560221 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Felt not needleloom, wool/hair, not impregnated/coate. In 2023, Felt not needleloom, wool/hair, not impregnated/coate were the world's 4090th most traded product, with a total trade of $92.8M. Between 2022 and 2023 the exports of Felt not needleloom, wool/hair, not impregnated/coate grew by 4.87%, from $88.5M to $92.8M. Trade in Felt not needleloom, wool/hair, not impregnated/coate represent 0.00041% of total world trade.

Felt not needleloom, wool/hair, not impregnated/coate are a part of Felt.

Exports In 2023 the top exporters of Felt not needleloom, wool/hair, not impregnated/coate  were Germany ($29.1M), China ($9.99M), Mexico ($6.29M), India ($6.29M), and Italy ($5.93M).

Imports In 2023 the top importers of Felt not needleloom, wool/hair, not impregnated/coate were United States ($19.6M), Italy ($9.66M), Germany ($6.29M), China ($5.13M), and United Kingdom ($5.06M).

Ranking Felt not needleloom, wool/hair, not impregnated/coate ranks 1448th in the Product Complexity Index (PCI).

Description Felt not needleloom, wool/hair, not impregnated/coated is typically used to make hats, slippers, and other fashion accessories.

Latest Data

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The following visualization shows the latest trends on Felt not needleloom, wool/hair, not impregnated/coate. 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)Germany$29.1M
Top Destination (2023)United States$19.6M

In 2023 Felt not needleloom, wool/hair, not impregnated/coate were the world's 4090th most traded product (out of 4,644).

In 2023, the top exporters of Felt not needleloom, wool/hair, not impregnated/coate were Germany ($29.1M), China ($9.99M), Mexico ($6.29M), India ($6.29M), and Italy ($5.93M).

In 2023, the top importers of Felt not needleloom, wool/hair, not impregnated/coate were United States ($19.6M), Italy ($9.66M), Germany ($6.29M), China ($5.13M), and United Kingdom ($5.06M).

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Exporters of Felt not needleloom, wool/hair, not impregnated/coate (2023)
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Importers of Felt not needleloom, wool/hair, not impregnated/coate (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$7.64M
Top Destination Growth (2022 -  2023)Italy$6.45M

Between 2022 and 2023, the exports of Felt not needleloom, wool/hair, not impregnated/coate grew the fastest in Germany ($7.64M), Uzbekistan ($1.05M), Ireland ($786k), Belgium ($387k), and Canada ($308k).

Between 2022 and 2023, the fastest growing importers of Felt not needleloom, wool/hair, not impregnated/coate were Italy ($6.45M), United Kingdom ($1.12M), China ($1.05M), Kazakhstan ($1.03M), and Mexico ($786k).

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Exporters of Felt not needleloom, wool/hair, not impregnated/coate (2022 - 2023)

Importers of Felt not needleloom, wool/hair, not impregnated/coate (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Felt not needleloom, wool/hair, not impregnated/coate.

In 2023, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Felt not needleloom, wool/hair, not impregnated/coate are explained by 13 countries.

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Value of Exports in Felt not needleloom, wool/hair, not impregnated/coate

Net Trade

TOP NET EXPORTER (2023)Germany$22.8M
TOP NET IMPORTER (2023)United States$17.3M

This map shows which countries export or import more of Felt not needleloom, wool/hair, not impregnated/coate. Each country is colored based on the difference in exports and imports of Felt not needleloom, wool/hair, not impregnated/coate during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Felt not needleloom, wool/hair, not impregnated/coate were Germany ($22.8M), India ($5.39M), Spain ($5.01M), China ($4.86M), and Mexico ($4.41M).

In 2023, the countries that had a largest trade value in imports than in exports of Felt not needleloom, wool/hair, not impregnated/coate were United States ($17.3M), Italy ($3.73M), United Kingdom ($3.38M), Kazakhstan ($2.14M), and France ($1.82M).

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 not needleloom, wool/hair, not impregnated/coate.
It is possible to select the main countries that export or import Felt not needleloom, wool/hair, not impregnated/coate in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Felt not needleloom, wool/hair, not impregnated/coate 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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