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540720 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.16BRnk 1949 / 4644
2023
Top Exporter | Top Importer $230M | $254MChina | United States
2023
Product Complexity -0.66Rnk 3443 / 4656
2022 - 2023
Export Growth (CAGR) -22.9%Rnk 3884 / 4644
2023
Share of World Trade 0.0051%Rnk 1949 / 4644

About

Overview This page contains the latest trade data of Woven fabric of strip etc, synthetic textile material. In 2023, Woven fabric of strip etc, synthetic textile material were the world's 1949th most traded product, with a total trade of $1.16B. Between 2022 and 2023 the exports of Woven fabric of strip etc, synthetic textile material decreased by -22.9%, from $1.51B to $1.16B. Trade in Woven fabric of strip etc, synthetic textile material represent 0.0051% of total world trade.

Woven fabric of strip etc, synthetic textile material are a part of Synthetic Filament Yarn Woven Fabric.

Exports In 2023 the top exporters of Woven fabric of strip etc, synthetic textile material  were China ($230M), India ($143M), Saudi Arabia ($110M), Turkey ($77.9M), and Vietnam ($72.4M).

Imports In 2023 the top importers of Woven fabric of strip etc, synthetic textile material were United States ($254M), Netherlands ($59.7M), Canada ($42.1M), France ($39.1M), and Vietnam ($38.5M).

Ranking Woven fabric of strip etc, synthetic textile material ranks 3443rd in the Product Complexity Index (PCI).

Description Woven fabric is a fabric that is woven together from threads of different colors. Strip fabrics are fabrics that are only one color and one size. Synthetic textiles are fabrics that are made from synthetic materials such as polyester or nylon.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Woven fabric of strip etc, synthetic textile material. 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$230M
Top Destination (2023)United States$254M

In 2023 Woven fabric of strip etc, synthetic textile material were the world's 1949th most traded product (out of 4,644).

In 2023, the top exporters of Woven fabric of strip etc, synthetic textile material were China ($230M), India ($143M), Saudi Arabia ($110M), Turkey ($77.9M), and Vietnam ($72.4M).

In 2023, the top importers of Woven fabric of strip etc, synthetic textile material were United States ($254M), Netherlands ($59.7M), Canada ($42.1M), France ($39.1M), and Vietnam ($38.5M).

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Exporters of Woven fabric of strip etc, synthetic textile material (2023)
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Importers of Woven fabric of strip etc, synthetic textile material (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$5.86M
Top Destination Growth (2022 -  2023)South Africa$5.64M

Between 2022 and 2023, the exports of Woven fabric of strip etc, synthetic textile material grew the fastest in Netherlands ($5.86M), United Kingdom ($4.01M), Pakistan ($3.11M), Iran ($2.51M), and France ($1.51M).

Between 2022 and 2023, the fastest growing importers of Woven fabric of strip etc, synthetic textile material were South Africa ($5.64M), Azerbaijan ($4.93M), Mongolia ($3.98M), Kazakhstan ($3.17M), and Vietnam ($2.75M).

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Exporters of Woven fabric of strip etc, synthetic textile material (2022 - 2023)

Importers of Woven fabric of strip etc, synthetic textile material (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Woven fabric of strip etc, synthetic textile material.

In 2023, market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Woven fabric of strip etc, synthetic textile material are explained by 21 countries.

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Value of Exports in Woven fabric of strip etc, synthetic textile material

Net Trade

This map shows which countries export or import more of Woven fabric of strip etc, synthetic textile material. Each country is colored based on the difference in exports and imports of Woven fabric of strip etc, synthetic textile material during 2023.

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 Woven fabric of strip etc, synthetic textile material.
It is possible to select the main countries that export or import Woven fabric of strip etc, synthetic textile material in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Woven fabric of strip etc, synthetic textile material 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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