560721 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Binder or baler twine, of sisal or agave. In 2022, Binder or baler twine, of sisal or agave were the world's 4293rd most traded product, with a total trade of $63.3M. Between 2021 and 2022 the exports of Binder or baler twine, of sisal or agave grew by 4.82%, from $60.4M to $63.3M. Trade in Binder or baler twine, of sisal or agave represent 0.00027% of total world trade.

Binder or baler twine, of sisal or agave are a part of Twine and Rope.

Exports In 2022 the top exporters of Binder or baler twine, of sisal or agave  were Brazil ($27M), Portugal ($13.7M), China ($3.43M), Tanzania ($1.94M), and Italy ($1.52M).

Imports In 2022 the top importers of Binder or baler twine, of sisal or agave were United States ($27.6M), France ($6.8M), Germany ($2.84M), Belgium ($2.4M), and Portugal ($1.85M).

Ranking Binder or baler twine, of sisal or agave ranks 4402nd in the Product Complexity Index (PCI).

Description Binder twine is used to tie up bundles of hay, straw, or other materials in the barn. It is made of natural materials such as hemp or sisal, and is then twisted together to make it stronger. Sisal is a type of plant, and its leaves are used to make rope. Sisal is used in American-made ropes, but is also used in other countries. Agave is a type of plant, and its leaves are used to make rope. American-made ropes are made from agave, but it is also used in other countries.

Latest Data

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The following visualization shows the latest trends on Binder or baler twine, of sisal or agave. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Brazil$27M
Top Destination (2022)United States$27.6M

In 2022 Binder or baler twine, of sisal or agave were the world's 4293rd most traded product (out of 4,648).

In 2022, the top exporters of Binder or baler twine, of sisal or agave were Brazil ($27M), Portugal ($13.7M), China ($3.43M), Tanzania ($1.94M), and Italy ($1.52M).

In 2022, the top importers of Binder or baler twine, of sisal or agave were United States ($27.6M), France ($6.8M), Germany ($2.84M), Belgium ($2.4M), and Portugal ($1.85M).

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Exporters of Binder or baler twine, of sisal or agave (2022)
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Importers of Binder or baler twine, of sisal or agave (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$3.51M
Top Destination Growth (2021 -  2022)United States$2.35M

Between 2021 and 2022, the exports of Binder or baler twine, of sisal or agave grew the fastest in Brazil ($3.51M), Tanzania ($851k), Chinese Taipei ($455k), China ($388k), and Italy ($299k).

Between 2021 and 2022, the fastest growing importers of Binder or baler twine, of sisal or agave were United States ($2.35M), Indonesia ($1.19M), Portugal ($829k), France ($589k), and Germany ($400k).

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Exporters of Binder or baler twine, of sisal or agave (2021 - 2022)

Importers of Binder or baler twine, of sisal or agave (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Binder or baler twine, of sisal or agave.

In 2022, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Binder or baler twine, of sisal or agave are explained by 9 countries.

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Value of Exports in Binder or baler twine, of sisal or agave

Net Trade

TOP NET EXPORTER (2022)Brazil$27M
TOP NET IMPORTER (2022)United States$27M

This map shows which countries export or import more of Binder or baler twine, of sisal or agave. Each country is colored based on the difference in exports and imports of Binder or baler twine, of sisal or agave during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Binder or baler twine, of sisal or agave were Brazil ($27M), Portugal ($11.9M), China ($3.17M), Tanzania ($1.93M), and Thailand ($971k).

In 2022, the countries that had a largest trade value in imports than in exports of Binder or baler twine, of sisal or agave were United States ($27M), France ($6.44M), Germany ($2.13M), Belgium ($1.6M), and Indonesia ($1.47M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Binder or baler twine, of sisal or agave.
It is possible to select the main countries that export or import Binder or baler twine, of sisal or agave in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Binder or baler twine, of sisal or agave by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

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