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Pricing

2022
Exports $26.6MWorld Rnk 9 / 133
Flag Rnk 947 / 1217
2022
Destination $2.53M Canada
2021 - 2022
FASTEST GROWING MARKET $2.53MCanada
2022
PRODUCT COMPLEXITY IN Felt Carpets0.3Rnk 450 / 1025
2022
Imports $61.5MWorld Rnk 2 / 196
Flag Rnk 939 / 1216
2022
Origin $3.3M Egypt
2021 - 2022
FASTEST GROWING ORIGIN $3.3MVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $26.6M in Felt Carpets, making it the 9th largest exporter of Felt Carpets in the world. At the same year, Felt Carpets was the 947th most exported product in United States. The main destination of Felt Carpets exports from United States are: Canada ($18.8M), Mexico ($3.72M), El Salvador ($1.01M), China ($282k), and South Korea ($229k).

The fastest growing export markets for Felt Carpets of United States between 2021 and 2022 were Canada ($2.53M), El Salvador ($994k), and China ($235k).

Imports In 2022, United States imported $61.5M in Felt Carpets, becoming the 2nd largest importer of Felt Carpets in the world. At the same year, Felt Carpets was the 939th most imported product in United States. United States imports Felt Carpets primarily from: Egypt ($10.1M), China ($10.1M), Netherlands ($10M), Vietnam ($7.64M), and Canada ($4.33M).

The fastest growing import markets in Felt Carpets for United States between 2021 and 2022 were Vietnam ($3.3M), Egypt ($1.93M), and South Korea ($1.08M).

COMPANIES In 2023, leading companies such as Harvey Imports (377), Emser Tile (9), and IKEA Group (5) were at the forefront of shipping Felt Carpets to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Felt Carpets exports accounted up to $2.28M and imports accounted up to $4.9M, resulting in a negative trade balance of $2.62M. Between June 2023 and June 2024 the exports of United States'   Felt Carpets have decreased by $-137k (-5.67%) from $2.42M to $2.28M, while imports decreased by $-479k (-8.9%) from $5.38M to $4.9M.

Destinations In June 2024, Felt Carpets were exported mostly to Canada ($1.86M), Mexico ($154k), Japan ($74.3k), United Kingdom ($65.5k), and Netherlands ($38.5k), and were imported mostly from China ($1.4M), Netherlands ($832k), South Korea ($657k), India ($496k), and Egypt ($413k).

Growth In June 2024, the decrease in Felt Carpets's year-by-year exports was explained primarily by a decrease in exports to Cayman Islands ($-30.5k or -85.8%). In June 2024, the decrease in Felt Carpets's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-724k or -52.7%), China ($-533k or -35.5%), and United Arab Emirates ($-340k or -62%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-137k(-5.67%)
IMPORT GROWTH (June 2023 - June 2024)$-479k(-8.9%)
MAIN EXPORTER (June 2024)Georgia$1.58M
MAIN DESTINATION (June 2024)Canada$1.86M

This section shows Felt 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 Felt Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.6M
IMPORTS (2022)$61.5M
NET TRADE (2022)-$34.9M

In 2022, United States exported $26.6M in Felt Carpets. The main destinations of United States exports on Felt Carpets were Canada ($18.8M), Mexico ($3.72M), El Salvador ($1.01M), China ($282k), and South Korea ($229k).

In 2022, United States imported $61.5M in Felt Carpets, mainly from Egypt ($10.1M), China ($10.1M), Netherlands ($10M), Vietnam ($7.64M), and Canada ($4.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Carpets EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$2.53M (15.5%)
El Salvador$994k (5.08k%)
China$235k (505%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Carpets BY United States WERE (2021 - 2022):
Mexico-$2.17M (-36.8%)
Cayman Islands-$298k (-67.3%)
France-$92.1k (-96.2%)
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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 Felt Carpets were:
Belgium $128M
Netherlands $128M
China $49.3M
In 2022, United States's main importing competitors in Felt Carpets were:
Germany $121M
United Kingdom $44.5M

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Trade Value of Felt Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $296k
TOP IMPORT POTENTIALBelgium+ $1.22M

Felt Carpets’s highest export potential is Germany. With an export gap of $296k.   Felt Carpets’s highest import potential is Belgium with an import gap of $1.22M.

See methodology.

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