Complete wigs of synthetic textile materials670411 (Harmonized System 1992 for 6-digit)
2021 World Trade: $507M, Rnk 2863 / 4641
2021 Top Exporter | Top Importer: $192M | $262M, China | United States
2021 Product Complexity: -1.96, Rnk 4513 / 4648
2020 - 2021 Export Growth (CAGR): 41.8%, Rnk 731 / 4641
2018 Mean Tariff: 15.5%, Rnk 986 / 6538
2021 Share of World Trade: 0.0024%, Rnk 2863 / 4641
Overview This page contains the latest trade data of Complete wigs of synthetic textile materials. In 2021, Complete wigs of synthetic textile materials were the world's 2863rd most traded product, with a total trade of $507M. Between 2020 and 2021 the exports of Complete wigs of synthetic textile materials grew by 41.8%, from $358M to $507M. Trade in Complete wigs of synthetic textile materials represent 0.0024% of total world trade.
Complete wigs of synthetic textile materials are a part of Fake Hair.
Exports In 2021 the top exporters of Complete wigs of synthetic textile materials were China ($192M), Indonesia ($174M), Germany ($31.2M), Bangladesh ($30.7M), and Philippines ($12.2M).
Imports In 2021 the top importers of Complete wigs of synthetic textile materials were United States ($262M), Japan ($40.2M), Nigeria ($24.3M), Germany ($23.6M), and United Kingdom ($17.1M).
Tariffs In 2018 the average tariff for Complete wigs of synthetic textile materials was 15.5%, making it the 986th lowest tariff using the HS6 product classification.
Ranking Complete wigs of synthetic textile materials ranks 4513th in the Product Complexity Index (PCI).
Description Synthetic wigs are often worn by people with hair loss or who are bald to cover their scalp. They are also used to create a new hairstyle for those who have lost their hair or to create a new look for different events. Synthetic wigs are usually cheaper than human hair and can be washed or styled as desired.
The following visualization shows the latest trends on Complete wigs of synthetic textile materials. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): China, $192M
Top Destination (2021): United States, $262M
Complete wigs of synthetic textile materials are the world's 2863rd most traded product.
In 2021, the top exporters of Complete wigs of synthetic textile materials were China ($192M), Indonesia ($174M), Germany ($31.2M), Bangladesh ($30.7M), and Philippines ($12.2M).
In 2021, the top importers of Complete wigs of synthetic textile materials were United States ($262M), Japan ($40.2M), Nigeria ($24.3M), Germany ($23.6M), and United Kingdom ($17.1M).
Trade by country
Top Origin Growth (2020 - 2021): China, $73M
Top Destination Growth (2020 - 2021): United States, $95.2M
Between 2020 and 2021, the exports of Complete wigs of synthetic textile materials grew the fastest in China ($73M), Indonesia ($51.2M), Bangladesh ($11.6M), Cambodia ($8.83M), and United States ($1.43M).
Between 2020 and 2021, the fastest growing importers of Complete wigs of synthetic textile materials were United States ($95.2M), Nigeria ($10M), Saudi Arabia ($7.38M), Japan ($6.16M), and Germany ($5.48M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Complete wigs of synthetic textile materials.
In 2021, market concentration measured using Shannon Entropy, was 2.6. This means that most of the exports of Complete wigs of synthetic textile materials are explained by 6 countries.
TOP NET EXPORTER (2021): China, $190M
TOP NET IMPORTER (2021): United States, $251M
This map shows which countries export or import more of Complete wigs of synthetic textile materials. Each country is colored based on the difference in exports and imports of Complete wigs of synthetic textile materials during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Complete wigs of synthetic textile materials were China ($190M), Indonesia ($173M), Bangladesh ($29.7M), Cambodia ($11.1M), and Philippines ($11.1M).
In 2021, the countries that had a largest trade value in imports than in exports of Complete wigs of synthetic textile materials were United States ($251M), Japan ($39.7M), Nigeria ($23.8M), United Kingdom ($14.4M), and France ($11.2M).
This visualization shows the countries that have an important ratio of their trade related to Complete wigs of synthetic textile materials. It is possible to select the main countries that export or import Complete wigs of synthetic textile materials in the world, or by continent, as well as select the measure of interest.
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.
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