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2022
Exports $2.17MWorld Rnk 6 / 98
Flag Rnk 1157 / 1217
2022
Destination $269k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $269kSouth Korea
2022
Imports $6.58MWorld Rnk 1 / 148
Flag Rnk 1145 / 1216
2022
Origin $272k India
2021 - 2022
FASTEST GROWING ORIGIN $272kBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.17M in Hand-Woven Tapestries, making it the 6th largest exporter of Hand-Woven Tapestries in the world. At the same year, Hand-Woven Tapestries was the 1157th most exported product in United States. The main destination of Hand-Woven Tapestries exports from United States are: United Kingdom ($479k), South Korea ($285k), France ($249k), Germany ($193k), and Mexico ($158k).

The fastest growing export markets for Hand-Woven Tapestries of United States between 2021 and 2022 were South Korea ($269k), United Kingdom ($245k), and Germany ($178k).

Imports In 2022, United States imported $6.58M in Hand-Woven Tapestries, becoming the 1st largest importer of Hand-Woven Tapestries in the world. At the same year, Hand-Woven Tapestries was the 1145th most imported product in United States. United States imports Hand-Woven Tapestries primarily from: India ($2.51M), France ($1.29M), Belgium ($290k), Philippines ($286k), and Brazil ($281k).

The fastest growing import markets in Hand-Woven Tapestries for United States between 2021 and 2022 were Brazil ($272k), France ($225k), and Luxembourg ($162k).

COMPANIES In 2023, leading companies such as Amazon (11) and IKEA Group (5) were at the forefront of shipping Hand-Woven Tapestries to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Hand-Woven Tapestries exports accounted up to $492k and imports accounted up to $656k, resulting in a negative trade balance of $165k. Between June 2023 and June 2024 the exports of United States'   Hand-Woven Tapestries have increased by $301k (158%) from $191k to $492k, while imports increased by $37.8k (6.1%) from $619k to $656k.

Destinations In June 2024, Hand-Woven Tapestries were exported mostly to United Kingdom ($452k), France ($28k), Canada ($6.15k), United Arab Emirates ($5.4k), and South Africa ($0), and were imported mostly from India ($338k), Ireland ($123k), Italy ($48.3k), United Kingdom ($37.5k), and France ($24.7k).

Growth In June 2024, the increase in Hand-Woven Tapestries's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Hand-Woven Tapestries's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($249k or 9.67k%), India ($54.5k or 25.7%), and France ($37.1k or 1.07k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$301k(158%)
IMPORT GROWTH (June 2023 - June 2024)$37.8k(6.1%)
MAIN EXPORTER (June 2024)New York$1.23M
MAIN DESTINATION (June 2024)United Kingdom$452k

This section shows Hand-Woven Tapestries'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 Hand-Woven Tapestries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.17M
IMPORTS (2022)$6.58M
NET TRADE (2022)-$4.41M

In 2022, United States exported $2.17M in Hand-Woven Tapestries. The main destinations of United States exports on Hand-Woven Tapestries were United Kingdom ($479k), South Korea ($285k), France ($249k), Germany ($193k), and Mexico ($158k).

In 2022, United States imported $6.58M in Hand-Woven Tapestries, mainly from India ($2.51M), France ($1.29M), Belgium ($290k), Philippines ($286k), and Brazil ($281k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Tapestries EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$269k (1.65k%)
United Kingdom$245k (104%)
Germany$178k (1.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Tapestries BY United States WERE (2021 - 2022):
Croatia-$300k (-100%)
Mexico-$69.3k (-30.4%)
Hong Kong-$60k (-95.9%)
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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 Hand-Woven Tapestries were:
China $3.5M
India $3.2M
Italy $3M
In 2022, United States's main importing competitors in Hand-Woven Tapestries were:
United Kingdom $4.86M
France $4.34M

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Trade Value of Hand-Woven Tapestries by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Hand-Woven Tapestries’s highest export potential is N/A. With an export gap of N/A.   Hand-Woven Tapestries’s highest import potential is N/A with an import gap of N/A.

See methodology.

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