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Woven fabrics of synthetic staple fibres, n.e.c. in chapter 55

5515 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.17BRnk 591 / 1217
2023
Top Exporter | Top Importer $1.96B | $335MChina | Vietnam
2023
Product Complexity -0.13Rnk 616 / 1044
2022 - 2023
Export Growth (CAGR) -0.89%Rnk 438 / 1217
2023
Share of World Trade 0.018%Rnk 591 / 1217

About

Overview This page contains the latest trade data of Other Synthetic Fabrics. In 2023, Other Synthetic Fabrics were the world's 591st most traded product, with a total trade of $4.17B. Between 2022 and 2023 the exports of Other Synthetic Fabrics decreased by -0.89%, from $4.21B to $4.17B. Trade in Other Synthetic Fabrics represent 0.018% of total world trade.

Other Synthetic Fabrics are a part of Man-made staple fibres. They include Woven fabric polyester + viscose rayon, nes, Woven fabric polyester + manmade filament, nes, Woven fabric polyester + wool or hair, nes, Woven fabric polyester staple fibres, nes, Woven fabric synthetic staple fibres, nes, Woven fabric acrylic or modacrylic staple fibres, nes, Woven fabric synthetic staple fibre with manmade, nes, Woven fabric acrylics + manmade filament, nes, Woven fabric acrylics + wool or hair, nes, and Woven fabric synthetic staple with wool or hair nes, among others.

Exports In 2023 the top exporters of Other Synthetic Fabrics  were China ($1.96B), India ($391M), Turkey ($258M), Japan ($161M), and Italy ($158M).

Imports In 2023 the top importers of Other Synthetic Fabrics were Vietnam ($335M), Bangladesh ($201M), Saudi Arabia ($180M), United Arab Emirates ($179M), and Indonesia ($167M).

Ranking Other Synthetic Fabrics ranks 616th in the Product Complexity Index (PCI).

Description Woven fabrics containing predominantly, but < 85% synthetic staple fibres by weight, other than those mixed principally or solely with cotton are used for clothes, curtains, and bed sheets.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Synthetic Fabrics. 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$1.96B
Top Destination (2023)Vietnam$335M

In 2023 Other Synthetic Fabrics were the world's 591st most traded product (out of 1,217).

In 2023, the top exporters of Other Synthetic Fabrics were China ($1.96B), India ($391M), Turkey ($258M), Japan ($161M), and Italy ($158M).

In 2023, the top importers of Other Synthetic Fabrics were Vietnam ($335M), Bangladesh ($201M), Saudi Arabia ($180M), United Arab Emirates ($179M), and Indonesia ($167M).

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Exporters of Other Synthetic Fabrics (2023)
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Importers of Other Synthetic Fabrics (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$25.3M
Top Destination Growth (2022 -  2023)Indonesia$52.4M

Between 2022 and 2023, the exports of Other Synthetic Fabrics grew the fastest in India ($25.3M), United Arab Emirates ($22.8M), Belgium ($16.6M), Germany ($10.9M), and Malaysia ($8.86M).

Between 2022 and 2023, the fastest growing importers of Other Synthetic Fabrics were Indonesia ($52.4M), Afghanistan ($51M), Nigeria ($47.9M), Philippines ($45.3M), and Saudi Arabia ($32.4M).

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Exporters of Other Synthetic Fabrics (2022 - 2023)

Importers of Other Synthetic Fabrics (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Synthetic Fabrics.

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Other Synthetic Fabrics are explained by 10 countries.

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Value of Exports in Other Synthetic Fabrics

Net Trade

TOP NET EXPORTER (2023)China$1.89B
TOP NET IMPORTER (2023)Vietnam$289M

This map shows which countries export or import more of Other Synthetic Fabrics. Each country is colored based on the difference in exports and imports of Other Synthetic Fabrics during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Synthetic Fabrics were China ($1.89B), India ($284M), Turkey ($197M), Japan ($91.1M), and Italy ($76.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Synthetic Fabrics were Vietnam ($289M), Bangladesh ($200M), Saudi Arabia ($177M), Cambodia ($147M), and Nigeria ($104M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Synthetic Fabrics, disaggragated by their HS6 level were Woven fabric polyester + viscose rayon,... ($2.12B), Woven fabric polyester + manmade filament,... ($657M), Woven fabric polyester + wool or... ($497M), Woven fabric synthetic staple fibres, nes ($356M), and Woven fabric polyester staple fibres, nes ($252M)

HS6 Disaggregation for Other Synthetic Fabrics (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 Other Synthetic Fabrics.
It is possible to select the main countries that export or import Other Synthetic Fabrics in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Synthetic Fabrics by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $27.8M
TOP IMPORT POTENTIALIndia+ $7.72M

Other Synthetic Fabrics’s highest export potential is India. With an export gap of $27.8M.  Other Synthetic Fabrics’s highest import potential is India with an import gap of $7.72M.

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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 Other Synthetic Fabrics.

Country by Relatedness

The following visualization shows the relatedness of Other Synthetic Fabrics 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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