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Woven fabrics of synthetic filament yarn, including woven fabrics obtained from materials of heading no. 5404

5407 (Harmonized System 1992 for 4-digit)

2023
World Trade $25.7BRnk 175 / 1217
2023
Top Exporter | Top Importer $14.9B | $3.18BChina | Vietnam
2023
Product Complexity -0.58Rnk 746 / 1044
2022 - 2023
Export Growth (CAGR) -6.6%Rnk 626 / 1217
2023
Share of World Trade 0.11%Rnk 175 / 1217

About

Overview This page contains the latest trade data of Synthetic Filament Yarn Woven Fabric. In 2023, Synthetic Filament Yarn Woven Fabric were the world's 175th most traded product, with a total trade of $25.7B. Between 2022 and 2023 the exports of Synthetic Filament Yarn Woven Fabric decreased by -6.6%, from $27.5B to $25.7B. Trade in Synthetic Filament Yarn Woven Fabric represent 0.11% of total world trade.

Synthetic Filament Yarn Woven Fabric are a part of Man-made filaments. They include Woven fabric >85% textured polyester, dyed, nes, Woven fabric >85% non-textured polyester filament, ne, Woven fabric >85% synthetic filament, dyed, nes, Woven hi-ten filament, nylon, polyamide or polyester, Woven fabric >85% nylon, polyamide, dyed, nes, Woven fabric >85% textured polyester, printed, nes, Woven fabric of strip etc, synthetic textile material, Woven fabric >85% textured polyester unbl/bleached,ne, Woven fabric >85% textured polyester, yarn dyed, nes, and Woven fabric synthetic filament, dyed, nes, among others.

Exports In 2023 the top exporters of Synthetic Filament Yarn Woven Fabric  were China ($14.9B), Chinese Taipei ($1.32B), Turkey ($906M), Japan ($887M), and India ($851M).

Imports In 2023 the top importers of Synthetic Filament Yarn Woven Fabric were Vietnam ($3.18B), Bangladesh ($1.18B), Indonesia ($971M), United Arab Emirates ($900M), and China ($730M).

Ranking Synthetic Filament Yarn Woven Fabric ranks 746th in the Product Complexity Index (PCI).

Description Synthetic filament yarn is used in clothing, upholstery, and carpeting.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Synthetic Filament Yarn Woven Fabric. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$14.9B
Top Destination (2023)Vietnam$3.18B

In 2023 Synthetic Filament Yarn Woven Fabric were the world's 175th most traded product (out of 1,217).

In 2023, the top exporters of Synthetic Filament Yarn Woven Fabric were China ($14.9B), Chinese Taipei ($1.32B), Turkey ($906M), Japan ($887M), and India ($851M).

In 2023, the top importers of Synthetic Filament Yarn Woven Fabric were Vietnam ($3.18B), Bangladesh ($1.18B), Indonesia ($971M), United Arab Emirates ($900M), and China ($730M).

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Exporters of Synthetic Filament Yarn Woven Fabric (2023)
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Importers of Synthetic Filament Yarn Woven Fabric (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$179M
Top Destination Growth (2022 -  2023)Pakistan$279M

Between 2022 and 2023, the exports of Synthetic Filament Yarn Woven Fabric grew the fastest in China ($179M), Egypt ($91.4M), Switzerland ($8.73M), Uzbekistan ($4.56M), and Sweden ($4.39M).

Between 2022 and 2023, the fastest growing importers of Synthetic Filament Yarn Woven Fabric were Pakistan ($279M), Algeria ($102M), Saudi Arabia ($87.2M), Sri Lanka ($85.4M), and Afghanistan ($80.8M).

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Exporters of Synthetic Filament Yarn Woven Fabric (2022 - 2023)

Importers of Synthetic Filament Yarn Woven Fabric (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic Filament Yarn Woven Fabric.

In 2023, market concentration measured using Shannon Entropy, was 2.96. This means that most of the exports of Synthetic Filament Yarn Woven Fabric are explained by 7 countries.

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Value of Exports in Synthetic Filament Yarn Woven Fabric

Net Trade

TOP NET EXPORTER (2023)China$14.2B
TOP NET IMPORTER (2023)Vietnam$2.88B

This map shows which countries export or import more of Synthetic Filament Yarn Woven Fabric. Each country is colored based on the difference in exports and imports of Synthetic Filament Yarn Woven Fabric during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Synthetic Filament Yarn Woven Fabric were China ($14.2B), Chinese Taipei ($1.25B), Japan ($609M), South Korea ($608M), and Turkey ($306M).

In 2023, the countries that had a largest trade value in imports than in exports of Synthetic Filament Yarn Woven Fabric were Vietnam ($2.88B), Bangladesh ($1.18B), Burma ($696M), Indonesia ($594M), and Brazil ($583M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Synthetic Filament Yarn Woven Fabric, disaggragated by their HS6 level were Woven fabric >85% textured polyester, dyed,... ($8.18B), Woven fabric >85% non-textured polyester filament,... ($4.12B), Woven fabric >85% synthetic filament, dyed,... ($2.06B), Woven fabric >85% textured polyester, printed,... ($1.97B), and Woven fabric >85% nylon, polyamide, dyed,... ($1.59B)

HS6 Disaggregation for Synthetic Filament Yarn Woven Fabric (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Synthetic Filament Yarn Woven Fabric.
It is possible to select the main countries that export or import Synthetic Filament Yarn Woven Fabric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synthetic Filament Yarn Woven Fabric by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALVietnam+ $173M
TOP IMPORT POTENTIALSouth Korea+ $33.9M

Synthetic Filament Yarn Woven Fabric’s highest export potential is Vietnam. With an export gap of $173M.  Synthetic Filament Yarn Woven Fabric’s highest import potential is South Korea with an import gap of $33.9M.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Synthetic Filament Yarn Woven Fabric.

Country by Relatedness

The following visualization shows the relatedness of Synthetic Filament Yarn Woven Fabric to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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