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Woven fabric >85% synthetic staple fibre nes

551299 (Harmonized System 1992 for 6-digit)

2023
World Trade $492MRnk 2876 / 4644
2023
Top Exporter | Top Importer $110M | $64MUnited States | Mexico
2023
Product Complexity 1.11Rnk 615 / 4656
2022 - 2023
Export Growth (CAGR) -17.8%Rnk 3490 / 4644
2023
Share of World Trade 0.0022%Rnk 2876 / 4644

About

Overview This page contains the latest trade data of Woven fabric >85% synthetic staple fibre not elsewhere specified. In 2023, Woven fabric >85% synthetic staple fibre not elsewhere specified were the world's 2876th most traded product, with a total trade of $492M. Between 2022 and 2023 the exports of Woven fabric >85% synthetic staple fibre not elsewhere specified decreased by -17.8%, from $598M to $492M. Trade in Woven fabric >85% synthetic staple fibre not elsewhere specified represent 0.0022% of total world trade.

Woven fabric >85% synthetic staple fibre not elsewhere specified are a part of Synthetic Fabrics.

Exports In 2023 the top exporters of Woven fabric >85% synthetic staple fibre not elsewhere specified  were United States ($110M), China ($87.1M), Spain ($42.1M), Germany ($36.9M), and Chinese Taipei ($34.6M).

Imports In 2023 the top importers of Woven fabric >85% synthetic staple fibre not elsewhere specified were Mexico ($64M), United Arab Emirates ($27.7M), Germany ($18.1M), India ($17.2M), and Canada ($17.1M).

Ranking Woven fabric >85% synthetic staple fibre not elsewhere specified ranks 615th in the Product Complexity Index (PCI).

Description When it comes to the fabric industry, woven fabric is the most common fabric used. Woven fabric is typically made up of 85% synthetic staple fibre. Synthetic staple fibre is made up of plastic, nylon, polyester, acrylic, and other synthetic materials. Woven fabric can be used for a variety of items including clothes, bed linens, furniture, and more.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Woven fabric >85% synthetic staple fibre not elsewhere specified. 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)United States$110M
Top Destination (2023)Mexico$64M

In 2023 Woven fabric >85% synthetic staple fibre not elsewhere specified were the world's 2876th most traded product (out of 4,644).

In 2023, the top exporters of Woven fabric >85% synthetic staple fibre not elsewhere specified were United States ($110M), China ($87.1M), Spain ($42.1M), Germany ($36.9M), and Chinese Taipei ($34.6M).

In 2023, the top importers of Woven fabric >85% synthetic staple fibre not elsewhere specified were Mexico ($64M), United Arab Emirates ($27.7M), Germany ($18.1M), India ($17.2M), and Canada ($17.1M).

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Exporters of Woven fabric >85% synthetic staple fibre not elsewhere specified (2023)
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Importers of Woven fabric >85% synthetic staple fibre not elsewhere specified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$7.31M
Top Destination Growth (2022 -  2023)Saudi Arabia$6.46M

Between 2022 and 2023, the exports of Woven fabric >85% synthetic staple fibre not elsewhere specified grew the fastest in France ($7.31M), United Kingdom ($4.21M), Austria ($2.82M), Mexico ($2.59M), and India ($2.12M).

Between 2022 and 2023, the fastest growing importers of Woven fabric >85% synthetic staple fibre not elsewhere specified were Saudi Arabia ($6.46M), Turkey ($5.94M), Argentina ($5.05M), Canada ($3.99M), and Belgium ($3.76M).

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Exporters of Woven fabric >85% synthetic staple fibre not elsewhere specified (2022 - 2023)

Importers of Woven fabric >85% synthetic staple fibre not elsewhere specified (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Woven fabric >85% synthetic staple fibre not elsewhere specified.

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Woven fabric >85% synthetic staple fibre not elsewhere specified are explained by 15 countries.

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Value of Exports in Woven fabric >85% synthetic staple fibre not elsewhere specified

Net Trade

TOP NET EXPORTER (2023)United States$102M
TOP NET IMPORTER (2023)Mexico$55.7M

This map shows which countries export or import more of Woven fabric >85% synthetic staple fibre not elsewhere specified. Each country is colored based on the difference in exports and imports of Woven fabric >85% synthetic staple fibre not elsewhere specified during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Woven fabric >85% synthetic staple fibre not elsewhere specified were United States ($102M), China ($78.9M), Spain ($39.9M), Chinese Taipei ($33.9M), and France ($18.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Woven fabric >85% synthetic staple fibre not elsewhere specified were Mexico ($55.7M), United Arab Emirates ($21.8M), Canada ($16.4M), Saudi Arabia ($16.2M), and Argentina ($13M).

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% synthetic staple fibre not elsewhere specified.
It is possible to select the main countries that export or import Woven fabric >85% synthetic staple fibre not elsewhere specified in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Woven fabric >85% synthetic staple fibre not elsewhere specified 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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