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550820 (Harmonized System 1992 for 6-digit)

2023
World Trade $14.9MRnk 4482 / 4644
2023
Top Exporter | Top Importer $6.75M | $1.38MChina | Spain
2023
Product Complexity -1.14Rnk 3945 / 4656
2022 - 2023
Export Growth (CAGR) -76.7%Rnk 4578 / 4644
2023
Share of World Trade <0.01%Rnk 4482 / 4644

About

Overview This page contains the latest trade data of Sewing thread of artificial staple fibres. In 2023, Sewing thread of artificial staple fibres were the world's 4482nd most traded product, with a total trade of $14.9M. Between 2022 and 2023 the exports of Sewing thread of artificial staple fibres decreased by -76.7%, from $64.1M to $14.9M. Trade in Sewing thread of artificial staple fibres represent 0.000066% of total world trade.

Sewing thread of artificial staple fibres are a part of Non-Retail Artificial Staple Fibers Sewing Thread.

Exports In 2023 the top exporters of Sewing thread of artificial staple fibres  were China ($6.75M), Portugal ($1.56M), Malaysia ($963k), Thailand ($566k), and Vietnam ($543k).

Imports In 2023 the top importers of Sewing thread of artificial staple fibres were Spain ($1.38M), Morocco ($1.17M), Vietnam ($984k), Burma ($922k), and Thailand ($643k).

Ranking Sewing thread of artificial staple fibres ranks 3945th in the Product Complexity Index (PCI).

Description The common uses of sewing thread of artificial staple fibres include home sewing, sewing in clothing and other household items, and sewing of upholstery, bedding, cushions, draperies, and similar household items.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sewing thread of artificial staple fibres. 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$6.75M
Top Destination (2023)Spain$1.38M

In 2023 Sewing thread of artificial staple fibres were the world's 4482nd most traded product (out of 4,644).

In 2023, the top exporters of Sewing thread of artificial staple fibres were China ($6.75M), Portugal ($1.56M), Malaysia ($963k), Thailand ($566k), and Vietnam ($543k).

In 2023, the top importers of Sewing thread of artificial staple fibres were Spain ($1.38M), Morocco ($1.17M), Vietnam ($984k), Burma ($922k), and Thailand ($643k).

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Exporters of Sewing thread of artificial staple fibres (2023)
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Importers of Sewing thread of artificial staple fibres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Portugal$925k
Top Destination Decrease (2022 -  2023)Russia-$33.1M

Between 2022 and 2023, the exports of Sewing thread of artificial staple fibres grew the fastest in Portugal ($925k), Malaysia ($747k), Guatemala ($219k), France ($169k), and Sri Lanka ($136k).

Between 2022 and 2023, the fastest declining importers of Sewing thread of artificial staple fibres were Russia (-$33.1M), Kyrgyzstan (-$11.2M), United States (-$2.34M), Italy (-$827k), and Burma (-$705k).

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Exporters of Sewing thread of artificial staple fibres (2022 - 2023)

Importers of Sewing thread of artificial staple fibres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sewing thread of artificial staple fibres.

In 2023, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Sewing thread of artificial staple fibres are explained by 10 countries.

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Value of Exports in Sewing thread of artificial staple fibres

Net Trade

TOP NET EXPORTER (2023)China$6.6M
TOP NET IMPORTER (2023)Spain$1.3M

This map shows which countries export or import more of Sewing thread of artificial staple fibres. Each country is colored based on the difference in exports and imports of Sewing thread of artificial staple fibres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sewing thread of artificial staple fibres were China ($6.6M), Portugal ($1.52M), Malaysia ($897k), Turkey ($416k), and France ($353k).

In 2023, the countries that had a largest trade value in imports than in exports of Sewing thread of artificial staple fibres were Spain ($1.3M), Morocco ($1.16M), Colombia ($549k), Indonesia ($511k), and Nigeria ($469k).

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 Sewing thread of artificial staple fibres.
It is possible to select the main countries that export or import Sewing thread of artificial staple fibres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sewing thread of artificial staple fibres 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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