2022
Exports
$17.2MWorld Rnk 18 / 133
Flag Rnk 785 / 1212
2022
PRODUCT COMPLEXITY IN Felt
0.56Rnk 340 / 1025
2022
Imports
$26.8MWorld Rnk 17 / 206
Flag Rnk 704 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $17.2M in Felt, making it the 18th largest exporter of Felt in the world. At the same year, Felt was the 785th most exported product in India. The main destination of Felt exports from India are: United States ($3.35M), Germany ($1.39M), Sweden ($1.15M), United Kingdom ($1.1M), and Indonesia ($1.01M).

The fastest growing export markets for Felt of India between 2021 and 2022 were Kuwait ($614k), Sweden ($474k), and Mexico ($457k).

Imports In 2022, India imported $26.8M in Felt, becoming the 17th largest importer of Felt in the world. At the same year, Felt was the 704th most imported product in India. India imports Felt primarily from: China ($17.6M), South Korea ($3.2M), United Kingdom ($1.93M), Germany ($693k), and Turkey ($653k).

The fastest growing import markets in Felt for India between 2021 and 2022 were China ($1.25M), United States ($255k), and Japan ($215k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (4) and IKEA Group (1) were at the forefront of shipping Felt from India to the United States.

Latest Trends

Jul 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. 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)$17.2M
IMPORTS (2022)$26.8M
NET TRADE (2022)-$9.54M

In 2022, India exported $17.2M in Felt. The main destinations of India exports on Felt were United States ($3.35M), Germany ($1.39M), Sweden ($1.15M), United Kingdom ($1.1M), and Indonesia ($1.01M).

In 2022, India imported $26.8M in Felt, mainly from China ($17.6M), South Korea ($3.2M), United Kingdom ($1.93M), Germany ($693k), and Turkey ($653k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt EXPORT MARKETS FOR India WERE (2021 - 2022):
Kuwait$614k (241%)
Sweden$474k (69.8%)
Mexico$457k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt BY India WERE (2021 - 2022):
United States-$1.16M (-25.7%)
Vietnam-$286k (-64.2%)
Australia-$268k (-24%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Felt were:
In 2022, India's main importing competitors in Felt were:

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Trade Value of Felt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.99M
TOP IMPORT POTENTIALChina+ $6.42M

Felt’s highest export potential is United States. With an export gap of $1.99M.   Felt’s highest import potential is China with an import gap of $6.42M.

See methodology.

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