2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.91Rnk 811 / 1025

About

The fastest growing export markets for Hand-Woven Rugs of South Korea between 2021 and 2022 were United States ($81k), Philippines ($70k), and Azerbaijan ($33k).

COMPANIES In 2023, leading companies such as David Peyser Sportswear (1) and CSI Importers (1) were at the forefront of shipping Hand-Woven Rugs from South Korea to the United States.

Historical Data

Trade Balance

Color

In N/A, South Korea imported N/A in Hand-Woven Rugs, mainly from Vietnam ($16.1M), China ($14.2M), Belgium ($1.85M), Spain ($1.36M), and India ($1.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$81k (58.9%)
Philippines$70k (1.75k%)
Azerbaijan$33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY South Korea WERE (2021 - 2022):
Vietnam-$158k (-82%)
India-$52.5k (-100%)
Macau-$31.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $275k
TOP IMPORT POTENTIALChina+ $3.32M

Hand-Woven Rugs’s highest export potential is United States. With an export gap of $275k.   Hand-Woven Rugs’s highest import potential is China with an import gap of $3.32M.

See methodology.

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