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540771 (Harmonized System 1992 for 6-digit)

2023
World Trade $274MRnk 3413 / 4644
2023
Top Exporter | Top Importer $127M | $58.2MChina | Philippines
2023
Product Complexity -0.61Rnk 3367 / 4656
2022 - 2023
Export Growth (CAGR) 13.9%Rnk 478 / 4644
2023
Share of World Trade 0.0012%Rnk 3413 / 4644

About

Overview This page contains the latest trade data of Woven fabric >85% synthetic filament, nes. In 2023, Woven fabric >85% synthetic filament, nes were the world's 3413th most traded product, with a total trade of $274M. Between 2022 and 2023 the exports of Woven fabric >85% synthetic filament, nes grew by 13.9%, from $240M to $274M. Trade in Woven fabric >85% synthetic filament, nes represent 0.0012% of total world trade.

Woven fabric >85% synthetic filament, nes are a part of Synthetic Filament Yarn Woven Fabric.

Exports In 2023 the top exporters of Woven fabric >85% synthetic filament, nes  were China ($127M), Vietnam ($21.5M), Turkey ($19.8M), Spain ($16.9M), and Japan ($14.8M).

Imports In 2023 the top importers of Woven fabric >85% synthetic filament, nes were Philippines ($58.2M), Morocco ($14.5M), Mexico ($13.5M), Kyrgyzstan ($11.5M), and Malaysia ($11.1M).

Ranking Woven fabric >85% synthetic filament, nes ranks 3367th in the Product Complexity Index (PCI).

Description Synthetic fibers are used in fabrics for insulation, fire retardant, and strength. The natural fiber characteristic of the fabric has changed to a synthetic fiber for increased durability, insulation, and fire retardant properties.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Woven fabric >85% synthetic filament, 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$127M
Top Destination (2023)Philippines$58.2M

In 2023 Woven fabric >85% synthetic filament, nes were the world's 3413th most traded product (out of 4,644).

In 2023, the top exporters of Woven fabric >85% synthetic filament, nes were China ($127M), Vietnam ($21.5M), Turkey ($19.8M), Spain ($16.9M), and Japan ($14.8M).

In 2023, the top importers of Woven fabric >85% synthetic filament, nes were Philippines ($58.2M), Morocco ($14.5M), Mexico ($13.5M), Kyrgyzstan ($11.5M), and Malaysia ($11.1M).

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Exporters of Woven fabric >85% synthetic filament, nes (2023)
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Importers of Woven fabric >85% synthetic filament, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$54.7M
Top Destination Growth (2022 -  2023)Philippines$56.1M

Between 2022 and 2023, the exports of Woven fabric >85% synthetic filament, nes grew the fastest in China ($54.7M), Turkey ($9.73M), Japan ($2.89M), Spain ($2.78M), and United Arab Emirates ($1.39M).

Between 2022 and 2023, the fastest growing importers of Woven fabric >85% synthetic filament, nes were Philippines ($56.1M), Kyrgyzstan ($9.13M), Egypt ($5.03M), South Korea ($3.41M), and Thailand ($1.96M).

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Exporters of Woven fabric >85% synthetic filament, nes (2022 - 2023)

Importers of Woven fabric >85% synthetic filament, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Woven fabric >85% synthetic filament, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Woven fabric >85% synthetic filament, nes are explained by 9 countries.

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Value of Exports in Woven fabric >85% synthetic filament, nes

Net Trade

TOP NET EXPORTER (2023)China$126M
TOP NET IMPORTER (2023)Morocco$14.1M

This map shows which countries export or import more of Woven fabric >85% synthetic filament, nes. Each country is colored based on the difference in exports and imports of Woven fabric >85% synthetic filament, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Woven fabric >85% synthetic filament, nes were China ($126M), Turkey ($16.2M), Spain ($14.8M), Vietnam ($13.6M), and Japan ($12.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Woven fabric >85% synthetic filament, nes were Morocco ($14.1M), Kyrgyzstan ($11.4M), Malaysia ($11M), Mexico ($10.9M), and Egypt ($9.74M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Woven fabric >85% synthetic filament, nes.
It is possible to select the main countries that export or import Woven fabric >85% synthetic filament, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Woven fabric >85% synthetic filament, 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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