560210 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Needleloom felt and stitch-bonded fibre fabric. In 2022, Needleloom felt and stitch-bonded fibre fabric were the world's 2388th most traded product, with a total trade of $848M. Between 2021 and 2022 the exports of Needleloom felt and stitch-bonded fibre fabric grew by 4.42%, from $812M to $848M. Trade in Needleloom felt and stitch-bonded fibre fabric represent 0.0036% of total world trade.

Needleloom felt and stitch-bonded fibre fabric are a part of Felt.

Exports In 2022 the top exporters of Needleloom felt and stitch-bonded fibre fabric  were Germany ($215M), China ($153M), United States ($71.1M), Italy ($51.2M), and South Korea ($39.1M).

Imports In 2022 the top importers of Needleloom felt and stitch-bonded fibre fabric were United States ($89.5M), Germany ($55.3M), Czechia ($52.6M), Mexico ($46.3M), and Poland ($42.1M).

Ranking Needleloom felt and stitch-bonded fibre fabric ranks 1269th in the Product Complexity Index (PCI).

Description Needleloom felt is a textile made of wool, hair, or other fibers, then formed, pressed, and finally cut into a desired shape and dimension. Stitch-bonded fibre fabric is a textile made of wool, hair, or other fibers, then sewn together in a desired shape and dimension.

Latest Data

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The following visualization shows the latest trends on Needleloom felt and stitch-bonded fibre fabric. 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)Germany$215M
Top Destination (2022)United States$89.5M

In 2022 Needleloom felt and stitch-bonded fibre fabric were the world's 2388th most traded product (out of 4,648).

In 2022, the top exporters of Needleloom felt and stitch-bonded fibre fabric were Germany ($215M), China ($153M), United States ($71.1M), Italy ($51.2M), and South Korea ($39.1M).

In 2022, the top importers of Needleloom felt and stitch-bonded fibre fabric were United States ($89.5M), Germany ($55.3M), Czechia ($52.6M), Mexico ($46.3M), and Poland ($42.1M).

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Exporters of Needleloom felt and stitch-bonded fibre fabric (2022)
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Importers of Needleloom felt and stitch-bonded fibre fabric (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$27.5M
Top Destination Growth (2021 -  2022)Czechia$12.5M

Between 2021 and 2022, the exports of Needleloom felt and stitch-bonded fibre fabric grew the fastest in China ($27.5M), Germany ($11.4M), Denmark ($4.36M), Hong Kong ($3.46M), and United States ($3.44M).

Between 2021 and 2022, the fastest growing importers of Needleloom felt and stitch-bonded fibre fabric were Czechia ($12.5M), United States ($10.2M), Netherlands ($9.22M), Sweden ($5.56M), and Poland ($4.53M).

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Exporters of Needleloom felt and stitch-bonded fibre fabric (2021 - 2022)

Importers of Needleloom felt and stitch-bonded fibre fabric (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Needleloom felt and stitch-bonded fibre fabric.

In 2022, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Needleloom felt and stitch-bonded fibre fabric are explained by 15 countries.

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Value of Exports in Needleloom felt and stitch-bonded fibre fabric

Net Trade

TOP NET EXPORTER (2022)Germany$160M
TOP NET IMPORTER (2022)Czechia$40.8M

This map shows which countries export or import more of Needleloom felt and stitch-bonded fibre fabric. Each country is colored based on the difference in exports and imports of Needleloom felt and stitch-bonded fibre fabric during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Needleloom felt and stitch-bonded fibre fabric were Germany ($160M), China ($122M), Italy ($31.4M), South Korea ($26.9M), and United Kingdom ($12.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Needleloom felt and stitch-bonded fibre fabric were Czechia ($40.8M), Mexico ($36.4M), Poland ($35M), Austria ($20.4M), and United States ($18.5M).

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 Needleloom felt and stitch-bonded fibre fabric.
It is possible to select the main countries that export or import Needleloom felt and stitch-bonded fibre fabric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Needleloom felt and stitch-bonded fibre fabric 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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