HS Code:
The 'Mixed mainly or solely with artificial filaments or metalized yarn (620)' category, falling under the Harmonized System (HS) Code 620, pertains to woven fabrics made primarily from a combination of artificial filaments or metalized yarn with other fibers. This category includes a range of textile products used predominantly in apparel, upholstery, and other industrial applications. These fabrics are valued for their durability, aesthetic appeal (often incorporating shiny or metallic effects), and versatility in design. The global trade of this category is influenced by fashion trends, industrial demand, and advancements in synthetic fiber technology.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 1.1 billion
34.4% of total trade
Increasing
USD 0.5 billion
15.6% of total trade
Increasing
USD 0.3 billion
9.4% of total trade
Stable
USD 0.25 billion
7.8% of total trade
Decreasing
USD 0.2 billion
6.3% of total trade
Stable
Average Rate
8.5%
Highest Rate
25% (applied by certain developing countries to protect local textile industries)
Lowest Rate
0% (under free trade agreements like EU-India FTA or within ASEAN)
Rising demand for sustainable fabrics
Increased interest in eco-friendly artificial filaments and recycled metalized yarns, pushing manufacturers to adopt greener production methods.
2021-2023
Growth in fast fashion
Higher demand for cost-effective, visually appealing fabrics with metalized yarn for trendy apparel, boosting trade volumes from low-cost producers like China and India.
2020-2022
Technological advancements in synthetic fibers
Innovations in durability and texture of artificial filaments have expanded applications in industrial and home furnishing sectors, driving export growth.
2019-2023
The European Union introduced new regulations requiring detailed reporting on the environmental impact of synthetic and metalized yarn production, affecting exporters to the EU market.
June 2023
Exporters from countries like China and India may face higher compliance costs, potentially reducing competitiveness in the EU market.
A recent phase of the US-China trade agreement reduced tariffs on certain textile categories, including mixed artificial filament fabrics, to encourage balanced trade.
March 2023
This has led to a slight increase in Chinese exports to the US, strengthening China's dominance in this category.
India launched a renewed Production Linked Incentive (PLI) scheme to boost textile exports, including mixed filament fabrics, targeting markets in the Middle East and Africa.
January 2023
Indian trade volume in this category is expected to grow by 10-15% annually over the next five years.