Other Synthetic Fabrics in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $1.73B in Other Synthetic Fabrics, making it the 1st largest exporter of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 328th most exported product in China. The main destination of Other Synthetic Fabrics exports from China are: Vietnam ($155M), Bangladesh ($150M), United Arab Emirates ($80.1M), Nigeria ($74.5M), and Indonesia ($66.9M).

The fastest growing export markets for Other Synthetic Fabrics of China between 2021 and 2022 were Bangladesh ($40.1M), Burma ($30.4M), and United Arab Emirates ($27.7M).

Imports In 2022, China imported $82.6M in Other Synthetic Fabrics, becoming the 14th largest importer of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 690th most imported product in China. China imports Other Synthetic Fabrics primarily from: Japan ($16.8M), South Korea ($15.3M), Chinese Taipei ($8.65M), China ($6.52M), and Italy ($4.28M).

The fastest growing import markets in Other Synthetic Fabrics for China between 2021 and 2022 were China ($3.05M), Chinese Taipei ($2.97M), and Turkey ($2.5M).

COMPANIES In 2023, leading companies such as MICHAEL KORS USA INC (25), AT HOME PROCUREMENT INC (16), and DAVIDS BRIDAL INC (8) were at the forefront of shipping Other Synthetic Fabrics from China to the United States.

Latest Trends

March 2024

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Overview In March 2024 China's Other Synthetic Fabrics exports accounted up to $107M and imports accounted up to $4.33M, resulting in a positive trade balance of $103M. Between March 2023 and March 2024 the exports of China's Other Synthetic Fabrics have decreased by $-46.1M (-30%) from $154M to $107M, while imports decreased by $-399k (-8.43%) from $4.73M to $4.33M.

Destinations In March 2024, Other Synthetic Fabrics were exported mostly to Vietnam ($22.4M), Bangladesh ($13.4M), Afghanistan ($6.6M), Indonesia ($6.03M), and United Arab Emirates ($5.9M), and were imported mostly from Japan ($1.19M), Portugal ($695k), China ($472k), Italy ($412k), and India ($363k).

Growth In March 2024, the decrease in Other Synthetic Fabrics's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-9.06M or -32.4%), Egypt ($-4.45M or -48.9%), and Indonesia ($-4.01M or -25.4%). In March 2024, the decrease in Other Synthetic Fabrics's year-by-year imports was explained primarily by a decrease in imports from United States ($-133k or -60.1%), Chinese Taipei ($-107k or -83.5%), and Japan ($-76.9k or -8.97%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-46.1M(-30%)

IMPORT GROWTH (March 2023 - March 2024)$-399k(-8.43%)

MAIN EXPORTER (March 2024)Zhejiang Province$130M

MAIN DESTINATION (March 2024)Vietnam$22.4M

This section shows Other Synthetic Fabrics'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 Other Synthetic Fabrics over time.

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