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Exports In 2022, India exported $12.2M in Flax Yarn, making it the 9th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 837th most exported product in India. The main destination of Flax Yarn exports from India are: Italy ($6.96M), Belgium ($2.33M), Bangladesh ($509k), Nepal ($488k), and Colombia ($450k).

The fastest growing export markets for Flax Yarn of India between 2021 and 2022 were Italy ($4.04M), Belgium ($1.28M), and United Kingdom ($359k).

Imports In 2022, India imported $64.6M in Flax Yarn, becoming the 2nd largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 561st most imported product in India. India imports Flax Yarn primarily from: China ($51.5M), Djibouti ($9.21M), Bangladesh ($2.02M), Ethiopia ($1.63M), and Italy ($68.9k).

The fastest growing import markets in Flax Yarn for India between 2021 and 2022 were China ($9.84M), Djibouti ($8.61M), and Ethiopia ($1.11M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Flax Yarn. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.2M
IMPORTS (2022)$64.6M
NET TRADE (2022)-$52.4M

In 2022, India exported $12.2M in Flax Yarn. The main destinations of India exports on Flax Yarn were Italy ($6.96M), Belgium ($2.33M), Bangladesh ($509k), Nepal ($488k), and Colombia ($450k).

In 2022, India imported $64.6M in Flax Yarn, mainly from China ($51.5M), Djibouti ($9.21M), Bangladesh ($2.02M), Ethiopia ($1.63M), and Italy ($68.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR India WERE (2021 - 2022):
Italy$4.04M (138%)
Belgium$1.28M (121%)
United Kingdom$359k (584%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY India WERE (2021 - 2022):
Bangladesh-$137k (-21.2%)
Mauritius-$130k (-100%)
Portugal-$105k (-48.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, India's main importing competitors in Flax Yarn were:
Italy $141M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBangladesh+ $502k
TOP IMPORT POTENTIALChina+ $5.92M

Flax Yarn’s highest export potential is Bangladesh. With an export gap of $502k.   Flax Yarn’s highest import potential is China with an import gap of $5.92M.

See methodology.

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