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Pricing

Articles of yarn, strip or the like of heading no. 5404 or 5405; twine, cordage, rope or cables n.e.c. or included

5609 (Harmonized System 1992 for 4-digit)

2023
World Trade $806MRnk 961 / 1217
2023
Top Exporter | Top Importer $405M | $158MChina | United States
2023
Product Complexity -0.31Rnk 662 / 1044
2022 - 2023
Export Growth (CAGR) -9.61%Rnk 734 / 1217
2023
Share of World Trade 0.0036%Rnk 961 / 1217

About

Overview This page contains the latest trade data of Other Articles of Twine and Rope. In 2023, Other Articles of Twine and Rope were the world's 961st most traded product, with a total trade of $806M. Between 2022 and 2023 the exports of Other Articles of Twine and Rope decreased by -9.61%, from $892M to $806M. Trade in Other Articles of Twine and Rope represent 0.0036% of total world trade.

Other Articles of Twine and Rope are a part of Wadding, felt, nonwovens, twin, ropes, & articles thereof. They include Articles of yarn strip, twine, cordage or rope, nes.

Exports In 2023 the top exporters of Other Articles of Twine and Rope  were China ($405M), United States ($40.6M), Germany ($37.8M), India ($27.9M), and Vietnam ($26.6M).

Imports In 2023 the top importers of Other Articles of Twine and Rope were United States ($158M), Germany ($47.9M), Australia ($40.4M), Vietnam ($36.4M), and Mexico ($35.9M).

Ranking Other Articles of Twine and Rope ranks 662nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Other Articles of Twine and Rope. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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$405M
Top Destination (2023)United States$158M

In 2023 Other Articles of Twine and Rope were the world's 961st most traded product (out of 1,217).

In 2023, the top exporters of Other Articles of Twine and Rope were China ($405M), United States ($40.6M), Germany ($37.8M), India ($27.9M), and Vietnam ($26.6M).

In 2023, the top importers of Other Articles of Twine and Rope were United States ($158M), Germany ($47.9M), Australia ($40.4M), Vietnam ($36.4M), and Mexico ($35.9M).

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Exporters of Other Articles of Twine and Rope (2023)
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Importers of Other Articles of Twine and Rope (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$7.8M
Top Destination Growth (2022 -  2023)Vietnam$13.1M

Between 2022 and 2023, the exports of Other Articles of Twine and Rope grew the fastest in Hong Kong ($7.8M), United States ($7.24M), United Kingdom ($6.9M), Denmark ($4.64M), and Cambodia ($2.25M).

Between 2022 and 2023, the fastest growing importers of Other Articles of Twine and Rope were Vietnam ($13.1M), Saudi Arabia ($11.2M), Mexico ($4.78M), Canada ($4.07M), and United Arab Emirates ($3.58M).

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Exporters of Other Articles of Twine and Rope (2022 - 2023)

Importers of Other Articles of Twine and Rope (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Articles of Twine and Rope.

In 2023, market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Other Articles of Twine and Rope are explained by 11 countries.

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Value of Exports in Other Articles of Twine and Rope

Net Trade

TOP NET EXPORTER (2023)China$395M
TOP NET IMPORTER (2023)United States$117M

This map shows which countries export or import more of Other Articles of Twine and Rope. Each country is colored based on the difference in exports and imports of Other Articles of Twine and Rope during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Articles of Twine and Rope were China ($395M), India ($24.3M), Chinese Taipei ($12.6M), Hong Kong ($9.34M), and Georgia ($6.64M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Articles of Twine and Rope were United States ($117M), Australia ($39.2M), Japan ($26.3M), Mexico ($25.6M), and Canada ($23.1M).

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 Other Articles of Twine and Rope.
It is possible to select the main countries that export or import Other Articles of Twine and Rope in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Articles of Twine and Rope by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALVietnam+ $3.65M
TOP IMPORT POTENTIALUnited States+ $298k

Other Articles of Twine and Rope’s highest export potential is Vietnam. With an export gap of $3.65M.  Other Articles of Twine and Rope’s highest import potential is United States with an import gap of $298k.

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 Other Articles of Twine and Rope 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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