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Pricing

Synthetic monofilament of 67 decitex or more, of which no cross-sectional dimension exceeds 1mm; strip and the like (e.g. artificial straw) of synthetic textile materials of an apparent width not exceeding 5mm

5404 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.87BRnk 798 / 1218
2022
Top Exporter | Top Importer $352M | $293MGermany | United States
2022
Product Complexity 0.36Rnk 434 / 1033
2021 - 2022
Export Growth (CAGR) 7.93%Rnk 485 / 1218
2022
Share of World Trade 0.0079%Rnk 798 / 1218

About

Overview This page contains the latest trade data of Synthetic Monofilament. In 2022, Synthetic Monofilament were the world's 798th most traded product, with a total trade of $1.87B. Between 2021 and 2022 the exports of Synthetic Monofilament grew by 7.93%, from $1.73B to $1.87B. Trade in Synthetic Monofilament represent 0.0079% of total world trade.

Synthetic Monofilament are a part of Man-made filaments. They include Synthetic monofilament, >67 dtex, thickness < 1mm and Strip, straw, etc. synth textile material,< 5 mm thic.

Exports In 2022 the top exporters of Synthetic Monofilament  were Germany ($352M), China ($307M), United States ($185M), Italy ($110M), and Japan ($106M).

Imports In 2022 the top importers of Synthetic Monofilament were United States ($293M), China ($143M), Mexico ($102M), Germany ($95.3M), and Italy ($87.2M).

Ranking Synthetic Monofilament ranks 434th in the Product Complexity Index (PCI).

Description Synthetic monofilament of >= 67 decitex and with a cross sectional dimension of <= 1 mm is most commonly used in the production of carpet, clothing, and fishing nets.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Synthetic Monofilament. 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 (2022)Germany$352M
Top Destination (2022)United States$293M

In 2022 Synthetic Monofilament were the world's 798th most traded product (out of 1,218).

In 2022, the top exporters of Synthetic Monofilament were Germany ($352M), China ($307M), United States ($185M), Italy ($110M), and Japan ($106M).

In 2022, the top importers of Synthetic Monofilament were United States ($293M), China ($143M), Mexico ($102M), Germany ($95.3M), and Italy ($87.2M).

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Exporters of Synthetic Monofilament (2022)
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Importers of Synthetic Monofilament (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$55.4M
Top Destination Growth (2021 -  2022)United States$79.5M

Between 2021 and 2022, the exports of Synthetic Monofilament grew the fastest in Germany ($55.4M), China ($24.6M), Vietnam ($21.6M), Saudi Arabia ($19.2M), and United States ($11.2M).

Between 2021 and 2022, the fastest growing importers of Synthetic Monofilament were United States ($79.5M), Mexico ($17.5M), Germany ($11.3M), France ($9.42M), and Switzerland ($7.27M).

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Exporters of Synthetic Monofilament (2021 - 2022)

Importers of Synthetic Monofilament (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic Monofilament.

In 2022, market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Synthetic Monofilament are explained by 18 countries.

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Value of Exports in Synthetic Monofilament

Net Trade

TOP NET EXPORTER (2022)Germany$256M
TOP NET IMPORTER (2022)United States$109M

This map shows which countries export or import more of Synthetic Monofilament. Each country is colored based on the difference in exports and imports of Synthetic Monofilament during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Synthetic Monofilament were Germany ($256M), China ($164M), United Arab Emirates ($85.6M), Japan ($64.1M), and Saudi Arabia ($56.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Synthetic Monofilament were United States ($109M), Mexico ($73.7M), France ($62.4M), India ($43.8M), and Spain ($37.3M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Synthetic Monofilament, disaggragated by their HS6 level were Synthetic monofilament, >67 dtex, thickness <... ($1.14B) and Strip, straw, etc. synth textile material,<... ($723M)

HS6 Disaggregation for Synthetic Monofilament (2022)
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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 Synthetic Monofilament.
It is possible to select the main countries that export or import Synthetic Monofilament in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synthetic Monofilament by percentage of total exports

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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Synthetic Monofilament.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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