HS Code:
The 'Other yarn, single' category under the Harmonized System (HS) Code typically refers to single yarns made from fibers not classified under more specific categories like cotton, wool, or synthetic fibers. This includes yarns made from materials such as flax, hemp, jute, or other vegetable fibers, as well as certain specialty fibers. These yarns are primarily used in the textile industry for weaving, knitting, or other fabric production processes, often catering to niche markets or traditional crafts. Trade in this category is influenced by regional availability of raw materials, labor costs, and demand for sustainable or eco-friendly textile products.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 320 million
26.7% of total trade of total trade
Increasing
USD 250 million
20.8% of total trade of total trade
Increasing
USD 180 million
15.0% of total trade of total trade
Stable
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Stable
Average Rate
6.5%
Highest Rate
15% (imposed by certain African countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-India FTA for specific partners)
Rising demand for sustainable textiles
Increased trade in yarns made from organic or recycled materials, especially in European markets
2021-2022
Shift to automation in yarn production
Lower production costs in countries adopting technology, boosting export competitiveness
2020-2022
Regional trade agreements
Growth in trade within blocs like ASEAN due to reduced tariffs and streamlined customs processes
2019-2022
The Indian government introduced incentives for exporters of niche textile products, including other yarns, to boost global market share.
March 2023
Expected to increase India's export volume by 10-15% in the next two years.
The EU imposed stricter sustainability standards for imported yarns, requiring certifications for eco-friendly production.
January 2023
Potential cost increase for non-compliant exporters, while benefiting sustainable producers.
A bilateral agreement reduced tariffs on textile inputs, including other yarns, between the two countries.
October 2022
Enhanced trade flows between the two nations, strengthening their positions in the global market.