Tufted Carpets in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $532M in Tufted Carpets, making it the 5th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 375th most exported product in United States. The main destination of Tufted Carpets exports from United States are: Canada ($370M), Mexico ($60.3M), Australia ($11.5M), United Kingdom ($8.97M), and New Zealand ($8.9M).

The fastest growing export markets for Tufted Carpets of United States between 2021 and 2022 were United Arab Emirates ($5.69M), United Kingdom ($3.58M), and Saudi Arabia ($2.21M).

Imports In 2022, United States imported $1.05B in Tufted Carpets, becoming the 1st largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 385th most imported product in United States. United States imports Tufted Carpets primarily from: India ($352M), China ($213M), Vietnam ($147M), Turkey ($63.7M), and Mexico ($48.1M).

The fastest growing import markets in Tufted Carpets for United States between 2021 and 2022 were South Korea ($3.32M), Italy ($2.26M), and Sweden ($1.15M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (316), AT HOME PROCUREMENT INC (76), and 99 CENTS ONLY STORES LLC (34) were at the forefront of shipping Tufted Carpets to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Tufted Carpets exports accounted up to $42.4M and imports accounted up to $80.4M, resulting in a negative trade balance of $38M. Between February 2023 and February 2024 the exports of United States' Tufted Carpets have increased by $3.92M (10.2%) from $38.5M to $42.4M, while imports increased by $10.2M (14.6%) from $70.2M to $80.4M.

Destinations In February 2024, Tufted Carpets were exported mostly to Canada ($28.4M), Mexico ($8.46M), New Zealand ($572k), Saudi Arabia ($548k), and United Kingdom ($467k), and were imported mostly from India ($26.1M), Vietnam ($12.5M), China ($12.1M), Mexico ($10.4M), and Turkey ($4.67M).

Growth In February 2024, the increase in Tufted Carpets's year-by-year exports was explained primarily by an increase in exports to Mexico ($1.82M or 40.1%), China ($493k or 564%), and Malaysia ($386k or 8.45k%). In February 2024, the increase in Tufted Carpets's year-by-year imports was explained primarily by an increase in imports from Mexico ($8.02M or 130%), South Korea ($4.03M or 170%), and Netherlands ($1.8M or 79.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$3.92M(10.2%)

IMPORT GROWTH (February 2023 - February 2024)$10.2M(14.6%)

MAIN EXPORTER (February 2024)Georgia$22M

MAIN DESTINATION (February 2024)Canada$28.4M

This section shows Tufted 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 Tufted Carpets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$532M

IMPORTS (2022)$1.05B

NET TRADE (2022)-$519M

In 2022, United States exported $532M in Tufted Carpets. The main destinations of United States exports on Tufted Carpets were Canada ($370M), Mexico ($60.3M), Australia ($11.5M), United Kingdom ($8.97M), and New Zealand ($8.9M).

In 2022, United States imported $1.05B in Tufted Carpets, mainly from India ($352M), China ($213M), Vietnam ($147M), Turkey ($63.7M), and Mexico ($48.1M).

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