ($133M), China ($7.81M), Italy ($5.23M), Chinese Taipei ($4.08M), and Germany ($1.17M).

In 2019, the top importers of Yarn of artificial filament, single, nes, not retail were India ($50.4M), China ($38.3M), Pakistan ($19.3M), Italy ($14.9M), and Turkey ($9.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Germany, $815k

Top Destination Growth (2018 - 2019): Turkey, $2M

Between 2018 and 2019, the exports of Yarn of artificial filament, single, nes, not retail grew the fastest in Germany ($815k), Egypt ($690k), United Kingdom ($688k), Cambodia ($306k), and United Arab Emirates ($276k).

Between 2018 and 2019, the fastest growing importers of Yarn of artificial filament, single, nes, not retail were Turkey ($2M), Italy ($1.67M), Belgium ($1.11M), Vietnam ($997k), and Ireland ($702k).

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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 Yarn of artificial filament, single, nes, not retail.

In 2019,  market concentration measured using Shannon Entropy, was 1.12. This means that most of the exports of Yarn of artificial filament, single, nes, not retail are explained by 2 countries.

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TOP NET EXPORTER (2019): Japan, $133M

TOP NET IMPORTER (2019): India, $50.3M

This map shows which countries export or import more of Yarn of artificial filament, single, nes, not retail. Each country is colored based on the difference in exports and imports of Yarn of artificial filament, single, nes, not retail during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Yarn of artificial filament, single, nes, not retail were Japan ($133M), Chinese Taipei ($3.97M), Spain ($735k), United Kingdom ($675k), and Egypt ($437k).

In 2019, the countries that had a largest trade value in imports than in exports of Yarn of artificial filament, single, nes, not retail were India ($50.3M), China ($30.5M), Pakistan ($19.3M), Italy ($9.67M), and Turkey ($9.55M).

Import Tariffs

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In 2018, the average tariff for importing Yarn of artificial filament, single, nes, not retail was 4.66%. The countries with the highest tariffs for importing Yarn of artificial filament, single, nes, not retail were Bahamas (40.2%), Finland (20%), Ethiopia (19.8%), Venezuela (17.3%), and Brazil (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.