HS Icon 120turn/m nes, not retai onClick=titleClick(0)>Yarn, viscose rayon, single >120turn/m nes, not retai

540332 (Harmonized System 1992 for 6-digit)

World Trade (2018): $32.5M, Rnk 4467 / 4726

Top Exporter (2018): $16.9M, China

Top Importer (2018): $10M, India

Export Growth (CAGR)(2017 - 2018): 37.9%, Rnk 533 / 4726

Mean Tariff (2018): 5.13%, Rnk 4041 / 6538

Share of World Trade (2018): 0.00018%, Rnk 4467 / 4726

Overview:  This page contains the latest trade data of Yarn, viscose rayon, single >120turn/m nes, not retai. In 2018, Yarn, viscose rayon, single >120turn/m nes, not retai were the world's 4467th most traded product, with a total trade of $32.5M. Between 2017 and 2018 the exports of Yarn, viscose rayon, single >120turn/m nes, not retai grew by 37.9%, from  $23.6M to $32.5M. Trade in Yarn, viscose rayon, single >120turn/m nes, not retai represent 0.00018% of total world trade.

Exports: In 2018 the top exporters of Yarn, viscose rayon, single >120turn/m nes, not retai  were China ($16.9M), Italy ($2.68M), Indonesia ($2.65M), Turkey ($2.02M), and Chinese Taipei ($1.58M).

Imports: In 2018 the top importers of Yarn, viscose rayon, single >120turn/m nes, not retai were India ($10M), Pakistan ($4.15M), United Kingdom ($3.03M), China ($2.06M), and Egypt ($1.91M).

Tariffs: In 2018 the average tariff for Yarn, viscose rayon, single >120turn/m nes, not retai was 5.13%, been the 4041 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Yarn, viscose rayon, single >120turn/m 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%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $16.9M

Top Destination (2018): India, $10M

Yarn, viscose rayon, single >120turn/m nes, not retai are the world's 4467th most traded product.

In 2018, the top exporters of Yarn, viscose rayon, single >120turn/m nes, not retai were China ($16.9M), Italy ($2.68M), Indonesia ($2.65M), Turkey ($2.02M), and Chinese Taipei ($1.58M).

In 2018, the top importers of Yarn, viscose rayon, single >120turn/m nes, not retai were India ($10M), Pakistan ($4.15M), United Kingdom ($3.03M), China ($2.06M), and Egypt ($1.91M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $10M

Top Destination Growth (2017 - 2018): India, $9.96M

Between 2017 and 2018, the exports of Yarn, viscose rayon, single >120turn/m nes, not retai grew the fastest in China ($10M), Chinese Taipei ($1.58M), Indonesia ($850k), Bulgaria ($339k), and Spain ($204k).

Between 2017 and 2018, the fastest growing importers of Yarn, viscose rayon, single >120turn/m nes, not retai were India ($9.96M), China ($1.19M), United Kingdom ($640k), Egypt ($586k), and Italy ($485k).

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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, viscose rayon, single >120turn/m nes, not retai.

In 2018,  market concentration measured using Shannon Entropy, was 2.81. This means that most of the exports of Yarn, viscose rayon, single >120turn/m nes, not retai are explained by 7 countries.

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TOP NET EXPORTER (2018): China, $14.8M

TOP NET IMPORTER (2018): India, $9.18M

This map shows which countries export or import more of Yarn, viscose rayon, single >120turn/m nes, not retai. Each country is colored based on the difference in exports and imports of Yarn, viscose rayon, single >120turn/m nes, not retai during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Yarn, viscose rayon, single >120turn/m nes, not retai were China ($14.8M), Indonesia ($2.62M), Chinese Taipei ($1.58M), Turkey ($1.49M), and Italy ($1.45M).

In 2018, the countries that had a largest trade value in imports than in exports of Yarn, viscose rayon, single >120turn/m nes, not retai were India ($9.18M), Pakistan ($3.48M), United Kingdom ($2.98M), Portugal ($1.77M), and Romania ($581k).

Trade Forecasts

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This section shows forecasts for total trade for Yarn, viscose rayon, single >120turn/m nes, not retai. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Yarn, viscose rayon, single >120turn/m nes, not retai was 5.13%.  The countries with the highest tariffs for importing Yarn, viscose rayon, single >120turn/m nes, not retai were Bahamas (40.2%), Finland (20%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%).

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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.