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550951 (Harmonized System 1992 for 6-digit)

2023
World Trade $373MRnk 3135 / 4644
2023
Top Exporter | Top Importer $119M | $123MIndia | Turkey
2023
Product Complexity -0.63Rnk 3393 / 4656
2022 - 2023
Export Growth (CAGR) -40.2%Rnk 4446 / 4644
2023
Share of World Trade 0.0017%Rnk 3135 / 4644

About

Overview This page contains the latest trade data of Yarn of polyester & artif staple fibres, not retail. In 2023, Yarn of polyester & artif staple fibres, not retail were the world's 3135th most traded product, with a total trade of $373M. Between 2022 and 2023 the exports of Yarn of polyester & artif staple fibres, not retail decreased by -40.2%, from $624M to $373M. Trade in Yarn of polyester & artif staple fibres, not retail represent 0.0017% of total world trade.

Yarn of polyester & artif staple fibres, not retail are a part of Non-Retail Synthetic Staple Fibers Yarn.

Exports In 2023 the top exporters of Yarn of polyester & artif staple fibres, not retail  were India ($119M), China ($114M), Indonesia ($69.1M), Nepal ($34.4M), and Vietnam ($6.51M).

Imports In 2023 the top importers of Yarn of polyester & artif staple fibres, not retail were Turkey ($123M), Brazil ($58.8M), India ($45.4M), South Korea ($22.1M), and Vietnam ($15M).

Ranking Yarn of polyester & artif staple fibres, not retail ranks 3393rd in the Product Complexity Index (PCI).

Description Yarns of polyester and artif staple fibres are commonly used in chemical (e.g. oil and gas industry), and textile manufacturing industries.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of polyester & artif staple fibres, not retail. 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)India$119M
Top Destination (2023)Turkey$123M

In 2023 Yarn of polyester & artif staple fibres, not retail were the world's 3135th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of polyester & artif staple fibres, not retail were India ($119M), China ($114M), Indonesia ($69.1M), Nepal ($34.4M), and Vietnam ($6.51M).

In 2023, the top importers of Yarn of polyester & artif staple fibres, not retail were Turkey ($123M), Brazil ($58.8M), India ($45.4M), South Korea ($22.1M), and Vietnam ($15M).

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Exporters of Yarn of polyester & artif staple fibres, not retail (2023)
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Importers of Yarn of polyester & artif staple fibres, not retail (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$1.15M
Top Destination Growth (2022 -  2023)Jordan$593k

Between 2022 and 2023, the exports of Yarn of polyester & artif staple fibres, not retail grew the fastest in Netherlands ($1.15M), Morocco ($214k), Philippines ($184k), Uzbekistan ($133k), and Chinese Taipei ($82.9k).

Between 2022 and 2023, the fastest growing importers of Yarn of polyester & artif staple fibres, not retail were Jordan ($593k), Canada ($585k), El Salvador ($450k), Belarus ($412k), and Honduras ($350k).

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Exporters of Yarn of polyester & artif staple fibres, not retail (2022 - 2023)

Importers of Yarn of polyester & artif staple fibres, not retail (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of polyester & artif staple fibres, not retail.

In 2023, market concentration measured using Shannon Entropy, was 2.57. This means that most of the exports of Yarn of polyester & artif staple fibres, not retail are explained by 5 countries.

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Value of Exports in Yarn of polyester & artif staple fibres, not retail

Net Trade

TOP NET EXPORTER (2023)China$113M
TOP NET IMPORTER (2023)Turkey$118M

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

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of polyester & artif staple fibres, not retail were China ($113M), India ($73.4M), Indonesia ($67.3M), Nepal ($30.5M), and Thailand ($2.08M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of polyester & artif staple fibres, not retail were Turkey ($118M), Brazil ($58.8M), South Korea ($21.9M), Japan ($13M), and Vietnam ($8.47M).

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

Top 10 Exporters Countries of Yarn of polyester & artif staple fibres, not retail 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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