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570299 (Harmonized System 1992 for 6-digit)

2022
World Trade $332MRnk 3311 / 4648
2022
Top Exporter | Top Importer $116M | $62.7MIndia | United States
2022
Product Complexity -0.84Rnk 3641 / 4653
2021 - 2022
Export Growth (CAGR) -12.5%Rnk 4077 / 4648
2022
Share of World Trade 0.0014%Rnk 3311 / 4648

About

Overview This page contains the latest trade data of Carpets of yarn nes, woven, made up, nes. In 2022, Carpets of yarn nes, woven, made up, nes were the world's 3311th most traded product, with a total trade of $332M. Between 2021 and 2022 the exports of Carpets of yarn nes, woven, made up, nes decreased by -12.5%, from $380M to $332M. Trade in Carpets of yarn nes, woven, made up, nes represent 0.0014% of total world trade.

Carpets of yarn nes, woven, made up, nes are a part of Hand-Woven Rugs.

Exports In 2022 the top exporters of Carpets of yarn nes, woven, made up, nes  were India ($116M), China ($48.7M), Bangladesh ($37.8M), Turkey ($18.6M), and Germany ($14.6M).

Imports In 2022 the top importers of Carpets of yarn nes, woven, made up, nes were United States ($62.7M), Germany ($26M), France ($18.6M), United Kingdom ($15.7M), and Netherlands ($13.4M).

Ranking Carpets of yarn nes, woven, made up, nes ranks 3641st in the Product Complexity Index (PCI).

Description Carpets of yarn, woven, made up, are used to make rugs and carpets.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Carpets of yarn nes, woven, 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)India$116M
Top Destination (2022)United States$62.7M

In 2022 Carpets of yarn nes, woven, made up, nes were the world's 3311th most traded product (out of 4,648).

In 2022, the top exporters of Carpets of yarn nes, woven, made up, nes were India ($116M), China ($48.7M), Bangladesh ($37.8M), Turkey ($18.6M), and Germany ($14.6M).

In 2022, the top importers of Carpets of yarn nes, woven, made up, nes were United States ($62.7M), Germany ($26M), France ($18.6M), United Kingdom ($15.7M), and Netherlands ($13.4M).

Explore Visualizations

Exporters of Carpets of yarn nes, woven, made up, nes (2022)
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Importers of Carpets of yarn nes, woven, made up, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$4.95M
Top Destination Growth (2021 -  2022)Australia$2.36M

Between 2021 and 2022, the exports of Carpets of yarn nes, woven, made up, nes grew the fastest in China ($4.95M), Finland ($1.46M), Romania ($1.28M), Pakistan ($1.26M), and Brazil ($1.17M).

Between 2021 and 2022, the fastest growing importers of Carpets of yarn nes, woven, made up, nes were Australia ($2.36M), Netherlands ($960k), Romania ($897k), Portugal ($699k), and New Zealand ($679k).

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Exporters of Carpets of yarn nes, woven, made up, nes (2021 - 2022)

Importers of Carpets of yarn nes, woven, made up, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of yarn nes, woven, made up, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Carpets of yarn nes, woven, made up, nes are explained by 12 countries.

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Value of Exports in Carpets of yarn nes, woven, made up, nes

Net Trade

TOP NET EXPORTER (2022)India$116M
TOP NET IMPORTER (2022)United States$55M

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

In 2022, the countries that had a largest trade value in exports than in imports of Carpets of yarn nes, woven, made up, nes were India ($116M), China ($46.5M), Bangladesh ($37.7M), Turkey ($17.1M), and Belgium ($5.79M).

In 2022, the countries that had a largest trade value in imports than in exports of Carpets of yarn nes, woven, made up, nes were United States ($55M), France ($15.4M), United Kingdom ($14.3M), Germany ($11.4M), and Australia ($11.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Carpets of yarn nes, woven, 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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