2022
Exports
$1.18BWorld Rnk 2 / 158
Flag Rnk 67 / 1212
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn
0.016Rnk 540 / 1025
2022
Imports
$873MWorld Rnk 6 / 210
Flag Rnk 118 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.18B in Non-Retail Synthetic Filament Yarn, making it the 2nd largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 67th most exported product in India. The main destination of Non-Retail Synthetic Filament Yarn exports from India are: Turkey ($354M), Brazil ($115M), United States ($60M), Bangladesh ($58.1M), and Argentina ($56.7M).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of India between 2021 and 2022 were Turkey ($19M), Argentina ($7.94M), and Morocco ($5.28M).

Imports In 2022, India imported $873M in Non-Retail Synthetic Filament Yarn, becoming the 6th largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 118th most imported product in India. India imports Non-Retail Synthetic Filament Yarn primarily from: China ($587M), South Korea ($47M), Thailand ($44M), Indonesia ($40.3M), and Vietnam ($34.7M).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for India between 2021 and 2022 were China ($93.1M), Thailand ($10M), and United States ($2.19M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (2), At Home Procurement (2), and Sobel Westex (1) were at the forefront of shipping Non-Retail Synthetic Filament Yarn from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Non-Retail Synthetic Filament Yarn. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18B
IMPORTS (2022)$873M
NET TRADE (2022)$302M

In 2022, India exported $1.18B in Non-Retail Synthetic Filament Yarn. The main destinations of India exports on Non-Retail Synthetic Filament Yarn were Turkey ($354M), Brazil ($115M), United States ($60M), Bangladesh ($58.1M), and Argentina ($56.7M).

In 2022, India imported $873M in Non-Retail Synthetic Filament Yarn, mainly from China ($587M), South Korea ($47M), Thailand ($44M), Indonesia ($40.3M), and Vietnam ($34.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR India WERE (2021 - 2022):
Turkey$19M (5.65%)
Argentina$7.94M (16.3%)
Morocco$5.28M (10.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY India WERE (2021 - 2022):
Brazil-$111M (-49.1%)
Egypt-$66.6M (-61.3%)
Syria-$22.4M (-97.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Non-Retail Synthetic Filament Yarn were:
China $8.27B
Vietnam $1.08B
In 2022, India's main importing competitors in Non-Retail Synthetic Filament Yarn were:

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Trade Value of Non-Retail Synthetic Filament Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $46.4M
TOP IMPORT POTENTIALChina+ $232M

Non-Retail Synthetic Filament Yarn’s highest export potential is United States. With an export gap of $46.4M.   Non-Retail Synthetic Filament Yarn’s highest import potential is China with an import gap of $232M.

See methodology.

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