HS Code:
The category 'Measuring 3.3 decitex or more but less than 13.2 decitex' typically falls under HS Code 5402, which pertains to synthetic filament yarn (other than sewing thread), not put up for retail sale. This specific range of decitex refers to medium-fine synthetic fibers, often used in the production of textiles, industrial fabrics, and other specialized applications. These fibers are critical in industries requiring specific tensile strength and durability, such as automotive, apparel, and home furnishings. The global trade of this category is influenced by demand for synthetic materials, manufacturing hubs, and trade policies affecting textile industries.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$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
Decreasing
$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
6.5% ad valorem
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as USMCA or EU-Japan EPA)
Rising demand for sustainable synthetic fibers
Increased investment in recycled polyester and bio-based synthetic yarns, pushing exporters to adopt greener technologies
2021-2022
Shift of manufacturing bases to Southeast Asia
Countries like Vietnam and Indonesia are emerging as key players due to lower labor costs and favorable trade agreements
2020-2022
Technological advancements in fiber production
Innovations in high-strength, lightweight synthetic fibers are driving demand in automotive and aerospace sectors
2019-2022
The European Union introduced stricter regulations on synthetic fiber imports, requiring compliance with sustainability and carbon footprint standards.
March 2023
Exporters from non-compliant regions may face higher costs or market access barriers, while sustainable producers gain a competitive edge.
A revised trade agreement reduced tariffs on certain synthetic yarn categories, including those within the 3.3-13.2 decitex range, to promote bilateral trade.
January 2023
Increased export opportunities for Chinese manufacturers to the US market, potentially affecting other exporters.
Vietnam signed multiple free trade agreements, boosting its synthetic yarn exports, particularly in the medium-fine decitex range.
October 2022
Vietnam is becoming a significant competitor to traditional exporters like China and South Korea.