NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Carpets of wool or fine animal hair, tufted

570310 (Harmonized System 1992 for 6-digit)

2023
World Trade $584MRnk 2686 / 4644
2023
Top Exporter | Top Importer $192M | $164MIndia | United States
2023
Product Complexity -0.56Rnk 3304 / 4656
2022 - 2023
Export Growth (CAGR) -10.3%Rnk 2742 / 4644
2023
Share of World Trade 0.0026%Rnk 2686 / 4644

About

Overview This page contains the latest trade data of Carpets of wool or fine animal hair tufted. In 2023, Carpets of wool or fine animal hair tufted were the world's 2686th most traded product, with a total trade of $584M. Between 2022 and 2023 the exports of Carpets of wool or fine animal hair tufted decreased by -10.3%, from $651M to $584M. Trade in Carpets of wool or fine animal hair tufted represent 0.0026% of total world trade.

Carpets of wool or fine animal hair tufted are a part of Tufted Carpets.

Exports In 2023 the top exporters of Carpets of wool or fine animal hair tufted  were India ($192M), China ($71.3M), Netherlands ($48.6M), Denmark ($41.2M), and New Zealand ($40.7M).

Imports In 2023 the top importers of Carpets of wool or fine animal hair tufted were United States ($164M), United Kingdom ($67.1M), Australia ($45.7M), United Arab Emirates ($28.8M), and Netherlands ($27.2M).

Ranking Carpets of wool or fine animal hair tufted ranks 3304th in the Product Complexity Index (PCI).

Description Wool carpets are mainly used for decoration purposes in homes. They are made of wool or fine animal hair, tufted tightly together with a row of knots running parallel to the length of the carpet.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Carpets of wool or fine animal hair 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.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)India$192M
Top Destination (2023)United States$164M

In 2023 Carpets of wool or fine animal hair tufted were the world's 2686th most traded product (out of 4,644).

In 2023, the top exporters of Carpets of wool or fine animal hair tufted were India ($192M), China ($71.3M), Netherlands ($48.6M), Denmark ($41.2M), and New Zealand ($40.7M).

In 2023, the top importers of Carpets of wool or fine animal hair tufted were United States ($164M), United Kingdom ($67.1M), Australia ($45.7M), United Arab Emirates ($28.8M), and Netherlands ($27.2M).

Explore Visualizations

Exporters of Carpets of wool or fine animal hair tufted (2023)
[Click to Select a Country]

Importers of Carpets of wool or fine animal hair tufted (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Denmark$3.64M
Top Destination Growth (2022 -  2023)United Arab Emirates$7.79M

Between 2022 and 2023, the exports of Carpets of wool or fine animal hair tufted grew the fastest in Denmark ($3.64M), Thailand ($3.62M), United Kingdom ($2.88M), Italy ($2.03M), and Germany ($1.98M).

Between 2022 and 2023, the fastest growing importers of Carpets of wool or fine animal hair tufted were United Arab Emirates ($7.79M), Finland ($6.06M), Oman ($2.83M), Netherlands ($2.14M), and Ireland ($2.02M).

Explore Visualizations

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

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

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Carpets of wool or fine animal hair tufted are explained by 12 countries.

Explore Visualizations

Value of Exports in Carpets of wool or fine animal hair tufted

Net Trade

TOP NET EXPORTER (2023)India$191M
TOP NET IMPORTER (2023)United States$148M

This map shows which countries export or import more of Carpets of wool or fine animal hair tufted. Each country is colored based on the difference in exports and imports of Carpets of wool or fine animal hair tufted 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 tufted were India ($191M), China ($66.5M), Denmark ($37.5M), New Zealand ($34.4M), and Thailand ($22M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of wool or fine animal hair tufted were United States ($148M), United Kingdom ($58.5M), Australia ($44.7M), United Arab Emirates ($24.2M), and Canada ($24.1M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Carpets of wool or fine animal hair tufted.
It is possible to select the main countries that export or import Carpets of wool or fine animal hair tufted 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 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms