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55 (Harmonized System 1992 for 2-digit)

2023
World Trade $37BRnk 65 / 96
2023
Top Exporter | Top Importer $13B | $1.93BChina | Vietnam
2023
Product Complexity 0.4Rnk 38 / 96
2022 - 2023
Export Growth (CAGR) -13%Rnk 78 / 96
2023
Share of World Trade 0.16%Rnk 65 / 96

About

Overview This page contains the latest trade data of Man-made staple fibres. In 2023, Man-made staple fibres were the world's 65th most traded product, with a total trade of $37B. Between 2022 and 2023 the exports of Man-made staple fibres decreased by -13%, from $42.5B to $37B. Trade in Man-made staple fibres represent 0.16% of total world trade.

Man-made staple fibres are a part of Textiles. They include Unprocessed Synthetic Staple Fibers, Non-Retail Synthetic Staple Fibers Yarn, Other Synthetic Fabrics, Woven Fabric of Synthetic Staple Fibers, Synthetic Fabrics, Light Synthetic Cotton Fabrics, Unprocessed Artificial Staple Fibers, Artificial Filament Tow, Heavy Synthetic Cotton Fabrics, and Non-Retail Artificial Staple Fibers Yarn, among others.

Exports In 2023 the top exporters of Man-made staple fibres  were China ($13B), United States ($2.43B), Indonesia ($1.88B), India ($1.75B), and Japan ($1.72B).

Imports In 2023 the top importers of Man-made staple fibres were Vietnam ($1.93B), Bangladesh ($1.86B), United States ($1.77B), Turkey ($1.67B), and China ($1.44B).

Ranking Man-made staple fibres ranks 38th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Man-made staple fibres. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$13B
Top Destination (2023)Vietnam$1.93B

In 2023 Man-made staple fibres were the world's 65th most traded product (out of 96).

In 2023, the top exporters of Man-made staple fibres were China ($13B), United States ($2.43B), Indonesia ($1.88B), India ($1.75B), and Japan ($1.72B).

In 2023, the top importers of Man-made staple fibres were Vietnam ($1.93B), Bangladesh ($1.86B), United States ($1.77B), Turkey ($1.67B), and China ($1.44B).

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Exporters of Man-made staple fibres (2023)
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Importers of Man-made staple fibres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$55.5M
Top Destination Growth (2022 -  2023)Uzbekistan$85.2M

Between 2022 and 2023, the exports of Man-made staple fibres grew the fastest in Belgium ($55.5M), Netherlands ($44.9M), United States ($34.5M), Uzbekistan ($17.1M), and Brazil ($14.7M).

Between 2022 and 2023, the fastest growing importers of Man-made staple fibres were Uzbekistan ($85.2M), Burma ($80.1M), Afghanistan ($77.3M), Algeria ($76.3M), and Philippines ($73.7M).

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Exporters of Man-made staple fibres (2022 - 2023)

Importers of Man-made staple fibres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Man-made staple fibres.

In 2023, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Man-made staple fibres are explained by 16 countries.

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Value of Exports in Man-made staple fibres

Net Trade

TOP NET EXPORTER (2023)China$11.5B
TOP NET IMPORTER (2023)Bangladesh$1.85B

This map shows which countries export or import more of Man-made staple fibres. Each country is colored based on the difference in exports and imports of Man-made staple fibres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Man-made staple fibres were China ($11.5B), Japan ($1.16B), Thailand ($974M), Austria ($905M), and South Korea ($831M).

In 2023, the countries that had a largest trade value in imports than in exports of Man-made staple fibres were Bangladesh ($1.85B), Vietnam ($1.33B), Morocco ($989M), Brazil ($808M), and Burma ($707M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Man-made staple fibres, disaggragated by their HS6 level were Unprocessed Synthetic Staple Fibers ($6.8B), Non-Retail Synthetic Staple Fibers Yarn ($4.8B), Other Synthetic Fabrics ($4.17B), Woven Fabric of Synthetic Staple Fibers ($4.03B), and Synthetic Fabrics ($3.31B)

HS6 Disaggregation for Man-made staple fibres (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Man-made staple fibres.
It is possible to select the main countries that export or import Man-made staple fibres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Man-made staple fibres by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $226M
TOP IMPORT POTENTIALIndonesia+ $47.8M

Man-made staple fibres’s highest export potential is India. With an export gap of $226M.  Man-made staple fibres’s highest import potential is Indonesia with an import gap of $47.8M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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