2022
Exports
$16.4MWorld Rnk 2 / 81
Flag Rnk 794 / 1212
2022
PRODUCT COMPLEXITY IN Jute Yarn
-1.22Rnk 882 / 1025
2022
Imports
$62.4MWorld Rnk 3 / 166
Flag Rnk 568 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $16.4M in Jute Yarn, making it the 2nd largest exporter of Jute Yarn in the world. At the same year, Jute Yarn was the 794th most exported product in India. The main destination of Jute Yarn exports from India are: Belgium ($4.56M), Indonesia ($2.71M), Turkey ($1.44M), Algeria ($1.28M), and Germany ($714k).

The fastest growing export markets for Jute Yarn of India between 2021 and 2022 were Algeria ($1.28M), Ghana ($471k), and Tanzania ($378k).

Imports In 2022, India imported $62.4M in Jute Yarn, becoming the 3rd largest importer of Jute Yarn in the world. At the same year, Jute Yarn was the 568th most imported product in India. India imports Jute Yarn primarily from: Bangladesh ($58.9M), Nepal ($3.48M), China ($15.4k), Malaysia ($2.68k), and Germany ($1.33k).

The fastest growing import markets in Jute Yarn for India between 2021 and 2022 were Bangladesh ($10.8M), China ($10.8k), and Malaysia ($2.32k).

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 Jute 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)$16.4M
IMPORTS (2022)$62.4M
NET TRADE (2022)-$46.1M

In 2022, India exported $16.4M in Jute Yarn. The main destinations of India exports on Jute Yarn were Belgium ($4.56M), Indonesia ($2.71M), Turkey ($1.44M), Algeria ($1.28M), and Germany ($714k).

In 2022, India imported $62.4M in Jute Yarn, mainly from Bangladesh ($58.9M), Nepal ($3.48M), China ($15.4k), Malaysia ($2.68k), and Germany ($1.33k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute Yarn EXPORT MARKETS FOR India WERE (2021 - 2022):
Algeria$1.28M (1%)
Ghana$471k (1%)
Tanzania$378k (1.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute Yarn BY India WERE (2021 - 2022):
Saudi Arabia-$3.77M (-91.3%)
Belgium-$1.58M (-25.7%)
Turkey-$1.32M (-47.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Jute Yarn were:
In 2022, India's main importing competitors in Jute Yarn were:
China $127M

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Trade Value of Jute Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $873k
TOP IMPORT POTENTIALBangladesh+ $10M

Jute Yarn’s highest export potential is Turkey. With an export gap of $873k.   Jute Yarn’s highest import potential is Bangladesh with an import gap of $10M.

See methodology.

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