In 2023, China led as the top exporter of manmade filaments, commanding a significant share with exports valued at $16.64 billion. South Korea and Japan followed, contributing $2.86 billion and $2.06 billion respectively. India's exports were valued at $1.93 billion, closely trailed by Italy at $1.92 billion. The United States, Germany, Turkey, the UAE, and Indonesia ranged between $1.75 to $1 billion. Year-on-year growth has signaled significant expansion for Asian countries, particularly China, South Korea, and India, given their manufacturing capabilities and cost advantages.
Future trends suggest further dominance by China, driven by increased domestic production capabilities and technological advancements. The expansion in South Asia, coupled with increasing industrialization in Turkey and the UAE, will continue influencing the sector. Global supply chain dynamics and environmental regulations may also alter growth trajectories for these exporters.
Top countries in Top Exporters of Manmade Filaments
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 16,640 | 2016 | |
| 2 | 2 South Korea | 2,860 | 2016 | |
| 3 | 3 Japan | 2,060 | 2016 | |
| 4 | 4 India | 1,930 | 2016 | |
| 5 | 5 Italy | 1,920 | 2016 | |
| 6 | 6 United States | 1,750 | 2016 | |
| 7 | 7 Germany | 1,520 | 2016 | |
| 8 | 8 Turkey | 1,490 | 2016 | |
| 9 | 9 United Arab Emirates | 1,100 | 2016 | |
| 10 | 10 Indonesia | 1,000 | 2016 |
