HS Code:
This category pertains to wholly polyester filament yarns, measuring not less than 75 decitex but not more than 80 decitex, and having 24 filaments per yarn. These yarns are synthetic fibers commonly used in the textile industry for manufacturing fabrics, apparel, and industrial materials. The specific decitex range and filament count indicate a fine to medium yarn suitable for lightweight and durable applications such as clothing, home textiles, and technical textiles. The HS Code for this category is typically under 5402.33, which covers textured polyester filament yarns, though exact classification may vary by country or specific product use.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
Average Rate
8.5%
Highest Rate
15% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like CPTPP or EU-Vietnam FTA)
Rising demand for sustainable textiles
Increased focus on recycled polyester yarns, driving innovation in production and affecting trade patterns as eco-friendly products gain market share.
2021-2023
Shift in manufacturing bases
Relocation of production from China to Southeast Asian countries like Vietnam due to lower labor costs and favorable trade agreements.
2020-2022
Technological advancements in yarn production
Improved quality and efficiency in filament yarn manufacturing, leading to competitive pricing and higher export volumes from tech-savvy countries like South Korea.
2019-2023
The imposition of additional tariffs by the US on Chinese polyester yarn exports as part of broader trade disputes.
Mid-2022
Shift in trade flows, with US importers sourcing more from India and Vietnam, affecting China's market share.
New EU regulations under the Green Deal mandate stricter environmental standards for synthetic yarn imports, including traceability and carbon footprint reporting.
Early 2023
Increased production costs for exporters not aligned with sustainability standards, potentially benefiting eco-friendly producers.
Vietnam's participation in the CPTPP and EU-Vietnam FTA has reduced tariffs on polyester yarn exports to key markets.
Late 2022
Boosted Vietnam's export volumes, positioning it as a growing competitor to traditional leaders like China.