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580230 (Harmonized System 1992 for 6-digit)

2023
World Trade $30.6MRnk 4413 / 4644
2023
Top Exporter | Top Importer $18.2M | $4.5MChina | Vietnam
2023
Product Complexity 0.21Rnk 2182 / 4656
2022 - 2023
Export Growth (CAGR) -23.8%Rnk 3939 / 4644
2023
Share of World Trade 0.00014%Rnk 4413 / 4644

About

Overview This page contains the latest trade data of Tufted textile fabric, except carpets. In 2023, Tufted textile fabric, except carpets were the world's 4413th most traded product, with a total trade of $30.6M. Between 2022 and 2023 the exports of Tufted textile fabric, except carpets decreased by -23.8%, from $40.2M to $30.6M. Trade in Tufted textile fabric, except carpets represent 0.00014% of total world trade.

Tufted textile fabric, except carpets are a part of Terry Fabric.

Exports In 2023 the top exporters of Tufted textile fabric, except carpets  were China ($18.2M), Japan ($4.28M), United Kingdom ($1.48M), United States ($1.47M), and Netherlands ($815k).

Imports In 2023 the top importers of Tufted textile fabric, except carpets were Vietnam ($4.5M), China ($3.71M), Thailand ($3.22M), Japan ($1.54M), and United States ($1.54M).

Ranking Tufted textile fabric, except carpets ranks 2182nd in the Product Complexity Index (PCI).

Description Tufted textile fabric is made from many short fibers that are either looped or twisted together to form a thicker strand, which is then woven or knitted into a fabric. The fabric is normally used for upholstery, pillows, carpets, and blankets.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tufted textile fabric, except carpets. 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$18.2M
Top Destination (2023)Vietnam$4.5M

In 2023 Tufted textile fabric, except carpets were the world's 4413th most traded product (out of 4,644).

In 2023, the top exporters of Tufted textile fabric, except carpets were China ($18.2M), Japan ($4.28M), United Kingdom ($1.48M), United States ($1.47M), and Netherlands ($815k).

In 2023, the top importers of Tufted textile fabric, except carpets were Vietnam ($4.5M), China ($3.71M), Thailand ($3.22M), Japan ($1.54M), and United States ($1.54M).

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Exporters of Tufted textile fabric, except carpets (2023)
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Importers of Tufted textile fabric, except carpets (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$2.86M
Top Destination Growth (2022 -  2023)Vietnam$2.64M

Between 2022 and 2023, the exports of Tufted textile fabric, except carpets grew the fastest in China ($2.86M), United Kingdom ($1M), United Arab Emirates ($278k), Poland ($273k), and Mexico ($35.6k).

Between 2022 and 2023, the fastest growing importers of Tufted textile fabric, except carpets were Vietnam ($2.64M), Thailand ($2.15M), Malaysia ($787k), Mexico ($712k), and South Korea ($634k).

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Exporters of Tufted textile fabric, except carpets (2022 - 2023)

Importers of Tufted textile fabric, except carpets (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tufted textile fabric, except carpets.

In 2023, market concentration measured using Shannon Entropy, was 2.42. This means that most of the exports of Tufted textile fabric, except carpets are explained by 5 countries.

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Value of Exports in Tufted textile fabric, except carpets

Net Trade

TOP NET EXPORTER (2023)China$14.4M
TOP NET IMPORTER (2023)Vietnam$4.32M

This map shows which countries export or import more of Tufted textile fabric, except carpets. Each country is colored based on the difference in exports and imports of Tufted textile fabric, except carpets during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tufted textile fabric, except carpets were China ($14.4M), Japan ($2.74M), Belgium ($710k), United Kingdom ($217k), and South Africa ($204k).

In 2023, the countries that had a largest trade value in imports than in exports of Tufted textile fabric, except carpets were Vietnam ($4.32M), Thailand ($2.9M), Malaysia ($1.22M), Mexico ($837k), and South Korea ($652k).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Tufted textile fabric, except carpets 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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