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580620 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.01BRnk 2096 / 4644
2023
Top Exporter | Top Importer $453M | $128MChina | Vietnam
2023
Product Complexity -0.32Rnk 2993 / 4656
2022 - 2023
Export Growth (CAGR) -13.3%Rnk 3076 / 4644
2023
Share of World Trade 0.0045%Rnk 2096 / 4644

About

Overview This page contains the latest trade data of Woven fabric, elasticised, < 30 cm wide. In 2023, Woven fabric, elasticised, < 30 cm wide were the world's 2096th most traded product, with a total trade of $1.01B. Between 2022 and 2023 the exports of Woven fabric, elasticised, < 30 cm wide decreased by -13.3%, from $1.17B to $1.01B. Trade in Woven fabric, elasticised, < 30 cm wide represent 0.0045% of total world trade.

Woven fabric, elasticised, < 30 cm wide are a part of Narrow Woven Fabric.

Exports In 2023 the top exporters of Woven fabric, elasticised, < 30 cm wide  were China ($453M), Hong Kong ($108M), Italy ($57.1M), Germany ($40.6M), and India ($36.7M).

Imports In 2023 the top importers of Woven fabric, elasticised, < 30 cm wide were Vietnam ($128M), Hong Kong ($119M), Bangladesh ($104M), Sri Lanka ($70.9M), and Indonesia ($50.4M).

Ranking Woven fabric, elasticised, < 30 cm wide ranks 2993rd in the Product Complexity Index (PCI).

Description Woven fabric is most often used as a backing fabric, and is used for clothing, bedding, and other household items. Elasticized fabric is often used to make children's clothing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Woven fabric, elasticised, < 30 cm wide. 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$453M
Top Destination (2023)Vietnam$128M

In 2023 Woven fabric, elasticised, < 30 cm wide were the world's 2096th most traded product (out of 4,644).

In 2023, the top exporters of Woven fabric, elasticised, < 30 cm wide were China ($453M), Hong Kong ($108M), Italy ($57.1M), Germany ($40.6M), and India ($36.7M).

In 2023, the top importers of Woven fabric, elasticised, < 30 cm wide were Vietnam ($128M), Hong Kong ($119M), Bangladesh ($104M), Sri Lanka ($70.9M), and Indonesia ($50.4M).

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Exporters of Woven fabric, elasticised, < 30 cm wide (2023)
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Importers of Woven fabric, elasticised, < 30 cm wide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$6.55M
Top Destination Growth (2022 -  2023)Vietnam$32.5M

Between 2022 and 2023, the exports of Woven fabric, elasticised, < 30 cm wide grew the fastest in Germany ($6.55M), Denmark ($1.13M), Singapore ($1.05M), Mexico ($999k), and Malaysia ($953k).

Between 2022 and 2023, the fastest growing importers of Woven fabric, elasticised, < 30 cm wide were Vietnam ($32.5M), Czechia ($2.97M), Albania ($2.63M), Togo ($2.44M), and South Korea ($1.94M).

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Exporters of Woven fabric, elasticised, < 30 cm wide (2022 - 2023)

Importers of Woven fabric, elasticised, < 30 cm wide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Woven fabric, elasticised, < 30 cm wide.

In 2023, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Woven fabric, elasticised, < 30 cm wide are explained by 11 countries.

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Value of Exports in Woven fabric, elasticised, < 30 cm wide

Net Trade

TOP NET EXPORTER (2023)China$438M
TOP NET IMPORTER (2023)Vietnam$113M

This map shows which countries export or import more of Woven fabric, elasticised, < 30 cm wide. Each country is colored based on the difference in exports and imports of Woven fabric, elasticised, < 30 cm wide during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Woven fabric, elasticised, < 30 cm wide were China ($438M), Italy ($50.5M), Chinese Taipei ($30.3M), Germany ($22.3M), and Turkey ($19.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Woven fabric, elasticised, < 30 cm wide were Vietnam ($113M), Bangladesh ($103M), Sri Lanka ($41.5M), Indonesia ($38.3M), and Burma ($30.5M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Woven fabric, elasticised, < 30 cm wide.
It is possible to select the main countries that export or import Woven fabric, elasticised, < 30 cm wide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Woven fabric, elasticised, < 30 cm wide 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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