Hand-Woven Rugs in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $95.8M in Hand-Woven Rugs, making it the 8th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 750th most exported product in United States. The main destination of Hand-Woven Rugs exports from United States are: Canada ($63.3M), United Kingdom ($4.47M), Mexico ($3.5M), Germany ($2.54M), and Bahamas ($1.91M).

The fastest growing export markets for Hand-Woven Rugs of United States between 2021 and 2022 were Germany ($2.05M), United Kingdom ($1.4M), and Bahamas ($804k).

Imports In 2022, United States imported $1.61B in Hand-Woven Rugs, becoming the 1st largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 301st most imported product in United States. United States imports Hand-Woven Rugs primarily from: Turkey ($771M), India ($372M), China ($137M), Egypt ($111M), and Belgium ($63.5M).

The fastest growing import markets in Hand-Woven Rugs for United States between 2021 and 2022 were China ($9.1M), United Kingdom ($7.43M), and Morocco ($2.94M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (59.4k), IKEA SUPPLY AG (33.7k), and AT HOME PROCUREMENT INC (10.2k) were at the forefront of shipping Hand-Woven Rugs to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Hand-Woven Rugs exports accounted up to $9.32M and imports accounted up to $139M, resulting in a negative trade balance of $130M. Between January 2023 and January 2024 the exports of United States' Hand-Woven Rugs have decreased by $-995k (-9.64%) from $10.3M to $9.32M, while imports decreased by $-9.03M (-6.09%) from $148M to $139M.

Destinations In January 2024, Hand-Woven Rugs were exported mostly to Canada ($6.62M), Mexico ($354k), Japan ($302k), Cayman Islands ($243k), and Italy ($230k), and were imported mostly from Turkey ($73.5M), India ($35M), China ($9.52M), Egypt ($8.94M), and Belgium ($3.21M).

Growth In January 2024, the decrease in Hand-Woven Rugs's year-by-year exports was explained primarily by a decrease in exports to Canada ($-300k or -3.6%), Mexico ($-257k or -52.3%), and Bahamas ($-230k or -79.1%). In January 2024, the decrease in Hand-Woven Rugs's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-13.6M or -16.7%), Egypt ($-4.2M or -32.2%), and India ($-3.35M or -6.22%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-995k(-9.64%)

IMPORT GROWTH (January 2023 - January 2024)$-9.03M(-6.09%)

MAIN EXPORTER (January 2024)Georgia$1.35M

MAIN DESTINATION (January 2024)Canada$6.62M

This section shows Hand-Woven Rugs's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hand-Woven Rugs over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$95.8M

IMPORTS (2022)$1.61B

NET TRADE (2022)-$1.51B

In 2022, United States exported $95.8M in Hand-Woven Rugs. The main destinations of United States exports on Hand-Woven Rugs were Canada ($63.3M), United Kingdom ($4.47M), Mexico ($3.5M), Germany ($2.54M), and Bahamas ($1.91M).

In 2022, United States imported $1.61B in Hand-Woven Rugs, mainly from Turkey ($771M), India ($372M), China ($137M), Egypt ($111M), and Belgium ($63.5M).

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