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550390 (Harmonized System 1992 for 6-digit)

2023
World Trade $663MRnk 2558 / 4644
2023
Top Exporter | Top Importer $158M | $119MChina | China
2023
Product Complexity 1.46Rnk 208 / 4656
2022 - 2023
Export Growth (CAGR) -23%Rnk 3888 / 4644
2023
Share of World Trade 0.0029%Rnk 2558 / 4644

About

Overview This page contains the latest trade data of Synthetic staple fibres, not carded or combed nes. In 2023, Synthetic staple fibres, not carded or combed nes were the world's 2558th most traded product, with a total trade of $663M. Between 2022 and 2023 the exports of Synthetic staple fibres, not carded or combed nes decreased by -23%, from $860M to $663M. Trade in Synthetic staple fibres, not carded or combed nes represent 0.0029% of total world trade.

Synthetic staple fibres, not carded or combed nes are a part of Unprocessed Synthetic Staple Fibers.

Exports In 2023 the top exporters of Synthetic staple fibres, not carded or combed nes  were China ($158M), Japan ($95M), South Korea ($79.8M), Chinese Taipei ($64.4M), and Germany ($53.6M).

Imports In 2023 the top importers of Synthetic staple fibres, not carded or combed nes were China ($119M), United States ($48.7M), Brazil ($48.3M), Germany ($47.6M), and Italy ($35.4M).

Ranking Synthetic staple fibres, not carded or combed nes ranks 208th in the Product Complexity Index (PCI).

Description Synthetic staple fibres are twisted, drawn and spun to make yarns that are woven into fabrics. They are used to produce a wide range of products including carpets, upholstery, carpet underlayment, clothing, curtains and drapes, tablecloths, and bedding. Synthetics are used because they are durable, easy to clean, and hypoallergenic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Synthetic staple fibres, not carded or combed nes. 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$158M
Top Destination (2023)China$119M

In 2023 Synthetic staple fibres, not carded or combed nes were the world's 2558th most traded product (out of 4,644).

In 2023, the top exporters of Synthetic staple fibres, not carded or combed nes were China ($158M), Japan ($95M), South Korea ($79.8M), Chinese Taipei ($64.4M), and Germany ($53.6M).

In 2023, the top importers of Synthetic staple fibres, not carded or combed nes were China ($119M), United States ($48.7M), Brazil ($48.3M), Germany ($47.6M), and Italy ($35.4M).

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Exporters of Synthetic staple fibres, not carded or combed nes (2023)
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Importers of Synthetic staple fibres, not carded or combed nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$3.93M
Top Destination Growth (2022 -  2023)Morocco$6.26M

Between 2022 and 2023, the exports of Synthetic staple fibres, not carded or combed nes grew the fastest in Netherlands ($3.93M), Morocco ($3.44M), Paraguay ($746k), Chile ($508k), and Spain ($331k).

Between 2022 and 2023, the fastest growing importers of Synthetic staple fibres, not carded or combed nes were Morocco ($6.26M), Russia ($5.95M), Vietnam ($3.71M), Egypt ($2.06M), and Poland ($1.93M).

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Exporters of Synthetic staple fibres, not carded or combed nes (2022 - 2023)

Importers of Synthetic staple fibres, not carded or combed nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic staple fibres, not carded or combed nes.

In 2023, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Synthetic staple fibres, not carded or combed nes are explained by 11 countries.

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Value of Exports in Synthetic staple fibres, not carded or combed nes

Net Trade

This map shows which countries export or import more of Synthetic staple fibres, not carded or combed nes. Each country is colored based on the difference in exports and imports of Synthetic staple fibres, not carded or combed nes during 2023.

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Synthetic staple fibres, not carded or combed nes.
It is possible to select the main countries that export or import Synthetic staple fibres, not carded or combed nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synthetic staple fibres, not carded or combed nes by percentage of total exports

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)

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