HS Icon Yarn of viscose rayon, single untwisted nes not retai

540331 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Yarn of viscose rayon, single untwisted nes not retai. In 2019, Yarn of viscose rayon, single untwisted nes not retai were the world's 2668th most traded product, with a total trade of $538M. Between 2018 and 2019 the exports of Yarn of viscose rayon, single untwisted nes not retai decreased by -0.5%, from $541M to $538M. Trade in Yarn of viscose rayon, single untwisted nes not retai represent 0.003% of total world trade.

Exports: In 2019 the top exporters of Yarn of viscose rayon, single untwisted nes not retai  were China ($392M), Germany ($59.4M), India ($25.2M), Poland ($20.7M), and Indonesia ($12.7M).

Imports: In 2019 the top importers of Yarn of viscose rayon, single untwisted nes not retai were India ($121M), Pakistan ($109M), Turkey ($60M), Italy ($47.8M), and South Korea ($33M).

Tariffs: In 2018 the average tariff for Yarn of viscose rayon, single untwisted nes not retai was 5.14%, making it the 4040th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Yarn of viscose rayon, single untwisted nes not retai are Bahamas (40.2%), Finland (20%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (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 viscose rayon, single untwisted nes not retai ranks 3835th in the Product Complexity Index (PCI).

Description: Viscose rayon yarn is used as a softener for other yarns, such as cotton. It is also used to make garments because it is easy to work with and provides a good amount of stretch.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $392M

Top Destination (2019): India, $121M

Yarn of viscose rayon, single untwisted nes not retai are the world's 2668th most traded product.

In 2019, the top exporters of Yarn of viscose rayon, single untwisted nes not retai were China ($392M), Germany ($59.4M), India ($25.2M), Poland ($20.7M), and Indonesia ($12.7M).

In 2019, the top importers of Yarn of viscose rayon, single untwisted nes not retai were India ($121M), Pakistan ($109M), Turkey ($60M), Italy ($47.8M), and South Korea ($33M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $13.1M

Top Destination Growth (2018 - 2019): India, $38.7M

Between 2018 and 2019, the exports of Yarn of viscose rayon, single untwisted nes not retai grew the fastest in China ($13.1M), Indonesia ($6.44M), Hong Kong ($1.32M), Thailand ($1.06M), and Honduras ($956k).

Between 2018 and 2019, the fastest growing importers of Yarn of viscose rayon, single untwisted nes not retai were India ($38.7M), Egypt ($4.4M), Singapore ($3.83M), Philippines ($3.65M), and Bangladesh ($3.26M).

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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 viscose rayon, single untwisted nes not retai.

In 2019,  market concentration measured using Shannon Entropy, was 1.63. This means that most of the exports of Yarn of viscose rayon, single untwisted nes not retai are explained by 3 countries.

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TOP NET EXPORTER (2019): China, $391M

TOP NET IMPORTER (2019): Pakistan, $109M

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

In 2019, the countries that had a largest trade value in exports than in imports of Yarn of viscose rayon, single untwisted nes not retai were China ($391M), Germany ($37.2M), Poland ($8.28M), Bulgaria ($4.38M), and Indonesia ($2.04M).

In 2019, the countries that had a largest trade value in imports than in exports of Yarn of viscose rayon, single untwisted nes not retai were Pakistan ($109M), India ($96.1M), Turkey ($59.8M), Italy ($41.8M), and South Korea ($32.7M).

Import Tariffs

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In 2018, the average tariff for importing Yarn of viscose rayon, single untwisted nes not retai was 5.14%. The countries with the highest tariffs for importing Yarn of viscose rayon, single untwisted nes not retai were Bahamas (40.2%), Finland (20%), Ethiopia (19.8%), Argentina (17.3%), 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.