The instant disclosure provides a die assembly for producing an annular microcapillary product. The die assembly is operatively connectable to an extruder having a thermoplastic material passing therethrough. The die assembly includes a shell, an inner manifold, an outer manifold, and a die assembly. The inner and outer manifolds are positionable in the shell with matrix flow channels thereabout to receive the thermoplastic material therethrough such that matrix layers of the thermoplastic material are extrudable therefrom. The die insert is disposable between the inner and the outer manifolds, and has a distribution manifold with a tip at an end thereof defining microcapillary channels to pass a microcapillary material therethrough whereby microcapillaries are formed between the matrix layers.