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540120 (Harmonized System 1992 for 6-digit)

2022
World Trade $117MRnk 4029 / 4648
2022
Top Exporter | Top Importer $70.4M | $19.9MChina | Pakistan
2022
Product Complexity -0.69Rnk 3465 / 4653
2021 - 2022
Export Growth (CAGR) -6%Rnk 3653 / 4648
2022
Share of World Trade 0.0005%Rnk 4029 / 4648

About

Overview This page contains the latest trade data of Sewing thread of artificial filaments. In 2022, Sewing thread of artificial filaments were the world's 4029th most traded product, with a total trade of $117M. Between 2021 and 2022 the exports of Sewing thread of artificial filaments decreased by -6%, from $125M to $117M. Trade in Sewing thread of artificial filaments represent 0.0005% of total world trade.

Sewing thread of artificial filaments are a part of Artificial Filament Sewing Thread.

Exports In 2022 the top exporters of Sewing thread of artificial filaments  were China ($70.4M), Germany ($14.2M), Guatemala ($3.85M), South Korea ($3.75M), and Hong Kong ($3.24M).

Imports In 2022 the top importers of Sewing thread of artificial filaments were Pakistan ($19.9M), United States ($7.22M), Ethiopia ($5.87M), Nigeria ($5.01M), and Burma ($4.41M).

Ranking Sewing thread of artificial filaments ranks 3465th in the Product Complexity Index (PCI).

Description The common uses of artificial filaments are in the textile industry, in the manufacture of clothing, quilts, and carpets, and in sewing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sewing thread of artificial filaments. 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)China$70.4M
Top Destination (2022)Pakistan$19.9M

In 2022 Sewing thread of artificial filaments were the world's 4029th most traded product (out of 4,648).

In 2022, the top exporters of Sewing thread of artificial filaments were China ($70.4M), Germany ($14.2M), Guatemala ($3.85M), South Korea ($3.75M), and Hong Kong ($3.24M).

In 2022, the top importers of Sewing thread of artificial filaments were Pakistan ($19.9M), United States ($7.22M), Ethiopia ($5.87M), Nigeria ($5.01M), and Burma ($4.41M).

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Exporters of Sewing thread of artificial filaments (2022)
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Importers of Sewing thread of artificial filaments (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Guatemala$2.1M
Top Destination Growth (2021 -  2022)Ethiopia$3.43M

Between 2021 and 2022, the exports of Sewing thread of artificial filaments grew the fastest in Guatemala ($2.1M), South Korea ($934k), Germany ($901k), India ($685k), and Mexico ($502k).

Between 2021 and 2022, the fastest growing importers of Sewing thread of artificial filaments were Ethiopia ($3.43M), Kyrgyzstan ($2.73M), Burma ($1.64M), Honduras ($1.33M), and United States ($1.25M).

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Exporters of Sewing thread of artificial filaments (2021 - 2022)

Importers of Sewing thread of artificial filaments (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sewing thread of artificial filaments.

In 2022, market concentration measured using Shannon Entropy, was 2.62. This means that most of the exports of Sewing thread of artificial filaments are explained by 6 countries.

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Value of Exports in Sewing thread of artificial filaments

Net Trade

TOP NET EXPORTER (2022)China$69.4M
TOP NET IMPORTER (2022)Pakistan$19.7M

This map shows which countries export or import more of Sewing thread of artificial filaments. Each country is colored based on the difference in exports and imports of Sewing thread of artificial filaments during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sewing thread of artificial filaments were China ($69.4M), Germany ($11.5M), South Korea ($3.54M), Hong Kong ($2.74M), and South Africa ($1M).

In 2022, the countries that had a largest trade value in imports than in exports of Sewing thread of artificial filaments were Pakistan ($19.7M), Ethiopia ($5.87M), United States ($5.46M), Nigeria ($5M), and Indonesia ($3.41M).

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 Sewing thread of artificial filaments.
It is possible to select the main countries that export or import Sewing thread of artificial filaments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sewing thread of artificial filaments 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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