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570110 (Harmonized System 1992 for 6-digit)

2022
World Trade $695MRnk 2588 / 4648
2022
Top Exporter | Top Importer $245M | $332MIndia | United States
2022
Product Complexity -0.92Rnk 3721 / 4653
2021 - 2022
Export Growth (CAGR) 8.97%Rnk 1728 / 4648
2022
Share of World Trade 0.0029%Rnk 2588 / 4648

About

Overview This page contains the latest trade data of Carpets of wool or fine animal hair, knotted. In 2022, Carpets of wool or fine animal hair, knotted were the world's 2588th most traded product, with a total trade of $695M. Between 2021 and 2022 the exports of Carpets of wool or fine animal hair, knotted grew by 8.97%, from $638M to $695M. Trade in Carpets of wool or fine animal hair, knotted represent 0.0029% of total world trade.

Carpets of wool or fine animal hair, knotted are a part of Knotted Carpets.

Exports In 2022 the top exporters of Carpets of wool or fine animal hair, knotted  were India ($245M), Pakistan ($90.1M), Nepal ($81.3M), Iran ($66.9M), and Turkey ($34.5M).

Imports In 2022 the top importers of Carpets of wool or fine animal hair, knotted were United States ($332M), Germany ($60.5M), United Kingdom ($27.4M), Japan ($26M), and Italy ($21M).

Ranking Carpets of wool or fine animal hair, knotted ranks 3721st in the Product Complexity Index (PCI).

Description Ancient people used wool carpets to cover floors and walls to keep them warm and to provide decoration. In recent times, people still use carpets as a decoration and as a floor covering.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of wool or fine animal hair, knotted. 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 (2022)India$245M
Top Destination (2022)United States$332M

In 2022 Carpets of wool or fine animal hair, knotted were the world's 2588th most traded product (out of 4,648).

In 2022, the top exporters of Carpets of wool or fine animal hair, knotted were India ($245M), Pakistan ($90.1M), Nepal ($81.3M), Iran ($66.9M), and Turkey ($34.5M).

In 2022, the top importers of Carpets of wool or fine animal hair, knotted were United States ($332M), Germany ($60.5M), United Kingdom ($27.4M), Japan ($26M), and Italy ($21M).

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Exporters of Carpets of wool or fine animal hair, knotted (2022)
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Importers of Carpets of wool or fine animal hair, knotted (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$31.4M
Top Destination Decrease (2021 -  2022)Switzerland-$7.62M

Between 2021 and 2022, the exports of Carpets of wool or fine animal hair, knotted grew the fastest in India ($31.4M), Nepal ($16M), Pakistan ($11.5M), Spain ($3.54M), and Turkey ($2.49M).

Between 2021 and 2022, the fastest declining importers of Carpets of wool or fine animal hair, knotted were Switzerland (-$7.62M), United Arab Emirates (-$3.74M), Pakistan (-$2.86M), Denmark (-$2.56M), and Russia (-$2.33M).

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Exporters of Carpets of wool or fine animal hair, knotted (2021 - 2022)

Importers of Carpets of wool or fine animal hair, knotted (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of wool or fine animal hair, knotted.

In 2022, market concentration measured using Shannon Entropy, was 3.44. This means that most of the exports of Carpets of wool or fine animal hair, knotted are explained by 10 countries.

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Value of Exports in Carpets of wool or fine animal hair, knotted

Net Trade

TOP NET EXPORTER (2022)India$244M
TOP NET IMPORTER (2022)United States$320M

This map shows which countries export or import more of Carpets of wool or fine animal hair, knotted. Each country is colored based on the difference in exports and imports of Carpets of wool or fine animal hair, knotted during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carpets of wool or fine animal hair, knotted were India ($244M), Pakistan ($86.5M), Nepal ($81.2M), Iran ($64.4M), and Turkey ($23.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Carpets of wool or fine animal hair, knotted were United States ($320M), Germany ($34M), Japan ($25.8M), United Kingdom ($22M), and Australia ($17M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Carpets of wool or fine animal hair, knotted 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 (2022)

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