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551120 (Harmonized System 1992 for 6-digit)

2022
World Trade $90.9MRnk 4147 / 4648
2022
Top Exporter | Top Importer $37.5M | $10.2MTurkey | United States
2022
Product Complexity -0.56Rnk 3298 / 4653
2021 - 2022
Export Growth (CAGR) -13.4%Rnk 4114 / 4648
2022
Share of World Trade 0.00038%Rnk 4147 / 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 4147th most traded product, with a total trade of $90.9M. Between 2021 and 2022 the exports of Yarn <85% synthetic staple fibres, retail not sewing decreased by -13.4%, from $105M to $90.9M. Trade in Yarn <85% synthetic staple fibres, retail not sewing represent 0.00038% of total world trade.

Exports In 2022 the top exporters of Yarn <85% synthetic staple fibres, retail not sewing  were Turkey ($37.5M), China ($20.3M), Italy ($4.82M), Germany ($4.15M), and United States ($2.81M).

Imports In 2022 the top importers of Yarn <85% synthetic staple fibres, retail not sewing were United States ($10.2M), Belarus ($6.97M), Germany ($5.32M), Russia ($4.46M), and France ($4.41M).

Ranking Yarn <85% synthetic staple fibres, retail not sewing ranks 3298th in the Product Complexity Index (PCI).

Description In the textile industry, yarn is used for many purposes. Yarn is used to weave fabric and knit fabric. Yarn is also used for knitting wool for garments. In the garment industry, yarn is used to knit sweaters, socks, and hats.

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$37.5M
Top Destination (2022)United States$10.2M

In 2022 Yarn <85% synthetic staple fibres, retail not sewing were the world's 4147th most traded product (out of 4,648).

In 2022, the top exporters of Yarn <85% synthetic staple fibres, retail not sewing were Turkey ($37.5M), China ($20.3M), Italy ($4.82M), Germany ($4.15M), and United States ($2.81M).

In 2022, the top importers of Yarn <85% synthetic staple fibres, retail not sewing were United States ($10.2M), Belarus ($6.97M), Germany ($5.32M), Russia ($4.46M), and France ($4.41M).

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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$2.46M
Top Destination Growth (2021 -  2022)Uzbekistan$2.77M

Between 2021 and 2022, the exports of Yarn <85% synthetic staple fibres, retail not sewing grew the fastest in China ($2.46M), United States ($672k), Bulgaria ($547k), Austria ($508k), and Vietnam ($337k).

Between 2021 and 2022, the fastest growing importers of Yarn <85% synthetic staple fibres, retail not sewing were Uzbekistan ($2.77M), Togo ($818k), South Korea ($728k), Italy ($615k), and Cambodia ($589k).

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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 3.08. 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$37.4M
TOP NET IMPORTER (2022)United States$7.38M

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 ($37.4M), China ($20.3M), India ($2.2M), Peru ($1.96M), and Italy ($1.79M).

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 ($7.38M), Russia ($4.37M), United Kingdom ($3.07M), France ($2.71M), and Netherlands ($2.49M).

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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