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551110 (Harmonized System 1992 for 6-digit)

2022
World Trade $358MRnk 3240 / 4648
2022
Top Exporter | Top Importer $151M | $119MTurkey | United States
2022
Product Complexity -1.24Rnk 4059 / 4653
2021 - 2022
Export Growth (CAGR) -15.2%Rnk 4183 / 4648
2022
Share of World Trade 0.0015%Rnk 3240 / 4648

About

Overview This page contains the latest trade data of Yarn >85% synthetic staple fibres, retail, not sewing. In 2022, Yarn >85% synthetic staple fibres, retail, not sewing were the world's 3240th most traded product, with a total trade of $358M. Between 2021 and 2022 the exports of Yarn >85% synthetic staple fibres, retail, not sewing decreased by -15.2%, from $423M to $358M. Trade in Yarn >85% synthetic staple fibres, retail, not sewing represent 0.0015% of total world trade.

Yarn >85% synthetic staple fibres, retail, not sewing are a part of Retail Artificial Staple Fibers Yarn.

Exports In 2022 the top exporters of Yarn >85% synthetic staple fibres, retail, not sewing  were Turkey ($151M), China ($55.4M), India ($37.9M), Canada ($19.5M), and Netherlands ($14.4M).

Imports In 2022 the top importers of Yarn >85% synthetic staple fibres, retail, not sewing were United States ($119M), Canada ($27.2M), United Kingdom ($23.7M), Germany ($21.9M), and France ($12.9M).

Ranking Yarn >85% synthetic staple fibres, retail, not sewing ranks 4059th in the Product Complexity Index (PCI).

Description Yarn with a high percentage of synthetic fibers are most commonly used in retail. They are often cheaper and easier to care for.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn >85% synthetic staple fibres, retail, not sewing. 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)Turkey$151M
Top Destination (2022)United States$119M

In 2022 Yarn >85% synthetic staple fibres, retail, not sewing were the world's 3240th most traded product (out of 4,648).

In 2022, the top exporters of Yarn >85% synthetic staple fibres, retail, not sewing were Turkey ($151M), China ($55.4M), India ($37.9M), Canada ($19.5M), and Netherlands ($14.4M).

In 2022, the top importers of Yarn >85% synthetic staple fibres, retail, not sewing were United States ($119M), Canada ($27.2M), United Kingdom ($23.7M), Germany ($21.9M), and France ($12.9M).

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Exporters of Yarn >85% synthetic staple fibres, retail, not sewing (2022)
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Importers of Yarn >85% synthetic staple fibres, retail, not sewing (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.93M
Top Destination Growth (2021 -  2022)Turkey$5.03M

Between 2021 and 2022, the exports of Yarn >85% synthetic staple fibres, retail, not sewing grew the fastest in China ($1.93M), India ($1.68M), Netherlands ($923k), Egypt ($878k), and Spain ($618k).

Between 2021 and 2022, the fastest growing importers of Yarn >85% synthetic staple fibres, retail, not sewing were Turkey ($5.03M), Bangladesh ($1.26M), Australia ($1.18M), Kyrgyzstan ($952k), and Japan ($927k).

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Exporters of Yarn >85% synthetic staple fibres, retail, not sewing (2021 - 2022)

Importers of Yarn >85% synthetic staple fibres, retail, not sewing (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn >85% synthetic staple fibres, retail, not sewing.

In 2022, market concentration measured using Shannon Entropy, was 3.12. This means that most of the exports of Yarn >85% synthetic staple fibres, retail, not sewing are explained by 8 countries.

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Value of Exports in Yarn >85% synthetic staple fibres, retail, not sewing

Net Trade

TOP NET EXPORTER (2022)Turkey$141M
TOP NET IMPORTER (2022)United States$105M

This map shows which countries export or import more of Yarn >85% synthetic staple fibres, retail, not sewing. Each country is colored based on the difference in exports and imports of Yarn >85% synthetic staple fibres, retail, not sewing during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Yarn >85% synthetic staple fibres, retail, not sewing were Turkey ($141M), China ($55.2M), India ($37.8M), Egypt ($8.29M), and Serbia ($6.26M).

In 2022, the countries that had a largest trade value in imports than in exports of Yarn >85% synthetic staple fibres, retail, not sewing were United States ($105M), United Kingdom ($20.5M), France ($11M), Germany ($10M), and Japan ($9.48M).

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% synthetic staple fibres, retail, not sewing.
It is possible to select the main countries that export or import Yarn >85% synthetic staple fibres, retail, not sewing in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn >85% synthetic staple fibres, retail, not sewing 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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