HS Code:
The category 'Measuring less than 106.38 decitex but not less than 83.33 decitex (exceeding 94 metric number but not exceeding 120 metric number)' typically refers to fine yarn of cotton or synthetic fibers, often used in the textile industry for high-quality fabrics. This category falls under specific HS codes related to yarn, such as those in Chapter 52 (Cotton) or Chapter 54 (Man-made filaments). These products are critical in the production of lightweight and durable textiles, often used in apparel and industrial applications. The measurement in decitex indicates the fineness of the yarn, with lower decitex values representing finer threads.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain South American countries)
Lowest Rate
0% (under free trade agreements like EU-India FTA)
Rising demand for sustainable textiles
Increased preference for organic cotton yarns in this category, pushing exporters to adopt eco-friendly production methods
2021-2022
Shift towards automation in yarn production
Reduced production costs in countries like China and Vietnam, enhancing competitiveness in global markets
2020-2022
Regional trade agreements boosting exports
Agreements like RCEP have lowered tariffs for Asian exporters, increasing trade volumes in this category
2022
The European Union introduced provisional anti-dumping duties ranging from 5-10% on fine yarn imports from certain Asian countries to protect domestic manufacturers.
March 2023
Potential reduction in exports from affected countries, with buyers possibly shifting to alternative suppliers like Turkey.
India introduced a rebate scheme for textile exports, including fine yarns, to boost competitiveness in the global market.
January 2023
Expected to increase India's trade volume by 10-15% in this category over the next two years.
Several large-scale yarn manufacturing plants were commissioned in Vietnam, supported by foreign investments.
September 2022
Likely to solidify Vietnam's position as a key exporter, potentially challenging China's market share.