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2022
Exports $5.81MWorld Rnk 18 / 133
Flag Rnk 938 / 1212
2022
Destination $307k United States
2021 - 2022
FASTEST GROWING MARKET $307kKuwait
2022
PRODUCT COMPLEXITY IN Felt Carpets0.3Rnk 450 / 1025
2022
Imports $3.54MWorld Rnk 31 / 196
Flag Rnk 999 / 1206
2022
Origin $1.14M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $1.14MIndonesia
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $5.81M in Felt Carpets, making it the 18th largest exporter of Felt Carpets in the world. At the same year, Felt Carpets was the 938th most exported product in India. The main destination of Felt Carpets exports from India are: United States ($2.01M), United Arab Emirates ($519k), Kuwait ($329k), United Kingdom ($316k), and Australia ($282k).

The fastest growing export markets for Felt Carpets of India between 2021 and 2022 were Kuwait ($307k), Nigeria ($243k), and Australia ($147k).

Imports In 2022, India imported $3.54M in Felt Carpets, becoming the 31st largest importer of Felt Carpets in the world. At the same year, Felt Carpets was the 999th most imported product in India. India imports Felt Carpets primarily from: Indonesia ($1.16M), United Arab Emirates ($750k), United Kingdom ($422k), Singapore ($374k), and Netherlands ($285k).

The fastest growing import markets in Felt Carpets for India between 2021 and 2022 were Indonesia ($1.14M), Singapore ($374k), and United Kingdom ($261k).

COMPANIES In 2023, leading companies such as Arhaus (2) were at the forefront of shipping Felt Carpets from India to the United States.

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Felt Carpets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.81M
IMPORTS (2022)$3.54M
NET TRADE (2022)$2.27M

In 2022, India exported $5.81M in Felt Carpets. The main destinations of India exports on Felt Carpets were United States ($2.01M), United Arab Emirates ($519k), Kuwait ($329k), United Kingdom ($316k), and Australia ($282k).

In 2022, India imported $3.54M in Felt Carpets, mainly from Indonesia ($1.16M), United Arab Emirates ($750k), United Kingdom ($422k), Singapore ($374k), and Netherlands ($285k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Carpets EXPORT MARKETS FOR India WERE (2021 - 2022):
Kuwait$307k (1.37k%)
Nigeria$243k (1%)
Australia$147k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Carpets BY India WERE (2021 - 2022):
United Kingdom-$272k (-46.3%)
Russia-$165k (-43.9%)
Germany-$95.7k (-46.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Felt Carpets were:
Belgium $128M
Netherlands $128M
China $49.3M
In 2022, India's main importing competitors in Felt Carpets were:
Germany $121M
United States $61.5M
United Kingdom $44.5M

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Trade Value of Felt Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $657k
TOP IMPORT POTENTIALChina+ $396k

Felt Carpets’s highest export potential is United States. With an export gap of $657k.   Felt Carpets’s highest import potential is China with an import gap of $396k.

See methodology.

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