HS Icon Woven fabric polyester staple fibres, nes

551519 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Woven fabric polyester staple fibres, nes. In 2020, Woven fabric polyester staple fibres, nes were the world's 3387th most traded product, with a total trade of $241M. Between 2019 and 2020 the exports of Woven fabric polyester staple fibres, nes decreased by -18.9%, from $297M to $241M. Trade in Woven fabric polyester staple fibres, nes represent 0.0014% of total world trade.

Woven fabric polyester staple fibres, nes are a part of Other Synthetic Fabrics.

Exports In 2020 the top exporters of Woven fabric polyester staple fibres, nes  were China ($82.7M), Chinese Taipei ($27M), Thailand ($17.7M), Poland ($13.4M), and India ($12.7M).

Imports In 2020 the top importers of Woven fabric polyester staple fibres, nes were Vietnam ($31.4M), Egypt ($26M), Singapore ($17.1M), Poland ($10.4M), and France ($8.88M).

Tariffs In 2018 the average tariff for Woven fabric polyester staple fibres, nes was 15.4%, making it the 1016th lowest tariff using the HS6 product classification.

Ranking Woven fabric polyester staple fibres, nes ranks 3546th in the Product Complexity Index (PCI).

Description A large amount of polyester staple fibres are used in the production of synthetic fibre carpets. In the garment industry, they are used for the production of polyester clothes.

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The following visualization shows the latest trends on Woven fabric polyester staple fibres, 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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $82.7M

Top Destination (2020): Vietnam, $31.4M

Woven fabric polyester staple fibres, nes are the world's 3387th most traded product.

In 2020, the top exporters of Woven fabric polyester staple fibres, nes were China ($82.7M), Chinese Taipei ($27M), Thailand ($17.7M), Poland ($13.4M), and India ($12.7M).

In 2020, the top importers of Woven fabric polyester staple fibres, nes were Vietnam ($31.4M), Egypt ($26M), Singapore ($17.1M), Poland ($10.4M), and France ($8.88M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Chinese Taipei, $618k

Top Destination Growth (2019 - 2020): Egypt, $24.1M

Between 2019 and 2020, the exports of Woven fabric polyester staple fibres, nes grew the fastest in Chinese Taipei ($618k), United States ($503k), Jordan ($501k), Philippines ($445k), and Romania ($382k).

Between 2019 and 2020, the fastest growing importers of Woven fabric polyester staple fibres, nes were Egypt ($24.1M), South Korea ($5.86M), Singapore ($3.4M), Zambia ($1.88M), and France ($1.41M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Woven fabric polyester staple fibres, nes.

In 2020,  market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Woven fabric polyester staple fibres, nes are explained by 14 countries.

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TOP NET EXPORTER (2020): China, $75.6M

TOP NET IMPORTER (2020): Vietnam, $27.2M

This map shows which countries export or import more of Woven fabric polyester staple fibres, nes. Each country is colored based on the difference in exports and imports of Woven fabric polyester staple fibres, nes during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Woven fabric polyester staple fibres, nes were China ($75.6M), Chinese Taipei ($26.3M), Thailand ($14.4M), India ($12.1M), and Turkey ($5.35M).

In 2020, the countries that had a largest trade value in imports than in exports of Woven fabric polyester staple fibres, nes were Vietnam ($27.2M), Egypt ($25.6M), Singapore ($16.4M), Sri Lanka ($6.78M), and France ($6.21M).

Country Comparison

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

Product Complexity

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Diversification Frontier

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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.