590220 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Tyre cord fabric of polyester. In 2022, Tyre cord fabric of polyester were the world's 1662nd most traded product, with a total trade of $1.67B. Between 2021 and 2022 the exports of Tyre cord fabric of polyester grew by 2.8%, from $1.63B to $1.67B. Trade in Tyre cord fabric of polyester represent 0.0071% of total world trade.

Tyre cord fabric of polyester are a part of Polyamide Fabric.

Exports In 2022 the top exporters of Tyre cord fabric of polyester  were Vietnam ($585M), China ($421M), South Korea ($160M), Luxembourg ($136M), and United States ($46.1M).

Imports In 2022 the top importers of Tyre cord fabric of polyester were United States ($307M), Germany ($120M), Japan ($117M), Thailand ($113M), and South Korea ($87.8M).

Ranking Tyre cord fabric of polyester ranks 1919th in the Product Complexity Index (PCI).

Description Tyre cord fabric is often used in the manufacturing of upholstery, with more than a third of the fabric being used in furniture.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Tyre cord fabric of polyester. 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)Vietnam$585M
Top Destination (2022)United States$307M

In 2022 Tyre cord fabric of polyester were the world's 1662nd most traded product (out of 4,648).

In 2022, the top exporters of Tyre cord fabric of polyester were Vietnam ($585M), China ($421M), South Korea ($160M), Luxembourg ($136M), and United States ($46.1M).

In 2022, the top importers of Tyre cord fabric of polyester were United States ($307M), Germany ($120M), Japan ($117M), Thailand ($113M), and South Korea ($87.8M).

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Exporters of Tyre cord fabric of polyester (2022)
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Importers of Tyre cord fabric of polyester (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$61.5M
Top Destination Growth (2021 -  2022)United States$29.4M

Between 2021 and 2022, the exports of Tyre cord fabric of polyester grew the fastest in Vietnam ($61.5M), Luxembourg ($27.1M), Indonesia ($10.7M), Czechia ($9.74M), and Mexico ($3.81M).

Between 2021 and 2022, the fastest growing importers of Tyre cord fabric of polyester were United States ($29.4M), Brazil ($14.7M), France ($11.1M), Canada ($10.5M), and Hungary ($10.1M).

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Exporters of Tyre cord fabric of polyester (2021 - 2022)

Importers of Tyre cord fabric of polyester (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tyre cord fabric of polyester.

In 2022, market concentration measured using Shannon Entropy, was 2.96. This means that most of the exports of Tyre cord fabric of polyester are explained by 7 countries.

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Value of Exports in Tyre cord fabric of polyester

Net Trade

TOP NET EXPORTER (2022)Vietnam$572M
TOP NET IMPORTER (2022)United States$261M

This map shows which countries export or import more of Tyre cord fabric of polyester. Each country is colored based on the difference in exports and imports of Tyre cord fabric of polyester during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tyre cord fabric of polyester were Vietnam ($572M), China ($408M), Luxembourg ($93.3M), South Korea ($72.3M), and Portugal ($23.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Tyre cord fabric of polyester were United States ($261M), Japan ($114M), Thailand ($108M), Germany ($99.5M), and India ($84.1M).

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 Tyre cord fabric of polyester.
It is possible to select the main countries that export or import Tyre cord fabric of polyester in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tyre cord fabric of polyester 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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