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670411 (Harmonized System 1992 for 6-digit)

2023
World Trade $398MRnk 3069 / 4644
2023
Top Exporter | Top Importer $140M | $166MChina | United States
2023
Product Complexity -2.08Rnk 4542 / 4656
2022 - 2023
Export Growth (CAGR) -14.5%Rnk 3182 / 4644
2023
Share of World Trade 0.0018%Rnk 3069 / 4644

About

Overview This page contains the latest trade data of Complete wigs of synthetic textile materials. In 2023, Complete wigs of synthetic textile materials were the world's 3069th most traded product, with a total trade of $398M. Between 2022 and 2023 the exports of Complete wigs of synthetic textile materials decreased by -14.5%, from $466M to $398M. Trade in Complete wigs of synthetic textile materials represent 0.0018% of total world trade.

Complete wigs of synthetic textile materials are a part of Fake Hair.

Exports In 2023 the top exporters of Complete wigs of synthetic textile materials  were China ($140M), Indonesia ($133M), Bangladesh ($27M), Thailand ($14M), and Philippines ($12.8M).

Imports In 2023 the top importers of Complete wigs of synthetic textile materials were United States ($166M), Japan ($45.9M), Germany ($30.7M), United Kingdom ($20.5M), and Australia ($15.8M).

Ranking Complete wigs of synthetic textile materials ranks 4542nd 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.

Latest Trends

Latest Data

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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.

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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)China$140M
Top Destination (2023)United States$166M

In 2023 Complete wigs of synthetic textile materials were the world's 3069th most traded product (out of 4,644).

In 2023, the top exporters of Complete wigs of synthetic textile materials were China ($140M), Indonesia ($133M), Bangladesh ($27M), Thailand ($14M), and Philippines ($12.8M).

In 2023, the top importers of Complete wigs of synthetic textile materials were United States ($166M), Japan ($45.9M), Germany ($30.7M), United Kingdom ($20.5M), and Australia ($15.8M).

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Exporters of Complete wigs of synthetic textile materials (2023)
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Importers of Complete wigs of synthetic textile materials (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$8.03M
Top Destination Growth (2022 -  2023)Australia$13.2M

Between 2022 and 2023, the exports of Complete wigs of synthetic textile materials grew the fastest in United Arab Emirates ($8.03M), China ($7.57M), Cambodia ($2.15M), Netherlands ($1.7M), and Hong Kong ($1.38M).

Between 2022 and 2023, the fastest growing importers of Complete wigs of synthetic textile materials were Australia ($13.2M), India ($8.23M), Vietnam ($4.43M), United Kingdom ($3.64M), and Cameroon ($2.19M).

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Exporters of Complete wigs of synthetic textile materials (2022 - 2023)

Importers of Complete wigs of synthetic textile materials (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Complete wigs of synthetic textile materials.

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Complete wigs of synthetic textile materials are explained by 7 countries.

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Value of Exports in Complete wigs of synthetic textile materials

Net Trade

TOP NET EXPORTER (2023)China$139M
TOP NET IMPORTER (2023)United States$161M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Complete wigs of synthetic textile materials were China ($139M), Indonesia ($132M), Bangladesh ($26.6M), Philippines ($12.6M), and Thailand ($11.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Complete wigs of synthetic textile materials were United States ($161M), Japan ($45.7M), Germany ($18.7M), United Kingdom ($16.8M), and Australia ($15.7M).

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 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.

Top 10 Exporters Countries of Complete wigs of synthetic textile materials 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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