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Sewing thread of man-made staple fibres, whether or not put up for retail sale

5508 (Harmonized System 1992 for 4-digit)

2023
World Trade $576MRnk 1013 / 1217
2023
Top Exporter | Top Importer $359M | $44.9MChina | Cambodia
2023
Product Complexity -0.86Rnk 820 / 1044
2022 - 2023
Export Growth (CAGR) -20.7%Rnk 1052 / 1217
2023
Share of World Trade 0.0025%Rnk 1013 / 1217

About

Overview This page contains the latest trade data of Non-Retail Artificial Staple Fibers Sewing Thread. In 2023, Non-Retail Artificial Staple Fibers Sewing Thread were the world's 1013th most traded product, with a total trade of $576M. Between 2022 and 2023 the exports of Non-Retail Artificial Staple Fibers Sewing Thread decreased by -20.7%, from $727M to $576M. Trade in Non-Retail Artificial Staple Fibers Sewing Thread represent 0.0025% of total world trade.

Non-Retail Artificial Staple Fibers Sewing Thread are a part of Man-made staple fibres. They include Sewing thread of synthetic staple fibres and Sewing thread of artificial staple fibres.

Exports In 2023 the top exporters of Non-Retail Artificial Staple Fibers Sewing Thread  were China ($359M), Egypt ($33.5M), United States ($17.1M), Turkey ($16.4M), and Hong Kong ($15.9M).

Imports In 2023 the top importers of Non-Retail Artificial Staple Fibers Sewing Thread were Cambodia ($44.9M), Turkey ($36.6M), Vietnam ($36.5M), Russia ($35.3M), and Indonesia ($21.5M).

Ranking Non-Retail Artificial Staple Fibers Sewing Thread ranks 820th in the Product Complexity Index (PCI).

Description Sewing thread of man-made staple fibres is used in many common applications. It is used to sew clothing, as well as many other materials. It is also used to sew together sheets of paper. Sewing thread of man-made staple fibres can be found in many homes and shops.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Non-Retail Artificial Staple Fibers Sewing Thread. 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$359M
Top Destination (2023)Cambodia$44.9M

In 2023 Non-Retail Artificial Staple Fibers Sewing Thread were the world's 1013th most traded product (out of 1,217).

In 2023, the top exporters of Non-Retail Artificial Staple Fibers Sewing Thread were China ($359M), Egypt ($33.5M), United States ($17.1M), Turkey ($16.4M), and Hong Kong ($15.9M).

In 2023, the top importers of Non-Retail Artificial Staple Fibers Sewing Thread were Cambodia ($44.9M), Turkey ($36.6M), Vietnam ($36.5M), Russia ($35.3M), and Indonesia ($21.5M).

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Exporters of Non-Retail Artificial Staple Fibers Sewing Thread (2023)
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Importers of Non-Retail Artificial Staple Fibers Sewing Thread (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$4.92M
Top Destination Growth (2022 -  2023)Iran$5.28M

Between 2022 and 2023, the exports of Non-Retail Artificial Staple Fibers Sewing Thread grew the fastest in United States ($4.92M), United Kingdom ($2.68M), Romania ($1.47M), Mexico ($1.46M), and Germany ($899k).

Between 2022 and 2023, the fastest growing importers of Non-Retail Artificial Staple Fibers Sewing Thread were Iran ($5.28M), Mexico ($4.67M), Brazil ($4.32M), Poland ($3.16M), and United Arab Emirates ($2.85M).

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Exporters of Non-Retail Artificial Staple Fibers Sewing Thread (2022 - 2023)

Importers of Non-Retail Artificial Staple Fibers Sewing Thread (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Non-Retail Artificial Staple Fibers Sewing Thread.

In 2023, market concentration measured using Shannon Entropy, was 2.78. This means that most of the exports of Non-Retail Artificial Staple Fibers Sewing Thread are explained by 6 countries.

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Value of Exports in Non-Retail Artificial Staple Fibers Sewing Thread

Net Trade

TOP NET EXPORTER (2023)China$358M
TOP NET IMPORTER (2023)Cambodia$43.9M

This map shows which countries export or import more of Non-Retail Artificial Staple Fibers Sewing Thread. Each country is colored based on the difference in exports and imports of Non-Retail Artificial Staple Fibers Sewing Thread during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Non-Retail Artificial Staple Fibers Sewing Thread were China ($358M), Egypt ($27M), United States ($4.88M), Germany ($4.84M), and Netherlands ($3.19M).

In 2023, the countries that had a largest trade value in imports than in exports of Non-Retail Artificial Staple Fibers Sewing Thread were Cambodia ($43.9M), Russia ($35.1M), Vietnam ($25.1M), Turkey ($20.2M), and Indonesia ($15.3M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Non-Retail Artificial Staple Fibers Sewing Thread, disaggragated by their HS6 level were Sewing thread of synthetic staple fibres ($561M) and Sewing thread of artificial staple fibres ($14.9M)

HS6 Disaggregation for Non-Retail Artificial Staple Fibers Sewing Thread (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Non-Retail Artificial Staple Fibers Sewing Thread.
It is possible to select the main countries that export or import Non-Retail Artificial Staple Fibers Sewing Thread in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Non-Retail Artificial Staple Fibers Sewing Thread by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $5.99M
TOP IMPORT POTENTIALVietnam+ $135k

Non-Retail Artificial Staple Fibers Sewing Thread’s highest export potential is Russia. With an export gap of $5.99M.  Non-Retail Artificial Staple Fibers Sewing Thread’s highest import potential is Vietnam with an import gap of $135k.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Non-Retail Artificial Staple Fibers Sewing Thread to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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