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570330 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.46BRnk 1004 / 4644
2023
Top Exporter | Top Importer $982M | $546MChina | United States
2023
Product Complexity -0.71Rnk 3515 / 4656
2022 - 2023
Export Growth (CAGR) 1.42%Rnk 1396 / 4644
2023
Share of World Trade 0.015%Rnk 1004 / 4644

About

Overview This page contains the latest trade data of Carpets of other manmade textile materials, tufted. In 2023, Carpets of other manmade textile materials, tufted were the world's 1004th most traded product, with a total trade of $3.46B. Between 2022 and 2023 the exports of Carpets of other manmade textile materials, tufted grew by 1.42%, from $3.41B to $3.46B. Trade in Carpets of other manmade textile materials, tufted represent 0.015% of total world trade.

Carpets of other manmade textile materials, tufted are a part of Tufted Carpets.

Exports In 2023 the top exporters of Carpets of other manmade textile materials, tufted  were China ($982M), Turkey ($411M), Netherlands ($398M), Belgium ($340M), and Vietnam ($283M).

Imports In 2023 the top importers of Carpets of other manmade textile materials, tufted were United States ($546M), United Kingdom ($490M), Japan ($208M), Germany ($173M), and Canada ($170M).

Ranking Carpets of other manmade textile materials, tufted ranks 3515th in the Product Complexity Index (PCI).

Description Polyester carpets are more durable and resistant to stains, but are more difficult to clean and maintain. Polyester carpets are not as expensive as silk or wool carpets, but are much more expensive than nylon carpets. Polyester carpets are often used in offices, because they are stain resistant.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of other manmade textile materials, 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)China$982M
Top Destination (2023)United States$546M

In 2023 Carpets of other manmade textile materials, tufted were the world's 1004th most traded product (out of 4,644).

In 2023, the top exporters of Carpets of other manmade textile materials, tufted were China ($982M), Turkey ($411M), Netherlands ($398M), Belgium ($340M), and Vietnam ($283M).

In 2023, the top importers of Carpets of other manmade textile materials, tufted were United States ($546M), United Kingdom ($490M), Japan ($208M), Germany ($173M), and Canada ($170M).

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Exporters of Carpets of other manmade textile materials, tufted (2023)
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Importers of Carpets of other manmade textile materials, tufted (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$67.6M
Top Destination Growth (2022 -  2023)Mexico$61.9M

Between 2022 and 2023, the exports of Carpets of other manmade textile materials, tufted grew the fastest in Turkey ($67.6M), Mexico ($53.4M), Netherlands ($33.3M), India ($26.5M), and United States ($19.4M).

Between 2022 and 2023, the fastest growing importers of Carpets of other manmade textile materials, tufted were Mexico ($61.9M), Malaysia ($29.8M), Vietnam ($24.4M), Saudi Arabia ($19.6M), and United States ($15.4M).

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Exporters of Carpets of other manmade textile materials, tufted (2022 - 2023)

Importers of Carpets of other manmade textile materials, tufted (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of other manmade textile materials, tufted.

In 2023, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Carpets of other manmade textile materials, tufted are explained by 12 countries.

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Value of Exports in Carpets of other manmade textile materials, tufted

Net Trade

TOP NET EXPORTER (2023)China$974M
TOP NET IMPORTER (2023)United Kingdom$476M

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

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of other manmade textile materials, tufted were China ($974M), Turkey ($399M), Netherlands ($330M), Belgium ($304M), and Vietnam ($220M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of other manmade textile materials, tufted were United Kingdom ($476M), United States ($376M), Japan ($201M), Canada ($140M), and Saudi Arabia ($134M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Carpets of other manmade textile materials, 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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