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2022
Exports $8.27BWorld Rnk 1 / 158
Flag Rnk 85 / 1216
2022
Destination $137M Vietnam
2021 - 2022
FASTEST GROWING MARKET $137MBrazil
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn0.016Rnk 540 / 1025
2022
Imports $946MWorld Rnk 5 / 210
Flag Rnk 233 / 1212
2022
Origin $4.2M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $4.2MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $8.27B in Non-Retail Synthetic Filament Yarn, making it the 1st largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 85th most exported product in China. The main destination of Non-Retail Synthetic Filament Yarn exports from China are: Vietnam ($788M), Turkey ($743M), Brazil ($608M), India ($587M), and South Korea ($504M).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of China between 2021 and 2022 were Brazil ($137M), Turkey ($101M), and India ($93.1M).

Imports In 2022, China imported $946M in Non-Retail Synthetic Filament Yarn, becoming the 5th largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 233rd most imported product in China. China imports Non-Retail Synthetic Filament Yarn primarily from: Chinese Taipei ($176M), Vietnam ($163M), Japan ($138M), South Korea ($115M), and Netherlands ($59.4M).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for China between 2021 and 2022 were United States ($4.2M), Canada ($4.12M), and Thailand ($2.84M).

COMPANIES In 2023, leading companies such as Mattel (16), At Home Procurement (9), and Cinmar (9) were at the forefront of shipping Non-Retail Synthetic Filament Yarn from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Non-Retail Synthetic Filament Yarn exports accounted up to $694M and imports accounted up to $69.2M, resulting in a positive trade balance of $625M. Between October 2023 and October 2024 the exports of China's   Non-Retail Synthetic Filament Yarn have increased by $145M (26.3%) from $549M to $694M, while imports decreased by $-12.1M (-14.8%) from $81.3M to $69.2M.

Destinations In October 2024, Non-Retail Synthetic Filament Yarn were exported mostly to Vietnam ($79.4M), Pakistan ($57.3M), Turkey ($54M), Egypt ($48.4M), and Brazil ($46.7M), and were imported mostly from Japan ($13M), Vietnam ($11.5M), Chinese Taipei ($11.1M), Netherlands ($6.06M), and Singapore ($5.09M).

Growth In October 2024, the increase in Non-Retail Synthetic Filament Yarn's year-by-year exports was explained primarily by an increase in exports to India ($39.6M or 122%), Netherlands ($6.2M or 100%), and United Arab Emirates ($3.22M or 114%). In October 2024, the decrease in Non-Retail Synthetic Filament Yarn's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-13.4M or -67.7%), Japan ($-6.83M or -41.5%), and Vietnam ($-5.11M or -35%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$145M(26.3%)
IMPORT GROWTH (October 2023 - October 2024)$-12.1M(-14.8%)
MAIN EXPORTER (October 2024)Zhejiang Province$381M
MAIN DESTINATION (October 2024)Vietnam$79.4M

This section shows Non-Retail Synthetic Filament Yarn's exports and imports data at subnational level for China. 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 Non-Retail Synthetic Filament Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.27B
IMPORTS (2022)$946M
NET TRADE (2022)$7.32B

In 2022, China exported $8.27B in Non-Retail Synthetic Filament Yarn. The main destinations of China exports on Non-Retail Synthetic Filament Yarn were Vietnam ($788M), Turkey ($743M), Brazil ($608M), India ($587M), and South Korea ($504M).

In 2022, China imported $946M in Non-Retail Synthetic Filament Yarn, mainly from Chinese Taipei ($176M), Vietnam ($163M), Japan ($138M), South Korea ($115M), and Netherlands ($59.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR China WERE (2021 - 2022):
Brazil$137M (29.1%)
Turkey$101M (15.8%)
India$93.1M (18.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY China WERE (2021 - 2022):
Bangladesh-$38.7M (-10.5%)
Chinese Taipei-$30M (-22.4%)
Colombia-$24.9M (-15%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Non-Retail Synthetic Filament Yarn were:
India $1.18B
Vietnam $1.08B
In 2022, China's main importing competitors in Non-Retail Synthetic Filament Yarn were:
Turkey $1.69B
United States $1.31B
Vietnam $1.22B

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Trade Value of Non-Retail Synthetic Filament Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $232M
TOP IMPORT POTENTIALVietnam+ $80.1M

Non-Retail Synthetic Filament Yarn’s highest export potential is India. With an export gap of $232M.   Non-Retail Synthetic Filament Yarn’s highest import potential is Vietnam with an import gap of $80.1M.

See methodology.

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