Product intelligence · HS 551291 · 2024 data

Fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached

Global exports of fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached totalled $44,740,860 in 2024, a -31.7% change from the previous year. Traded by 69 countries across 608 bilateral corridors, with demand from 120 importing markets. The long-term trend is declining.

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

Global trade

$44.7M

-31.7% YoY

3Y / 5Y CAGR

-5.8%

5Y: -4.3%

Supply structure

Diversified

HHI 0.124

Volatility

Low

Score 15/100

1.

Market movement

In 2024, fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached trade exhibited significant decline, with global flows reaching $44,740,860 and a three-year compound annual growth rate of -5.8% (five-year: -4.3%). The all-time peak of $76,938,616 was recorded in 2012; the current level is 42% below that high-water mark.

Over the 30-year observation window (19952024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (-2.7% acceleration).

The World Trade Flows Characterization classifies fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached 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 diversified (Herfindahl-Hirschman Index 0.124). The three largest exporters — China ($11.1M), Germany ($11.1M), and Indonesia ($5.6M) — collectively dominate supply flows. The leading exporter has grown at -5.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.066). The three largest import markets are Germany ($8.0M), Belgium ($3.7M), and United Kingdom ($3.4M). The largest importing market sources from 24 different supplying countries.

Estimated substitution elasticity: -5.29. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Indonesia → Syria at $5.2M, representing 35.6% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached is 15 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: $76,938,616 in 2012. Currently 42% below peak.

YearGlobal trade (USD)YoY growth
2015$58,625,375-4.2%
2016$71,014,235+21.1%
2017$55,223,973-22.2%
2018$61,195,914+10.8%
2019$55,704,768-9.0%
2020$44,484,388-20.1%
2021$53,577,692+20.4%
2022$55,438,879+3.5%
2023$65,535,423+18.2%
2024$44,740,860-31.7%

Top exporting countries

Ranked by export value of fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached in 2024.

View all 69 exporters →

Top importing markets

Largest import destinations for fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached.

View all 120 markets →

Leading trade corridors

Largest bilateral export flows for fabrics, woven: of synthetic staple fibres, containing 85% or more by weight of such fibres n.e.c. in heading no. 5512, unbleached or bleached, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1IndonesiaSyria$5.2M
2IndiaSyria$4.4M
3FranceBelgium$3.5M-4.5%
4ChinaUnited Kingdom$3.3M+5.8%
5United KingdomGermany$2.2M+36.5%
6GermanyNetherlands$2.1M-8.3%
7South KoreaVietnam$2.0M-8.7%
8ThailandSyria$2.0M+218.8%

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.