551012 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Yarn >85% artif staple fibres, multiple,not retail,ne. In 2022, Yarn >85% artif staple fibres, multiple,not retail,ne were the world's 3805th most traded product, with a total trade of $177M. Between 2021 and 2022 the exports of Yarn >85% artif staple fibres, multiple,not retail,ne decreased by -1.28%, from $179M to $177M. Trade in Yarn >85% artif staple fibres, multiple,not retail,ne represent 0.00075% 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 2022 the top exporters of Yarn >85% artif staple fibres, multiple,not retail,ne  were China ($89M), India ($29.7M), Indonesia ($25.3M), Belgium ($12.3M), and Italy ($3.09M).

Imports In 2022 the top importers of Yarn >85% artif staple fibres, multiple,not retail,ne were Bangladesh ($72.1M), Turkey ($18.3M), Guatemala ($12.8M), France ($12M), and Belgium ($9.59M).

Ranking Yarn >85% artif staple fibres, multiple,not retail,ne ranks 2904th 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 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 (2022)China$89M
Top Destination (2022)Bangladesh$72.1M

In 2022 Yarn >85% artif staple fibres, multiple,not retail,ne were the world's 3805th most traded product (out of 4,648).

In 2022, the top exporters of Yarn >85% artif staple fibres, multiple,not retail,ne were China ($89M), India ($29.7M), Indonesia ($25.3M), Belgium ($12.3M), and Italy ($3.09M).

In 2022, the top importers of Yarn >85% artif staple fibres, multiple,not retail,ne were Bangladesh ($72.1M), Turkey ($18.3M), Guatemala ($12.8M), France ($12M), and Belgium ($9.59M).

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Exporters of Yarn >85% artif staple fibres, multiple,not retail,ne (2022)
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Importers of Yarn >85% artif staple fibres, multiple,not retail,ne (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$18.9M
Top Destination Growth (2021 -  2022)Bangladesh$14.5M

Between 2021 and 2022, the exports of Yarn >85% artif staple fibres, multiple,not retail,ne grew the fastest in China ($18.9M), Indonesia ($1.16M), Vietnam ($621k), Pakistan ($603k), and Turkey ($436k).

Between 2021 and 2022, the fastest growing importers of Yarn >85% artif staple fibres, multiple,not retail,ne were Bangladesh ($14.5M), Guatemala ($3.68M), Cambodia ($2.17M), Vietnam ($1.49M), and Morocco ($1.29M).

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Exporters of Yarn >85% artif staple fibres, multiple,not retail,ne (2021 - 2022)

Importers of Yarn >85% artif staple fibres, multiple,not retail,ne (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 2.43. This means that most of the exports of Yarn >85% artif staple fibres, multiple,not retail,ne are explained by 5 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$87.8M
TOP NET IMPORTER (2022)Turkey$15.2M

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 2022.

In 2022, 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 ($87.8M), India ($26.8M), Indonesia ($23.6M), Nepal ($3.03M), and Belgium ($2.76M).

In 2022, 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 ($15.2M), France ($11.8M), South Korea ($4.54M), Italy ($2.54M), and Spain ($2.27M).

Net Trade (2022)

Country Comparison

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Ranking

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 (2022)

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