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Synthetic fiber yarn: top exporters and importers (2024)

In 2024, world trade in synthetic fiber yarn totaled $4.6 billion (1.6 million tonnes). The top exporters were China (34%), India (9%) and the United States (9%); the top importers were Bangladesh (10%), Honduras (7%) and Brazil (5%). Compared with 2019, the value fell 14%.

Summary

World trade
$4.6billion
Tonnes
1.6million tonnes
Price per tonne
$2,994
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.6 billion · 33.6%
  2. India$441 million · 9.5%
  3. United States$436 million · 9.4%
  4. Indonesia$391 million · 8.4%
  5. Turkey$372 million · 8%
  6. Vietnam$235 million · 5.1%
  7. Thailand$173 million · 3.7%
  8. Italy$115 million · 2.5%
  9. Germany$101 million · 2.2%
  10. Nepal$82 million · 1.8%
  11. Spain$81 million · 1.7%
  12. Romania$60 million · 1.3%
  13. Slovakia$52 million · 1.1%
  14. Egypt$47 million · 1%
  15. Hong Kong$35 million · 0.76%
    re-exports
  16. Czechia$31 million · 0.67%
  17. Taiwan$29 million · 0.62%
  18. Belgium$29 million · 0.62%
    re-exports
  19. Slovenia$27 million · 0.57%
  20. Bulgaria$24 million · 0.51%

Top importers

  1. Bangladesh$459 million · 9.9%
  2. Honduras$340 million · 7.3%
  3. Brazil$245 million · 5.3%
  4. Vietnam$216 million · 4.7%
  5. Turkey$193 million · 4.2%
  6. India$182 million · 3.9%
  7. Egypt$157 million · 3.4%
  8. Germany$151 million · 3.3%
  9. Colombia$147 million · 3.2%
  10. Italy$139 million · 3%
  11. South Korea$129 million · 2.8%
  12. United States$119 million · 2.6%
  13. Russia$110 million · 2.4%
  14. France$103 million · 2.2%
  15. China$100 million · 2.2%
  16. Spain$82 million · 1.8%
  17. El Salvador$74 million · 1.6%
  18. Japan$73 million · 1.6%
  19. Morocco$72 million · 1.5%
  20. Mexico$69 million · 1.5%

Trend

Who sells it

China was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • China 1.6
  • India 0.44
  • United States 0.44
  • Indonesia 0.39
  • Turkey 0.37

Source: CEPII BACI

Show the numbers
Country19952024
China0.431.6
India0.190.44
United States0.090.44
Indonesia0.290.39
Turkey0.130.37

Price

Implied price

The price per tonne fell 30% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $2,994

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$4,251
1996$4,083
1997$3,755
1998$3,416
1999$3,093
2000$3,132
2001$3,224
2002$3,011
2003$3,206
2004$3,420
2005$3,094
2006$3,414
2007$3,544
2008$3,795
2009$3,303
2010$3,735
2011$4,349
2012$4,154
2013$3,996
2014$3,909
2015$3,560
2016$3,353
2017$3,286
2018$3,545
2019$3,276
2020$3,023
2021$3,386
2022$3,715
2023$3,245
2024$2,994

What it includes

  • 5509 · Synthetic fiber yarn

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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