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Yarn spun from silk waste, not put up for retail sale

5005 (Harmonized System 1992 for 4-digit)

2023
World Trade $83.9MRnk 1178 / 1217
2023
Top Exporter | Top Importer $62.2M | $32.5MChina | Italy
2022 - 2023
Export Growth (CAGR) -15.9%Rnk 931 / 1217
2023
Share of World Trade 0.00037%Rnk 1178 / 1217

About

Overview This page contains the latest trade data of Silk Waste Yarn. In 2023, Silk Waste Yarn were the world's 1178th most traded product, with a total trade of $83.9M. Between 2022 and 2023 the exports of Silk Waste Yarn decreased by -15.9%, from $99.7M to $83.9M. Trade in Silk Waste Yarn represent 0.00037% of total world trade.

Silk Waste Yarn are a part of Silk. They include Yarn spun from silk waste, not retail.

Exports In 2023 the top exporters of Silk Waste Yarn  were China ($62.2M), Italy ($7.72M), Thailand ($3.24M), Switzerland ($1.76M), and India ($1.71M).

Imports In 2023 the top importers of Silk Waste Yarn were Italy ($32.5M), Japan ($12.9M), India ($6.69M), Turkey ($3.97M), and Nepal ($3.49M).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Silk Waste Yarn. 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$62.2M
Top Destination (2023)Italy$32.5M

In 2023 Silk Waste Yarn were the world's 1178th most traded product (out of 1,217).

In 2023, the top exporters of Silk Waste Yarn were China ($62.2M), Italy ($7.72M), Thailand ($3.24M), Switzerland ($1.76M), and India ($1.71M).

In 2023, the top importers of Silk Waste Yarn were Italy ($32.5M), Japan ($12.9M), India ($6.69M), Turkey ($3.97M), and Nepal ($3.49M).

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Exporters of Silk Waste Yarn (2023)
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Importers of Silk Waste Yarn (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Bulgaria$1.6M
Top Destination Growth (2022 -  2023)Romania$2.29M

Between 2022 and 2023, the exports of Silk Waste Yarn grew the fastest in Bulgaria ($1.6M), Italy ($1.23M), Romania ($815k), Germany ($690k), and Slovenia ($553k).

Between 2022 and 2023, the fastest growing importers of Silk Waste Yarn were Romania ($2.29M), Ireland ($1.59M), Denmark ($896k), Turkey ($393k), and Portugal ($354k).

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Exporters of Silk Waste Yarn (2022 - 2023)

Importers of Silk Waste Yarn (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Silk Waste Yarn.

In 2023, market concentration measured using Shannon Entropy, was 1.62. This means that most of the exports of Silk Waste Yarn are explained by 3 countries.

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Value of Exports in Silk Waste Yarn

Net Trade

TOP NET EXPORTER (2023)China$61.1M
TOP NET IMPORTER (2023)Italy$24.8M

This map shows which countries export or import more of Silk Waste Yarn. Each country is colored based on the difference in exports and imports of Silk Waste Yarn during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Silk Waste Yarn were China ($61.1M), Thailand ($2.38M), Switzerland ($1.73M), Bulgaria ($1.4M), and Slovenia ($565k).

In 2023, the countries that had a largest trade value in imports than in exports of Silk Waste Yarn were Italy ($24.8M), Japan ($11.4M), India ($4.98M), Turkey ($3.91M), and Romania ($2.12M).

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 Silk Waste Yarn.
It is possible to select the main countries that export or import Silk Waste Yarn in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Silk Waste Yarn by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Silk Waste Yarn’s highest export potential is N/A. With an export gap of N/A.  Silk Waste Yarn’s highest import potential is N/A with an import gap of N/A.

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 Silk Waste Yarn 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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