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560811 (Harmonized System 1992 for 6-digit)

2023
World Trade $817MRnk 2331 / 4644
2023
Top Exporter | Top Importer $340M | $63.5MChina | South Korea
2023
Product Complexity -0.77Rnk 3575 / 4656
2022 - 2023
Export Growth (CAGR) -9.18%Rnk 2603 / 4644
2023
Share of World Trade 0.0036%Rnk 2331 / 4644

About

Overview This page contains the latest trade data of Made up fishing nets, of manmade textile materials. In 2023, Made up fishing nets, of manmade textile materials were the world's 2331st most traded product, with a total trade of $817M. Between 2022 and 2023 the exports of Made up fishing nets, of manmade textile materials decreased by -9.18%, from $900M to $817M. Trade in Made up fishing nets, of manmade textile materials represent 0.0036% 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 2023 the top exporters of Made up fishing nets, of manmade textile materials  were China ($340M), Thailand ($76.5M), India ($65.2M), Lithuania ($39.9M), and Vietnam ($38.3M).

Imports In 2023 the top importers of Made up fishing nets, of manmade textile materials were South Korea ($63.5M), Vietnam ($57.1M), Norway ($55.1M), Chile ($32.1M), and Denmark ($31.7M).

Ranking Made up fishing nets, of manmade textile materials ranks 3575th 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 (2023)China$340M
Top Destination (2023)South Korea$63.5M

In 2023 Made up fishing nets, of manmade textile materials were the world's 2331st most traded product (out of 4,644).

In 2023, the top exporters of Made up fishing nets, of manmade textile materials were China ($340M), Thailand ($76.5M), India ($65.2M), Lithuania ($39.9M), and Vietnam ($38.3M).

In 2023, the top importers of Made up fishing nets, of manmade textile materials were South Korea ($63.5M), Vietnam ($57.1M), Norway ($55.1M), Chile ($32.1M), and Denmark ($31.7M).

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Exporters of Made up fishing nets, of manmade textile materials (2023)
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Importers of Made up fishing nets, of manmade textile materials (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$15.9M
Top Destination Growth (2022 -  2023)Vietnam$37.2M

Between 2022 and 2023, the exports of Made up fishing nets, of manmade textile materials grew the fastest in China ($15.9M), Spain ($3.5M), Portugal ($3.07M), Japan ($2.56M), and Togo ($2.1M).

Between 2022 and 2023, the fastest growing importers of Made up fishing nets, of manmade textile materials were Vietnam ($37.2M), Angola ($13.6M), Tanzania ($7.69M), Denmark ($7.47M), and United Kingdom ($5.05M).

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Exporters of Made up fishing nets, of manmade textile materials (2022 - 2023)

Importers of Made up fishing nets, of manmade textile materials (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Made up fishing nets, of manmade textile materials are explained by 11 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$338M
TOP NET IMPORTER (2023)South Korea$60.5M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Made up fishing nets, of manmade textile materials were China ($338M), Thailand ($71.1M), India ($42.7M), Lithuania ($31M), and Portugal ($27.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Made up fishing nets, of manmade textile materials were South Korea ($60.5M), Norway ($38.1M), Chile ($30M), Ghana ($26.1M), and Angola ($25.5M).

Net Trade (2023)

Country Comparison

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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 (2023)

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