Product intelligence · HS 551423 · 2024 data

Fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514

Global exports of fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514 totalled $125,010,512 in 2024, a +2.3% change from the previous year. Traded by 83 countries across 1,027 bilateral corridors, with demand from 155 importing markets. The long-term trend is declining.

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

Global trade

$125.0M

+2.3% YoY

3Y / 5Y CAGR

-4.9%

5Y: -4.0%

Supply structure

Concentrated

HHI 0.308

Volatility

Low

Score 10/100

1.

Market movement

In 2024, fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514 trade exhibited modest growth, with global flows reaching $125,010,512 and a three-year compound annual growth rate of -4.9% (five-year: -4.0%). The all-time peak of $269,667,553 was recorded in 2014; the current level is 54% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+2.5% acceleration).

The World Trade Flows Characterization classifies fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514 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 concentrated (Herfindahl-Hirschman Index 0.308). The three largest exporters — China ($69.3M), Spain ($15.3M), and Belgium ($7.4M) — collectively dominate supply flows. The leading exporter has grown at -8.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.040). The three largest import markets are Bangladesh ($16.2M), Vietnam ($10.6M), and Haiti ($7.9M). The largest importing market sources from 10 different supplying countries.

Estimated substitution elasticity: -11.53. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Spain → Bangladesh at $14.5M, representing 33.5% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514 is 10 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. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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

Historical evidence

Annual trade value 19952024

Peak: $269,667,553 in 2014. Currently 54% below peak.

YearGlobal trade (USD)YoY growth
2015$248,988,307-7.7%
2016$235,910,687-5.3%
2017$214,570,251-9.0%
2018$219,329,378+2.2%
2019$153,305,700-30.1%
2020$114,271,867-25.5%
2021$145,283,614+27.1%
2022$152,070,971+4.7%
2023$122,223,173-19.6%
2024$125,010,512+2.3%

Top exporting countries

Ranked by export value of fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514 in 2024.

View all 83 exporters →

Top importing markets

Largest import destinations for fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514.

View all 155 markets →

Leading trade corridors

Largest bilateral export flows for fabrics, woven: dyed, containing less than 85% by weight of polyester staple fibres, mixed mainly or solely with cotton, exceeding 170g/m2, n.e.s. in heading no. 5514, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1SpainBangladesh$14.5M+113.9%
2ChinaBangladesh$11.3M-17.2%
3TaiwanBangladesh$4.3M+143.4%
4ChinaVietnam$3.3M-21.2%
5JapanVietnam$2.0M+0.0%
6South KoreaVietnam$1.3M-18.5%
7Hong KongBangladesh$1.0M+8.5%
8SloveniaVietnam$926.5K

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.