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2022
Exports $2.38BWorld Rnk 2 / 195
Flag Rnk 60 / 96
2022
Destination $137M Honduras
2021 - 2022
FASTEST GROWING MARKET $137MHonduras
2022
PRODUCT COMPLEXITY IN Man-made staple fibres1.12Rnk 127 / 1025
2022
Imports $2.07BWorld Rnk 4 / 218
Flag Rnk 77 / 96
2022
Origin $35.5M China
2021 - 2022
FASTEST GROWING ORIGIN $35.5MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.38B in Man-made staple fibres, making it the 2nd largest exporter of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 60th most exported product in United States. The main destination of Man-made staple fibres exports from United States are: Honduras ($572M), Mexico ($403M), Canada ($174M), Netherlands ($124M), and Indonesia ($119M).

The fastest growing export markets for Man-made staple fibres of United States between 2021 and 2022 were Honduras ($137M), Poland ($38.6M), and Netherlands ($38.2M).

Imports In 2022, United States imported $2.07B in Man-made staple fibres, becoming the 4th largest importer of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 77th most imported product in United States. United States imports Man-made staple fibres primarily from: China ($237M), India ($214M), South Korea ($184M), Thailand ($173M), and Turkey ($154M).

The fastest growing import markets in Man-made staple fibres for United States between 2021 and 2022 were India ($35.5M), Thailand ($23.3M), and Japan ($22.4M).

COMPANIES In 2023, leading companies such as Walmart (2.35k), Dole Fresh Fruit (1.38k), and IKEA Group (1.11k) were at the forefront of shipping Man-made staple fibres to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Man-made staple fibres exports accounted up to $169M and imports accounted up to $128M, resulting in a positive trade balance of $42M. Between June 2023 and June 2024 the exports of United States'   Man-made staple fibres have decreased by $-24.4M (-12.6%) from $194M to $169M, while imports decreased by $-6.58M (-4.91%) from $134M to $128M.

Destinations In June 2024, Man-made staple fibres were exported mostly to Honduras ($30.6M), Mexico ($29.5M), Canada ($14.9M), Netherlands ($9.47M), and United Arab Emirates ($9.44M), and were imported mostly from India ($17.6M), South Korea ($15.2M), Turkey ($11.8M), Thailand ($10.3M), and China ($10.2M).

Growth In June 2024, the decrease in Man-made staple fibres's year-by-year exports was explained primarily by a decrease in exports to Honduras ($-15.6M or -34.7%), Russia ($-2.49M or -99.3%), and Pakistan ($-1.86M or -97.8%). In June 2024, the decrease in Man-made staple fibres's year-by-year imports was explained primarily by a decrease in imports from China ($-14.4M or -58.6%), Vietnam ($-3.67M or -53.2%), and France ($-3.17M or -70.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-24.4M(-12.6%)
IMPORT GROWTH (June 2023 - June 2024)$-6.58M(-4.91%)
MAIN EXPORTER (June 2024)Tennessee$64.4M
MAIN DESTINATION (June 2024)Honduras$30.6M

This section shows Man-made staple fibres's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Man-made staple fibres over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.38B
IMPORTS (2022)$2.07B
NET TRADE (2022)$319M

In 2022, United States exported $2.38B in Man-made staple fibres. The main destinations of United States exports on Man-made staple fibres were Honduras ($572M), Mexico ($403M), Canada ($174M), Netherlands ($124M), and Indonesia ($119M).

In 2022, United States imported $2.07B in Man-made staple fibres, mainly from China ($237M), India ($214M), South Korea ($184M), Thailand ($173M), and Turkey ($154M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Man-made staple fibres EXPORT MARKETS FOR United States WERE (2021 - 2022):
Honduras$137M (31.5%)
Poland$38.6M (532%)
Netherlands$38.2M (44.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Man-made staple fibres BY United States WERE (2021 - 2022):
Belgium-$40.3M (-51.7%)
Nicaragua-$32.7M (-41.9%)
El Salvador-$18.7M (-20%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Man-made staple fibres were:
China $14.4B
Indonesia $2.35B
In 2022, United States's main importing competitors in Man-made staple fibres were:
Bangladesh $2.28B
Turkey $2.19B
Vietnam $2.11B

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Trade Value of Man-made staple fibres by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $20.8M
TOP IMPORT POTENTIALChina+ $124M

Man-made staple fibres’s highest export potential is China. With an export gap of $20.8M.   Man-made staple fibres’s highest import potential is China with an import gap of $124M.

See methodology.

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