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530710 (Harmonized System 1992 for 6-digit)

2023
World Trade $337MRnk 3235 / 4644
2023
Top Exporter | Top Importer $317M | $136MBangladesh | Turkey
2023
Product Complexity -1.96Rnk 4506 / 4656
2022 - 2023
Export Growth (CAGR) -34.2%Rnk 4354 / 4644
2023
Share of World Trade 0.0015%Rnk 3235 / 4644

About

Overview This page contains the latest trade data of Yarn of jute or textile bast fibres nes, single. In 2023, Yarn of jute or textile bast fibres nes, single were the world's 3235th most traded product, with a total trade of $337M. Between 2022 and 2023 the exports of Yarn of jute or textile bast fibres nes, single decreased by -34.2%, from $512M to $337M. Trade in Yarn of jute or textile bast fibres nes, single represent 0.0015% of total world trade.

Yarn of jute or textile bast fibres nes, single are a part of Jute Yarn.

Exports In 2023 the top exporters of Yarn of jute or textile bast fibres nes, single  were Bangladesh ($317M), Turkey ($7.76M), India ($4.77M), Belgium ($2.59M), and Iran ($1.04M).

Imports In 2023 the top importers of Yarn of jute or textile bast fibres nes, single were Turkey ($136M), China ($69.1M), India ($38.3M), Uzbekistan ($23.4M), and Cote d'Ivoire ($15.4M).

Ranking Yarn of jute or textile bast fibres nes, single ranks 4506th in the Product Complexity Index (PCI).

Description The most common use of jute yarn is for ropes. Textile bast fibres are used in clothing, carpeting, and insulation.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of jute or textile bast fibres nes, single. 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)Bangladesh$317M
Top Destination (2023)Turkey$136M

In 2023 Yarn of jute or textile bast fibres nes, single were the world's 3235th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of jute or textile bast fibres nes, single were Bangladesh ($317M), Turkey ($7.76M), India ($4.77M), Belgium ($2.59M), and Iran ($1.04M).

In 2023, the top importers of Yarn of jute or textile bast fibres nes, single were Turkey ($136M), China ($69.1M), India ($38.3M), Uzbekistan ($23.4M), and Cote d'Ivoire ($15.4M).

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Exporters of Yarn of jute or textile bast fibres nes, single (2023)
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Importers of Yarn of jute or textile bast fibres nes, single (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$1.48M
Top Destination Growth (2022 -  2023)Uzbekistan$4.34M

Between 2022 and 2023, the exports of Yarn of jute or textile bast fibres nes, single grew the fastest in India ($1.48M), Belgium ($559k), Djibouti ($262k), Oman ($141k), and Uzbekistan ($137k).

Between 2022 and 2023, the fastest growing importers of Yarn of jute or textile bast fibres nes, single were Uzbekistan ($4.34M), India ($2.34M), Ukraine ($1.47M), Brazil ($1.01M), and Ethiopia ($968k).

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Exporters of Yarn of jute or textile bast fibres nes, single (2022 - 2023)

Importers of Yarn of jute or textile bast fibres nes, single (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of jute or textile bast fibres nes, single.

In 2023, market concentration measured using Shannon Entropy, was 0.47. This means that most of the exports of Yarn of jute or textile bast fibres nes, single are explained by 1 countries.

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Value of Exports in Yarn of jute or textile bast fibres nes, single

Net Trade

TOP NET EXPORTER (2023)Bangladesh$317M
TOP NET IMPORTER (2023)Turkey$128M

This map shows which countries export or import more of Yarn of jute or textile bast fibres nes, single. Each country is colored based on the difference in exports and imports of Yarn of jute or textile bast fibres nes, single during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of jute or textile bast fibres nes, single were Bangladesh ($317M), Iran ($983k), Brunei ($93.7k), Oman ($90.5k), and Tanzania ($31k).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of jute or textile bast fibres nes, single were Turkey ($128M), China ($68.1M), India ($33.6M), Uzbekistan ($23.2M), and Egypt ($7.54M).

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 jute or textile bast fibres nes, single.
It is possible to select the main countries that export or import Yarn of jute or textile bast fibres nes, single in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of jute or textile bast fibres nes, single 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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