Product intelligence · HS 550820 · 2024 data

Sewing thread: of artificial staple fibres, whether or not put up for retail sale

Global exports of sewing thread: of artificial staple fibres, whether or not put up for retail sale totalled $11,166,009 in 2024, a -9.0% change from the previous year. Traded by 96 countries across 854 bilateral corridors, with demand from 170 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$11.2M

-9.0% YoY

3Y / 5Y CAGR

-8.7%

5Y: -11.6%

Supply structure

Moderately concentrated

HHI 0.235

Volatility

High

Score 72/100

1.

Market movement

In 2024, sewing thread: of artificial staple fibres, whether or not put up for retail sale trade exhibited significant decline, with global flows reaching $11,166,009 and a three-year compound annual growth rate of -8.7% (five-year: -11.6%). The all-time peak of $47,836,171 was recorded in 2022; the current level is 77% below that high-water mark.

Over the 30-year observation window (19952024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (-0.7% acceleration).

The World Trade Flows Characterization classifies sewing thread: of artificial staple fibres, whether or not put up for retail sale as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.235). The three largest exporters — China ($5.3M), Malaysia ($1.2M), and Thailand ($1.0M) — collectively dominate supply flows. The leading exporter has grown at -8.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.056). The three largest import markets are Myanmar ($1.5M), Vietnam ($1.2M), and Morocco ($793.5K). The largest importing market sources from 10 different supplying countries.

Estimated substitution elasticity: -6.93. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Morocco at $759.6K, representing 95.7% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for sewing thread: of artificial staple fibres, whether or not put up for retail sale is 72 out of 100, classified as high. This product exhibits above-average trade variability, making it important to monitor supply chain resilience and price exposure.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $47,836,171 in 2022. Currently 77% below peak.

YearGlobal trade (USD)YoY growth
2015$24,348,493-5.4%
2016$22,420,636-7.9%
2017$22,282,650-0.6%
2018$24,273,005+8.9%
2019$20,645,387-14.9%
2020$12,141,024-41.2%
2021$14,695,886+21.0%
2022$47,836,171+225.5%
2023$12,267,039-74.4%
2024$11,166,009-9.0%

Top exporting countries

Ranked by export value of sewing thread: of artificial staple fibres, whether or not put up for retail sale in 2024.

View all 96 exporters →

Top importing markets

Largest import destinations for sewing thread: of artificial staple fibres, whether or not put up for retail sale.

View all 170 markets →

Leading trade corridors

Largest bilateral export flows for sewing thread: of artificial staple fibres, whether or not put up for retail sale, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ChinaMorocco$759.6K+98.7%
2ChinaMyanmar$698.8K+36.0%
3ChinaIran$644.3K-10.0%
4ThailandMyanmar$629.2K-2.3%
5PortugalSpain$625.3K+92.7%
6ChinaSaudi Arabia$562.9K+78.8%
7MalaysiaVietnam$467.1K-1.6%
8ChinaVietnam$451.4K-6.0%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.