HS Icon Synthetic Filament Yarn Woven Fabric

5407 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Synthetic Filament Yarn Woven Fabric. In 2020, Synthetic Filament Yarn Woven Fabric were the world's 173rd most traded product, with a total trade of $21.1B. Between 2019 and 2020 the exports of Synthetic Filament Yarn Woven Fabric decreased by -17%, from $25.4B to $21.1B. Trade in Synthetic Filament Yarn Woven Fabric represent 0.13% of total world trade.

Synthetic Filament Yarn Woven Fabric are a part of Man-made filaments. They include Woven fabric >85% textured polyester, dyed, nes, Woven fabric >85% non-textured polyester filament, ne, Woven fabric >85% synthetic filament, dyed, nes, Woven hi-ten filament, nylon, polyamide or polyester, Woven fabric >85% nylon, polyamide, dyed, nes, Woven fabric >85% textured polyester, printed, nes, Woven fabric of strip etc, synthetic textile material, Woven fabric >85% textured polyester unbl/bleached,ne, Woven fabric >85% textured polyester, yarn dyed, nes, and Woven fabric synthetic filament, dyed, nes, among others.

Exports In 2020 the top exporters of Synthetic Filament Yarn Woven Fabric  were China ($10.7B), Chinese Taipei ($1.31B), South Korea ($1.09B), India ($817M), and Japan ($788M).

Imports In 2020 the top importers of Synthetic Filament Yarn Woven Fabric were Vietnam ($2.12B), China ($802M), Bangladesh ($772M), Indonesia ($764M), and United States ($736M).

Tariffs In 2018 the average tariff for Synthetic Filament Yarn Woven Fabric was 13.6%, making it the 238th lowest tariff using the HS4 product classification.

Ranking Synthetic Filament Yarn Woven Fabric ranks 642nd in the Product Complexity Index (PCI).

Description Synthetic filament yarn is used in clothing, upholstery, and carpeting.

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Synthetic Filament Yarn Woven Fabric. 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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): China, $10.7B

Top Destination (2020): Vietnam, $2.12B

Synthetic Filament Yarn Woven Fabric are the world's 173rd most traded product.

In 2020, the top exporters of Synthetic Filament Yarn Woven Fabric were China ($10.7B), Chinese Taipei ($1.31B), South Korea ($1.09B), India ($817M), and Japan ($788M).

In 2020, the top importers of Synthetic Filament Yarn Woven Fabric were Vietnam ($2.12B), China ($802M), Bangladesh ($772M), Indonesia ($764M), and United States ($736M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): Malaysia, $27.7M

Top Destination Growth (2019 - 2020): Nigeria, $306M

Between 2019 and 2020, the exports of Synthetic Filament Yarn Woven Fabric grew the fastest in Malaysia ($27.7M), Russia ($10.4M), Singapore ($8.05M), North Macedonia ($3.39M), and Turkmenistan ($3.01M).

Between 2019 and 2020, the fastest growing importers of Synthetic Filament Yarn Woven Fabric were Nigeria ($306M), Malaysia ($132M), Pakistan ($72.1M), Uzbekistan ($42.1M), and Ghana ($23.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Synthetic Filament Yarn Woven Fabric.

In 2020,  market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Synthetic Filament Yarn Woven Fabric are explained by 9 countries.

Explore Visualizations

TOP NET EXPORTER (2020): China, $9.93B

TOP NET IMPORTER (2020): Vietnam, $1.8B

This map shows which countries export or import more of Synthetic Filament Yarn Woven Fabric. Each country is colored based on the difference in exports and imports of Synthetic Filament Yarn Woven Fabric during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Synthetic Filament Yarn Woven Fabric were China ($9.93B), Chinese Taipei ($1.22B), South Korea ($929M), India ($596M), and Japan ($547M).

In 2020, the countries that had a largest trade value in imports than in exports of Synthetic Filament Yarn Woven Fabric were Vietnam ($1.8B), Bangladesh ($769M), Nigeria ($629M), Burma ($495M), and Indonesia ($474M).

Disaggregation

#permalink to section
Value

In 2020, the world most traded Synthetic Filament Yarn Woven Fabric, disaggragated by their HS6 level were Woven fabric >85% textured polyester, dyed,... ($5.98B), Woven fabric >85% non-textured polyester filament,... ($3.41B), Woven fabric >85% textured polyester, printed,... ($1.95B), Woven fabric >85% synthetic filament, dyed,... ($1.67B), and Woven fabric >85% nylon, polyamide, dyed,... ($1.3B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

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

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Synthetic Filament Yarn Woven Fabric to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.