580500 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Hand-woven and needle-worked tapestries, kit sets. In 2022, Hand-woven and needle-worked tapestries, kit sets were the world's 4423rd most traded product, with a total trade of $32.9M. Between 2021 and 2022 the exports of Hand-woven and needle-worked tapestries, kit sets grew by 5.97%, from $31.1M to $32.9M. Trade in Hand-woven and needle-worked tapestries, kit sets represent 0.00014% of total world trade.

Hand-woven and needle-worked tapestries, kit sets are a part of Hand-Woven Tapestries.

Exports In 2022 the top exporters of Hand-woven and needle-worked tapestries, kit sets  were China ($3.5M), India ($3.2M), Italy ($3M), France ($2.96M), and Czechia ($2.56M).

Imports In 2022 the top importers of Hand-woven and needle-worked tapestries, kit sets were United States ($6.58M), United Kingdom ($4.86M), France ($4.34M), Greece ($2.47M), and Italy ($1.35M).

Ranking Hand-woven and needle-worked tapestries, kit sets ranks 3260th in the Product Complexity Index (PCI).

Description Hand-woven tapestries were traditionally used as wall coverings before wall paper became widely available. They were popular as they were durable, offered some insulation, and were often colorful. Today, they are still used as wall coverings but are more often used as home decor items. Needle-worked tapestries are often used in religious contexts, especially in Roman Catholic churches. They depict religious imagery on an often-dark background. In what ways were needle-worked tapestries used in religious contexts? In what ways were needle-worked tapestries

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Hand-woven and needle-worked tapestries, kit sets. 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$3.5M
Top Destination (2022)United States$6.58M

In 2022 Hand-woven and needle-worked tapestries, kit sets were the world's 4423rd most traded product (out of 4,648).

In 2022, the top exporters of Hand-woven and needle-worked tapestries, kit sets were China ($3.5M), India ($3.2M), Italy ($3M), France ($2.96M), and Czechia ($2.56M).

In 2022, the top importers of Hand-woven and needle-worked tapestries, kit sets were United States ($6.58M), United Kingdom ($4.86M), France ($4.34M), Greece ($2.47M), and Italy ($1.35M).

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Exporters of Hand-woven and needle-worked tapestries, kit sets (2022)
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Importers of Hand-woven and needle-worked tapestries, kit sets (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$2.49M
Top Destination Growth (2021 -  2022)Greece$1.65M

Between 2021 and 2022, the exports of Hand-woven and needle-worked tapestries, kit sets grew the fastest in Italy ($2.49M), Bulgaria ($1.25M), Australia ($930k), Saudi Arabia ($929k), and Brazil ($640k).

Between 2021 and 2022, the fastest growing importers of Hand-woven and needle-worked tapestries, kit sets were Greece ($1.65M), Thailand ($917k), United Kingdom ($774k), United States ($635k), and United Arab Emirates ($523k).

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Exporters of Hand-woven and needle-worked tapestries, kit sets (2021 - 2022)

Importers of Hand-woven and needle-worked tapestries, kit sets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hand-woven and needle-worked tapestries, kit sets.

In 2022, market concentration measured using Shannon Entropy, was 4.56. This means that most of the exports of Hand-woven and needle-worked tapestries, kit sets are explained by 23 countries.

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Value of Exports in Hand-woven and needle-worked tapestries, kit sets

Net Trade

TOP NET EXPORTER (2022)China$3.22M
TOP NET IMPORTER (2022)United States$4.41M

This map shows which countries export or import more of Hand-woven and needle-worked tapestries, kit sets. Each country is colored based on the difference in exports and imports of Hand-woven and needle-worked tapestries, kit sets during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hand-woven and needle-worked tapestries, kit sets were China ($3.22M), India ($3.11M), Czechia ($2.54M), Bulgaria ($1.94M), and Italy ($1.65M).

In 2022, the countries that had a largest trade value in imports than in exports of Hand-woven and needle-worked tapestries, kit sets were United States ($4.41M), United Kingdom ($3.26M), Greece ($2.32M), France ($1.38M), and Vietnam ($1.14M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hand-woven and needle-worked tapestries, kit sets.
It is possible to select the main countries that export or import Hand-woven and needle-worked tapestries, kit sets in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hand-woven and needle-worked tapestries, kit sets 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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