HS Code:
Open woven fabrics of a width not exceeding 30 cm (HS Code: 5806.10) include narrow woven fabrics such as ribbons, tapes, and trimmings made from materials like cotton, synthetic fibers, or silk. These fabrics are typically used in garment manufacturing, packaging, and decorative applications. This category is characterized by its specialized use in industries requiring narrow, durable, or aesthetically appealing woven materials. Trade in this category is influenced by global textile production hubs, fashion trends, and industrial demand for accessories and trimmings.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade of total trade
Increasing
USD 180 million
15.0% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 120 million
10.0% of total trade of total trade
Stable
USD 100 million
8.3% of total trade of total trade
Increasing
Average Rate
8.5%
Highest Rate
15% (applied by certain developing countries to protect local textile industries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Growing demand for sustainable materials
Increased trade in eco-friendly narrow woven fabrics made from organic cotton or recycled materials, particularly in European markets
2021-2022
Shift towards automation in textile production
Reduction in production costs in major exporting countries like China, leading to higher export volumes and competitive pricing
2020-2022
Rising popularity of customized fashion accessories
Boost in demand for specialized narrow woven fabrics used in bespoke clothing and luxury packaging, benefiting exporters like Italy
2019-2022
The European Union introduced new environmental and safety standards for imported narrow woven fabrics, requiring compliance with REACH regulations and sustainability certifications.
January 2023
Potential increase in production costs for non-compliant exporters, while benefiting suppliers with sustainable practices.
A revised trade agreement reduced tariffs on certain textile categories, including narrow woven fabrics, fostering increased imports from China to the US.
March 2022
Boost in trade volume for Chinese exporters, with a projected 10% growth in exports to the US market in 2023.
The Indian government launched a subsidy program under the 'Make in India' initiative to support textile exporters, including those in the narrow woven fabrics category.
September 2022
Enhanced competitiveness of Indian products in global markets, likely increasing market share in 2023.