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Woven fabrics of artificial staple fibres

5516 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.03BRnk 600 / 1217
2023
Top Exporter | Top Importer $2.86B | $363MChina | Morocco
2023
Product Complexity -0.12Rnk 611 / 1044
2022 - 2023
Export Growth (CAGR) -4.96%Rnk 566 / 1217
2023
Share of World Trade 0.018%Rnk 600 / 1217

About

Overview This page contains the latest trade data of Woven Fabric of Synthetic Staple Fibers. In 2023, Woven Fabric of Synthetic Staple Fibers were the world's 600th most traded product, with a total trade of $4.03B. Between 2022 and 2023 the exports of Woven Fabric of Synthetic Staple Fibers decreased by -4.96%, from $4.24B to $4.03B. Trade in Woven Fabric of Synthetic Staple Fibers represent 0.018% of total world trade.

Woven Fabric of Synthetic Staple Fibers are a part of Man-made staple fibres. They include Woven fabric <85% artificial staple fibres, printed, Woven fabric <85% artificial staple fibres, dyed, Woven fabric <85% artificial staple+manmade fibre dye, Woven fabric <85% artif staple fibres, unbl/bleached, Woven fabric <85% artificial staples, dyed, nes, Woven fabric <85% artif staple + manmade fil yarn dye, Woven fabric <85% artificial staple fibre, yarn dyed, Woven fabric <85% artificial staples, yarn dyed, nes, Woven fabric <85% artificial staple+cotton, yarn dyed, and Woven fabric <85% artificial staple+cotton, dyed, among others.

Exports In 2023 the top exporters of Woven Fabric of Synthetic Staple Fibers  were China ($2.86B), Turkey ($215M), Italy ($188M), Spain ($138M), and India ($92.6M).

Imports In 2023 the top importers of Woven Fabric of Synthetic Staple Fibers were Morocco ($363M), Bangladesh ($267M), Vietnam ($216M), Brazil ($176M), and Iraq ($164M).

Ranking Woven Fabric of Synthetic Staple Fibers ranks 611th in the Product Complexity Index (PCI).

Description Woven fabrics of artificial staple fibres are commonly used in the production of clothing, home furnishings, and a variety of other products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Woven Fabric of 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$2.86B
Top Destination (2023)Morocco$363M

In 2023 Woven Fabric of Synthetic Staple Fibers were the world's 600th most traded product (out of 1,217).

In 2023, the top exporters of Woven Fabric of Synthetic Staple Fibers were China ($2.86B), Turkey ($215M), Italy ($188M), Spain ($138M), and India ($92.6M).

In 2023, the top importers of Woven Fabric of Synthetic Staple Fibers were Morocco ($363M), Bangladesh ($267M), Vietnam ($216M), Brazil ($176M), and Iraq ($164M).

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Exporters of Woven Fabric of Synthetic Staple Fibers (2023)
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Importers of Woven Fabric of Synthetic Staple Fibers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Portugal$2.89M
Top Destination Growth (2022 -  2023)Uzbekistan$79.2M

Between 2022 and 2023, the exports of Woven Fabric of Synthetic Staple Fibers grew the fastest in Portugal ($2.89M), Sri Lanka ($1.91M), Oman ($1.81M), Singapore ($1.74M), and Japan ($1.44M).

Between 2022 and 2023, the fastest growing importers of Woven Fabric of Synthetic Staple Fibers were Uzbekistan ($79.2M), Algeria ($55.9M), United Arab Emirates ($51.8M), Tajikistan ($45.7M), and Indonesia ($35.3M).

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Exporters of Woven Fabric of Synthetic Staple Fibers (2022 - 2023)

Importers of Woven Fabric of Synthetic Staple Fibers (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.11. This means that most of the exports of Woven Fabric of Synthetic Staple Fibers are explained by 4 countries.

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Value of Exports in Woven Fabric of Synthetic Staple Fibers

Net Trade

TOP NET EXPORTER (2023)China$2.83B
TOP NET IMPORTER (2023)Morocco$360M

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

In 2023, the countries that had a largest trade value in exports than in imports of Woven Fabric of Synthetic Staple Fibers were China ($2.83B), Turkey ($168M), Italy ($104M), Spain ($49.8M), and India ($32.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Woven Fabric of Synthetic Staple Fibers were Morocco ($360M), Bangladesh ($267M), Vietnam ($215M), Brazil ($173M), and Indonesia ($121M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Woven Fabric of Synthetic Staple Fibers, disaggragated by their HS6 level were Woven fabric <85% artificial staple fibres,... ($1.44B), Woven fabric <85% artificial staple fibres,... ($838M), Woven fabric <85% artificial staple+manmade fibre... ($422M), Woven fabric <85% artificial staples, dyed,... ($294M), and Woven fabric <85% artif staple fibres,... ($252M)

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $21.9M
TOP IMPORT POTENTIALTurkey+ $1.41M

Woven Fabric of Synthetic Staple Fibers’s highest export potential is India. With an export gap of $21.9M.  Woven Fabric of Synthetic Staple Fibers’s highest import potential is Turkey with an import gap of $1.41M.

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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 Woven Fabric of Synthetic Staple Fibers.

Country by Relatedness

The following visualization shows the relatedness of Woven Fabric of 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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