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560290 (Harmonized System 1992 for 6-digit)

2023
World Trade $272MRnk 3418 / 4644
2023
Top Exporter | Top Importer $57.3M | $17.4MChina | Germany
2023
Product Complexity 0.044Rnk 2485 / 4656
2022 - 2023
Export Growth (CAGR) -13.6%Rnk 3105 / 4644
2023
Share of World Trade 0.0012%Rnk 3418 / 4644

About

Overview This page contains the latest trade data of Felt, impregnated, coated, covered, or laminated. In 2023, Felt, impregnated, coated, covered, or laminated were the world's 3418th most traded product, with a total trade of $272M. Between 2022 and 2023 the exports of Felt, impregnated, coated, covered, or laminated decreased by -13.6%, from $314M to $272M. Trade in Felt, impregnated, coated, covered, or laminated represent 0.0012% of total world trade.

Felt, impregnated, coated, covered, or laminated are a part of Felt.

Exports In 2023 the top exporters of Felt, impregnated, coated, covered, or laminated  were China ($57.3M), Turkey ($49M), United States ($24.2M), Thailand ($14.8M), and Spain ($14.2M).

Imports In 2023 the top importers of Felt, impregnated, coated, covered, or laminated were Germany ($17.4M), Poland ($17.1M), Thailand ($14.3M), Canada ($13.4M), and Indonesia ($11.5M).

Ranking Felt, impregnated, coated, covered, or laminated ranks 2485th in the Product Complexity Index (PCI).

Description The felt hats on the top shelf are impregnated with a waterproof substance, while the ones on the bottom shelf are covered with waterproof material to protect them from water. Some of the hats on the bottom shelf are coated with a sealant that protects them from being roughed up.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Felt, impregnated, coated, covered, or laminated. 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$57.3M
Top Destination (2023)Germany$17.4M

In 2023 Felt, impregnated, coated, covered, or laminated were the world's 3418th most traded product (out of 4,644).

In 2023, the top exporters of Felt, impregnated, coated, covered, or laminated were China ($57.3M), Turkey ($49M), United States ($24.2M), Thailand ($14.8M), and Spain ($14.2M).

In 2023, the top importers of Felt, impregnated, coated, covered, or laminated were Germany ($17.4M), Poland ($17.1M), Thailand ($14.3M), Canada ($13.4M), and Indonesia ($11.5M).

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Exporters of Felt, impregnated, coated, covered, or laminated (2023)
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Importers of Felt, impregnated, coated, covered, or laminated (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$7.58M
Top Destination Growth (2022 -  2023)Germany$3.22M

Between 2022 and 2023, the exports of Felt, impregnated, coated, covered, or laminated grew the fastest in Turkey ($7.58M), Slovenia ($3.5M), Spain ($3.23M), Vietnam ($2.59M), and Denmark ($957k).

Between 2022 and 2023, the fastest growing importers of Felt, impregnated, coated, covered, or laminated were Germany ($3.22M), Philippines ($2.09M), Poland ($1.83M), United Arab Emirates ($1.35M), and Mexico ($1.29M).

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Exporters of Felt, impregnated, coated, covered, or laminated (2022 - 2023)

Importers of Felt, impregnated, coated, covered, or laminated (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Felt, impregnated, coated, covered, or laminated.

In 2023, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Felt, impregnated, coated, covered, or laminated are explained by 17 countries.

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Value of Exports in Felt, impregnated, coated, covered, or laminated

Net Trade

TOP NET EXPORTER (2023)Turkey$48.3M
TOP NET IMPORTER (2023)Poland$15.4M

This map shows which countries export or import more of Felt, impregnated, coated, covered, or laminated. Each country is colored based on the difference in exports and imports of Felt, impregnated, coated, covered, or laminated during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Felt, impregnated, coated, covered, or laminated were Turkey ($48.3M), China ($48.1M), United States ($14.2M), Spain ($10.1M), and Italy ($9.92M).

In 2023, the countries that had a largest trade value in imports than in exports of Felt, impregnated, coated, covered, or laminated were Poland ($15.4M), Canada ($13.3M), Indonesia ($8.8M), Romania ($8.65M), and Mexico ($8.34M).

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 Felt, impregnated, coated, covered, or laminated.
It is possible to select the main countries that export or import Felt, impregnated, coated, covered, or laminated in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Felt, impregnated, coated, covered, or laminated 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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