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570241 (Harmonized System 1992 for 6-digit)

2022
World Trade $211MRnk 3680 / 4648
2022
Top Exporter | Top Importer $64.8M | $57.3MChina | United States
2022
Product Complexity -0.85Rnk 3659 / 4653
2021 - 2022
Export Growth (CAGR) -6.37%Rnk 3686 / 4648
2022
Share of World Trade 0.00089%Rnk 3680 / 4648

About

Overview This page contains the latest trade data of Carpets of wool or hair, woven pile, made up, nes. In 2022, Carpets of wool or hair, woven pile, made up, nes were the world's 3680th most traded product, with a total trade of $211M. Between 2021 and 2022 the exports of Carpets of wool or hair, woven pile, made up, nes decreased by -6.37%, from $225M to $211M. Trade in Carpets of wool or hair, woven pile, made up, nes represent 0.00089% of total world trade.

Carpets of wool or hair, woven pile, made up, nes are a part of Hand-Woven Rugs.

Exports In 2022 the top exporters of Carpets of wool or hair, woven pile, made up, nes  were China ($64.8M), India ($59M), Thailand ($11.5M), Belgium ($10.7M), and Turkey ($7.01M).

Imports In 2022 the top importers of Carpets of wool or hair, woven pile, made up, nes were United States ($57.3M), Australia ($16.5M), Germany ($11.5M), Canada ($8.19M), and United Kingdom ($7.78M).

Ranking Carpets of wool or hair, woven pile, made up, nes ranks 3659th in the Product Complexity Index (PCI).

Description A carpet of wool or hair is a textile floor covering, traditionally made of wool and produced on a loom. They are often a part of the culture of a region, and are often woven by hand. Carpets of wool or hair are typically made by hand, and when made up, are typically used to cover the floors of rooms in a house. They can also be used outdoors in front of a building or on the porch of a house.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of wool or hair, woven pile, made up, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$64.8M
Top Destination (2022)United States$57.3M

In 2022 Carpets of wool or hair, woven pile, made up, nes were the world's 3680th most traded product (out of 4,648).

In 2022, the top exporters of Carpets of wool or hair, woven pile, made up, nes were China ($64.8M), India ($59M), Thailand ($11.5M), Belgium ($10.7M), and Turkey ($7.01M).

In 2022, the top importers of Carpets of wool or hair, woven pile, made up, nes were United States ($57.3M), Australia ($16.5M), Germany ($11.5M), Canada ($8.19M), and United Kingdom ($7.78M).

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Exporters of Carpets of wool or hair, woven pile, made up, nes (2022)
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Importers of Carpets of wool or hair, woven pile, made up, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$8.75M
Top Destination Growth (2021 -  2022)Finland$1.71M

Between 2021 and 2022, the exports of Carpets of wool or hair, woven pile, made up, nes grew the fastest in China ($8.75M), Thailand ($2.92M), Turkey ($2.66M), Sweden ($1.58M), and Italy ($1.38M).

Between 2021 and 2022, the fastest growing importers of Carpets of wool or hair, woven pile, made up, nes were Finland ($1.71M), Japan ($1.7M), Singapore ($1.65M), France ($1.47M), and Australia ($1.17M).

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Exporters of Carpets of wool or hair, woven pile, made up, nes (2021 - 2022)

Importers of Carpets of wool or hair, woven pile, made up, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of wool or hair, woven pile, made up, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Carpets of wool or hair, woven pile, made up, nes are explained by 10 countries.

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Value of Exports in Carpets of wool or hair, woven pile, made up, nes

Net Trade

TOP NET EXPORTER (2022)China$62.4M
TOP NET IMPORTER (2022)United States$50.5M

This map shows which countries export or import more of Carpets of wool or hair, woven pile, made up, nes. Each country is colored based on the difference in exports and imports of Carpets of wool or hair, woven pile, made up, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carpets of wool or hair, woven pile, made up, nes were China ($62.4M), India ($57.4M), Belgium ($9.88M), Thailand ($9.38M), and Turkey ($6.45M).

In 2022, the countries that had a largest trade value in imports than in exports of Carpets of wool or hair, woven pile, made up, nes were United States ($50.5M), Australia ($16.3M), Japan ($7.74M), Canada ($7.43M), and Germany ($6.36M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Carpets of wool or hair, woven pile, made up, nes.
It is possible to select the main countries that export or import Carpets of wool or hair, woven pile, made up, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carpets of wool or hair, woven pile, made up, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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