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560210 (Harmonized System 1992 for 6-digit)

2023
World Trade $833MRnk 2308 / 4644
2023
Top Exporter | Top Importer $221M | $86.3MGermany | United States
2023
Product Complexity 0.76Rnk 1178 / 4656
2022 - 2023
Export Growth (CAGR) 1.51%Rnk 1385 / 4644
2023
Share of World Trade 0.0037%Rnk 2308 / 4644

About

Overview This page contains the latest trade data of Needleloom felt and stitch-bonded fibre fabric. In 2023, Needleloom felt and stitch-bonded fibre fabric were the world's 2308th most traded product, with a total trade of $833M. Between 2022 and 2023 the exports of Needleloom felt and stitch-bonded fibre fabric grew by 1.51%, from $820M to $833M. Trade in Needleloom felt and stitch-bonded fibre fabric represent 0.0037% of total world trade.

Needleloom felt and stitch-bonded fibre fabric are a part of Felt.

Exports In 2023 the top exporters of Needleloom felt and stitch-bonded fibre fabric  were Germany ($221M), China ($141M), United States ($64.5M), Italy ($61.5M), and United Kingdom ($34.8M).

Imports In 2023 the top importers of Needleloom felt and stitch-bonded fibre fabric were United States ($86.3M), Germany ($53.9M), Mexico ($49.7M), Czechia ($47.1M), and Poland ($45.2M).

Ranking Needleloom felt and stitch-bonded fibre fabric ranks 1178th in the Product Complexity Index (PCI).

Description Needleloom felt is a textile made of wool, hair, or other fibers, then formed, pressed, and finally cut into a desired shape and dimension. Stitch-bonded fibre fabric is a textile made of wool, hair, or other fibers, then sewn together in a desired shape and dimension.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Needleloom felt and stitch-bonded fibre fabric. 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$221M
Top Destination (2023)United States$86.3M

In 2023 Needleloom felt and stitch-bonded fibre fabric were the world's 2308th most traded product (out of 4,644).

In 2023, the top exporters of Needleloom felt and stitch-bonded fibre fabric were Germany ($221M), China ($141M), United States ($64.5M), Italy ($61.5M), and United Kingdom ($34.8M).

In 2023, the top importers of Needleloom felt and stitch-bonded fibre fabric were United States ($86.3M), Germany ($53.9M), Mexico ($49.7M), Czechia ($47.1M), and Poland ($45.2M).

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Exporters of Needleloom felt and stitch-bonded fibre fabric (2023)
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Importers of Needleloom felt and stitch-bonded fibre fabric (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$13.9M
Top Destination Growth (2022 -  2023)France$5.19M

Between 2022 and 2023, the exports of Needleloom felt and stitch-bonded fibre fabric grew the fastest in Germany ($13.9M), Italy ($9.66M), Spain ($6.44M), Hungary ($4.38M), and United Kingdom ($4.26M).

Between 2022 and 2023, the fastest growing importers of Needleloom felt and stitch-bonded fibre fabric were France ($5.19M), South Korea ($5.12M), Austria ($5.1M), Turkey ($4.97M), and Spain ($4.3M).

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Exporters of Needleloom felt and stitch-bonded fibre fabric (2022 - 2023)

Importers of Needleloom felt and stitch-bonded fibre fabric (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Needleloom felt and stitch-bonded fibre fabric.

In 2023, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Needleloom felt and stitch-bonded fibre fabric are explained by 15 countries.

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Value of Exports in Needleloom felt and stitch-bonded fibre fabric

Net Trade

TOP NET EXPORTER (2023)Germany$167M
TOP NET IMPORTER (2023)Mexico$37.8M

This map shows which countries export or import more of Needleloom felt and stitch-bonded fibre fabric. Each country is colored based on the difference in exports and imports of Needleloom felt and stitch-bonded fibre fabric during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Needleloom felt and stitch-bonded fibre fabric were Germany ($167M), China ($111M), Italy ($41.1M), Thailand ($15.6M), and South Korea ($14.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Needleloom felt and stitch-bonded fibre fabric were Mexico ($37.8M), Poland ($36.8M), Czechia ($33.5M), Austria ($28.1M), and Netherlands ($22M).

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 Needleloom felt and stitch-bonded fibre fabric.
It is possible to select the main countries that export or import Needleloom felt and stitch-bonded fibre fabric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Needleloom felt and stitch-bonded fibre fabric 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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