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560229 (Harmonized System 1992 for 6-digit)

2022
World Trade $193MRnk 3745 / 4648
2022
Top Exporter | Top Importer $56M | $31.6MChina | United States
2022
Product Complexity 0.64Rnk 1391 / 4653
2021 - 2022
Export Growth (CAGR) 11.8%Rnk 1434 / 4648
2022
Share of World Trade 0.00082%Rnk 3745 / 4648

About

Overview This page contains the latest trade data of Felt, not of wool or hair, not impregnated or coated. In 2022, Felt, not of wool or hair, not impregnated or coated were the world's 3745th most traded product, with a total trade of $193M. Between 2021 and 2022 the exports of Felt, not of wool or hair, not impregnated or coated grew by 11.8%, from $173M to $193M. Trade in Felt, not of wool or hair, not impregnated or coated represent 0.00082% of total world trade.

Felt, not of wool or hair, not impregnated or coated are a part of Felt.

Exports In 2022 the top exporters of Felt, not of wool or hair, not impregnated or coated  were China ($56M), Turkey ($23.1M), Mexico ($16.8M), United States ($15.3M), and Japan ($12.7M).

Imports In 2022 the top importers of Felt, not of wool or hair, not impregnated or coated were United States ($31.6M), Mexico ($8.36M), Sweden ($6.79M), China ($6.28M), and Vietnam ($6M).

Ranking Felt, not of wool or hair, not impregnated or coated ranks 1391st in the Product Complexity Index (PCI).

Description Felt is used to make clothing, hats, seat coverings, and other items. It is made by matting wool, fur, or animal hair, and then pressing it with heat and moisture. Felt is also used as a waterproof lining in shoes or boots.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Felt, not of wool or hair, not impregnated or coated. 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)China$56M
Top Destination (2022)United States$31.6M

In 2022 Felt, not of wool or hair, not impregnated or coated were the world's 3745th most traded product (out of 4,648).

In 2022, the top exporters of Felt, not of wool or hair, not impregnated or coated were China ($56M), Turkey ($23.1M), Mexico ($16.8M), United States ($15.3M), and Japan ($12.7M).

In 2022, the top importers of Felt, not of wool or hair, not impregnated or coated were United States ($31.6M), Mexico ($8.36M), Sweden ($6.79M), China ($6.28M), and Vietnam ($6M).

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Exporters of Felt, not of wool or hair, not impregnated or coated (2022)
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Importers of Felt, not of wool or hair, not impregnated or coated (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$10M
Top Destination Growth (2021 -  2022)United States$9.23M

Between 2021 and 2022, the exports of Felt, not of wool or hair, not impregnated or coated grew the fastest in China ($10M), Japan ($6.19M), Mexico ($5.79M), New Zealand ($2.3M), and United States ($1.97M).

Between 2021 and 2022, the fastest growing importers of Felt, not of wool or hair, not impregnated or coated were United States ($9.23M), China ($3.12M), Australia ($2.33M), Hong Kong ($2.16M), and Mexico ($1.68M).

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Exporters of Felt, not of wool or hair, not impregnated or coated (2021 - 2022)

Importers of Felt, not of wool or hair, not impregnated or coated (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Felt, not of wool or hair, not impregnated or coated.

In 2022, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Felt, not of wool or hair, not impregnated or coated are explained by 14 countries.

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Value of Exports in Felt, not of wool or hair, not impregnated or coated

Net Trade

TOP NET EXPORTER (2022)China$49.7M
TOP NET IMPORTER (2022)United States$16.3M

This map shows which countries export or import more of Felt, not of wool or hair, not impregnated or coated. Each country is colored based on the difference in exports and imports of Felt, not of wool or hair, not impregnated or coated during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Felt, not of wool or hair, not impregnated or coated were China ($49.7M), Turkey ($20.9M), Japan ($10.5M), Mexico ($8.42M), and Denmark ($5.49M).

In 2022, the countries that had a largest trade value in imports than in exports of Felt, not of wool or hair, not impregnated or coated were United States ($16.3M), Sweden ($6.01M), Vietnam ($5.63M), Australia ($5.59M), and Romania ($5.53M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Felt, not of wool or hair, not impregnated or coated.
It is possible to select the main countries that export or import Felt, not of wool or hair, not impregnated or coated in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Felt, not of wool or hair, not impregnated or coated 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 (2022)

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