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570110 (Harmonized System 1992 for 6-digit)

2023
World Trade $632MRnk 2602 / 4644
2023
Top Exporter | Top Importer $251M | $311MIndia | United States
2023
Product Complexity -0.84Rnk 3651 / 4656
2022 - 2023
Export Growth (CAGR) -9.68%Rnk 2665 / 4644
2023
Share of World Trade 0.0028%Rnk 2602 / 4644

About

Overview This page contains the latest trade data of Carpets of wool or fine animal hair, knotted. In 2023, Carpets of wool or fine animal hair, knotted were the world's 2602nd most traded product, with a total trade of $632M. Between 2022 and 2023 the exports of Carpets of wool or fine animal hair, knotted decreased by -9.68%, from $700M to $632M. Trade in Carpets of wool or fine animal hair, knotted represent 0.0028% of total world trade.

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

Exports In 2023 the top exporters of Carpets of wool or fine animal hair, knotted  were India ($251M), Pakistan ($79.8M), Nepal ($74.2M), Iran ($40.1M), and Turkey ($34.6M).

Imports In 2023 the top importers of Carpets of wool or fine animal hair, knotted were United States ($311M), Germany ($43.7M), United Kingdom ($25.8M), Italy ($22.5M), and Japan ($17.9M).

Ranking Carpets of wool or fine animal hair, knotted ranks 3651st 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 (2023)India$251M
Top Destination (2023)United States$311M

In 2023 Carpets of wool or fine animal hair, knotted were the world's 2602nd most traded product (out of 4,644).

In 2023, the top exporters of Carpets of wool or fine animal hair, knotted were India ($251M), Pakistan ($79.8M), Nepal ($74.2M), Iran ($40.1M), and Turkey ($34.6M).

In 2023, the top importers of Carpets of wool or fine animal hair, knotted were United States ($311M), Germany ($43.7M), United Kingdom ($25.8M), Italy ($22.5M), and Japan ($17.9M).

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Exporters of Carpets of wool or fine animal hair, knotted (2023)
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Importers of Carpets of wool or fine animal hair, knotted (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$16.5M
Top Destination Growth (2022 -  2023)Afghanistan$17.1M

Between 2022 and 2023, the exports of Carpets of wool or fine animal hair, knotted grew the fastest in Uzbekistan ($16.5M), China ($3.69M), Portugal ($3.15M), Poland ($1.68M), and Switzerland ($838k).

Between 2022 and 2023, the fastest growing importers of Carpets of wool or fine animal hair, knotted were Afghanistan ($17.1M), Malaysia ($3.86M), Saudi Arabia ($2.49M), Turkey ($2.18M), and Thailand ($1.32M).

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Exporters of Carpets of wool or fine animal hair, knotted (2022 - 2023)

Importers of Carpets of wool or fine animal hair, knotted (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Carpets of wool or fine animal hair, knotted are explained by 9 countries.

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

Net Trade

TOP NET EXPORTER (2023)India$249M
TOP NET IMPORTER (2023)United States$305M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of wool or fine animal hair, knotted were India ($249M), Pakistan ($77.5M), Nepal ($74.1M), Iran ($38.6M), and Turkey ($22.4M).

In 2023, 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 ($305M), Germany ($27.7M), United Kingdom ($22.1M), Japan ($17.8M), and Switzerland ($13.7M).

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 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 (2023)

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