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Pricing

540110 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.01BRnk 2104 / 4644
2023
Top Exporter | Top Importer $339M | $70.4MChina | Germany
2023
Product Complexity -0.53Rnk 3264 / 4656
2022 - 2023
Export Growth (CAGR) -11.1%Rnk 2824 / 4644
2023
Share of World Trade 0.0045%Rnk 2104 / 4644

About

Overview This page contains the latest trade data of Sewing thread of synthetic filaments. In 2023, Sewing thread of synthetic filaments were the world's 2104th most traded product, with a total trade of $1.01B. Between 2022 and 2023 the exports of Sewing thread of synthetic filaments decreased by -11.1%, from $1.13B to $1.01B. Trade in Sewing thread of synthetic filaments represent 0.0045% of total world trade.

Sewing thread of synthetic filaments are a part of Artificial Filament Sewing Thread.

Exports In 2023 the top exporters of Sewing thread of synthetic filaments  were China ($339M), Germany ($149M), United States ($50M), Turkey ($41.2M), and United Kingdom ($40.2M).

Imports In 2023 the top importers of Sewing thread of synthetic filaments were Germany ($70.4M), Vietnam ($60.3M), Mexico ($48.7M), Italy ($46.4M), and United States ($41.3M).

Ranking Sewing thread of synthetic filaments ranks 3264th in the Product Complexity Index (PCI).

Description Sewing thread is a popular material for making clothes of all types, as it can be woven into a fabric with many different qualities. Sewing thread is made of a variety of synthetic fibers including polyester, nylon, and rayon. These threads are popular because they are strong and durable, and can be made in a variety of thicknesses.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sewing thread of synthetic filaments. 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$339M
Top Destination (2023)Germany$70.4M

In 2023 Sewing thread of synthetic filaments were the world's 2104th most traded product (out of 4,644).

In 2023, the top exporters of Sewing thread of synthetic filaments were China ($339M), Germany ($149M), United States ($50M), Turkey ($41.2M), and United Kingdom ($40.2M).

In 2023, the top importers of Sewing thread of synthetic filaments were Germany ($70.4M), Vietnam ($60.3M), Mexico ($48.7M), Italy ($46.4M), and United States ($41.3M).

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Exporters of Sewing thread of synthetic filaments (2023)
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Importers of Sewing thread of synthetic filaments (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$15.1M
Top Destination Growth (2022 -  2023)Italy$8.32M

Between 2022 and 2023, the exports of Sewing thread of synthetic filaments grew the fastest in Germany ($15.1M), Spain ($6.66M), Turkey ($5.06M), United Kingdom ($4.5M), and Netherlands ($3.92M).

Between 2022 and 2023, the fastest growing importers of Sewing thread of synthetic filaments were Italy ($8.32M), Albania ($6M), United States ($4.42M), Kazakhstan ($4.13M), and Spain ($3.53M).

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Exporters of Sewing thread of synthetic filaments (2022 - 2023)

Importers of Sewing thread of synthetic filaments (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sewing thread of synthetic filaments.

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Sewing thread of synthetic filaments are explained by 15 countries.

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Value of Exports in Sewing thread of synthetic filaments

Net Trade

TOP NET EXPORTER (2023)China$310M
TOP NET IMPORTER (2023)Vietnam$34.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Sewing thread of synthetic filaments were China ($310M), Germany ($78.2M), United Kingdom ($27M), Turkey ($23.8M), and Honduras ($12.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Sewing thread of synthetic filaments were Vietnam ($34.3M), Mexico ($34.2M), Cambodia ($31M), Nicaragua ($22.4M), and Tunisia ($17.8M).

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

Top 10 Exporters Countries of Sewing thread of synthetic filaments 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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