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550961 (Harmonized System 1992 for 6-digit)

2023
World Trade $129MRnk 3939 / 4644
2023
Top Exporter | Top Importer $30.5M | $31MRomania | Italy
2023
Product Complexity 0.015Rnk 2522 / 4656
2022 - 2023
Export Growth (CAGR) -6.48%Rnk 2272 / 4644
2023
Share of World Trade 0.00057%Rnk 3939 / 4644

About

Overview This page contains the latest trade data of Yarn of acrylic staple fibre & wool or hair,not retai. In 2023, Yarn of acrylic staple fibre & wool or hair,not retai were the world's 3939th most traded product, with a total trade of $129M. Between 2022 and 2023 the exports of Yarn of acrylic staple fibre & wool or hair,not retai decreased by -6.48%, from $138M to $129M. Trade in Yarn of acrylic staple fibre & wool or hair,not retai represent 0.00057% of total world trade.

Yarn of acrylic staple fibre & wool or hair,not retai are a part of Non-Retail Synthetic Staple Fibers Yarn.

Exports In 2023 the top exporters of Yarn of acrylic staple fibre & wool or hair,not retai  were Romania ($30.5M), Italy ($30.2M), China ($18.4M), Bulgaria ($12.7M), and Turkey ($8.68M).

Imports In 2023 the top importers of Yarn of acrylic staple fibre & wool or hair,not retai were Italy ($31M), Turkey ($9.89M), Bangladesh ($7.76M), Japan ($6.04M), and Romania ($5.35M).

Ranking Yarn of acrylic staple fibre & wool or hair,not retai ranks 2522nd in the Product Complexity Index (PCI).

Description Advantages of Acrylic: • Easy to dye • Soft to the touch • Strong • Does not absorb water Advantages of wool: • Absorbs water • Brittle • Fuzzy • Odor resistant • Insulates heat

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of acrylic staple fibre & wool or hair,not retai. 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)Romania$30.5M
Top Destination (2023)Italy$31M

In 2023 Yarn of acrylic staple fibre & wool or hair,not retai were the world's 3939th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of acrylic staple fibre & wool or hair,not retai were Romania ($30.5M), Italy ($30.2M), China ($18.4M), Bulgaria ($12.7M), and Turkey ($8.68M).

In 2023, the top importers of Yarn of acrylic staple fibre & wool or hair,not retai were Italy ($31M), Turkey ($9.89M), Bangladesh ($7.76M), Japan ($6.04M), and Romania ($5.35M).

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Exporters of Yarn of acrylic staple fibre & wool or hair,not retai (2023)
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Importers of Yarn of acrylic staple fibre & wool or hair,not retai (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$2.92M
Top Destination Growth (2022 -  2023)Pakistan$1.32M

Between 2022 and 2023, the exports of Yarn of acrylic staple fibre & wool or hair,not retai grew the fastest in Romania ($2.92M), Hong Kong ($1.59M), Turkey ($589k), Austria ($463k), and Peru ($406k).

Between 2022 and 2023, the fastest growing importers of Yarn of acrylic staple fibre & wool or hair,not retai were Pakistan ($1.32M), Japan ($1.27M), Vietnam ($1.2M), Czechia ($647k), and Morocco ($643k).

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Exporters of Yarn of acrylic staple fibre & wool or hair,not retai (2022 - 2023)

Importers of Yarn of acrylic staple fibre & wool or hair,not retai (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of acrylic staple fibre & wool or hair,not retai.

In 2023, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Yarn of acrylic staple fibre & wool or hair,not retai are explained by 9 countries.

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Value of Exports in Yarn of acrylic staple fibre & wool or hair,not retai

Net Trade

TOP NET EXPORTER (2023)Romania$25.1M
TOP NET IMPORTER (2023)Japan$5.17M

This map shows which countries export or import more of Yarn of acrylic staple fibre & wool or hair,not retai. Each country is colored based on the difference in exports and imports of Yarn of acrylic staple fibre & wool or hair,not retai during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of acrylic staple fibre & wool or hair,not retai were Romania ($25.1M), China ($13.6M), Bulgaria ($10.2M), Indonesia ($8.02M), and India ($1.69M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of acrylic staple fibre & wool or hair,not retai were Japan ($5.17M), Portugal ($4.22M), South Korea ($3.88M), Russia ($3.46M), and Pakistan ($3.13M).

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 of acrylic staple fibre & wool or hair,not retai.
It is possible to select the main countries that export or import Yarn of acrylic staple fibre & wool or hair,not retai in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of acrylic staple fibre & wool or hair,not retai 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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