HS Code:
The 'Exceeding 43 nm but not exceeding 52 nm per single yarn (300)' category typically falls under the Harmonized System (HS) Code related to textile yarns, specifically within the chapters of cotton or synthetic fibers (e.g., HS 5205 or 5402). This category includes yarns with a specific fineness range, often used in weaving or knitting for producing fabrics of medium weight. These yarns are crucial in the textile industry for manufacturing apparel, home textiles, and industrial fabrics. The fineness (nm or metric number) indicates the yarn's thickness, with this range being suitable for versatile applications requiring moderate strength and texture.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$350 million USD
29.2% of total trade of total trade
Increasing
$300 million USD
25.0% of total trade of total trade
Stable
$200 million USD
16.7% of total trade of total trade
Increasing
$150 million USD
12.5% of total trade of total trade
Increasing
$100 million USD
8.3% of total trade of total trade
Stable
Average Rate
6.5% ad valorem
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-GSP or USMCA)
Shift towards sustainable production
Increased demand for organic and recycled yarns in this category, driven by consumer preference for eco-friendly textiles, pushing exporters to adopt greener practices.
2021-2022
Rising labor and raw material costs
Higher production costs in key exporting countries like India and Pakistan are affecting price competitiveness, leading to a search for alternative sourcing regions.
2022
Automation in yarn manufacturing
Adoption of advanced spinning technologies is improving quality consistency and reducing production time, benefiting large-scale exporters like China.
2020-2022
The European Union has introduced stricter environmental regulations under the Green Deal, requiring yarn exporters to comply with sustainability standards, including reduced carbon footprints and chemical usage.
January 2023
Exporters from countries like India and Bangladesh may face higher compliance costs, potentially affecting market share in the EU, which is a significant importer.
A recent phase of the US-China trade agreement has reduced tariffs on specific textile categories, including certain yarn types, to stabilize supply chains disrupted by previous trade wars.
March 2022
Chinese yarn exports to the US in this category have seen a moderate increase, benefiting US textile manufacturers with lower input costs.
India launched an enhanced Production Linked Incentive (PLI) scheme for textiles, offering subsidies to boost exports of yarns and fabrics, targeting categories like 43-52 nm yarns.
September 2021
Indian exporters have gained a competitive edge, leading to a noticeable increase in trade volume and market share in 2022.