HS Code:
Knitted or crocheted fabrics of a width not exceeding 30 cm, containing by weight 5 percent or more of elastomeric yarn or rubber thread, other than those of heading 6001 (HS Code: 6002.40 or 6002.90), are specialized textile products often used in apparel, sportswear, and medical textiles due to their elasticity and flexibility. These fabrics are integral to the production of items like elastic bands, waistbands, cuffs, and other stretchable components in clothing. The global trade of these fabrics is driven by demand in the fashion and textile industries, with significant production and consumption in regions with strong textile manufacturing bases.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC) Trade Map
$450 million USD
37.5% of total trade of total trade
Increasing
$200 million USD
16.7% of total trade of total trade
Stable
$150 million USD
12.5% of total trade of total trade
Increasing
$100 million USD
8.3% of total trade of total trade
Stable
$80 million USD
6.7% of total trade of total trade
Increasing
Average Rate
8.5% ad valorem
Highest Rate
15% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-Korea FTA or USMCA)
Rising demand for sustainable fabrics
Increased interest in eco-friendly elastomeric yarns and recycled materials, pushing manufacturers to adopt greener production methods.
2021-2023
Growth in athleisure and sportswear markets
Higher demand for stretchable fabrics in activewear, driving trade volumes in countries with strong apparel export sectors.
2020-2022
Technological advancements in textile production
Innovations in knitting technology have improved fabric quality and elasticity, enhancing market competitiveness for high-tech producers like South Korea and Taiwan.
2019-2023
The European Union introduced new regulations requiring sustainable sourcing and production documentation for elastomeric fabrics to reduce environmental impact.
January 2023
Increased compliance costs for exporters to the EU, potentially shifting trade flows to less regulated markets.
Following the recovery from COVID-19 disruptions, China reported a 20% increase in exports of knitted fabrics with elastomeric content due to restored supply chains and high global demand.
Mid-2022
Strengthened Chinaโs position as the leading exporter, putting competitive pressure on smaller producers.
The United States imposed additional tariffs on certain textile categories, including elastomeric fabrics, from specific countries as part of trade policy adjustments.
October 2022
Potential redirection of trade flows to countries with preferential trade agreements like Vietnam or Bangladesh.