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570299 (Harmonized System 1992 for 6-digit)

2023
World Trade $349MRnk 3196 / 4644
2023
Top Exporter | Top Importer $158M | $71.7MIndia | United States
2023
Product Complexity -1.48Rnk 4255 / 4656
2022 - 2023
Export Growth (CAGR) -5.67%Rnk 2169 / 4644
2023
Share of World Trade 0.0015%Rnk 3196 / 4644

About

Overview This page contains the latest trade data of Carpets of yarn nes, woven, made up, nes. In 2023, Carpets of yarn nes, woven, made up, nes were the world's 3196th most traded product, with a total trade of $349M. Between 2022 and 2023 the exports of Carpets of yarn nes, woven, made up, nes decreased by -5.67%, from $370M to $349M. Trade in Carpets of yarn nes, woven, made up, nes represent 0.0015% of total world trade.

Carpets of yarn nes, woven, made up, nes are a part of Hand-Woven Rugs.

Exports In 2023 the top exporters of Carpets of yarn nes, woven, made up, nes  were India ($158M), China ($59.6M), Bangladesh ($26.2M), Turkey ($18M), and Germany ($10.3M).

Imports In 2023 the top importers of Carpets of yarn nes, woven, made up, nes were United States ($71.7M), Iraq ($31.6M), France ($19.3M), Germany ($18.3M), and United Kingdom ($15.4M).

Ranking Carpets of yarn nes, woven, made up, nes ranks 4255th in the Product Complexity Index (PCI).

Description Carpets of yarn, woven, made up, are used to make rugs and carpets.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of yarn nes, woven, made up, nes. 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$158M
Top Destination (2023)United States$71.7M

In 2023 Carpets of yarn nes, woven, made up, nes were the world's 3196th most traded product (out of 4,644).

In 2023, the top exporters of Carpets of yarn nes, woven, made up, nes were India ($158M), China ($59.6M), Bangladesh ($26.2M), Turkey ($18M), and Germany ($10.3M).

In 2023, the top importers of Carpets of yarn nes, woven, made up, nes were United States ($71.7M), Iraq ($31.6M), France ($19.3M), Germany ($18.3M), and United Kingdom ($15.4M).

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Exporters of Carpets of yarn nes, woven, made up, nes (2023)
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Importers of Carpets of yarn nes, woven, made up, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$11.7M
Top Destination Growth (2022 -  2023)Iraq$11.4M

Between 2022 and 2023, the exports of Carpets of yarn nes, woven, made up, nes grew the fastest in China ($11.7M), Egypt ($5.74M), Thailand ($1.53M), France ($975k), and Guatemala ($902k).

Between 2022 and 2023, the fastest growing importers of Carpets of yarn nes, woven, made up, nes were Iraq ($11.4M), United States ($11.2M), Saudi Arabia ($1.61M), France ($1.15M), and Hungary ($699k).

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Exporters of Carpets of yarn nes, woven, made up, nes (2022 - 2023)

Importers of Carpets of yarn nes, woven, made up, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of yarn nes, woven, made up, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.14. This means that most of the exports of Carpets of yarn nes, woven, made up, nes are explained by 8 countries.

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Value of Exports in Carpets of yarn nes, woven, made up, nes

Net Trade

TOP NET EXPORTER (2023)India$158M
TOP NET IMPORTER (2023)United States$68.6M

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

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of yarn nes, woven, made up, nes were India ($158M), China ($54.8M), Bangladesh ($26.2M), Turkey ($16.4M), and Egypt ($6.14M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of yarn nes, woven, made up, nes were United States ($68.6M), Iraq ($31.6M), United Kingdom ($14.1M), France ($13.7M), and Australia ($12.4M).

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 yarn nes, woven, made up, nes.
It is possible to select the main countries that export or import Carpets of yarn nes, woven, made up, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carpets of yarn nes, woven, made up, nes 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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