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2022
Exports $19.3MWorld Rnk 10 / 175
Flag Rnk 988 / 1217
2022
Destination $550k Canada
2021 - 2022
FASTEST GROWING MARKET $550kSwitzerland
2022
PRODUCT COMPLEXITY IN Knotted Carpets-1.05Rnk 848 / 1025
2022
Imports $425MWorld Rnk 1 / 207
Flag Rnk 586 / 1216
2022
Origin $38.4M India
2021 - 2022
FASTEST GROWING ORIGIN $38.4MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $19.3M in Knotted Carpets, making it the 10th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 988th most exported product in United States. The main destination of Knotted Carpets exports from United States are: Canada ($9.67M), Turkey ($1.36M), United Kingdom ($903k), Bahamas ($602k), and Switzerland ($595k).

The fastest growing export markets for Knotted Carpets of United States between 2021 and 2022 were Switzerland ($550k), Netherlands ($488k), and Bahamas ($410k).

Imports In 2022, United States imported $425M in Knotted Carpets, becoming the 1st largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 586th most imported product in United States. United States imports Knotted Carpets primarily from: India ($238M), Pakistan ($57.8M), Nepal ($52M), Turkey ($30.8M), and China ($8.9M).

The fastest growing import markets in Knotted Carpets for United States between 2021 and 2022 were India ($38.4M), Nepal ($14.6M), and Pakistan ($12.5M).

COMPANIES In 2023, leading companies such as ARHAUS LLC (23), DESIGN WITHIN REACH (15), and AT HOME PROCUREMENT INC (11) were at the forefront of shipping Knotted Carpets to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Knotted Carpets exports accounted up to $2.34M and imports accounted up to $26.1M, resulting in a negative trade balance of $23.7M. Between February 2023 and February 2024 the exports of United States'   Knotted Carpets have increased by $377k (19.2%) from $1.97M to $2.34M, while imports decreased by $-6.6M (-20.2%) from $32.6M to $26.1M.

Destinations In February 2024, Knotted Carpets were exported mostly to Canada ($795k), Italy ($446k), United Kingdom ($241k), Belgium ($186k), and Bahamas ($122k), and were imported mostly from India ($16.1M), Nepal ($3.62M), Pakistan ($2.56M), Turkey ($1.91M), and China ($485k).

Growth In February 2024, the increase in Knotted Carpets's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($152k or 480%), Mexico ($103k or 2.87k%), and France ($56.2k or 286%). In February 2024, the decrease in Knotted Carpets's year-by-year imports was explained primarily by a decrease in imports from Afghanistan ($-304k or -72.8%), Turkey ($-196k or -8.98%), and United Kingdom ($-149k or -93.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$377k(19.2%)
IMPORT GROWTH (February 2023 - February 2024)$-6.6M(-20.2%)
MAIN EXPORTER (February 2024)New York$818k
MAIN DESTINATION (February 2024)Canada$795k

This section shows Knotted Carpets'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 Knotted Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.3M
IMPORTS (2022)$425M
NET TRADE (2022)-$406M

In 2022, United States exported $19.3M in Knotted Carpets. The main destinations of United States exports on Knotted Carpets were Canada ($9.67M), Turkey ($1.36M), United Kingdom ($903k), Bahamas ($602k), and Switzerland ($595k).

In 2022, United States imported $425M in Knotted Carpets, mainly from India ($238M), Pakistan ($57.8M), Nepal ($52M), Turkey ($30.8M), and China ($8.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR United States WERE (2021 - 2022):
Switzerland$550k (1.21k%)
Netherlands$488k (563%)
Bahamas$410k (214%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY United States WERE (2021 - 2022):
Canada-$1.73M (-15.2%)
India-$1.57M (-91.1%)
United Kingdom-$594k (-39.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Knotted Carpets were:
India $344M
China $94.5M
Pakistan $94M
In 2022, United States's main importing competitors in Knotted Carpets were:
Germany $73.2M
United Kingdom $48.6M

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Trade Value of Knotted Carpets by Exporters

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