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2022
Exports $1.73BWorld Rnk 1 / 146
Flag Rnk 328 / 1216
2022
Destination $40.1M Vietnam
2021 - 2022
FASTEST GROWING MARKET $40.1MBangladesh
2022
PRODUCT COMPLEXITY IN Other Synthetic Fabrics-0.22Rnk 620 / 1025
2022
Imports $82.6MWorld Rnk 14 / 198
Flag Rnk 690 / 1212
2022
Origin $3.05M Japan
2021 - 2022
FASTEST GROWING ORIGIN $3.05MChina
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.73B in Other Synthetic Fabrics, making it the 1st largest exporter of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 328th most exported product in China. The main destination of Other Synthetic Fabrics exports from China are: Vietnam ($155M), Bangladesh ($150M), United Arab Emirates ($80.1M), Nigeria ($74.5M), and Indonesia ($66.9M).

The fastest growing export markets for Other Synthetic Fabrics of China between 2021 and 2022 were Bangladesh ($40.1M), Burma ($30.4M), and United Arab Emirates ($27.7M).

Imports In 2022, China imported $82.6M in Other Synthetic Fabrics, becoming the 14th largest importer of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 690th most imported product in China. China imports Other Synthetic Fabrics primarily from: Japan ($16.8M), South Korea ($15.3M), Chinese Taipei ($8.65M), China ($6.52M), and Italy ($4.28M).

The fastest growing import markets in Other Synthetic Fabrics for China between 2021 and 2022 were China ($3.05M), Chinese Taipei ($2.97M), and Turkey ($2.5M).

COMPANIES In 2023, leading companies such as Michael Kors (25), At Home Procurement (16), and David's Bridal (8) were at the forefront of shipping Other Synthetic Fabrics from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Other Synthetic Fabrics exports accounted up to $159M and imports accounted up to $4.02M, resulting in a positive trade balance of $155M. Between November 2023 and November 2024 the exports of China's   Other Synthetic Fabrics have increased by $30.7M (24%) from $128M to $159M, while imports decreased by $-3.29M (-45%) from $7.31M to $4.02M.

Destinations In November 2024, Other Synthetic Fabrics were exported mostly to Vietnam ($25M), Bangladesh ($14.1M), Indonesia ($10.3M), United Arab Emirates ($8.99M), and Cambodia ($8.13M), and were imported mostly from Japan ($1.47M), Portugal ($460k), South Korea ($444k), Turkey ($348k), and India ($272k).

Growth In November 2024, the increase in Other Synthetic Fabrics's year-by-year exports was explained primarily by an increase in exports to Afghanistan ($6.26M or 1.51k%), Algeria ($1.99M or 386%), and Morocco ($1.88M or 93.3%). In November 2024, the decrease in Other Synthetic Fabrics's year-by-year imports was explained primarily by a decrease in imports from United States ($-133k or -60.1%), Chinese Taipei ($-107k or -83.5%), and Japan ($-76.9k or -8.97%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$30.7M(24%)
IMPORT GROWTH (November 2023 - November 2024)$-3.29M(-45%)
MAIN EXPORTER (November 2024)Zhejiang Province$131M
MAIN DESTINATION (November 2024)Vietnam$25M

This section shows Other Synthetic Fabrics'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 Other Synthetic Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.73B
IMPORTS (2022)$82.6M
NET TRADE (2022)$1.65B

In 2022, China exported $1.73B in Other Synthetic Fabrics. The main destinations of China exports on Other Synthetic Fabrics were Vietnam ($155M), Bangladesh ($150M), United Arab Emirates ($80.1M), Nigeria ($74.5M), and Indonesia ($66.9M).

In 2022, China imported $82.6M in Other Synthetic Fabrics, mainly from Japan ($16.8M), South Korea ($15.3M), Chinese Taipei ($8.65M), China ($6.52M), and Italy ($4.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Synthetic Fabrics EXPORT MARKETS FOR China WERE (2021 - 2022):
Bangladesh$40.1M (36.3%)
Burma$30.4M (99.4%)
United Arab Emirates$27.7M (52.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Synthetic Fabrics BY China WERE (2021 - 2022):
Pakistan-$38.3M (-90.6%)
India-$14.8M (-22.5%)
Malaysia-$12.8M (-49%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Synthetic Fabrics were:
India $400M
Turkey $237M
In 2022, China's main importing competitors in Other Synthetic Fabrics were:
Vietnam $284M
Bangladesh $226M
United Arab Emirates $193M

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Trade Value of Other Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $27.8M
TOP IMPORT POTENTIALIndia+ $7.72M

Other Synthetic Fabrics’s highest export potential is India. With an export gap of $27.8M.   Other Synthetic Fabrics’s highest import potential is India with an import gap of $7.72M.

See methodology.

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