Non-Retail Synthetic Filament Yarn in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $8.27B in Non-Retail Synthetic Filament Yarn, making it the 1st largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 85th most exported product in China. The main destination of Non-Retail Synthetic Filament Yarn exports from China are: Vietnam ($788M), Turkey ($743M), Brazil ($608M), India ($587M), and South Korea ($504M).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of China between 2021 and 2022 were Brazil ($137M), Turkey ($101M), and India ($93.1M).

Imports In 2022, China imported $946M in Non-Retail Synthetic Filament Yarn, becoming the 5th largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 233rd most imported product in China. China imports Non-Retail Synthetic Filament Yarn primarily from: Chinese Taipei ($176M), Vietnam ($163M), Japan ($138M), South Korea ($115M), and Netherlands ($59.4M).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for China between 2021 and 2022 were United States ($4.2M), Canada ($4.12M), and Thailand ($2.84M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (1.94k), COSTCO WHOLESALE COPRORATION (290), and MATTEL IMPORT SERVICES CORP (272) were at the forefront of shipping Non-Retail Synthetic Filament Yarn from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Non-Retail Synthetic Filament Yarn exports accounted up to $488M and imports accounted up to $65.3M, resulting in a positive trade balance of $423M. Between February 2023 and February 2024 the exports of China's Non-Retail Synthetic Filament Yarn have decreased by $-99.4M (-16.9%) from $588M to $488M, while imports decreased by $-3.65M (-5.3%) from $68.9M to $65.3M.

Destinations In February 2024, Non-Retail Synthetic Filament Yarn were exported mostly to Vietnam ($43.3M), Turkey ($38.4M), Egypt ($36.4M), Brazil ($35.4M), and South Korea ($34.7M), and were imported mostly from Vietnam ($15.2M), Japan ($10.3M), Taiwan ($7.25M), Netherlands ($5.52M), and Thailand ($5.03M).

Growth In February 2024, the decrease in Non-Retail Synthetic Filament Yarn's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-37.8M or -48.4%), Pakistan ($-21.9M or -41.6%), and South Korea ($-16.9M or -31.9%). In February 2024, the decrease in Non-Retail Synthetic Filament Yarn's year-by-year imports was explained primarily by a decrease in imports from Taiwan ($-13.4M or -67.7%), Japan ($-6.83M or -41.5%), and Vietnam ($-5.11M or -35%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-99.4M(-16.9%)

IMPORT GROWTH (February 2023 - February 2024)$-3.65M(-5.3%)

MAIN EXPORTER (February 2024)Zhejiang Province$342M

MAIN DESTINATION (February 2024)Vietnam$43.3M

This section shows Non-Retail Synthetic Filament Yarn's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Non-Retail Synthetic Filament Yarn over time.

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