Different trends in export origins (province)

Exports of nylon 6 non-elastic filaments POY, FDY and HOY (HS code 54024510) from Fujian province continued declining in 2021. It was because that the major destination of Fujian’s exports was India, who adopted anti-dumping duty against China since 2019. So export volume from Fujian continuously fell. But export of nylon 6 DTY (HS code 54023111) basically stabilized in 2020 and was repaired up in 2021, with the growth rate higher than the national average rate.

Exports of both nylon 6 non-elastic and elastic filament from Zhejiang province were growing vigorously in 2021, as the non-elastic filaments POY, FDY and HOY (HS code 54024510) exports rose by over 120%, far above the total growth rate, and the DTY (HS code 54023111) exports increased by 51%, also higher than the national average rate.

It was mainly due to the obvious increase in exports to Brazil and Pakistan, as non-elastic filaments exports of Zhejiang to Brazil sharply increased by 10 times, accounting for 55% of the provincial non-elastic filaments exports, and exports to Pakistan surged by 24 times, with the volume second only to Brazil. Nylon 6 DTY exports to Brazil also increased by 88% year-on-year, accounting for nearly 70% of Zhejiang’s DTY exports.

In addition, exports of nylon 6 non-elastic filaments POY, FDY and HOY (HS code 54024510) from Guangdong grew largely, with an increase of 660% year-on-year, and the main growth point was in Asia.

The export performance of Jiangsu was average, and the export of non-elastic filaments had been shrinking year after year, but the market share was small and it had limited impact on the total export of nylon filament.