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560721 (Harmonized System 1992 for 6-digit)

2023
World Trade $57.6MRnk 4284 / 4644
2023
Top Exporter | Top Importer $21.5M | $15.7MBrazil | United States
2023
Product Complexity -1.8Rnk 4438 / 4656
2022 - 2023
Export Growth (CAGR) -21%Rnk 3758 / 4644
2023
Share of World Trade 0.00025%Rnk 4284 / 4644

About

Overview This page contains the latest trade data of Binder or baler twine, of sisal or agave. In 2023, Binder or baler twine, of sisal or agave were the world's 4284th most traded product, with a total trade of $57.6M. Between 2022 and 2023 the exports of Binder or baler twine, of sisal or agave decreased by -21%, from $72.9M to $57.6M. Trade in Binder or baler twine, of sisal or agave represent 0.00025% of total world trade.

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

Exports In 2023 the top exporters of Binder or baler twine, of sisal or agave  were Brazil ($21.5M), Portugal ($8.64M), China ($6.06M), Tanzania ($3.61M), and Egypt ($1.46M).

Imports In 2023 the top importers of Binder or baler twine, of sisal or agave were United States ($15.7M), France ($7.2M), Burma ($3.07M), Netherlands ($2.6M), and Indonesia ($2.56M).

Ranking Binder or baler twine, of sisal or agave ranks 4438th 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 Trends

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 (2023)Brazil$21.5M
Top Destination (2023)United States$15.7M

In 2023 Binder or baler twine, of sisal or agave were the world's 4284th most traded product (out of 4,644).

In 2023, the top exporters of Binder or baler twine, of sisal or agave were Brazil ($21.5M), Portugal ($8.64M), China ($6.06M), Tanzania ($3.61M), and Egypt ($1.46M).

In 2023, the top importers of Binder or baler twine, of sisal or agave were United States ($15.7M), France ($7.2M), Burma ($3.07M), Netherlands ($2.6M), and Indonesia ($2.56M).

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Exporters of Binder or baler twine, of sisal or agave (2023)
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Importers of Binder or baler twine, of sisal or agave (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Tanzania$1.69M
Top Destination Growth (2022 -  2023)Burma$2.97M

Between 2022 and 2023, the exports of Binder or baler twine, of sisal or agave grew the fastest in Tanzania ($1.69M), China ($1.18M), India ($624k), Chinese Taipei ($578k), and Egypt ($401k).

Between 2022 and 2023, the fastest growing importers of Binder or baler twine, of sisal or agave were Burma ($2.97M), China ($958k), United Arab Emirates ($855k), Indonesia ($584k), and Turkey ($551k).

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Exporters of Binder or baler twine, of sisal or agave (2022 - 2023)

Importers of Binder or baler twine, of sisal or agave (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Binder or baler twine, of sisal or agave are explained by 11 countries.

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

Net Trade

TOP NET EXPORTER (2023)Brazil$21.5M
TOP NET IMPORTER (2023)United States$15.3M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Binder or baler twine, of sisal or agave were Brazil ($21.5M), Portugal ($7.4M), China ($4.85M), Tanzania ($3.6M), and Egypt ($1.28M).

In 2023, 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 ($15.3M), France ($6.16M), Burma ($3.06M), Indonesia ($2.56M), and Netherlands ($2.19M).

Net Trade (2023)

Country Comparison

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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 (2023)

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