HS Code:
The category 'Other woven fabrics, containing 85 percent or more by weight of filaments of nylon or other polyamides' (HS Code: 5407.41) includes woven fabrics primarily made of nylon or other polyamide filaments. These fabrics are widely used in various applications, including apparel, industrial textiles, and home furnishings due to their durability, elasticity, and resistance to abrasion. This category does not include fabrics mixed with other fibers where nylon or polyamides constitute less than 85% of the weight. Global trade in this category is driven by demand in fashion, sportswear, and technical textile industries, with significant production and export hubs in Asia and Europe.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
8.5%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Korea FTA)
Growing demand for sustainable and recycled nylon fabrics
Increased investment in eco-friendly production technologies and a shift in consumer preference towards sustainable textiles
2021-2023
Rise in technical textile applications
Higher demand for nylon fabrics in automotive, aerospace, and medical sectors due to their strength and versatility
2020-2022
Shift of production to Southeast Asia
Lower labor costs and favorable trade policies have led to increased exports from countries like Vietnam and Thailand
2019-2023
The European Union introduced anti-dumping duties ranging from 5% to 10% on nylon fabric imports from China to protect domestic manufacturers.
March 2023
Potential increase in prices for EU consumers and a shift in sourcing to other Asian countries like South Korea and Taiwan.
The United States-Mexico-Canada Agreement (USMCA) has reduced tariffs on nylon fabrics within the region, encouraging intra-regional trade.
July 2022
Increased exports from Mexico to the US and Canada, strengthening regional supply chains.
Major textile manufacturers in South Korea announced new lines of recycled nylon fabrics, responding to global sustainability trends.
September 2023
Likely to enhance South Korea's market share in eco-conscious markets like Europe and North America.