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Pricing

2022
Exports $447MWorld Rnk 1 / 125
Flag Rnk 1135 / 4606
2022
Destination $18.6M Vietnam
2021 - 2022
FASTEST GROWING MARKET $18.6MCambodia
2022
Imports $2.11MWorld Rnk 68 / 191
Flag Rnk 3668 / 4539
2022
Origin $31.4k China
2021 - 2022
FASTEST GROWING ORIGIN $31.4kGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $447M in Sewing thread of synthetic staple fibres, making it the 1st largest exporter of Sewing thread of synthetic staple fibres in the world. At the same year, Sewing thread of synthetic staple fibres was the 1135th most exported product in China. The main destination of Sewing thread of synthetic staple fibres exports from China are: Vietnam ($36.2M), Cambodia ($33.3M), Russia ($28M), Bangladesh ($25.8M), and Nigeria ($20.5M).

The fastest growing export markets for Sewing thread of synthetic staple fibres of China between 2021 and 2022 were Cambodia ($18.6M), Nigeria ($5.38M), and Russia ($4.96M).

Imports In 2022, China imported $2.11M in Sewing thread of synthetic staple fibres, becoming the 68th largest importer of Sewing thread of synthetic staple fibres in the world. At the same year, Sewing thread of synthetic staple fibres was the 3668th most imported product in China. China imports Sewing thread of synthetic staple fibres primarily from: China ($932k), Japan ($508k), Hong Kong ($97.3k), South Korea ($86.8k), and Vietnam ($85.4k).

The fastest growing import markets in Sewing thread of synthetic staple fibres for China between 2021 and 2022 were Germany ($31.4k), Switzerland ($17.4k), and Hungary ($16.5k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Sewing thread of synthetic staple fibres from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Sewing thread of synthetic staple fibres exports accounted up to $34.1M and imports accounted up to $113k, resulting in a positive trade balance of $34M. Between July 2023 and July 2024 the exports of China's   Sewing thread of synthetic staple fibres have decreased by $-910k (-2.6%) from $35M to $34.1M, while imports decreased by $-25k (-18.1%) from $138k to $113k.

Destinations In July 2024, Sewing thread of synthetic staple fibres were exported mostly to Vietnam ($2.41M), Russia ($2.24M), Bangladesh ($1.71M), Kyrgyzstan ($1.56M), and Cambodia ($1.43M), and were imported mostly from China ($48.3k), Japan ($23.1k), South Korea ($11.5k), Vietnam ($9.45k), and Hong Kong ($7.56k).

Growth In July 2024, the decrease in Sewing thread of synthetic staple fibres's year-by-year exports was explained primarily by a decrease in exports to Bangladesh ($-2.57M or -59.3%), Vietnam ($-2.1M or -60%), and Hong Kong ($-1.74M or -78.8%). In July 2024, the decrease in Sewing thread of synthetic staple fibres's year-by-year imports was explained primarily by a decrease in imports from China ($-107k or -90.3%), United Kingdom ($-13.7k or -91.2%), and South Korea ($-6.22k or -82%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-910k(-2.6%)
IMPORT GROWTH (July 2023 - July 2024)$-25k(-18.1%)
MAIN EXPORTER (July 2024)Zhejiang Province$23.4M
MAIN DESTINATION (July 2024)Vietnam$2.41M

This section shows Sewing thread of synthetic staple fibres'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 Sewing thread of synthetic staple fibres over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Sewing thread of synthetic staple fibres throughout time. Products without a clear unit are excluded.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$447M
IMPORTS (2022)$2.11M
NET TRADE (2022)$444M

In 2022, China exported $447M in Sewing thread of synthetic staple fibres. The main destinations of China exports on Sewing thread of synthetic staple fibres were Vietnam ($36.2M), Cambodia ($33.3M), Russia ($28M), Bangladesh ($25.8M), and Nigeria ($20.5M).

In 2022, China imported $2.11M in Sewing thread of synthetic staple fibres, mainly from China ($932k), Japan ($508k), Hong Kong ($97.3k), South Korea ($86.8k), and Vietnam ($85.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sewing thread of synthetic staple fibres EXPORT MARKETS FOR China WERE (2021 - 2022):
Cambodia$18.6M (126%)
Nigeria$5.38M (35.5%)
Russia$4.96M (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sewing thread of synthetic staple fibres BY China WERE (2021 - 2022):
Hong Kong-$11.7M (-50.9%)
Bangladesh-$5.55M (-17.7%)
Vietnam-$3.87M (-9.65%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Sewing thread of synthetic staple fibres were:
Egypt $38.9M
Turkey $18.7M
In 2022, China's main importing competitors in Sewing thread of synthetic staple fibres were:
Turkey $52.6M
Vietnam $45.3M
Cambodia $44.3M

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Trade Value of Sewing thread of synthetic staple fibres by Exporters

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