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551020 (Harmonized System 1992 for 6-digit)

2022
World Trade $33.8MRnk 4417 / 4648
2022
Top Exporter | Top Importer $9.27M | $7.79MItaly | Italy
2022
Product Complexity 0.25Rnk 2103 / 4653
2021 - 2022
Export Growth (CAGR) 2.91%Rnk 2537 / 4648
2022
Share of World Trade 0.00014%Rnk 4417 / 4648

About

Overview This page contains the latest trade data of Yarn of artif staple fibres & wool or hair, not retai. In 2022, Yarn of artif staple fibres & wool or hair, not retai were the world's 4417th most traded product, with a total trade of $33.8M. Between 2021 and 2022 the exports of Yarn of artif staple fibres & wool or hair, not retai grew by 2.91%, from $32.8M to $33.8M. Trade in Yarn of artif staple fibres & wool or hair, not retai represent 0.00014% of total world trade.

Yarn of artif staple fibres & wool or hair, not retai are a part of Non-Retail Artificial Staple Fibers Yarn.

Exports In 2022 the top exporters of Yarn of artif staple fibres & wool or hair, not retai  were Italy ($9.27M), China ($5.35M), Bulgaria ($3.1M), Turkey ($2.32M), and Germany ($1.61M).

Imports In 2022 the top importers of Yarn of artif staple fibres & wool or hair, not retai were Italy ($7.79M), United States ($2.22M), Lithuania ($2.09M), Turkey ($1.98M), and Portugal ($1.93M).

Ranking Yarn of artif staple fibres & wool or hair, not retai ranks 2103rd in the Product Complexity Index (PCI).

Description Yarn of animal staple fibres are used for textiles and garments. Wool or hair, on the other hand, are used for lining and clothing. What are the three types of fabric construction? Knit, woven, and non-woven.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of artif staple fibres & 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 (2022)Italy$9.27M
Top Destination (2022)Italy$7.79M

In 2022 Yarn of artif staple fibres & wool or hair, not retai were the world's 4417th most traded product (out of 4,648).

In 2022, the top exporters of Yarn of artif staple fibres & wool or hair, not retai were Italy ($9.27M), China ($5.35M), Bulgaria ($3.1M), Turkey ($2.32M), and Germany ($1.61M).

In 2022, the top importers of Yarn of artif staple fibres & wool or hair, not retai were Italy ($7.79M), United States ($2.22M), Lithuania ($2.09M), Turkey ($1.98M), and Portugal ($1.93M).

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Exporters of Yarn of artif staple fibres & wool or hair, not retai (2022)
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Importers of Yarn of artif staple fibres & wool or hair, not retai (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$1.48M
Top Destination Growth (2021 -  2022)United States$1.94M

Between 2021 and 2022, the exports of Yarn of artif staple fibres & wool or hair, not retai grew the fastest in Canada ($1.48M), Indonesia ($768k), Austria ($607k), Czechia ($596k), and India ($533k).

Between 2021 and 2022, the fastest growing importers of Yarn of artif staple fibres & wool or hair, not retai were United States ($1.94M), Germany ($985k), India ($789k), Lithuania ($683k), and Mexico ($593k).

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Exporters of Yarn of artif staple fibres & wool or hair, not retai (2021 - 2022)

Importers of Yarn of artif staple fibres & wool or hair, not retai (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Yarn of artif staple fibres & wool or hair, not retai are explained by 13 countries.

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Value of Exports in Yarn of artif staple fibres & wool or hair, not retai

Net Trade

TOP NET EXPORTER (2022)China$4.55M
TOP NET IMPORTER (2022)United States$2.21M

This map shows which countries export or import more of Yarn of artif staple fibres & wool or hair, not retai. Each country is colored based on the difference in exports and imports of Yarn of artif staple fibres & wool or hair, not retai during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Yarn of artif staple fibres & wool or hair, not retai were China ($4.55M), Bulgaria ($2.88M), Italy ($1.48M), Canada ($1.39M), and Indonesia ($1.31M).

In 2022, the countries that had a largest trade value in imports than in exports of Yarn of artif staple fibres & wool or hair, not retai were United States ($2.21M), Lithuania ($1.77M), Portugal ($1.26M), Vietnam ($1.07M), and Greece ($776k).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Yarn of artif staple fibres & wool or hair, not retai.
It is possible to select the main countries that export or import Yarn of artif staple fibres & 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 artif staple fibres & 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 (2022)

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