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Pricing

Fabrics; pile fabrics, including long pile fabrics and terry fabrics, knitted or crocheted

6001 (Harmonized System 1992 for 4-digit)

2023
World Trade $5.33BRnk 519 / 1217
2023
Top Exporter | Top Importer $4.21B | $913MChina | Vietnam
2023
Product Complexity 0.17Rnk 510 / 1044
2022 - 2023
Export Growth (CAGR) -3.62%Rnk 519 / 1217
2023
Share of World Trade 0.024%Rnk 519 / 1217

About

Overview This page contains the latest trade data of Pile Fabric. In 2023, Pile Fabric were the world's 519th most traded product, with a total trade of $5.33B. Between 2022 and 2023 the exports of Pile Fabric decreased by -3.62%, from $5.52B to $5.33B. Trade in Pile Fabric represent 0.024% of total world trade.

Pile Fabric are a part of Knitted fabrics. They include Pile knit or crochet fabric, of manmade fibres, nes, Long pile knit or crochet textile fabric, Looped pile knit or crochet fabric, of manmade fibres, Pile knit or crochet fabric, of cotton, nes, Looped pile knit or crochet fabric, of cotton, Pile knit, crochet fabric, natural yarn not cotton not elsewhere specified, and Loop pile knit/crochet fabric, natural yarn not cotto.

Exports In 2023 the top exporters of Pile Fabric  were China ($4.21B), Malaysia ($141M), Chinese Taipei ($108M), Turkey ($95.9M), and Italy ($87.3M).

Imports In 2023 the top importers of Pile Fabric were Vietnam ($913M), Bangladesh ($419M), Turkey ($213M), Russia ($212M), and Indonesia ($199M).

Ranking Pile Fabric ranks 510th in the Product Complexity Index (PCI).

Description Pile fabrics are used to make things like carpets, upholstery, and other products. Pile fabrics can be made from a variety of materials, including cotton, polyester, nylon, and polypropylene.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pile 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)China$4.21B
Top Destination (2023)Vietnam$913M

In 2023 Pile Fabric were the world's 519th most traded product (out of 1,217).

In 2023, the top exporters of Pile Fabric were China ($4.21B), Malaysia ($141M), Chinese Taipei ($108M), Turkey ($95.9M), and Italy ($87.3M).

In 2023, the top importers of Pile Fabric were Vietnam ($913M), Bangladesh ($419M), Turkey ($213M), Russia ($212M), and Indonesia ($199M).

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Exporters of Pile Fabric (2023)
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Importers of Pile Fabric (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$212M
Top Destination Growth (2022 -  2023)Vietnam$353M

Between 2022 and 2023, the exports of Pile Fabric grew the fastest in China ($212M), Singapore ($17.8M), Egypt ($15.7M), Cambodia ($4.24M), and Poland ($2.78M).

Between 2022 and 2023, the fastest growing importers of Pile Fabric were Vietnam ($353M), Tajikistan ($39.7M), Egypt ($32.9M), Turkey ($21.4M), and Algeria ($21M).

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Exporters of Pile Fabric (2022 - 2023)

Importers of Pile Fabric (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pile Fabric.

In 2023, market concentration measured using Shannon Entropy, was 1.76. This means that most of the exports of Pile Fabric are explained by 3 countries.

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Value of Exports in Pile Fabric

Net Trade

TOP NET EXPORTER (2023)China$4.14B
TOP NET IMPORTER (2023)Vietnam$877M

This map shows which countries export or import more of Pile Fabric. Each country is colored based on the difference in exports and imports of Pile Fabric during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pile Fabric were China ($4.14B), Malaysia ($114M), Chinese Taipei ($106M), South Korea ($42.6M), and Italy ($37.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Pile Fabric were Vietnam ($877M), Bangladesh ($418M), Russia ($208M), Indonesia ($187M), and Morocco ($184M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Pile Fabric, disaggragated by their HS6 level were Pile knit or crochet fabric, of... ($3.53B), Long pile knit or crochet textile... ($501M), Pile knit or crochet fabric, of... ($439M), Looped pile knit or crochet fabric,... ($347M), and Looped pile knit or crochet fabric,... ($295M)

HS6 Disaggregation for Pile Fabric (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Pile Fabric.
It is possible to select the main countries that export or import Pile Fabric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pile Fabric by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $51M
TOP IMPORT POTENTIALSouth Korea+ $3.47M

Pile Fabric’s highest export potential is India. With an export gap of $51M.  Pile Fabric’s highest import potential is South Korea with an import gap of $3.47M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Pile Fabric.

Country by Relatedness

The following visualization shows the relatedness of Pile Fabric to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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