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Carpets and other textile floor coverings; of felt, (not tufted or flocked), whether or not made up

5704 (Harmonized System 1992 for 4-digit)

2022
World Trade $677MRnk 1007 / 1218
2022
Top Exporter | Top Importer $128M | $121MBelgium | Germany
2022
Product Complexity 0.3Rnk 466 / 1033
2021 - 2022
Export Growth (CAGR) 0.34%Rnk 837 / 1218
2022
Share of World Trade 0.0029%Rnk 1007 / 1218

About

Overview This page contains the latest trade data of Felt Carpets. In 2022, Felt Carpets were the world's 1007th most traded product, with a total trade of $677M. Between 2021 and 2022 the exports of Felt Carpets grew by 0.34%, from $674M to $677M. Trade in Felt Carpets represent 0.0029% of total world trade.

Felt Carpets are a part of Carpets & textile floor covers. They include Carpets of felt of textile materials, > 0.3 m2 and Tiles of felt of textile materials, area <0.3 m2.

Exports In 2022 the top exporters of Felt Carpets  were Belgium ($128M), Netherlands ($128M), China ($49.3M), Switzerland ($46.8M), and Germany ($45.2M).

Imports In 2022 the top importers of Felt Carpets were Germany ($121M), United States ($61.5M), United Kingdom ($44.5M), France ($39.5M), and Czechia ($35M).

Ranking Felt Carpets ranks 466th in the Product Complexity Index (PCI).

Description Felt carpets are made from felt, which is a material made from wool, cotton, or synthetic fibers. Felt carpets are used to make furniture and other household items. Felt carpets can also be used in the production of clothing and automobile upholstery.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Felt Carpets. 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 (2022)Belgium$128M
Top Destination (2022)Germany$121M

In 2022 Felt Carpets were the world's 1007th most traded product (out of 1,218).

In 2022, the top exporters of Felt Carpets were Belgium ($128M), Netherlands ($128M), China ($49.3M), Switzerland ($46.8M), and Germany ($45.2M).

In 2022, the top importers of Felt Carpets were Germany ($121M), United States ($61.5M), United Kingdom ($44.5M), France ($39.5M), and Czechia ($35M).

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Exporters of Felt Carpets (2022)
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Importers of Felt Carpets (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$16.8M
Top Destination Growth (2021 -  2022)Japan$6.8M

Between 2021 and 2022, the exports of Felt Carpets grew the fastest in Belgium ($16.8M), Italy ($13.6M), Vietnam ($11.4M), France ($8.47M), and United Arab Emirates ($3.75M).

Between 2021 and 2022, the fastest growing importers of Felt Carpets were Japan ($6.8M), Greece ($4.13M), France ($3.86M), Spain ($3.23M), and Singapore ($2.64M).

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Exporters of Felt Carpets (2021 - 2022)

Importers of Felt Carpets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Felt Carpets.

In 2022, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Felt Carpets are explained by 16 countries.

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Value of Exports in Felt Carpets

Net Trade

TOP NET EXPORTER (2022)Belgium$112M
TOP NET IMPORTER (2022)Germany$75.8M

This map shows which countries export or import more of Felt Carpets. Each country is colored based on the difference in exports and imports of Felt Carpets during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Felt Carpets were Belgium ($112M), Netherlands ($110M), China ($46.5M), Switzerland ($37.5M), and Vietnam ($25.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Felt Carpets were Germany ($75.8M), United Kingdom ($35.6M), United States ($34.9M), Japan ($26.8M), and Canada ($23.7M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Felt Carpets, disaggragated by their HS6 level were Carpets of felt of textile materials,... ($637M) and Tiles of felt of textile materials,... ($39.9M)

HS6 Disaggregation for Felt Carpets (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Felt Carpets.
It is possible to select the main countries that export or import Felt Carpets in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Felt Carpets by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $153k
TOP IMPORT POTENTIALItaly+ $341k

Felt Carpets’s highest export potential is France. With an export gap of $153k.  Felt Carpets’s highest import potential is Italy with an import gap of $341k.

See methodology.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Felt Carpets to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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