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551130 (Harmonized System 1992 for 6-digit)

2023
World Trade $20.6MRnk 4458 / 4644
2023
Top Exporter | Top Importer $7.8M | $2.94MChina | Ghana
2023
Product Complexity -0.85Rnk 3664 / 4656
2022 - 2023
Export Growth (CAGR) -5.28%Rnk 2132 / 4644
2023
Share of World Trade <0.01%Rnk 4458 / 4644

About

Overview This page contains the latest trade data of Yarn of artificial fibres except sewing thread, retai. In 2023, Yarn of artificial fibres except sewing thread, retai were the world's 4458th most traded product, with a total trade of $20.6M. Between 2022 and 2023 the exports of Yarn of artificial fibres except sewing thread, retai decreased by -5.28%, from $21.8M to $20.6M. Trade in Yarn of artificial fibres except sewing thread, retai represent 0.000091% of total world trade.

Yarn of artificial fibres except sewing thread, retai are a part of Retail Artificial Staple Fibers Yarn.

Exports In 2023 the top exporters of Yarn of artificial fibres except sewing thread, retai  were China ($7.8M), Turkey ($4.64M), United States ($1.41M), Italy ($1.35M), and Germany ($606k).

Imports In 2023 the top importers of Yarn of artificial fibres except sewing thread, retai were Ghana ($2.94M), Germany ($1.46M), United States ($1.34M), Italy ($1.09M), and Indonesia ($1.08M).

Ranking Yarn of artificial fibres except sewing thread, retai ranks 3664th in the Product Complexity Index (PCI).

Description Yarns of artificial fibres are used in carpeting, upholstery, insulation, and other household applications.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of artificial fibres except sewing thread, 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)China$7.8M
Top Destination (2023)Ghana$2.94M

In 2023 Yarn of artificial fibres except sewing thread, retai were the world's 4458th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of artificial fibres except sewing thread, retai were China ($7.8M), Turkey ($4.64M), United States ($1.41M), Italy ($1.35M), and Germany ($606k).

In 2023, the top importers of Yarn of artificial fibres except sewing thread, retai were Ghana ($2.94M), Germany ($1.46M), United States ($1.34M), Italy ($1.09M), and Indonesia ($1.08M).

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Exporters of Yarn of artificial fibres except sewing thread, retai (2023)
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Importers of Yarn of artificial fibres except sewing thread, retai (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$746k
Top Destination Growth (2022 -  2023)Slovenia$967k

Between 2022 and 2023, the exports of Yarn of artificial fibres except sewing thread, retai grew the fastest in United States ($746k), China ($353k), Portugal ($282k), Oman ($251k), and Egypt ($242k).

Between 2022 and 2023, the fastest growing importers of Yarn of artificial fibres except sewing thread, retai were Slovenia ($967k), Germany ($632k), Ghana ($616k), Morocco ($377k), and Portugal ($307k).

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Exporters of Yarn of artificial fibres except sewing thread, retai (2022 - 2023)

Importers of Yarn of artificial fibres except sewing thread, retai (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of artificial fibres except sewing thread, retai.

In 2023, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Yarn of artificial fibres except sewing thread, retai are explained by 9 countries.

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Value of Exports in Yarn of artificial fibres except sewing thread, retai

Net Trade

TOP NET EXPORTER (2023)China$7.71M
TOP NET IMPORTER (2023)Indonesia$1.03M

This map shows which countries export or import more of Yarn of artificial fibres except sewing thread, retai. Each country is colored based on the difference in exports and imports of Yarn of artificial fibres except sewing thread, retai during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of artificial fibres except sewing thread, retai were China ($7.71M), Turkey ($4.18M), Egypt ($429k), Zambia ($422k), and Italy ($268k).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of artificial fibres except sewing thread, retai were Indonesia ($1.03M), Germany ($851k), Slovenia ($798k), Morocco ($796k), and Mexico ($700k).

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 artificial fibres except sewing thread, retai.
It is possible to select the main countries that export or import Yarn of artificial fibres except sewing thread, retai in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of artificial fibres except sewing thread, 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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