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550510 (Harmonized System 1992 for 6-digit)

2022
World Trade $253MRnk 3553 / 4648
2022
Top Exporter | Top Importer $32.4M | $32.5MBelgium | Italy
2022
Product Complexity -0.58Rnk 3322 / 4653
2021 - 2022
Export Growth (CAGR) 7.64%Rnk 1884 / 4648
2022
Share of World Trade 0.0011%Rnk 3553 / 4648

About

Overview This page contains the latest trade data of Waste of synthetic fibres. In 2022, Waste of synthetic fibres were the world's 3553rd most traded product, with a total trade of $253M. Between 2021 and 2022 the exports of Waste of synthetic fibres grew by 7.64%, from $235M to $253M. Trade in Waste of synthetic fibres represent 0.0011% of total world trade.

Waste of synthetic fibres are a part of Artificial Fibers Waste.

Exports In 2022 the top exporters of Waste of synthetic fibres  were Belgium ($32.4M), United States ($31.2M), Morocco ($16.8M), Netherlands ($16.7M), and Germany ($11.3M).

Imports In 2022 the top importers of Waste of synthetic fibres were Italy ($32.5M), Germany ($30.7M), Netherlands ($25.7M), India ($15.5M), and Slovenia ($14.7M).

Ranking Waste of synthetic fibres ranks 3322nd in the Product Complexity Index (PCI).

Description Synthetic fibres are commonly used in items such as carpets, clothing, and insulation materials.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Waste of synthetic fibres. 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 (2022)Belgium$32.4M
Top Destination (2022)Italy$32.5M

In 2022 Waste of synthetic fibres were the world's 3553rd most traded product (out of 4,648).

In 2022, the top exporters of Waste of synthetic fibres were Belgium ($32.4M), United States ($31.2M), Morocco ($16.8M), Netherlands ($16.7M), and Germany ($11.3M).

In 2022, the top importers of Waste of synthetic fibres were Italy ($32.5M), Germany ($30.7M), Netherlands ($25.7M), India ($15.5M), and Slovenia ($14.7M).

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Exporters of Waste of synthetic fibres (2022)
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Importers of Waste of synthetic fibres (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Morocco$9.16M
Top Destination Growth (2021 -  2022)Slovenia$11.6M

Between 2021 and 2022, the exports of Waste of synthetic fibres grew the fastest in Morocco ($9.16M), India ($7.54M), Netherlands ($6.37M), Denmark ($6.37M), and Malaysia ($3.65M).

Between 2021 and 2022, the fastest growing importers of Waste of synthetic fibres were Slovenia ($11.6M), Netherlands ($10.5M), Morocco ($5M), Italy ($4.21M), and Greece ($3.07M).

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Exporters of Waste of synthetic fibres (2021 - 2022)

Importers of Waste of synthetic fibres (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Waste of synthetic fibres.

In 2022, market concentration measured using Shannon Entropy, was 4.81. This means that most of the exports of Waste of synthetic fibres are explained by 28 countries.

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Value of Exports in Waste of synthetic fibres

Net Trade

TOP NET EXPORTER (2022)United States$23.4M
TOP NET IMPORTER (2022)Italy$24.3M

This map shows which countries export or import more of Waste of synthetic fibres. Each country is colored based on the difference in exports and imports of Waste of synthetic fibres during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Waste of synthetic fibres were United States ($23.4M), Belgium ($19.8M), Japan ($6.04M), Malaysia ($5.61M), and Denmark ($5.28M).

In 2022, the countries that had a largest trade value in imports than in exports of Waste of synthetic fibres were Italy ($24.3M), Germany ($19.4M), Slovenia ($12.2M), Netherlands ($8.97M), and India ($7.25M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Waste of synthetic fibres 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 (2022)

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