551621 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Woven fabric <85% artif staple + manmade fibre unbl/b. In 2022, Woven fabric <85% artif staple + manmade fibre unbl/b were the world's 4325th most traded product, with a total trade of $56.8M. Between 2021 and 2022 the exports of Woven fabric <85% artif staple + manmade fibre unbl/b grew by 16.2%, from $48.9M to $56.8M. Trade in Woven fabric <85% artif staple + manmade fibre unbl/b represent 0.00024% of total world trade.

Woven fabric <85% artif staple + manmade fibre unbl/b are a part of Woven Fabric of Synthetic Staple Fibers.

Exports In 2022 the top exporters of Woven fabric <85% artif staple + manmade fibre unbl/b  were China ($31.1M), Indonesia ($5.8M), Turkey ($3.68M), Italy ($3.66M), and Belgium ($2.2M).

Imports In 2022 the top importers of Woven fabric <85% artif staple + manmade fibre unbl/b were Italy ($15.4M), Japan ($5.98M), Spain ($4.56M), Indonesia ($3.21M), and United States ($2.07M).

Ranking Woven fabric <85% artif staple + manmade fibre unbl/b ranks 2962nd in the Product Complexity Index (PCI).

Description Weaving is used in many types of fabric, such as cotton, wool, and silk. It is used in upholstery, clothing, and many other types of fabric.

Latest Data

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The following visualization shows the latest trends on Woven fabric <85% artif staple + manmade fibre unbl/b. 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)China$31.1M
Top Destination (2022)Italy$15.4M

In 2022 Woven fabric <85% artif staple + manmade fibre unbl/b were the world's 4325th most traded product (out of 4,648).

In 2022, the top exporters of Woven fabric <85% artif staple + manmade fibre unbl/b were China ($31.1M), Indonesia ($5.8M), Turkey ($3.68M), Italy ($3.66M), and Belgium ($2.2M).

In 2022, the top importers of Woven fabric <85% artif staple + manmade fibre unbl/b were Italy ($15.4M), Japan ($5.98M), Spain ($4.56M), Indonesia ($3.21M), and United States ($2.07M).

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Exporters of Woven fabric <85% artif staple + manmade fibre unbl/b (2022)
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Importers of Woven fabric <85% artif staple + manmade fibre unbl/b (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$8.99M
Top Destination Growth (2021 -  2022)Italy$7.11M

Between 2021 and 2022, the exports of Woven fabric <85% artif staple + manmade fibre unbl/b grew the fastest in China ($8.99M), Indonesia ($747k), Turkey ($745k), Belgium ($406k), and Slovakia ($309k).

Between 2021 and 2022, the fastest growing importers of Woven fabric <85% artif staple + manmade fibre unbl/b were Italy ($7.11M), Indonesia ($1.27M), Argentina ($875k), Japan ($843k), and Turkey ($756k).

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Exporters of Woven fabric <85% artif staple + manmade fibre unbl/b (2021 - 2022)

Importers of Woven fabric <85% artif staple + manmade fibre unbl/b (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Woven fabric <85% artif staple + manmade fibre unbl/b.

In 2022, market concentration measured using Shannon Entropy, was 2.69. This means that most of the exports of Woven fabric <85% artif staple + manmade fibre unbl/b are explained by 6 countries.

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Value of Exports in Woven fabric <85% artif staple + manmade fibre unbl/b

Net Trade

TOP NET EXPORTER (2022)China$30.8M
TOP NET IMPORTER (2022)Italy$11.7M

This map shows which countries export or import more of Woven fabric <85% artif staple + manmade fibre unbl/b. Each country is colored based on the difference in exports and imports of Woven fabric <85% artif staple + manmade fibre unbl/b during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Woven fabric <85% artif staple + manmade fibre unbl/b were China ($30.8M), Turkey ($2.68M), Indonesia ($2.59M), Belgium ($1.69M), and Malaysia ($1.59M).

In 2022, the countries that had a largest trade value in imports than in exports of Woven fabric <85% artif staple + manmade fibre unbl/b were Italy ($11.7M), Japan ($5.88M), Spain ($3.6M), United States ($1.94M), and Netherlands ($1.71M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Woven fabric <85% artif staple + manmade fibre unbl/b.
It is possible to select the main countries that export or import Woven fabric <85% artif staple + manmade fibre unbl/b in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Woven fabric <85% artif staple + manmade fibre unbl/b 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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