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631010 (Harmonized System 1992 for 6-digit)

2023
World Trade $436MRnk 2992 / 4644
2023
Top Exporter | Top Importer $127M | $135MBangladesh | India
2023
Product Complexity -1.35Rnk 4152 / 4656
2022 - 2023
Export Growth (CAGR) -13%Rnk 3036 / 4644
2023
Share of World Trade 0.0019%Rnk 2992 / 4644

About

Overview This page contains the latest trade data of Used or new rags textile material, sorted. In 2023, Used or new rags textile material, sorted were the world's 2992nd most traded product, with a total trade of $436M. Between 2022 and 2023 the exports of Used or new rags textile material, sorted decreased by -13%, from $501M to $436M. Trade in Used or new rags textile material, sorted represent 0.0019% of total world trade.

Used or new rags textile material, sorted are a part of Textile Scraps.

Exports In 2023 the top exporters of Used or new rags textile material, sorted  were Bangladesh ($127M), United States ($32.6M), Pakistan ($25.6M), China ($23.1M), and India ($22.8M).

Imports In 2023 the top importers of Used or new rags textile material, sorted were India ($135M), United States ($44.9M), Italy ($20.5M), Netherlands ($20.1M), and Japan ($15.6M).

Ranking Used or new rags textile material, sorted ranks 4152nd in the Product Complexity Index (PCI).

Description Used or new fabric can be cut into strips and used as string. Used or new cotton can be cut into ribbons and used as string or in stitching. New or used fabric can be used as wrapping paper. New or used fabric can be used as bed sheets. New or used fabric can be used as a bandage. New or used fabric can be used as a nursing dress. New or used fabric can be used as a window curtain or fabric. New or used fabric can be used as a curtain.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Used or new rags textile material, sorted. 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)Bangladesh$127M
Top Destination (2023)India$135M

In 2023 Used or new rags textile material, sorted were the world's 2992nd most traded product (out of 4,644).

In 2023, the top exporters of Used or new rags textile material, sorted were Bangladesh ($127M), United States ($32.6M), Pakistan ($25.6M), China ($23.1M), and India ($22.8M).

In 2023, the top importers of Used or new rags textile material, sorted were India ($135M), United States ($44.9M), Italy ($20.5M), Netherlands ($20.1M), and Japan ($15.6M).

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Exporters of Used or new rags textile material, sorted (2023)
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Importers of Used or new rags textile material, sorted (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$7.63M
Top Destination Growth (2022 -  2023)Italy$8.25M

Between 2022 and 2023, the exports of Used or new rags textile material, sorted grew the fastest in India ($7.63M), Romania ($2.99M), China ($2.83M), Netherlands ($1.78M), and Turkey ($1.2M).

Between 2022 and 2023, the fastest growing importers of Used or new rags textile material, sorted were Italy ($8.25M), Switzerland ($1.13M), South Korea ($1.12M), Hungary ($980k), and France ($972k).

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Exporters of Used or new rags textile material, sorted (2022 - 2023)

Importers of Used or new rags textile material, sorted (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Used or new rags textile material, sorted.

In 2023, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Used or new rags textile material, sorted are explained by 20 countries.

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Value of Exports in Used or new rags textile material, sorted

Net Trade

TOP NET EXPORTER (2023)Bangladesh$127M
TOP NET IMPORTER (2023)India$112M

This map shows which countries export or import more of Used or new rags textile material, sorted. Each country is colored based on the difference in exports and imports of Used or new rags textile material, sorted during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Used or new rags textile material, sorted were Bangladesh ($127M), Pakistan ($24.2M), China ($22.9M), Honduras ($19.2M), and Dominican Republic ($10.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Used or new rags textile material, sorted were India ($112M), Japan ($14.4M), United States ($12.3M), Italy ($12.3M), and Australia ($12.1M).

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 Used or new rags textile material, sorted.
It is possible to select the main countries that export or import Used or new rags textile material, sorted in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Used or new rags textile material, sorted 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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