Product intelligence · HS 540500 · 2024 data

Monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm

Global exports of monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm totalled $25,493,263 in 2024, a -2.5% change from the previous year. Traded by 73 countries across 567 bilateral corridors, with demand from 134 importing markets. The long-term trend is stable.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$25.5M

-2.5% YoY

3Y / 5Y CAGR

-0.4%

5Y: +5.4%

Supply structure

Moderately concentrated

HHI 0.230

Volatility

Low

Score 7/100

1.

Market movement

In 2024, monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm trade exhibited slight decline, with global flows reaching $25,493,263 and a three-year compound annual growth rate of -0.4% (five-year: +5.4%). The all-time peak of $36,795,096 was recorded in 2008; the current level is 31% below that high-water mark.

Over the 30-year observation window (19952024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (+0.5% acceleration).

The World Trade Flows Characterization classifies monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.230). The three largest exporters — Japan ($11.5M), China ($5.0M), and Belarus ($3.2M) — collectively dominate supply flows. The leading exporter has grown at +1.8% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.156). The three largest import markets are China ($7.9M), Saudi Arabia ($4.1M), and United States ($3.9M). The largest importing market sources from 8 different supplying countries.

The dominant trade corridor is Japan → China at $7.9M, representing 99.9% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm is 7 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $36,795,096 in 2008. Currently 31% below peak.

YearGlobal trade (USD)YoY growth
2015$24,244,370-13.2%
2016$32,589,975+34.4%
2017$24,235,118-25.6%
2018$22,105,625-8.8%
2019$19,612,856-11.3%
2020$16,672,264-15.0%
2021$25,788,164+54.7%
2022$22,310,306-13.5%
2023$26,153,210+17.2%
2024$25,493,263-2.5%

Top exporting countries

Ranked by export value of monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm in 2024.

View all 73 exporters →

Top importing markets

Largest import destinations for monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm.

View all 134 markets →

Leading trade corridors

Largest bilateral export flows for monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1JapanChina$7.9M+2.4%
2BelarusGermany$3.2M-6.1%
3JapanSaudi Arabia$1.5M+10.6%
4JapanUnited States$1.5M-3.0%
5GuatemalaUnited States$1.4M
6PortugalSpain$1.2M-27.4%
7ThailandSaudi Arabia$1.1M+42.4%
8SingaporeSaudi Arabia$1.1M-5.1%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.