Man-made staple fibres55 (Harmonized System 1992 for 2-digit)
2020 World Trade: $31.1B, Rnk 64 / 96
2020 Top Exporter | Top Importer: $9.99B | $1.71B, China | Vietnam
2020 Product Complexity: 0.91, Rnk 22 / 96
2019 - 2020 Export Growth (CAGR): -19.2%, Rnk 85 / 96
2018 Mean Tariff: 10.5%, Rnk 42 / 96
2020 Share of World Trade: 0.19%, Rnk 64 / 96
Overview This page contains the latest trade data of Man-made staple fibres. In 2020, Man-made staple fibres were the world's 64th most traded product, with a total trade of $31.1B. Between 2019 and 2020 the exports of Man-made staple fibres decreased by -19.2%, from $38.5B to $31.1B. Trade in Man-made staple fibres represent 0.19% of total world trade.
Man-made staple fibres are a part of Textiles. They include Man-made staple fibres.
Exports In 2020 the top exporters of Man-made staple fibres were China ($9.99B), United States ($1.88B), Indonesia ($1.79B), South Korea ($1.5B), and Germany ($1.47B).
Imports In 2020 the top importers of Man-made staple fibres were Vietnam ($1.71B), China ($1.59B), United States ($1.55B), Bangladesh ($1.33B), and Turkey ($1.3B).
Tariffs In 2018 the average tariff for Man-made staple fibres was 10.5%, making it the 42nd lowest tariff using the HS2 product classification.
Ranking Man-made staple fibres ranks 22nd in the Product Complexity Index (PCI).
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Man-made staple fibres are the world's 64th most traded product.
In 2020, the top exporters of Man-made staple fibres were China ($9.99B), United States ($1.88B), Indonesia ($1.79B), South Korea ($1.5B), and Germany ($1.47B).
In 2020, the top importers of Man-made staple fibres were Vietnam ($1.71B), China ($1.59B), United States ($1.55B), Bangladesh ($1.33B), and Turkey ($1.3B).
Trade by country
Top Origin Growth (2019 - 2020): Singapore, $48.4M
Top Destination Growth (2019 - 2020): Singapore, $86.7M
Between 2019 and 2020, the exports of Man-made staple fibres grew the fastest in Singapore ($48.4M), Sri Lanka ($18.1M), Morocco ($9.61M), Brazil ($9.24M), and Senegal ($8.48M).
Between 2019 and 2020, the fastest growing importers of Man-made staple fibres were Singapore ($86.7M), Nigeria ($68M), Uzbekistan ($36.2M), Malaysia ($32M), and Somalia ($23.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Man-made staple fibres.
In 2020, market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Man-made staple fibres are explained by 18 countries.
TOP NET EXPORTER (2020): China, $8.4B
TOP NET IMPORTER (2020): Bangladesh, $1.32B
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Man-made staple fibres were China ($8.4B), Indonesia ($973M), South Korea ($931M), Japan ($838M), and Austria ($798M).
In 2020, the countries that had a largest trade value in imports than in exports of Man-made staple fibres were Bangladesh ($1.32B), Vietnam ($1.14B), Burma ($851M), Brazil ($676M), and Morocco ($528M).
In 2020, the world most traded Man-made staple fibres, disaggragated by their HS6 level were Man-made staple fibres ($31.1B)
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.
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.
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