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551110 (Harmonized System 1992 for 6-digit)

2023
World Trade $397MRnk 3072 / 4644
2023
Top Exporter | Top Importer $197M | $150MTurkey | United States
2023
Product Complexity -1.01Rnk 3824 / 4656
2022 - 2023
Export Growth (CAGR) 7.19%Rnk 857 / 4644
2023
Share of World Trade 0.0018%Rnk 3072 / 4644

About

Overview This page contains the latest trade data of Yarn >85% synthetic staple fibres, retail, not sewing. In 2023, Yarn >85% synthetic staple fibres, retail, not sewing were the world's 3072nd most traded product, with a total trade of $397M. Between 2022 and 2023 the exports of Yarn >85% synthetic staple fibres, retail, not sewing grew by 7.19%, from $370M to $397M. Trade in Yarn >85% synthetic staple fibres, retail, not sewing represent 0.0018% of total world trade.

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

Exports In 2023 the top exporters of Yarn >85% synthetic staple fibres, retail, not sewing  were Turkey ($197M), China ($68.6M), India ($43.3M), Canada ($15.2M), and Netherlands ($14.7M).

Imports In 2023 the top importers of Yarn >85% synthetic staple fibres, retail, not sewing were United States ($150M), Canada ($31M), United Kingdom ($27M), Germany ($23.9M), and France ($17.7M).

Ranking Yarn >85% synthetic staple fibres, retail, not sewing ranks 3824th 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 (2023)Turkey$197M
Top Destination (2023)United States$150M

In 2023 Yarn >85% synthetic staple fibres, retail, not sewing were the world's 3072nd most traded product (out of 4,644).

In 2023, the top exporters of Yarn >85% synthetic staple fibres, retail, not sewing were Turkey ($197M), China ($68.6M), India ($43.3M), Canada ($15.2M), and Netherlands ($14.7M).

In 2023, the top importers of Yarn >85% synthetic staple fibres, retail, not sewing were United States ($150M), Canada ($31M), United Kingdom ($27M), Germany ($23.9M), and France ($17.7M).

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Exporters of Yarn >85% synthetic staple fibres, retail, not sewing (2023)
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Importers of Yarn >85% synthetic staple fibres, retail, not sewing (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$27.8M
Top Destination Growth (2022 -  2023)United States$30.8M

Between 2022 and 2023, the exports of Yarn >85% synthetic staple fibres, retail, not sewing grew the fastest in Turkey ($27.8M), Netherlands ($4.22M), Canada ($1.48M), Serbia ($1.43M), and Slovakia ($1.27M).

Between 2022 and 2023, the fastest growing importers of Yarn >85% synthetic staple fibres, retail, not sewing were United States ($30.8M), France ($6.95M), Ghana ($2.23M), United Kingdom ($2.06M), and Poland ($1.87M).

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Exporters of Yarn >85% synthetic staple fibres, retail, not sewing (2022 - 2023)

Importers of Yarn >85% synthetic staple fibres, retail, not sewing (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.66. This means that most of the exports of Yarn >85% synthetic staple fibres, retail, not sewing are explained by 6 countries.

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

Net Trade

TOP NET EXPORTER (2023)Turkey$188M
TOP NET IMPORTER (2023)United States$146M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn >85% synthetic staple fibres, retail, not sewing were Turkey ($188M), China ($68.5M), India ($43.2M), Egypt ($9.64M), and Serbia ($7.56M).

In 2023, 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 ($146M), United Kingdom ($25M), Germany ($17.4M), France ($15.9M), and Canada ($15.8M).

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% 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 (2023)

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