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551692 (Harmonized System 1992 for 6-digit)

2023
World Trade $294MRnk 3357 / 4644
2023
Top Exporter | Top Importer $195M | $30.8MChina | Bangladesh
2023
Product Complexity 0.027Rnk 2506 / 4656
2022 - 2023
Export Growth (CAGR) 12.6%Rnk 531 / 4644
2023
Share of World Trade 0.0013%Rnk 3357 / 4644

About

Overview This page contains the latest trade data of Woven fabric <85% artificial staples, dyed, nes. In 2023, Woven fabric <85% artificial staples, dyed, nes were the world's 3357th most traded product, with a total trade of $294M. Between 2022 and 2023 the exports of Woven fabric <85% artificial staples, dyed, nes grew by 12.6%, from $261M to $294M. Trade in Woven fabric <85% artificial staples, dyed, nes represent 0.0013% of total world trade.

Woven fabric <85% artificial staples, dyed, nes are a part of Woven Fabric of Synthetic Staple Fibers.

Exports In 2023 the top exporters of Woven fabric <85% artificial staples, dyed, nes  were China ($195M), Spain ($15.9M), Italy ($15.7M), Turkey ($12.3M), and Germany ($10.9M).

Imports In 2023 the top importers of Woven fabric <85% artificial staples, dyed, nes were Bangladesh ($30.8M), Vietnam ($25.5M), Brazil ($25.3M), Morocco ($22.8M), and Spain ($17.8M).

Ranking Woven fabric <85% artificial staples, dyed, nes ranks 2506th in the Product Complexity Index (PCI).

Description Fabrics such as terrycloth, which is a type of woven fabric made from cotton, are popular for towels and bathrobes because they are absorbent and soft. Other woven fabrics include velour, which is made from synthetic fibers and is sometimes used for clothing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Woven fabric <85% artificial staples, dyed, nes. 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$195M
Top Destination (2023)Bangladesh$30.8M

In 2023 Woven fabric <85% artificial staples, dyed, nes were the world's 3357th most traded product (out of 4,644).

In 2023, the top exporters of Woven fabric <85% artificial staples, dyed, nes were China ($195M), Spain ($15.9M), Italy ($15.7M), Turkey ($12.3M), and Germany ($10.9M).

In 2023, the top importers of Woven fabric <85% artificial staples, dyed, nes were Bangladesh ($30.8M), Vietnam ($25.5M), Brazil ($25.3M), Morocco ($22.8M), and Spain ($17.8M).

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Exporters of Woven fabric <85% artificial staples, dyed, nes (2023)
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Importers of Woven fabric <85% artificial staples, dyed, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$27.7M
Top Destination Growth (2022 -  2023)Spain$9.01M

Between 2022 and 2023, the exports of Woven fabric <85% artificial staples, dyed, nes grew the fastest in China ($27.7M), Spain ($3.13M), United Arab Emirates ($2.93M), Italy ($2.69M), and Austria ($1.02M).

Between 2022 and 2023, the fastest growing importers of Woven fabric <85% artificial staples, dyed, nes were Spain ($9.01M), Egypt ($7.43M), Bangladesh ($6.17M), Iraq ($4.37M), and United Arab Emirates ($4.18M).

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Exporters of Woven fabric <85% artificial staples, dyed, nes (2022 - 2023)

Importers of Woven fabric <85% artificial staples, dyed, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Woven fabric <85% artificial staples, dyed, nes.

In 2023, market concentration measured using Shannon Entropy, was 2.23. This means that most of the exports of Woven fabric <85% artificial staples, dyed, nes are explained by 4 countries.

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Value of Exports in Woven fabric <85% artificial staples, dyed, nes

Net Trade

TOP NET EXPORTER (2023)China$192M
TOP NET IMPORTER (2023)Bangladesh$30.7M

This map shows which countries export or import more of Woven fabric <85% artificial staples, dyed, nes. Each country is colored based on the difference in exports and imports of Woven fabric <85% artificial staples, dyed, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Woven fabric <85% artificial staples, dyed, nes were China ($192M), Turkey ($9.54M), Italy ($7.65M), Germany ($5.32M), and Chinese Taipei ($2.41M).

In 2023, the countries that had a largest trade value in imports than in exports of Woven fabric <85% artificial staples, dyed, nes were Bangladesh ($30.7M), Vietnam ($25.5M), Brazil ($25.3M), Morocco ($22.7M), and Cambodia ($9.82M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Woven fabric <85% artificial staples, dyed, nes.
It is possible to select the main countries that export or import Woven fabric <85% artificial staples, dyed, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Woven fabric <85% artificial staples, dyed, nes 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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