In May of 2023, the United States experienced a 29% increase in synthetic yarn exports, amounting to 15,000 tons. However, this figure marked a 15% decrease compared to the same month the previous year. 

The total value of these synthetic yarn exports reached $46 million, indicating a 31% rise from the prior month, yet a 10% dip from the corresponding month the previous year. The primary recipient of synthetic yarn exports from the United States was Honduras, commanding a significant 80% portion of the overall exports. 

Mexico secured the second-highest position with a 3% share. Regarding product classification, the most prominent type of exported synthetic yarn from the United States was yarn (excluding sewing thread) made from synthetic staple fibers, not intended for retail sale. 

This category represented an overwhelming 98% of the total export volume. The mean export price for synthetic yarn in May 2023 stood at $3,134 per ton, showing a decline of 5.4% compared to the preceding month. 

The average price displayed discernible variation based on the destination country. Canada recorded the highest average price at $8,679 per ton, while Honduras had the lowest at $2,918 per ton. In summary, synthetic yarn exports from the United States underwent a decline in May 2023, attributed to a combination of factors, including the persistent COVID-19 pandemic and the ongoing conflict in Ukraine. 

Nevertheless, amidst these challenges, positive aspects emerged, such as robust demand from Honduras. It is noteworthy that opportunities and challenges continue to shape the landscape of synthetic yarn exports from the United States.