Synthetic Filament Yarn Woven Fabric in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $16B in Synthetic Filament Yarn Woven Fabric, making it the 1st largest exporter of Synthetic Filament Yarn Woven Fabric in the world. At the same year, Synthetic Filament Yarn Woven Fabric was the 48th most exported product in China. The main destination of Synthetic Filament Yarn Woven Fabric exports from China are: Vietnam ($1.61B), Bangladesh ($990M), United Arab Emirates ($749M), Brazil ($602M), and Burma ($592M).

The fastest growing export markets for Synthetic Filament Yarn Woven Fabric of China between 2021 and 2022 were Vietnam ($283M), Kyrgyzstan ($240M), and Brazil ($144M).

Imports In 2022, China imported $985M in Synthetic Filament Yarn Woven Fabric, becoming the 4th largest importer of Synthetic Filament Yarn Woven Fabric in the world. At the same year, Synthetic Filament Yarn Woven Fabric was the 225th most imported product in China. China imports Synthetic Filament Yarn Woven Fabric primarily from: Chinese Taipei ($290M), Japan ($263M), South Korea ($139M), United Arab Emirates ($89.8M), and Thailand ($31.3M).

The fastest growing import markets in Synthetic Filament Yarn Woven Fabric for China between 2021 and 2022 were United Arab Emirates ($80M), United States ($7M), and Thailand ($4.45M).

COMPANIES In 2023, leading companies such as HANKOOK TIRE AMERICA CORP. (595), AT HOME PROCUREMENT INC (234), and GLOBAL ETRADE SERVICES INC (219) were at the forefront of shipping Synthetic Filament Yarn Woven Fabric from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Synthetic Filament Yarn Woven Fabric exports accounted up to $1.21B and imports accounted up to $41.1M, resulting in a positive trade balance of $1.17B. Between February 2023 and February 2024 the exports of China's Synthetic Filament Yarn Woven Fabric have increased by $450M (59.1%) from $761M to $1.21B, while imports decreased by $-13.2M (-24.3%) from $54.3M to $41.1M.

Destinations In February 2024, Synthetic Filament Yarn Woven Fabric were exported mostly to Vietnam ($119M), Bangladesh ($66.7M), Indonesia ($65.5M), Nigeria ($60.1M), and United Arab Emirates ($49.2M), and were imported mostly from Japan ($12.6M), Taiwan ($11.6M), South Korea ($7.71M), Italy ($2.01M), and Vietnam ($1.99M).

Growth In February 2024, the increase in Synthetic Filament Yarn Woven Fabric's year-by-year exports was explained primarily by an increase in exports to Kyrgyzstan ($35.3M or 198%), Afghanistan ($14.4M or 1.08k%), and Algeria ($9.08M or 37.9%). In February 2024, the decrease in Synthetic Filament Yarn Woven Fabric's year-by-year imports was explained primarily by a decrease in imports from Taiwan ($-13.5M or -57.8%), Vietnam ($-3.36M or -76.3%), and China ($-3.18M or -67.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$450M(59.1%)

IMPORT GROWTH (February 2023 - February 2024)$-13.2M(-24.3%)

MAIN EXPORTER (February 2024)Zhejiang Province$1.23B

MAIN DESTINATION (February 2024)Vietnam$119M

This section shows Synthetic Filament Yarn Woven Fabric's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Synthetic Filament Yarn Woven Fabric over time.

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