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580429 (Harmonized System 1992 for 6-digit)

2023
World Trade $146MRnk 3859 / 4644
2023
Top Exporter | Top Importer $81.6M | $22.8MChina | Sri Lanka
2023
Product Complexity -1.04Rnk 3857 / 4656
2022 - 2023
Export Growth (CAGR) -26%Rnk 4059 / 4644
2023
Share of World Trade 0.00065%Rnk 3859 / 4644

About

Overview This page contains the latest trade data of Mechanical lace, other material (piece, strip, motif). In 2023, Mechanical lace, other material (piece, strip, motif) were the world's 3859th most traded product, with a total trade of $146M. Between 2022 and 2023 the exports of Mechanical lace, other material (piece, strip, motif) decreased by -26%, from $198M to $146M. Trade in Mechanical lace, other material (piece, strip, motif) represent 0.00065% of total world trade.

Mechanical lace, other material (piece, strip, motif) are a part of Tulles and Net Fabric.

Exports In 2023 the top exporters of Mechanical lace, other material (piece, strip, motif)  were China ($81.6M), France ($10.9M), Hong Kong ($8.73M), Turkey ($6.87M), and India ($5.68M).

Imports In 2023 the top importers of Mechanical lace, other material (piece, strip, motif) were Sri Lanka ($22.8M), Cambodia ($13.3M), South Africa ($8.16M), Indonesia ($7.28M), and France ($6.64M).

Ranking Mechanical lace, other material (piece, strip, motif) ranks 3857th in the Product Complexity Index (PCI).

Description Mechanical lace is made with metal pins and a lace base. It is usually made from silk, cotton, or nylon, and is being used in garments and accessories.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mechanical lace, other material (piece, strip, motif). 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$81.6M
Top Destination (2023)Sri Lanka$22.8M

In 2023 Mechanical lace, other material (piece, strip, motif) were the world's 3859th most traded product (out of 4,644).

In 2023, the top exporters of Mechanical lace, other material (piece, strip, motif) were China ($81.6M), France ($10.9M), Hong Kong ($8.73M), Turkey ($6.87M), and India ($5.68M).

In 2023, the top importers of Mechanical lace, other material (piece, strip, motif) were Sri Lanka ($22.8M), Cambodia ($13.3M), South Africa ($8.16M), Indonesia ($7.28M), and France ($6.64M).

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Exporters of Mechanical lace, other material (piece, strip, motif) (2023)
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Importers of Mechanical lace, other material (piece, strip, motif) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$1.37M
Top Destination Growth (2022 -  2023)South Africa$5.94M

Between 2022 and 2023, the exports of Mechanical lace, other material (piece, strip, motif) grew the fastest in India ($1.37M), Mauritius ($344k), Spain ($278k), Bosnia and Herzegovina ($225k), and Egypt ($221k).

Between 2022 and 2023, the fastest growing importers of Mechanical lace, other material (piece, strip, motif) were South Africa ($5.94M), Morocco ($2.38M), Greece ($991k), Algeria ($786k), and United Arab Emirates ($612k).

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Exporters of Mechanical lace, other material (piece, strip, motif) (2022 - 2023)

Importers of Mechanical lace, other material (piece, strip, motif) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mechanical lace, other material (piece, strip, motif).

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Mechanical lace, other material (piece, strip, motif) are explained by 7 countries.

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Value of Exports in Mechanical lace, other material (piece, strip, motif)

Net Trade

TOP NET EXPORTER (2023)China$80.4M
TOP NET IMPORTER (2023)Sri Lanka$22.3M

This map shows which countries export or import more of Mechanical lace, other material (piece, strip, motif). Each country is colored based on the difference in exports and imports of Mechanical lace, other material (piece, strip, motif) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Mechanical lace, other material (piece, strip, motif) were China ($80.4M), Hong Kong ($7.46M), Turkey ($6.71M), France ($4.25M), and Chinese Taipei ($3.41M).

In 2023, the countries that had a largest trade value in imports than in exports of Mechanical lace, other material (piece, strip, motif) were Sri Lanka ($22.3M), Cambodia ($13.3M), South Africa ($8.09M), Indonesia ($6.64M), and Bangladesh ($5.08M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Mechanical lace, other material (piece, strip, motif).
It is possible to select the main countries that export or import Mechanical lace, other material (piece, strip, motif) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mechanical lace, other material (piece, strip, motif) 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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