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551012 (Harmonized System 1992 for 6-digit)

2023
World Trade $141MRnk 3882 / 4644
2023
Top Exporter | Top Importer $54.2M | $52.5MChina | Bangladesh
2023
Product Complexity -0.28Rnk 2939 / 4656
2022 - 2023
Export Growth (CAGR) -12.4%Rnk 2964 / 4644
2023
Share of World Trade 0.00062%Rnk 3882 / 4644

About

Overview This page contains the latest trade data of Yarn >85% artif staple fibres, multiple,not retail,ne. In 2023, Yarn >85% artif staple fibres, multiple,not retail,ne were the world's 3882nd most traded product, with a total trade of $141M. Between 2022 and 2023 the exports of Yarn >85% artif staple fibres, multiple,not retail,ne decreased by -12.4%, from $161M to $141M. Trade in Yarn >85% artif staple fibres, multiple,not retail,ne represent 0.00062% of total world trade.

Yarn >85% artif staple fibres, multiple,not retail,ne are a part of Non-Retail Artificial Staple Fibers Yarn.

Exports In 2023 the top exporters of Yarn >85% artif staple fibres, multiple,not retail,ne  were China ($54.2M), India ($29.6M), Indonesia ($22.7M), Belgium ($12.9M), and Turkey ($3.98M).

Imports In 2023 the top importers of Yarn >85% artif staple fibres, multiple,not retail,ne were Bangladesh ($52.5M), Turkey ($17.4M), France ($13M), Belgium ($8.82M), and Cambodia ($5.39M).

Ranking Yarn >85% artif staple fibres, multiple,not retail,ne ranks 2939th in the Product Complexity Index (PCI).

Description Yarn is made from the spinning of fibres into a thread or yarn, then weaving or knitting that thread or yarn into a fabric. Much of the yarn that is made today is made from synthetic or manufactured fibres.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn >85% artif staple fibres, multiple,not retail,ne. 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$54.2M
Top Destination (2023)Bangladesh$52.5M

In 2023 Yarn >85% artif staple fibres, multiple,not retail,ne were the world's 3882nd most traded product (out of 4,644).

In 2023, the top exporters of Yarn >85% artif staple fibres, multiple,not retail,ne were China ($54.2M), India ($29.6M), Indonesia ($22.7M), Belgium ($12.9M), and Turkey ($3.98M).

In 2023, the top importers of Yarn >85% artif staple fibres, multiple,not retail,ne were Bangladesh ($52.5M), Turkey ($17.4M), France ($13M), Belgium ($8.82M), and Cambodia ($5.39M).

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Exporters of Yarn >85% artif staple fibres, multiple,not retail,ne (2023)
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Importers of Yarn >85% artif staple fibres, multiple,not retail,ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$4.91M
Top Destination Growth (2022 -  2023)France$5.41M

Between 2022 and 2023, the exports of Yarn >85% artif staple fibres, multiple,not retail,ne grew the fastest in Belgium ($4.91M), Hong Kong ($1.57M), Turkey ($610k), Bosnia and Herzegovina ($319k), and United States ($249k).

Between 2022 and 2023, the fastest growing importers of Yarn >85% artif staple fibres, multiple,not retail,ne were France ($5.41M), Hong Kong ($1.27M), China ($1.13M), Morocco ($951k), and Mexico ($859k).

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Exporters of Yarn >85% artif staple fibres, multiple,not retail,ne (2022 - 2023)

Importers of Yarn >85% artif staple fibres, multiple,not retail,ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn >85% artif staple fibres, multiple,not retail,ne.

In 2023, market concentration measured using Shannon Entropy, was 2.76. This means that most of the exports of Yarn >85% artif staple fibres, multiple,not retail,ne are explained by 6 countries.

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Value of Exports in Yarn >85% artif staple fibres, multiple,not retail,ne

Net Trade

TOP NET EXPORTER (2023)China$52.3M
TOP NET IMPORTER (2023)Turkey$13.4M

This map shows which countries export or import more of Yarn >85% artif staple fibres, multiple,not retail,ne. Each country is colored based on the difference in exports and imports of Yarn >85% artif staple fibres, multiple,not retail,ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn >85% artif staple fibres, multiple,not retail,ne were China ($52.3M), India ($26.4M), Indonesia ($21.6M), Belgium ($4.09M), and Nepal ($3.13M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn >85% artif staple fibres, multiple,not retail,ne were Turkey ($13.4M), France ($12.8M), South Korea ($4.65M), Iran ($1.99M), and United Kingdom ($1.8M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Yarn >85% artif staple fibres, multiple,not retail,ne.
It is possible to select the main countries that export or import Yarn >85% artif staple fibres, multiple,not retail,ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn >85% artif staple fibres, multiple,not retail,ne 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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