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560811 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.06BRnk 2120 / 4648
2022
Top Exporter | Top Importer $425M | $75.1MChina | Norway
2022
Product Complexity -0.59Rnk 3334 / 4653
2021 - 2022
Export Growth (CAGR) 4.37%Rnk 2313 / 4648
2022
Share of World Trade 0.0045%Rnk 2120 / 4648

About

Overview This page contains the latest trade data of Made up fishing nets, of manmade textile materials. In 2022, Made up fishing nets, of manmade textile materials were the world's 2120th most traded product, with a total trade of $1.06B. Between 2021 and 2022 the exports of Made up fishing nets, of manmade textile materials grew by 4.37%, from $1.02B to $1.06B. Trade in Made up fishing nets, of manmade textile materials represent 0.0045% of total world trade.

Made up fishing nets, of manmade textile materials are a part of Twine, cordage or rope; knotted netting, made up fishing nets and other....

Exports In 2022 the top exporters of Made up fishing nets, of manmade textile materials  were China ($425M), Thailand ($90.7M), India ($80.3M), Vietnam ($73.4M), and Lithuania ($46.5M).

Imports In 2022 the top importers of Made up fishing nets, of manmade textile materials were Norway ($75.1M), South Korea ($71.1M), Indonesia ($50M), Vietnam ($49.5M), and Malaysia ($45.7M).

Ranking Made up fishing nets, of manmade textile materials ranks 3334th in the Product Complexity Index (PCI).

Description Common uses of made up fishing nets are for catching fish. Common uses of manmade textile materials are for clothing, bedding, and other purposes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Made up fishing nets, of manmade textile materials. 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)China$425M
Top Destination (2022)Norway$75.1M

In 2022 Made up fishing nets, of manmade textile materials were the world's 2120th most traded product (out of 4,648).

In 2022, the top exporters of Made up fishing nets, of manmade textile materials were China ($425M), Thailand ($90.7M), India ($80.3M), Vietnam ($73.4M), and Lithuania ($46.5M).

In 2022, the top importers of Made up fishing nets, of manmade textile materials were Norway ($75.1M), South Korea ($71.1M), Indonesia ($50M), Vietnam ($49.5M), and Malaysia ($45.7M).

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Exporters of Made up fishing nets, of manmade textile materials (2022)
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Importers of Made up fishing nets, of manmade textile materials (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$20.1M
Top Destination Growth (2021 -  2022)Norway$15.5M

Between 2021 and 2022, the exports of Made up fishing nets, of manmade textile materials grew the fastest in Vietnam ($20.1M), India ($12.2M), China ($9.14M), Slovakia ($8.09M), and Philippines ($4.77M).

Between 2021 and 2022, the fastest growing importers of Made up fishing nets, of manmade textile materials were Norway ($15.5M), Chile ($14.4M), Marshall Islands ($7.48M), Mexico ($7.12M), and Mozambique ($6.16M).

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Exporters of Made up fishing nets, of manmade textile materials (2021 - 2022)

Importers of Made up fishing nets, of manmade textile materials (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Made up fishing nets, of manmade textile materials.

In 2022, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Made up fishing nets, of manmade textile materials are explained by 12 countries.

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Value of Exports in Made up fishing nets, of manmade textile materials

Net Trade

TOP NET EXPORTER (2022)China$422M
TOP NET IMPORTER (2022)Norway$53.5M

This map shows which countries export or import more of Made up fishing nets, of manmade textile materials. Each country is colored based on the difference in exports and imports of Made up fishing nets, of manmade textile materials during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Made up fishing nets, of manmade textile materials were China ($422M), Thailand ($79.9M), India ($53.3M), Lithuania ($33.2M), and Vietnam ($23.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Made up fishing nets, of manmade textile materials were Norway ($53.5M), Chile ($38.3M), South Korea ($35M), Indonesia ($29.7M), and Ghana ($28.7M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Made up fishing nets, of manmade textile materials.
It is possible to select the main countries that export or import Made up fishing nets, of manmade textile materials in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Made up fishing nets, of manmade textile materials 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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