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Yarn (other than sewing thread) of synthetic staple fibres, not put up for retail sale

5509 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.8BRnk 553 / 1217
2023
Top Exporter | Top Importer $1.47B | $377MChina | Bangladesh
2023
Product Complexity -0.25Rnk 649 / 1044
2022 - 2023
Export Growth (CAGR) -26%Rnk 1121 / 1217
2023
Share of World Trade 0.021%Rnk 553 / 1217

About

Overview This page contains the latest trade data of Non-Retail Synthetic Staple Fibers Yarn. In 2023, Non-Retail Synthetic Staple Fibers Yarn were the world's 553rd most traded product, with a total trade of $4.8B. Between 2022 and 2023 the exports of Non-Retail Synthetic Staple Fibers Yarn decreased by -26%, from $6.49B to $4.8B. Trade in Non-Retail Synthetic Staple Fibers Yarn represent 0.021% of total world trade.

Non-Retail Synthetic Staple Fibers Yarn are a part of Man-made staple fibres. They include Yarn of polyester & cotton, not retail, nes, Yarn >85% acrylic staple fibres, multiple not retail, Yarn >85% polyester staple fibres, single, not retail, Yarn >85% polyester staple fibres, multiple,not retai, Yarn of polyester & artif staple fibres, not retail, Yarn >85% acrylic staple fibres, single, not retail, Yarn of acrylic staple fibre & wool or hair,not retai, Yarn of acrylic staple fibres, not retail, nes, Yarn of acrylic staple fibres & cotton, not retail, and Yarn >85% nylon, etc staple fibre, multiple,not retai, among others.

Exports In 2023 the top exporters of Non-Retail Synthetic Staple Fibers Yarn  were China ($1.47B), India ($488M), United States ($460M), Indonesia ($454M), and Turkey ($395M).

Imports In 2023 the top importers of Non-Retail Synthetic Staple Fibers Yarn were Bangladesh ($377M), Honduras ($370M), Turkey ($247M), Brazil ($223M), and India ($208M).

Ranking Non-Retail Synthetic Staple Fibers Yarn ranks 649th in the Product Complexity Index (PCI).

Description Synthetic staple fibres are used in a variety of ways, such as for clothes, for upholstery, and for carpets.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Non-Retail Synthetic Staple Fibers Yarn. 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$1.47B
Top Destination (2023)Bangladesh$377M

In 2023 Non-Retail Synthetic Staple Fibers Yarn were the world's 553rd most traded product (out of 1,217).

In 2023, the top exporters of Non-Retail Synthetic Staple Fibers Yarn were China ($1.47B), India ($488M), United States ($460M), Indonesia ($454M), and Turkey ($395M).

In 2023, the top importers of Non-Retail Synthetic Staple Fibers Yarn were Bangladesh ($377M), Honduras ($370M), Turkey ($247M), Brazil ($223M), and India ($208M).

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Exporters of Non-Retail Synthetic Staple Fibers Yarn (2023)
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Importers of Non-Retail Synthetic Staple Fibers Yarn (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$9.2M
Top Destination Growth (2022 -  2023)Kazakhstan$30.8M

Between 2022 and 2023, the exports of Non-Retail Synthetic Staple Fibers Yarn grew the fastest in Czechia ($9.2M), Armenia ($3.31M), Germany ($3.05M), Georgia ($2.84M), and Bosnia and Herzegovina ($2.7M).

Between 2022 and 2023, the fastest growing importers of Non-Retail Synthetic Staple Fibers Yarn were Kazakhstan ($30.8M), Thailand ($7.49M), Russia ($6.85M), Armenia ($6.55M), and Algeria ($5.3M).

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Exporters of Non-Retail Synthetic Staple Fibers Yarn (2022 - 2023)

Importers of Non-Retail Synthetic Staple Fibers Yarn (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Non-Retail Synthetic Staple Fibers Yarn.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Non-Retail Synthetic Staple Fibers Yarn are explained by 14 countries.

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Value of Exports in Non-Retail Synthetic Staple Fibers Yarn

Net Trade

TOP NET EXPORTER (2023)China$1.37B
TOP NET IMPORTER (2023)Bangladesh$375M

This map shows which countries export or import more of Non-Retail Synthetic Staple Fibers Yarn. Each country is colored based on the difference in exports and imports of Non-Retail Synthetic Staple Fibers Yarn during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Non-Retail Synthetic Staple Fibers Yarn were China ($1.37B), Indonesia ($399M), United States ($337M), India ($280M), and Turkey ($148M).

In 2023, the countries that had a largest trade value in imports than in exports of Non-Retail Synthetic Staple Fibers Yarn were Bangladesh ($375M), Honduras ($360M), Brazil ($218M), Russia ($128M), and Colombia ($124M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Non-Retail Synthetic Staple Fibers Yarn, disaggragated by their HS6 level were Yarn of polyester & cotton, not... ($1.09B), Yarn >85% polyester staple fibres, single,... ($675M), Yarn >85% polyester staple fibres, multiple,not... ($545M), Yarn >85% acrylic staple fibres, multiple... ($511M), and Yarn of polyester & artif staple... ($373M)

HS6 Disaggregation for Non-Retail Synthetic Staple Fibers Yarn (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Non-Retail Synthetic Staple Fibers Yarn.
It is possible to select the main countries that export or import Non-Retail Synthetic Staple Fibers Yarn in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Non-Retail Synthetic Staple Fibers Yarn by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALMexico+ $8.04M
TOP IMPORT POTENTIALIndia+ $16.2M

Non-Retail Synthetic Staple Fibers Yarn’s highest export potential is Mexico. With an export gap of $8.04M.  Non-Retail Synthetic Staple Fibers Yarn’s highest import potential is India with an import gap of $16.2M.

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Non-Retail Synthetic Staple Fibers Yarn.

Country by Relatedness

The following visualization shows the relatedness of Non-Retail Synthetic Staple Fibers Yarn to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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