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570390 (Harmonized System 1992 for 6-digit)

2023
World Trade $528MRnk 2788 / 4644
2023
Top Exporter | Top Importer $214M | $160MIndia | United States
2023
Product Complexity -1.21Rnk 4017 / 4656
2022 - 2023
Export Growth (CAGR) -10.2%Rnk 2740 / 4644
2023
Share of World Trade 0.0023%Rnk 2788 / 4644

About

Overview This page contains the latest trade data of Carpets of materials nes, tufted. In 2023, Carpets of materials nes, tufted were the world's 2788th most traded product, with a total trade of $528M. Between 2022 and 2023 the exports of Carpets of materials nes, tufted decreased by -10.2%, from $589M to $528M. Trade in Carpets of materials nes, tufted represent 0.0023% of total world trade.

Carpets of materials nes, tufted are a part of Tufted Carpets.

Exports In 2023 the top exporters of Carpets of materials nes, tufted  were India ($214M), China ($73.8M), Turkey ($60.1M), Netherlands ($17.8M), and Portugal ($17.2M).

Imports In 2023 the top importers of Carpets of materials nes, tufted were United States ($160M), Germany ($27.1M), United Kingdom ($22.6M), France ($18.4M), and Canada ($15.4M).

Ranking Carpets of materials nes, tufted ranks 4017th in the Product Complexity Index (PCI).

Description Carpets are used in all rooms of the house, for decoration and to increase comfort, to provide insulation, and to provide soundproofing.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Carpets of materials nes, tufted. 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)India$214M
Top Destination (2023)United States$160M

In 2023 Carpets of materials nes, tufted were the world's 2788th most traded product (out of 4,644).

In 2023, the top exporters of Carpets of materials nes, tufted were India ($214M), China ($73.8M), Turkey ($60.1M), Netherlands ($17.8M), and Portugal ($17.2M).

In 2023, the top importers of Carpets of materials nes, tufted were United States ($160M), Germany ($27.1M), United Kingdom ($22.6M), France ($18.4M), and Canada ($15.4M).

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Exporters of Carpets of materials nes, tufted (2023)
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Importers of Carpets of materials nes, tufted (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Egypt$4.89M
Top Destination Growth (2022 -  2023)Saudi Arabia$6.37M

Between 2022 and 2023, the exports of Carpets of materials nes, tufted grew the fastest in Egypt ($4.89M), United Kingdom ($1.45M), Switzerland ($1.32M), Hong Kong ($1.11M), and Romania ($895k).

Between 2022 and 2023, the fastest growing importers of Carpets of materials nes, tufted were Saudi Arabia ($6.37M), France ($2.1M), Chinese Taipei ($1.98M), Brazil ($1.34M), and Kazakhstan ($1.27M).

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Exporters of Carpets of materials nes, tufted (2022 - 2023)

Importers of Carpets of materials nes, tufted (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of materials nes, tufted.

In 2023, market concentration measured using Shannon Entropy, was 3.44. This means that most of the exports of Carpets of materials nes, tufted are explained by 10 countries.

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Value of Exports in Carpets of materials nes, tufted

Net Trade

TOP NET EXPORTER (2023)India$210M
TOP NET IMPORTER (2023)United States$150M

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

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of materials nes, tufted were India ($210M), China ($70.4M), Turkey ($57.7M), Egypt ($14.2M), and Portugal ($13.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of materials nes, tufted were United States ($150M), Germany ($16.1M), Canada ($15.2M), United Kingdom ($14.9M), and France ($14.8M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Carpets of materials nes, tufted by percentage of total exports

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)

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