Fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, of synthetic fibres specified in Subheading Note 1 to this Chapter

In 2024, fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, of synthetic fibres specified in subheading note 1 to this chapter trade exhibited slight decline, with global flows reaching $135,200,933 and a three-year compound annual growth rate of -2.2% (five-year: -4.9%). The all-time peak of $231,224,925 was recorded in 1997; the current level is 42% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+1.4% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.115). The three largest exporters — Portugal ($26.4M), South Korea ($25.2M), and Taiwan ($17.5M) — collectively dominate supply flows. The leading exporter has grown at +1.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.064). The three largest import markets are Vietnam ($17.0M), Mexico ($16.4M), and Indonesia ($13.1M). The largest importing market sources from 12 different supplying countries.

The dominant trade corridor is United States → Mexico at $12.8M, representing 78.2% of the importer's total demand.

The volatility score for fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, of synthetic fibres specified in subheading note 1 to this chapter is 4 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.