HS Icon Chenille fabric of manmade fibres, except <30cm wide

580136 (Harmonized System 1992 for 6-digit)

World Trade (2018): $540M, Rnk 2698 / 4726

Top Exporter (2018): $181M, China

Top Importer (2018): $92.5M, United Kingdom

Product Complexity (2018): 0.2, Rnk 1325 / 2722

Export Growth (CAGR)(2017 - 2018): -5.18%, Rnk 4148 / 4726

Mean Tariff (2018): 15.6%, Rnk 1035 / 6538

Share of World Trade (2018): 0.0029%, Rnk 2698 / 4726

Overview:  This page contains the latest trade data of Chenille fabric of manmade fibres, except <30cm wide. In 2018, Chenille fabric of manmade fibres, except <30cm wide were the world's 2698th most traded product, with a total trade of $540M. Between 2017 and 2018 the exports of Chenille fabric of manmade fibres, except <30cm wide decreased by -5.18%, from  $569M to $540M. Trade in Chenille fabric of manmade fibres, except <30cm wide represent 0.0029% of total world trade.

Exports: In 2018 the top exporters of Chenille fabric of manmade fibres, except <30cm wide  were China ($181M), Turkey ($95.5M), Belgium-Luxembourg ($69.4M), Spain ($37.8M), and Italy ($20.9M).

Imports: In 2018 the top importers of Chenille fabric of manmade fibres, except <30cm wide were United Kingdom ($92.5M), United States ($89.2M), Poland ($39.7M), Vietnam ($37M), and Germany ($23.2M).

Tariffs: In 2018 the average tariff for Chenille fabric of manmade fibres, except <30cm wide was 15.6%, making it the 1035th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Chenille fabric of manmade fibres, except <30cm wide are Iran (70%), Sudan (35%), Ethiopia (34.7%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Chenille fabric of manmade fibres, except <30cm wide ranks 1325th in the Product Complexity Index (PCI).

Description: Chenille fabric of manmade fibres, except <30cm wide, is used to make bedspreads of various weights, bedspreads with end panels, and bedspreads with a supplementary layer of cotton, wool, or other natural fibre batting. Chenille fabric of manmade fibres, except <30cm wide, is also used to make upholstered furniture, and upholstered furniture with a supplementary layer of natural fibre batting. Chenille fabric of manmade fibres, except <30cm wide, is often used for upholstery of furniture

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $181M

Top Destination (2018): United Kingdom, $92.5M

Chenille fabric of manmade fibres, except <30cm wide are the world's 2698th most traded product.

In 2018, the top exporters of Chenille fabric of manmade fibres, except <30cm wide were China ($181M), Turkey ($95.5M), Belgium-Luxembourg ($69.4M), Spain ($37.8M), and Italy ($20.9M).

In 2018, the top importers of Chenille fabric of manmade fibres, except <30cm wide were United Kingdom ($92.5M), United States ($89.2M), Poland ($39.7M), Vietnam ($37M), and Germany ($23.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $9.03M

Top Destination Growth (2017 - 2018): Vietnam, $6.07M

Between 2017 and 2018, the exports of Chenille fabric of manmade fibres, except <30cm wide grew the fastest in United States ($9.03M), Romania ($5.45M), United Kingdom ($4.1M), Germany ($2.14M), and Spain ($1.58M).

Between 2017 and 2018, the fastest growing importers of Chenille fabric of manmade fibres, except <30cm wide were Vietnam ($6.07M), Canada ($4.31M), Mexico ($4.16M), Netherlands ($2.29M), and Russia ($2M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Chenille fabric of manmade fibres, except <30cm wide.

In 2018,  market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Chenille fabric of manmade fibres, except <30cm wide are explained by 9 countries.

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TOP NET EXPORTER (2018): China, $178M

TOP NET IMPORTER (2018): United Kingdom, $73.5M

This map shows which countries export or import more of Chenille fabric of manmade fibres, except <30cm wide. Each country is colored based on the difference in exports and imports of Chenille fabric of manmade fibres, except <30cm wide during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Chenille fabric of manmade fibres, except <30cm wide were China ($178M), Turkey ($92.4M), Belgium-Luxembourg ($55.5M), Spain ($33.9M), and India ($19.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Chenille fabric of manmade fibres, except <30cm wide were United Kingdom ($73.5M), United States ($69.7M), Vietnam ($37M), Poland ($35.5M), and Lithuania ($19.1M).

Import Tariffs

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In 2018, the average tariff for importing Chenille fabric of manmade fibres, except <30cm wide was 15.6%.  The countries with the highest tariffs for importing Chenille fabric of manmade fibres, except <30cm wide were Iran (70%), Sudan (35%), Ethiopia (34.7%), Cameroon (29.4%), and Gabon (29.4%).

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Product Complexity

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Diversification Frontier

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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.