Product intelligence · HS 540773 · 2024 data

Fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours

Global exports of fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours totalled $294,241,650 in 2024, a -0.8% change from the previous year. Traded by 98 countries across 1,973 bilateral corridors, with demand from 175 importing markets. The long-term trend is declining.

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

Global trade

$294.2M

-0.8% YoY

3Y / 5Y CAGR

-6.4%

5Y: -1.9%

Supply structure

Diversified

HHI 0.108

Volatility

Low

Score 3/100

1.

Market movement

In 2024, fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours trade exhibited slight decline, with global flows reaching $294,241,650 and a three-year compound annual growth rate of -6.4% (five-year: -1.9%). The all-time peak of $358,780,693 was recorded in 2021; the current level is 18% below that high-water mark.

Over the 30-year observation window (19952024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-5.3% acceleration).

The World Trade Flows Characterization classifies fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.108). The three largest exporters — China ($74.8M), Türkiye ($40.7M), and Indonesia ($30.0M) — collectively dominate supply flows. The leading exporter has grown at -5.9% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.033). The three largest import markets are United States ($33.4M), Vietnam ($16.6M), and United Kingdom ($12.8M). The largest importing market sources from 35 different supplying countries.

Estimated substitution elasticity: -7.61. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Vietnam at $12.4M, representing 75.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours is 3 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. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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

Historical evidence

Annual trade value 19952024

Peak: $358,780,693 in 2021. Currently 18% below peak.

YearGlobal trade (USD)YoY growth
2015$336,838,880+2.3%
2016$329,863,180-2.1%
2017$317,269,135-3.8%
2018$320,192,129+0.9%
2019$324,393,854+1.3%
2020$291,422,214-10.2%
2021$358,780,693+23.1%
2022$317,131,335-11.6%
2023$296,515,470-6.5%
2024$294,241,650-0.8%

Top exporting countries

Ranked by export value of fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours in 2024.

View all 98 exporters →

Top importing markets

Largest import destinations for fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours.

View all 175 markets →

Leading trade corridors

Largest bilateral export flows for fabrics, woven: containing 85% or more by weight of synthetic filaments (excluding nylon or other polyamides and polyesters), of yarns of different colours, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ChinaVietnam$12.4M+4.5%
2MexicoUnited States$7.9M-2.4%
3United StatesCanada$7.3M+3.3%
4ChinaItaly$6.8M+13.4%
5TürkiyeUnited Kingdom$5.4M-4.9%
6TürkiyeUnited States$5.4M-11.9%
7CanadaUnited States$5.1M-14.4%
8IndonesiaMexico$4.7M+48.6%

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.