Product intelligence · HS 550620 · 2024 data

Fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning

Global exports of fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning totalled $78,136,791 in 2024, a +3.6% change from the previous year. Traded by 71 countries across 695 bilateral corridors, with demand from 147 importing markets. The long-term trend is growing.

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

Global trade

$78.1M

+3.6% YoY

3Y / 5Y CAGR

+4.0%

5Y: +1.7%

Supply structure

Moderately concentrated

HHI 0.174

Volatility

Low

Score 6/100

1.

Market movement

In 2024, fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning trade exhibited modest growth, with global flows reaching $78,136,791 and a three-year compound annual growth rate of +4.0% (five-year: +1.7%). The all-time peak of $131,631,585 was recorded in 1997; the current level is 41% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+6.3% acceleration).

The World Trade Flows Characterization classifies fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning as "One-way trade" in the low 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 0.174). The three largest exporters — China ($31.1M), South Korea ($9.2M), and Germany ($8.1M) — collectively dominate supply flows. The leading exporter has grown at +9.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.069). The three largest import markets are Vietnam ($15.7M), Italy ($6.3M), and China ($5.8M). The largest importing market sources from 11 different supplying countries.

Estimated substitution elasticity: -20.77. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Vietnam at $10.7M, representing 68.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning is 6 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, modest but steady demand provides a reasonable entry window. 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: $131,631,585 in 1997. Currently 41% below peak.

YearGlobal trade (USD)YoY growth
2015$83,256,693-16.0%
2016$68,216,817-18.1%
2017$68,183,846-0.0%
2018$69,799,892+2.4%
2019$71,835,408+2.9%
2020$59,534,661-17.1%
2021$69,512,836+16.8%
2022$87,563,309+26.0%
2023$75,444,450-13.8%
2024$78,136,791+3.6%

Top exporting countries

Ranked by export value of fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning in 2024.

View all 71 exporters →

Top importing markets

Largest import destinations for fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning.

View all 147 markets →

Leading trade corridors

Largest bilateral export flows for fibres: synthetic staple fibres, of polyesters, carded, combed or otherwise processed for spinning, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ChinaVietnam$10.7M+5.4%
2South KoreaVietnam$3.0M+27.6%
3TaiwanVietnam$1.4M+7.0%
4ThailandVietnam$330.3K+3.7%
5MexicoVietnam$221.6K+749.4%
6ItalyVietnam$130.0K-20.2%
7BangladeshVietnam$78.1K
8FranceVietnam$61.1K+32.8%

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.