HS Code:
Woven fabrics of synthetic staple fibers, containing less than 85% by weight of such fibers, mixed mainly or solely with cotton, of a weight exceeding 170 g/m² (HS Code: 5514) are primarily used in the production of apparel, home textiles, and industrial applications. These fabrics combine the durability and versatility of synthetic fibers with the comfort and breathability of cotton, making them suitable for heavy-duty clothing like workwear, upholstery, and curtains. This product category plays a significant role in the global textile trade, driven by demand in both developed and emerging markets for affordable and durable materials.
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 200 million
16.7% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Stable
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Increasing
Average Rate
8.5%
Highest Rate
25% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-GSP or USMCA)
Rising demand for sustainable textiles
Increased focus on eco-friendly production processes and recycled synthetic fibers, pushing manufacturers to adopt greener practices to meet consumer and regulatory demands.
2021-2023
Shift towards fast fashion and affordable workwear
Growing demand in emerging markets for cost-effective, durable fabrics has boosted production in low-cost manufacturing hubs like Bangladesh and India.
2020-2022
Technological advancements in textile production
Innovations in weaving and blending techniques have improved fabric quality and reduced production costs, benefiting exporters like China and Turkey.
2019-2023
The European Union introduced stricter sustainability and chemical usage regulations for imported synthetic-cotton blended fabrics under the EU Textile Strategy.
March 2023
Exporters from Asia may face higher compliance costs, potentially affecting trade volumes to the EU market in the short term.
A revised trade agreement reduced tariffs on certain textile categories, including synthetic-cotton blends, as part of ongoing negotiations to ease trade tensions.
January 2023
Chinese exports to the US are expected to rise, potentially increasing market share at the expense of competitors like India and Pakistan.
Bangladesh announced investments in new textile mills focusing on synthetic blends to meet growing global demand, supported by government incentives.
July 2022
This development is likely to strengthen Bangladesh's position in the global market, challenging established players like Pakistan.