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Pricing

2022
Exports $1.54BWorld Rnk 1 / 132
Flag Rnk 350 / 1216
2022
Destination $34.6M Vietnam
2021 - 2022
FASTEST GROWING MARKET $34.6MTurkey
2022
PRODUCT COMPLEXITY IN Unprocessed Synthetic Staple Fibers0.33Rnk 430 / 1025
2022
Imports $466MWorld Rnk 3 / 188
Flag Rnk 365 / 1212
2022
Origin $4.6M Japan
2021 - 2022
FASTEST GROWING ORIGIN $4.6MBelgium
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.54B in Unprocessed Synthetic Staple Fibers, making it the 1st largest exporter of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 350th most exported product in China. The main destination of Unprocessed Synthetic Staple Fibers exports from China are: Vietnam ($174M), Pakistan ($114M), Brazil ($109M), Indonesia ($89.2M), and Bangladesh ($76.1M).

The fastest growing export markets for Unprocessed Synthetic Staple Fibers of China between 2021 and 2022 were Turkey ($34.6M), Israel ($21.4M), and India ($18.3M).

Imports In 2022, China imported $466M in Unprocessed Synthetic Staple Fibers, becoming the 3rd largest importer of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 365th most imported product in China. China imports Unprocessed Synthetic Staple Fibers primarily from: Japan ($124M), South Korea ($93.4M), Chinese Taipei ($57.1M), Thailand ($39.9M), and United States ($31.9M).

The fastest growing import markets in Unprocessed Synthetic Staple Fibers for China between 2021 and 2022 were Belgium ($4.6M), Mexico ($3.52M), and United States ($2.68M).

COMPANIES In 2023, leading companies such as At Home Procurement (4), Costco Wholesale (2), and BSH Home Appliances (2) were at the forefront of shipping Unprocessed Synthetic Staple Fibers from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Unprocessed Synthetic Staple Fibers exports accounted up to $145M and imports accounted up to $38.9M, resulting in a positive trade balance of $106M. Between November 2023 and November 2024 the exports of China's   Unprocessed Synthetic Staple Fibers have increased by $16.5M (12.8%) from $129M to $145M, while imports increased by $69.4k (0.18%) from $38.9M to $38.9M.

Destinations In November 2024, Unprocessed Synthetic Staple Fibers were exported mostly to Vietnam ($30.2M), Pakistan ($15.9M), Bangladesh ($7.28M), Russia ($6.16M), and Indonesia ($6.09M), and were imported mostly from Japan ($8.96M), South Korea ($6.27M), Thailand ($4.57M), Chinese Taipei ($4.43M), and United States ($3.68M).

Growth In November 2024, the increase in Unprocessed Synthetic Staple Fibers's year-by-year exports was explained primarily by an increase in exports to Turkey ($7.88M or 377%), Pakistan ($3.83M or 45.3%), and Indonesia ($3.37M or 64.1%). In November 2024, the increase in Unprocessed Synthetic Staple Fibers's year-by-year imports was explained primarily by an increase in imports from Switzerland ($183k or 13.9%), Italy ($101k or 4.42k%), and United States ($85.3k or 3.89%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$16.5M(12.8%)
IMPORT GROWTH (November 2023 - November 2024)$69.4k(0.18%)
MAIN EXPORTER (November 2024)Zhejiang Province$60.1M
MAIN DESTINATION (November 2024)Vietnam$30.2M

This section shows Unprocessed Synthetic Staple Fibers'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 Unprocessed Synthetic Staple Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.54B
IMPORTS (2022)$466M
NET TRADE (2022)$1.08B

In 2022, China exported $1.54B in Unprocessed Synthetic Staple Fibers. The main destinations of China exports on Unprocessed Synthetic Staple Fibers were Vietnam ($174M), Pakistan ($114M), Brazil ($109M), Indonesia ($89.2M), and Bangladesh ($76.1M).

In 2022, China imported $466M in Unprocessed Synthetic Staple Fibers, mainly from Japan ($124M), South Korea ($93.4M), Chinese Taipei ($57.1M), Thailand ($39.9M), and United States ($31.9M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Synthetic Staple Fibers EXPORT MARKETS FOR China WERE (2021 - 2022):
Turkey$34.6M (105%)
Israel$21.4M (82.5%)
India$18.3M (34.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Synthetic Staple Fibers BY China WERE (2021 - 2022):
United States-$20.1M (-26.6%)
Vietnam-$10.7M (-5.8%)
El Salvador-$10M (-68.6%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Unprocessed Synthetic Staple Fibers were:
South Korea $1.09B
Thailand $575M
In 2022, China's main importing competitors in Unprocessed Synthetic Staple Fibers were:
United States $906M
Germany $545M

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Trade Value of Unprocessed Synthetic Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $44.5M
TOP IMPORT POTENTIALSouth Korea+ $26.7M

Unprocessed Synthetic Staple Fibers’s highest export potential is India. With an export gap of $44.5M.   Unprocessed Synthetic Staple Fibers’s highest import potential is South Korea with an import gap of $26.7M.

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