HS Code:
The 'Exceeding 52 nm but not exceeding 80 nm per single yarn' category typically falls under HS Code 5205 (Cotton yarn, not for retail sale) or similar subcategories depending on the specific classification. This category includes cotton yarn with a fineness between 52 and 80 nanometers per single yarn, often used in textile manufacturing for weaving and knitting. It is a critical raw material in the global textile industry, with significant trade driven by demand for apparel and home textiles. The trade of this product is influenced by factors such as raw cotton prices, labor costs, and regional trade agreements.
Total Trade Volume
Approximately $2.5 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$800 million USD
32% of total trade of total trade
Increasing
$500 million USD
20% of total trade of total trade
Increasing
$400 million USD
16% of total trade of total trade
Stable
$300 million USD
12% of total trade of total trade
Decreasing
$200 million USD
8% of total trade of total trade
Increasing
Average Rate
6.5% ad valorem
Highest Rate
15% (imposed by certain countries like Brazil and Turkey)
Lowest Rate
0% (under free trade agreements such as USMCA or EU-India FTA)
Shift towards sustainable cotton yarn production
Increased demand for organic and sustainably sourced yarn, pushing exporters to adopt eco-friendly practices; higher production costs but premium pricing in markets like the EU.
2021-2023
Rising labor and raw material costs in key exporting countries
Reduced competitiveness of traditional exporters like China, leading to market share gains by countries like Vietnam and Bangladesh.
2020-2022
Automation in textile manufacturing
Improved production efficiency and quality control, benefiting large-scale exporters but challenging smaller producers to keep up with technology investments.
2019-2023
India announced a new textile policy in 2022 aimed at boosting exports of cotton yarn and other textile products through subsidies and infrastructure development.
October 2022
Expected to increase India's market share by 5-10% over the next 3 years, potentially affecting competitors like Pakistan and Vietnam.
The EVFTA, implemented in 2020, has progressively reduced tariffs on Vietnamese cotton yarn exports to the EU, making Vietnam a preferred supplier.
August 2020 - Ongoing
Vietnamese exports to the EU have grown by 15% annually since 2020, reshaping trade flows in the region.
Ongoing trade tensions have led to higher tariffs on Chinese cotton yarn exports to the US, prompting buyers to source from alternative markets like India and Bangladesh.
2019 - Present
Chinese trade volume in this category has declined by approximately 8% since 2019, benefiting other exporters.