The global export of yarn of synthetic staple fibers, primarily comprising over 85% of such fibers, reveals notable geographical variances. As of 2023, China leads exports, showing a consistent year-on-year growth at 3.41%. Further significant contributors include the United States, India, and Canada, with India achieving a growth rate of 4.93%. Conversely, European countries such as Germany and France experience declines, with Germany decreasing by 4.94% and France by 7.35%. Interesting trends are observed in emerging markets like Pakistan, with a commendable 5.4% rise. Some fluctuations are noted, with Spain, Peru, and South Korea seeing significant declines.
Future export trends to watch include:
- The potential for increased exports from Asian countries, driven by India and Pakistan's robust growth.
- Adaptation in European markets to stabilize negative trends.
- The impact of economic alliances and trade agreements on these emerging markets.
Top countries in Export of Yarn of Synthetic Staple Fibres, Containing 85% or More by Weight of Such Fibres by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 35,796,000 | 2023 | +3.17% | +3.41% | View data |
| 2 | 2 United States | 24,740,000 | 2023 | +2.02% | +1.86% | View data |
| 3 | 3 India | 17,281,000 | 2023 | +4.2% | +4.93% | View data |
| 4 | 4 Canada | 13,302,000 | 2023 | -3.47% | -2.79% | View data |
| 5 | 5 Germany | 6,946,800 | 2023 | -5.36% | -4.94% | View data |
| 6 | 6 Netherlands | 6,749,800 | 2023 | +3.04% | +4.4% | View data |
| 7 | 7 Serbia | 4,545,000 | 2023 | +6.74% | +0.89% | View data |
| 8 | 8 United Kingdom | 4,439,200 | 2023 | -1.37% | -2.49% | View data |
| 9 | 9 Pakistan | 3,371,500 | 2023 | +4.79% | +5.4% | View data |
| 10 | 10 Malaysia | 3,262,400 | 2023 | +6.65% | +1.02% | View data |
