HS Code:
Multiple (folded) or cabled yarn, classified under HS Code 604, refers to yarns that are created by twisting together two or more single yarns or by cabling multiple folded yarns. These yarns are typically used in the textile industry for producing high-strength fabrics, ropes, and industrial materials. This category includes yarns made from various fibers such as cotton, wool, and synthetic materials, and is essential for applications requiring durability and resilience.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 800 million
32% of total trade
Increasing
USD 500 million
20% of total trade
Increasing
USD 300 million
12% of total trade
Stable
USD 200 million
8% of total trade
Decreasing
USD 150 million
6% of total trade
Stable
Average Rate
6.5%
Highest Rate
12% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU internal trade or USMCA)
Shift towards sustainable and organic yarns
Increased demand for eco-friendly multiple yarns made from organic cotton and recycled materials, driven by consumer preferences and regulatory pressures in Europe and North America.
2021-2022
Automation in yarn production
Adoption of advanced manufacturing technologies has reduced production costs and increased output, particularly in countries like China and India, strengthening their export dominance.
2020-2022
Rising demand in industrial applications
Growth in sectors such as automotive and construction has boosted the need for high-strength cabled yarns used in tires, geotextiles, and other technical textiles.
2019-2022
The European Union introduced a temporary 8% tariff on multiple yarn imports from certain Asian countries to curb market flooding and protect local manufacturers.
March 2023
This may lead to a shift in trade flows, with exporters targeting alternative markets such as Africa and Latin America.
The Indian government announced subsidies for exporters of multiple and cabled yarns to boost competitiveness in the global market.
January 2023
Expected to increase Indiaโs market share, particularly in price-sensitive regions.
Major yarn producers in China and Turkey have adopted global sustainability certifications to meet the growing demand for environmentally friendly products in Western markets.
June 2022
Likely to enhance export opportunities in the EU and US, where green credentials are increasingly important.