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590220 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.33BRnk 1807 / 4644
2023
Top Exporter | Top Importer $439M | $185MVietnam | United States
2023
Product Complexity 0.33Rnk 1985 / 4656
2022 - 2023
Export Growth (CAGR) -17.7%Rnk 3487 / 4644
2023
Share of World Trade 0.0059%Rnk 1807 / 4644

About

Overview This page contains the latest trade data of Tyre cord fabric of polyester. In 2023, Tyre cord fabric of polyester were the world's 1807th most traded product, with a total trade of $1.33B. Between 2022 and 2023 the exports of Tyre cord fabric of polyester decreased by -17.7%, from $1.61B to $1.33B. Trade in Tyre cord fabric of polyester represent 0.0059% of total world trade.

Tyre cord fabric of polyester are a part of Polyamide Fabric.

Exports In 2023 the top exporters of Tyre cord fabric of polyester  were Vietnam ($439M), China ($366M), Luxembourg ($129M), South Korea ($90.4M), and Turkey ($47.6M).

Imports In 2023 the top importers of Tyre cord fabric of polyester were United States ($185M), Thailand ($125M), Germany ($101M), Japan ($98.3M), and India ($67.5M).

Ranking Tyre cord fabric of polyester ranks 1985th in the Product Complexity Index (PCI).

Description Tyre cord fabric is often used in the manufacturing of upholstery, with more than a third of the fabric being used in furniture.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Tyre cord fabric of polyester. 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)Vietnam$439M
Top Destination (2023)United States$185M

In 2023 Tyre cord fabric of polyester were the world's 1807th most traded product (out of 4,644).

In 2023, the top exporters of Tyre cord fabric of polyester were Vietnam ($439M), China ($366M), Luxembourg ($129M), South Korea ($90.4M), and Turkey ($47.6M).

In 2023, the top importers of Tyre cord fabric of polyester were United States ($185M), Thailand ($125M), Germany ($101M), Japan ($98.3M), and India ($67.5M).

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Exporters of Tyre cord fabric of polyester (2023)
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Importers of Tyre cord fabric of polyester (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Luxembourg$59.3M
Top Destination Growth (2022 -  2023)Germany$33.9M

Between 2022 and 2023, the exports of Tyre cord fabric of polyester grew the fastest in Luxembourg ($59.3M), Belgium ($21.2M), Romania ($2.5M), Spain ($1.15M), and Hong Kong ($919k).

Between 2022 and 2023, the fastest growing importers of Tyre cord fabric of polyester were Germany ($33.9M), Belgium ($25.6M), Luxembourg ($18.1M), Thailand ($11.6M), and Cambodia ($6.93M).

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Exporters of Tyre cord fabric of polyester (2022 - 2023)

Importers of Tyre cord fabric of polyester (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tyre cord fabric of polyester.

In 2023, market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Tyre cord fabric of polyester are explained by 8 countries.

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Value of Exports in Tyre cord fabric of polyester

Net Trade

TOP NET EXPORTER (2023)Vietnam$437M
TOP NET IMPORTER (2023)United States$162M

This map shows which countries export or import more of Tyre cord fabric of polyester. Each country is colored based on the difference in exports and imports of Tyre cord fabric of polyester during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tyre cord fabric of polyester were Vietnam ($437M), China ($349M), Luxembourg ($104M), South Korea ($49.1M), and Portugal ($26.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Tyre cord fabric of polyester were United States ($162M), Thailand ($119M), Japan ($97.2M), Germany ($88.8M), and India ($66.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Tyre cord fabric of polyester.
It is possible to select the main countries that export or import Tyre cord fabric of polyester in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tyre cord fabric of polyester 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 (2023)

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