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Umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)

6601 (Harmonized System 1992 for 4-digit)

2022
World Trade $3.78BRnk 625 / 1218
2022
Top Exporter | Top Importer $3.07B | $680MChina | United States
2022
Product Complexity -0.13Rnk 598 / 1033
2021 - 2022
Export Growth (CAGR) 19.8%Rnk 187 / 1218
2022
Share of World Trade 0.016%Rnk 625 / 1218

About

Overview This page contains the latest trade data of Umbrellas. In 2022, Umbrellas were the world's 625th most traded product, with a total trade of $3.78B. Between 2021 and 2022 the exports of Umbrellas grew by 19.8%, from $3.16B to $3.78B. Trade in Umbrellas represent 0.016% of total world trade.

Umbrellas are a part of Umbrellas, walking sticks, & whips. They include Umbrellas not with telescopic shaft, Garden umbrellas, and Umbrellas having a telescopic shaft.

Exports In 2022 the top exporters of Umbrellas  were China ($3.07B), Germany ($83.4M), Netherlands ($75.5M), Cambodia ($55M), and Austria ($48.6M).

Imports In 2022 the top importers of Umbrellas were United States ($680M), Germany ($267M), Japan ($233M), South Korea ($196M), and France ($179M).

Ranking Umbrellas ranks 598th in the Product Complexity Index (PCI).

Description Umbrellas are used to protect people from the sun. Umbrellas can be made of a variety of materials, including polyester, nylon, and polyethylene.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Umbrellas. 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$3.07B
Top Destination (2022)United States$680M

In 2022 Umbrellas were the world's 625th most traded product (out of 1,218).

In 2022, the top exporters of Umbrellas were China ($3.07B), Germany ($83.4M), Netherlands ($75.5M), Cambodia ($55M), and Austria ($48.6M).

In 2022, the top importers of Umbrellas were United States ($680M), Germany ($267M), Japan ($233M), South Korea ($196M), and France ($179M).

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Exporters of Umbrellas (2022)
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Importers of Umbrellas (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$560M
Top Destination Growth (2021 -  2022)Philippines$80.8M

Between 2021 and 2022, the exports of Umbrellas grew the fastest in China ($560M), United States ($15.9M), Greece ($8.69M), Cambodia ($7.24M), and Italy ($6.19M).

Between 2021 and 2022, the fastest growing importers of Umbrellas were Philippines ($80.8M), United States ($54.7M), South Korea ($51.3M), Italy ($39.1M), and Brazil ($39.1M).

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Exporters of Umbrellas (2021 - 2022)

Importers of Umbrellas (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Umbrellas.

In 2022, market concentration measured using Shannon Entropy, was 1.6. This means that most of the exports of Umbrellas are explained by 3 countries.

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Value of Exports in Umbrellas

Net Trade

TOP NET EXPORTER (2022)China$3.06B
TOP NET IMPORTER (2022)United States$637M

This map shows which countries export or import more of Umbrellas. Each country is colored based on the difference in exports and imports of Umbrellas during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Umbrellas were China ($3.06B), Cambodia ($47.4M), Bosnia and Herzegovina ($19M), Bangladesh ($2.18M), and Hong Kong ($1.88M).

In 2022, the countries that had a largest trade value in imports than in exports of Umbrellas were United States ($637M), Japan ($231M), South Korea ($195M), Germany ($184M), and France ($158M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Umbrellas, disaggragated by their HS6 level were Garden umbrellas ($1.71B), Umbrellas not with telescopic shaft ($1.17B), and Umbrellas having a telescopic shaft ($904M)

HS6 Disaggregation for Umbrellas (2022)
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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 Umbrellas.
It is possible to select the main countries that export or import Umbrellas in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Umbrellas by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $28.1M
TOP IMPORT POTENTIALGermany+ $565k

Umbrellas’s highest export potential is India. With an export gap of $28.1M.  Umbrellas’s highest import potential is Germany with an import gap of $565k.

See methodology.

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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 (2022)

Related Products

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

Country by Relatedness

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

Relative Relatedness by Country (2022)

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