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550190 (Harmonized System 1992 for 6-digit)

2023
World Trade $132MRnk 3924 / 4644
2023
Top Exporter | Top Importer $29.1M | $29.1MSouth Korea | Kenya
2023
Product Complexity 0.023Rnk 2514 / 4656
2022 - 2023
Export Growth (CAGR) -7.11%Rnk 2364 / 4644
2023
Share of World Trade 0.00059%Rnk 3924 / 4644

About

Overview This page contains the latest trade data of Synthetic filament tow, nes. In 2023, Synthetic filament tow, nes were the world's 3924th most traded product, with a total trade of $132M. Between 2022 and 2023 the exports of Synthetic filament tow, nes decreased by -7.11%, from $142M to $132M. Trade in Synthetic filament tow, nes represent 0.00059% of total world trade.

Synthetic filament tow, nes are a part of Synthetic Filament Tow.

Exports In 2023 the top exporters of Synthetic filament tow, nes  were South Korea ($29.1M), China ($22.4M), Japan ($15M), United States ($14.8M), and South Africa ($11.6M).

Imports In 2023 the top importers of Synthetic filament tow, nes were Kenya ($29.1M), Germany ($17.4M), Tanzania ($16.2M), United States ($10.1M), and Israel ($9.34M).

Ranking Synthetic filament tow, nes ranks 2514th in the Product Complexity Index (PCI).

Description Synthetic filament tow is made from a monofilament nylon yarn, but is much stronger than cotton tow, which is made from cotton yarn. Synthetic filament tow is often used for making fishing line because of its strength and durability.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Synthetic filament tow, nes. 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)South Korea$29.1M
Top Destination (2023)Kenya$29.1M

In 2023 Synthetic filament tow, nes were the world's 3924th most traded product (out of 4,644).

In 2023, the top exporters of Synthetic filament tow, nes were South Korea ($29.1M), China ($22.4M), Japan ($15M), United States ($14.8M), and South Africa ($11.6M).

In 2023, the top importers of Synthetic filament tow, nes were Kenya ($29.1M), Germany ($17.4M), Tanzania ($16.2M), United States ($10.1M), and Israel ($9.34M).

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Exporters of Synthetic filament tow, nes (2023)
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Importers of Synthetic filament tow, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Saudi Arabia$2.72M
Top Destination Growth (2022 -  2023)Bangladesh$1.85M

Between 2022 and 2023, the exports of Synthetic filament tow, nes grew the fastest in Saudi Arabia ($2.72M), United States ($2.13M), Hungary ($1.52M), Germany ($1M), and China ($677k).

Between 2022 and 2023, the fastest growing importers of Synthetic filament tow, nes were Bangladesh ($1.85M), Burma ($1.78M), Thailand ($1.76M), Israel ($1.69M), and Tanzania ($1.58M).

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Exporters of Synthetic filament tow, nes (2022 - 2023)

Importers of Synthetic filament tow, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic filament tow, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Synthetic filament tow, nes are explained by 11 countries.

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Value of Exports in Synthetic filament tow, nes

Net Trade

TOP NET EXPORTER (2023)South Korea$28.3M
TOP NET IMPORTER (2023)Kenya$29.1M

This map shows which countries export or import more of Synthetic filament tow, nes. Each country is colored based on the difference in exports and imports of Synthetic filament tow, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Synthetic filament tow, nes were South Korea ($28.3M), China ($17.8M), Japan ($14.4M), South Africa ($9.89M), and Hungary ($8.54M).

In 2023, the countries that had a largest trade value in imports than in exports of Synthetic filament tow, nes were Kenya ($29.1M), Tanzania ($16.1M), Germany ($11.8M), Israel ($9.34M), and Italy ($4.5M).

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 Synthetic filament tow, nes.
It is possible to select the main countries that export or import Synthetic filament tow, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synthetic filament tow, nes 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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