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Blankets and travelling rugs

6301 (Harmonized System 1992 for 4-digit)

2023
World Trade $5.03BRnk 540 / 1217
2023
Top Exporter | Top Importer $3.74B | $1.68BChina | United States
2023
Product Complexity -1.11Rnk 882 / 1044
2022 - 2023
Export Growth (CAGR) -8.08%Rnk 678 / 1217
2023
Share of World Trade 0.022%Rnk 540 / 1217

About

Overview This page contains the latest trade data of Blankets. In 2023, Blankets were the world's 540th most traded product, with a total trade of $5.03B. Between 2022 and 2023 the exports of Blankets decreased by -8.08%, from $5.47B to $5.03B. Trade in Blankets represent 0.022% of total world trade.

Blankets are a part of Used clothes & textile articles. They include Blankets (except electric) & travel rugs synth fibre, Blankets of cotton, Blankets (except electric) & travel rugs, Electric blankets of textile material, and Blankets (non-electric) & travelling rug wool or hair.

Exports In 2023 the top exporters of Blankets  were China ($3.74B), India ($250M), Vietnam ($84.4M), Italy ($74.5M), and Pakistan ($73.3M).

Imports In 2023 the top importers of Blankets were United States ($1.68B), Japan ($210M), United Kingdom ($203M), Germany ($190M), and Saudi Arabia ($175M).

Ranking Blankets ranks 882nd in the Product Complexity Index (PCI).

Description Blankets and travelling rugs are used to keep people warm. They can be made from a variety of materials, including cotton, wool, silk, polyester, and nylon.

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$3.74B
Top Destination (2023)United States$1.68B

In 2023 Blankets were the world's 540th most traded product (out of 1,217).

In 2023, the top exporters of Blankets were China ($3.74B), India ($250M), Vietnam ($84.4M), Italy ($74.5M), and Pakistan ($73.3M).

In 2023, the top importers of Blankets were United States ($1.68B), Japan ($210M), United Kingdom ($203M), Germany ($190M), and Saudi Arabia ($175M).

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Exporters of Blankets (2023)
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Importers of Blankets (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Egypt$12.2M
Top Destination Growth (2022 -  2023)South Korea$71.2M

Between 2022 and 2023, the exports of Blankets grew the fastest in Egypt ($12.2M), Italy ($4.68M), Mexico ($2.9M), Vietnam ($1.78M), and Honduras ($1.48M).

Between 2022 and 2023, the fastest growing importers of Blankets were South Korea ($71.2M), Vietnam ($55.1M), Saudi Arabia ($49.1M), United Kingdom ($31.1M), and Tajikistan ($24.4M).

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Exporters of Blankets (2022 - 2023)

Importers of Blankets (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Blankets.

In 2023, market concentration measured using Shannon Entropy, was 2.07. This means that most of the exports of Blankets are explained by 4 countries.

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Value of Exports in Blankets

Net Trade

TOP NET EXPORTER (2023)China$3.72B
TOP NET IMPORTER (2023)United States$1.66B

This map shows which countries export or import more of Blankets. Each country is colored based on the difference in exports and imports of Blankets during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Blankets were China ($3.72B), India ($229M), Turkey ($52.5M), Pakistan ($43.3M), and Paraguay ($22.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Blankets were United States ($1.66B), Japan ($206M), Saudi Arabia ($173M), United Kingdom ($153M), and Germany ($123M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Blankets, disaggragated by their HS6 level were Blankets (except electric) & travel rugs... ($3.59B), Blankets of cotton ($490M), Electric blankets of textile material ($439M), Blankets (non-electric) & travelling rug wool... ($288M), and Blankets (except electric) & travel rugs ($226M)

HS6 Disaggregation for Blankets (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Blankets.
It is possible to select the main countries that export or import Blankets in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Blankets by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $24.4M
TOP IMPORT POTENTIALIndia+ $3.26M

Blankets’s highest export potential is India. With an export gap of $24.4M.  Blankets’s highest import potential is India with an import gap of $3.26M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Blankets.

Country by Relatedness

The following visualization shows the relatedness of Blankets to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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