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Synthetic staple fibres, not carded, combed or otherwise processed for spinning

5503 (Harmonized System 1992 for 4-digit)

2023
World Trade $6.8BRnk 462 / 1217
2023
Top Exporter | Top Importer $1.45B | $771MChina | United States
2023
Product Complexity 0.11Rnk 529 / 1044
2022 - 2023
Export Growth (CAGR) -18.8%Rnk 1014 / 1217
2023
Share of World Trade 0.03%Rnk 462 / 1217

About

Overview This page contains the latest trade data of Unprocessed Synthetic Staple Fibers. In 2023, Unprocessed Synthetic Staple Fibers were the world's 462nd most traded product, with a total trade of $6.8B. Between 2022 and 2023 the exports of Unprocessed Synthetic Staple Fibers decreased by -18.8%, from $8.37B to $6.8B. Trade in Unprocessed Synthetic Staple Fibers represent 0.03% of total world trade.

Unprocessed Synthetic Staple Fibers are a part of Man-made staple fibres. They include Staple fibres of polyesters, not carded or combed, Staple fibres of acrylic, modacrylic,not carded/combe, Staple fibres of nylon, polyamides, not carded, combe, Staple fibres of polypropylene, not carded or combed, and Synthetic staple fibres, not carded or combed nes.

Exports In 2023 the top exporters of Unprocessed Synthetic Staple Fibers  were China ($1.45B), South Korea ($932M), Thailand ($566M), Chinese Taipei ($375M), and Japan ($339M).

Imports In 2023 the top importers of Unprocessed Synthetic Staple Fibers were United States ($771M), Germany ($457M), China ($432M), Vietnam ($384M), and Turkey ($379M).

Ranking Unprocessed Synthetic Staple Fibers ranks 529th in the Product Complexity Index (PCI).

Description Synthetic staple fibres are used in many applications because they are more durable than natural fibres. They are often used for clothing and carpets because they are less expensive and more durable than natural fibres.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Unprocessed Synthetic Staple Fibers. 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$1.45B
Top Destination (2023)United States$771M

In 2023 Unprocessed Synthetic Staple Fibers were the world's 462nd most traded product (out of 1,217).

In 2023, the top exporters of Unprocessed Synthetic Staple Fibers were China ($1.45B), South Korea ($932M), Thailand ($566M), Chinese Taipei ($375M), and Japan ($339M).

In 2023, the top importers of Unprocessed Synthetic Staple Fibers were United States ($771M), Germany ($457M), China ($432M), Vietnam ($384M), and Turkey ($379M).

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Exporters of Unprocessed Synthetic Staple Fibers (2023)
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Importers of Unprocessed Synthetic Staple Fibers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$18.6M
Top Destination Growth (2022 -  2023)Philippines$16.2M

Between 2022 and 2023, the exports of Unprocessed Synthetic Staple Fibers grew the fastest in Uzbekistan ($18.6M), Greece ($8.44M), Morocco ($4.18M), Canada ($3.9M), and Ghana ($2.46M).

Between 2022 and 2023, the fastest growing importers of Unprocessed Synthetic Staple Fibers were Philippines ($16.2M), Kyrgyzstan ($10.8M), Ethiopia ($5.86M), Morocco ($5.57M), and Japan ($3.41M).

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Exporters of Unprocessed Synthetic Staple Fibers (2022 - 2023)

Importers of Unprocessed Synthetic Staple Fibers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Unprocessed Synthetic Staple Fibers.

In 2023, market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Unprocessed Synthetic Staple Fibers are explained by 19 countries.

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Value of Exports in Unprocessed Synthetic Staple Fibers

Net Trade

TOP NET EXPORTER (2023)China$1.02B
TOP NET IMPORTER (2023)United States$511M

This map shows which countries export or import more of Unprocessed Synthetic Staple Fibers. Each country is colored based on the difference in exports and imports of Unprocessed Synthetic Staple Fibers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Unprocessed Synthetic Staple Fibers were China ($1.02B), South Korea ($899M), Thailand ($462M), Chinese Taipei ($308M), and Japan ($175M).

In 2023, the countries that had a largest trade value in imports than in exports of Unprocessed Synthetic Staple Fibers were United States ($511M), Brazil ($212M), Italy ($195M), Germany ($187M), and Vietnam ($166M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Unprocessed Synthetic Staple Fibers, disaggragated by their HS6 level were Staple fibres of polyesters, not carded... ($4.36B), Staple fibres of nylon, polyamides, not... ($718M), Synthetic staple fibres, not carded or... ($663M), Staple fibres of polypropylene, not carded... ($606M), and Staple fibres of acrylic, modacrylic,not carded/combe ($444M)

HS6 Disaggregation for Unprocessed Synthetic Staple Fibers (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 Unprocessed Synthetic Staple Fibers.
It is possible to select the main countries that export or import Unprocessed Synthetic Staple Fibers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Unprocessed Synthetic Staple Fibers by percentage of total exports

Potential Exports

Potential Exports

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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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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 Unprocessed Synthetic Staple Fibers.

Country by Relatedness

The following visualization shows the relatedness of Unprocessed Synthetic Staple Fibers 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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