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551090 (Harmonized System 1992 for 6-digit)

2023
World Trade $290MRnk 3374 / 4644
2023
Top Exporter | Top Importer $178M | $83.5MChina | Bangladesh
2023
Product Complexity -0.2Rnk 2844 / 4656
2022 - 2023
Export Growth (CAGR) -12.7%Rnk 3004 / 4644
2023
Share of World Trade 0.0013%Rnk 3374 / 4644

About

Overview This page contains the latest trade data of Yarn of artificial staple fibres, not retail, nes. In 2023, Yarn of artificial staple fibres, not retail, nes were the world's 3374th most traded product, with a total trade of $290M. Between 2022 and 2023 the exports of Yarn of artificial staple fibres, not retail, nes decreased by -12.7%, from $332M to $290M. Trade in Yarn of artificial staple fibres, not retail, nes represent 0.0013% of total world trade.

Yarn of artificial staple fibres, not retail, nes are a part of Non-Retail Artificial Staple Fibers Yarn.

Exports In 2023 the top exporters of Yarn of artificial staple fibres, not retail, nes  were China ($178M), Italy ($16.4M), Turkey ($12.7M), Vietnam ($12.1M), and Bulgaria ($11.9M).

Imports In 2023 the top importers of Yarn of artificial staple fibres, not retail, nes were Bangladesh ($83.5M), Italy ($34.7M), Cambodia ($24M), Turkey ($11.6M), and Vietnam ($11.1M).

Ranking Yarn of artificial staple fibres, not retail, nes ranks 2844th in the Product Complexity Index (PCI).

Description It can be used in the production of carpets, curtains, clothing, and other consumer products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of artificial staple fibres, not retail, nes. 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$178M
Top Destination (2023)Bangladesh$83.5M

In 2023 Yarn of artificial staple fibres, not retail, nes were the world's 3374th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of artificial staple fibres, not retail, nes were China ($178M), Italy ($16.4M), Turkey ($12.7M), Vietnam ($12.1M), and Bulgaria ($11.9M).

In 2023, the top importers of Yarn of artificial staple fibres, not retail, nes were Bangladesh ($83.5M), Italy ($34.7M), Cambodia ($24M), Turkey ($11.6M), and Vietnam ($11.1M).

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Exporters of Yarn of artificial staple fibres, not retail, nes (2023)
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Importers of Yarn of artificial staple fibres, not retail, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$9.31M
Top Destination Growth (2022 -  2023)Cambodia$6.65M

Between 2022 and 2023, the exports of Yarn of artificial staple fibres, not retail, nes grew the fastest in Vietnam ($9.31M), Hong Kong ($2.4M), Slovakia ($1.43M), Slovenia ($974k), and Czechia ($831k).

Between 2022 and 2023, the fastest growing importers of Yarn of artificial staple fibres, not retail, nes were Cambodia ($6.65M), Vietnam ($4.5M), Slovenia ($3.63M), China ($2.7M), and Hong Kong ($2.12M).

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Exporters of Yarn of artificial staple fibres, not retail, nes (2022 - 2023)

Importers of Yarn of artificial staple fibres, not retail, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of artificial staple fibres, not retail, nes.

In 2023, market concentration measured using Shannon Entropy, was 2.55. This means that most of the exports of Yarn of artificial staple fibres, not retail, nes are explained by 5 countries.

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Value of Exports in Yarn of artificial staple fibres, not retail, nes

Net Trade

TOP NET EXPORTER (2023)China$173M
TOP NET IMPORTER (2023)Bangladesh$83.5M

This map shows which countries export or import more of Yarn of artificial staple fibres, not retail, nes. Each country is colored based on the difference in exports and imports of Yarn of artificial staple fibres, not retail, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of artificial staple fibres, not retail, nes were China ($173M), Bulgaria ($10.8M), Slovenia ($5.74M), Tunisia ($4.3M), and Slovakia ($4.17M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of artificial staple fibres, not retail, nes were Bangladesh ($83.5M), Cambodia ($24M), Italy ($18.3M), Egypt ($7.77M), and South Korea ($7.05M).

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

Top 10 Exporters Countries of Yarn of artificial staple fibres, not retail, nes 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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