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Synthetic staple fibres, not carded, combed or otherwise processed for spinning

5503 (Harmonized System 1992 for 4-digit)

2022
World Trade $7.94BRnk 435 / 1218
2022
Top Exporter | Top Importer $1.54B | $906MChina | United States
2022
Product Complexity 0.1Rnk 523 / 1033
2021 - 2022
Export Growth (CAGR) -3.42%Rnk 985 / 1218
2022
Share of World Trade 0.033%Rnk 435 / 1218

About

Overview This page contains the latest trade data of Unprocessed Synthetic Staple Fibers. In 2022, Unprocessed Synthetic Staple Fibers were the world's 435th most traded product, with a total trade of $7.94B. Between 2021 and 2022 the exports of Unprocessed Synthetic Staple Fibers decreased by -3.42%, from $8.22B to $7.94B. Trade in Unprocessed Synthetic Staple Fibers represent 0.033% of total world trade.

Unprocessed Synthetic Staple Fibers are a part of Man-made staple fibres. They include Staple fibres of polyesters, not carded or combed, Staple fibres of acrylic, modacrylic,not carded/combe, Staple fibres of polypropylene, not carded or combed, Staple fibres of nylon, polyamides, not carded, combe, and Synthetic staple fibres, not carded or combed nes.

Exports In 2022 the top exporters of Unprocessed Synthetic Staple Fibers  were China ($1.54B), South Korea ($1.09B), Thailand ($575M), India ($407M), and Chinese Taipei ($400M).

Imports In 2022 the top importers of Unprocessed Synthetic Staple Fibers were United States ($906M), Germany ($545M), China ($466M), Turkey ($418M), and Vietnam ($406M).

Ranking Unprocessed Synthetic Staple Fibers ranks 523rd in the Product Complexity Index (PCI).

Description Synthetic staple fibres are used in many applications because they are more durable than natural fibres. They are often used for clothing and carpets because they are less expensive and more durable than natural fibres.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Unprocessed Synthetic Staple Fibers. 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)China$1.54B
Top Destination (2022)United States$906M

In 2022 Unprocessed Synthetic Staple Fibers were the world's 435th most traded product (out of 1,218).

In 2022, the top exporters of Unprocessed Synthetic Staple Fibers were China ($1.54B), South Korea ($1.09B), Thailand ($575M), India ($407M), and Chinese Taipei ($400M).

In 2022, the top importers of Unprocessed Synthetic Staple Fibers were United States ($906M), Germany ($545M), China ($466M), Turkey ($418M), and Vietnam ($406M).

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Exporters of Unprocessed Synthetic Staple Fibers (2022)
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Importers of Unprocessed Synthetic Staple Fibers (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$234M
Top Destination Growth (2021 -  2022)Japan$24M

Between 2021 and 2022, the exports of Unprocessed Synthetic Staple Fibers grew the fastest in China ($234M), Turkey ($26M), Netherlands ($19.1M), Malaysia ($18.5M), and Nigeria ($14.6M).

Between 2021 and 2022, the fastest growing importers of Unprocessed Synthetic Staple Fibers were Japan ($24M), Mexico ($18.2M), Israel ($17.8M), India ($17.4M), and Brazil ($17M).

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Exporters of Unprocessed Synthetic Staple Fibers (2021 - 2022)

Importers of Unprocessed Synthetic Staple Fibers (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Unprocessed Synthetic Staple Fibers.

In 2022, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Unprocessed Synthetic Staple Fibers are explained by 20 countries.

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Value of Exports in Unprocessed Synthetic Staple Fibers

Net Trade

TOP NET EXPORTER (2022)China$1.08B
TOP NET IMPORTER (2022)United States$601M

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

In 2022, the countries that had a largest trade value in exports than in imports of Unprocessed Synthetic Staple Fibers were China ($1.08B), South Korea ($1.04B), Thailand ($460M), Chinese Taipei ($329M), and Japan ($212M).

In 2022, the countries that had a largest trade value in imports than in exports of Unprocessed Synthetic Staple Fibers were United States ($601M), Brazil ($256M), Italy ($230M), Pakistan ($204M), and Vietnam ($191M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Unprocessed Synthetic Staple Fibers, disaggragated by their HS6 level were Staple fibres of polyesters, not carded... ($4.95B), Synthetic staple fibres, not carded or... ($856M), Staple fibres of nylon, polyamides, not... ($748M), Staple fibres of polypropylene, not carded... ($725M), and Staple fibres of acrylic, modacrylic,not carded/combe ($661M)

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

Top 10 Exporters Countries of Unprocessed Synthetic Staple Fibers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $44.5M
TOP IMPORT POTENTIALSouth Korea+ $26.7M

Unprocessed Synthetic Staple Fibers’s highest export potential is India. With an export gap of $44.5M.  Unprocessed Synthetic Staple Fibers’s highest import potential is South Korea with an import gap of $26.7M.

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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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Unprocessed Synthetic Staple Fibers.

Country by Relatedness

The following visualization shows the relatedness of Unprocessed Synthetic Staple Fibers 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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