The global export of woven fabrics of artificial staple fibres is dominated by China, with significant contribution compared to other countries. In 2023, China experienced a 4.94% increase, while Italy and Spain saw mixed changes at -1.33% and 3.24% respectively. India showed the most dynamic growth at 10.92%. Conversely, countries like Germany, South Korea, and Japan faced notable declines of over 11%. The five-year CAGR reflects a global trend of modest growth, yet significant variance across countries.
Future trends to watch:
- Continued dominance of China in global exports with potential expansion into new markets.
- Potential recovery or further decline in European markets like Germany and Italy.
- Observing how emerging economies like India capitalize on growth opportunities in the sector.
- Monitoring geopolitical and trade policy changes that may impact international trade balances.
Top countries in Export of Woven Fabrics of Artificial Staple Fibres by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,544,100,000 | 2023 | +3.46% | +4.94% | View data |
| 2 | 2 Italy | 242,670,000 | 2023 | -0.4% | -1.33% | View data |
| 3 | 3 Spain | 241,100,000 | 2023 | +3.31% | +3.24% | View data |
| 4 | 4 India | 117,540,000 | 2023 | +3.13% | +10.92% | View data |
| 5 | 5 France | 59,854,000 | 2023 | -5.67% | -6.37% | View data |
| 6 | 6 Indonesia | 50,159,000 | 2023 | -0.99% | -0.061% | View data |
| 7 | 7 Germany | 44,864,000 | 2023 | -13.24% | -11.96% | View data |
| 8 | 8 South Korea | 36,278,000 | 2023 | -12.95% | -11.36% | View data |
| 9 | 9 Belgium | 33,153,000 | 2023 | -8.81% | -8.65% | View data |
| 10 | 10 United Kingdom | 28,874,000 | 2023 | -5% | -4.91% | View data |
