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2022
Exports $305MWorld Rnk 10 / 132
Flag Rnk 497 / 1217
2022
Destination $12M Canada
2021 - 2022
FASTEST GROWING MARKET $12MCanada
2022
PRODUCT COMPLEXITY IN Unprocessed Synthetic Staple Fibers0.33Rnk 430 / 1025
2022
Imports $906MWorld Rnk 1 / 188
Flag Rnk 416 / 1216
2022
Origin $25.9M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $25.9MThailand
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $305M in Unprocessed Synthetic Staple Fibers, making it the 10th largest exporter of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 497th most exported product in United States. The main destination of Unprocessed Synthetic Staple Fibers exports from United States are: Canada ($78.2M), Mexico ($66.5M), China ($31.9M), Belgium ($13.4M), and United Kingdom ($10.5M).

The fastest growing export markets for Unprocessed Synthetic Staple Fibers of United States between 2021 and 2022 were Canada ($12M), Belgium ($3.02M), and China ($2.68M).

Imports In 2022, United States imported $906M in Unprocessed Synthetic Staple Fibers, becoming the 1st largest importer of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 416th most imported product in United States. United States imports Unprocessed Synthetic Staple Fibers primarily from: South Korea ($169M), Thailand ($132M), India ($96.8M), Vietnam ($60.4M), and Indonesia ($58.5M).

The fastest growing import markets in Unprocessed Synthetic Staple Fibers for United States between 2021 and 2022 were Thailand ($25.9M), India ($22.5M), and Indonesia ($11.1M).

COMPANIES In 2023, leading companies such as At Home Procurement (5), Costco Wholesale (4), and Poclain Hydraulics (4) were at the forefront of shipping Unprocessed Synthetic Staple Fibers to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Unprocessed Synthetic Staple Fibers exports accounted up to $23.7M and imports accounted up to $55.7M, resulting in a negative trade balance of $32M. Between June 2023 and June 2024 the exports of United States'   Unprocessed Synthetic Staple Fibers have decreased by $-526k (-2.17%) from $24.2M to $23.7M, while imports decreased by $-2.45M (-4.22%) from $58.2M to $55.7M.

Destinations In June 2024, Unprocessed Synthetic Staple Fibers were exported mostly to Canada ($6.34M), Mexico ($4.71M), China ($2.56M), Pakistan ($1.82M), and Belgium ($1.18M), and were imported mostly from South Korea ($14.7M), Thailand ($7.54M), India ($7.38M), Vietnam ($5.37M), and Turkey ($4.7M).

Growth In June 2024, the decrease in Unprocessed Synthetic Staple Fibers's year-by-year exports was explained primarily by a decrease in exports to Pakistan ($-1.26M or -97.9%), Canada ($-1.11M or -16.1%), and Mexico ($-1M or -16.4%). In June 2024, the decrease in Unprocessed Synthetic Staple Fibers's year-by-year imports was explained primarily by a decrease in imports from China ($-4.66M or -57%), Vietnam ($-3.78M or -57.1%), and France ($-2.76M or -73.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-526k(-2.17%)
IMPORT GROWTH (June 2023 - June 2024)$-2.45M(-4.22%)
MAIN EXPORTER (June 2024)South Carolina$6.98M
MAIN DESTINATION (June 2024)Canada$6.34M

This section shows Unprocessed Synthetic Staple Fibers's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Unprocessed Synthetic Staple Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$305M
IMPORTS (2022)$906M
NET TRADE (2022)-$601M

In 2022, United States exported $305M in Unprocessed Synthetic Staple Fibers. The main destinations of United States exports on Unprocessed Synthetic Staple Fibers were Canada ($78.2M), Mexico ($66.5M), China ($31.9M), Belgium ($13.4M), and United Kingdom ($10.5M).

In 2022, United States imported $906M in Unprocessed Synthetic Staple Fibers, mainly from South Korea ($169M), Thailand ($132M), India ($96.8M), Vietnam ($60.4M), and Indonesia ($58.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Synthetic Staple Fibers EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$12M (18.1%)
Belgium$3.02M (29.3%)
China$2.68M (9.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Synthetic Staple Fibers BY United States WERE (2021 - 2022):
Mexico-$6.38M (-8.76%)
Denmark-$3.79M (-90.8%)
Italy-$2.69M (-35.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Unprocessed Synthetic Staple Fibers were:
China $1.54B
South Korea $1.09B
Thailand $575M
In 2022, United States's main importing competitors in Unprocessed Synthetic Staple Fibers were:
Germany $545M
China $466M

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Trade Value of Unprocessed Synthetic Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.57M
TOP IMPORT POTENTIALChina+ $38M

Unprocessed Synthetic Staple Fibers’s highest export potential is China. With an export gap of $7.57M.   Unprocessed Synthetic Staple Fibers’s highest import potential is China with an import gap of $38M.

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