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2022
Exports $3.72BWorld Rnk 1 / 203
Flag Rnk 61 / 96
2022
Destination $81.8M United States
2021 - 2022
FASTEST GROWING MARKET $81.8MIraq
2022
PRODUCT COMPLEXITY IN Carpets & textile floor covers0.3Rnk 450 / 1025
2022
Imports $87MWorld Rnk 39 / 225
Flag Rnk 92 / 96
2022
Origin $2.6M India
2021 - 2022
FASTEST GROWING ORIGIN $2.6MHong Kong
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.72B in Carpets & textile floor covers, making it the 1st largest exporter of Carpets & textile floor covers in the world. At the same year, Carpets & textile floor covers was the 61st most exported product in China. The main destination of Carpets & textile floor covers exports from China are: United States ($500M), Japan ($388M), Malaysia ($231M), Saudi Arabia ($200M), and Iraq ($193M).

The fastest growing export markets for Carpets & textile floor covers of China between 2021 and 2022 were Iraq ($81.8M), Saudi Arabia ($64.9M), and Thailand ($44.6M).

Imports In 2022, China imported $87M in Carpets & textile floor covers, becoming the 39th largest importer of Carpets & textile floor covers in the world. At the same year, Carpets & textile floor covers was the 92nd most imported product in China. China imports Carpets & textile floor covers primarily from: India ($12.5M), Turkey ($11M), Egypt ($8.83M), Japan ($6.98M), and Germany ($6.39M).

The fastest growing import markets in Carpets & textile floor covers for China between 2021 and 2022 were Hong Kong ($2.6M), Germany ($1.79M), and Italy ($1.78M).

COMPANIES In 2023, leading companies such as IKEA Group (262), Costco Wholesale (46), and General Motors (32) were at the forefront of shipping Carpets & textile floor covers from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Carpets & textile floor covers exports accounted up to $342M and imports accounted up to $7.83M, resulting in a positive trade balance of $334M. Between July 2023 and July 2024 the exports of China's   Carpets & textile floor covers have increased by $4.85M (1.44%) from $337M to $342M, while imports decreased by $-872k (-10%) from $8.7M to $7.83M.

Destinations In July 2024, Carpets & textile floor covers were exported mostly to United States ($78.2M), Iraq ($25M), Japan ($21.8M), Germany ($13.7M), and Malaysia ($11.7M), and were imported mostly from India ($2M), Turkey ($1.24M), Ireland ($778k), Japan ($650k), and United States ($446k).

Growth In July 2024, the increase in Carpets & textile floor covers's year-by-year exports was explained primarily by an increase in exports to Singapore ($12.1M or 435%), United States ($8.97M or 15.5%), and Saudi Arabia ($7.02M or 37.2%). In July 2024, the decrease in Carpets & textile floor covers's year-by-year imports was explained primarily by a decrease in imports from India ($-1.74M or -76.7%), Japan ($-510k or -63.1%), and Turkey ($-463k or -49.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$4.85M(1.44%)
IMPORT GROWTH (July 2023 - July 2024)$-872k(-10%)
MAIN EXPORTER (July 2024)Zhejiang Province$117M
MAIN DESTINATION (July 2024)United States$78.2M

This section shows Carpets & textile floor covers's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Carpets & textile floor covers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.72B
IMPORTS (2022)$87M
NET TRADE (2022)$3.63B

In 2022, China exported $3.72B in Carpets & textile floor covers. The main destinations of China exports on Carpets & textile floor covers were United States ($500M), Japan ($388M), Malaysia ($231M), Saudi Arabia ($200M), and Iraq ($193M).

In 2022, China imported $87M in Carpets & textile floor covers, mainly from India ($12.5M), Turkey ($11M), Egypt ($8.83M), Japan ($6.98M), and Germany ($6.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carpets & textile floor covers EXPORT MARKETS FOR China WERE (2021 - 2022):
Iraq$81.8M (73.6%)
Saudi Arabia$64.9M (48.2%)
Thailand$44.6M (62.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carpets & textile floor covers BY China WERE (2021 - 2022):
Chile-$36.4M (-41.1%)
United Kingdom-$30.8M (-28.6%)
Spain-$29.9M (-36.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Carpets & textile floor covers were:
Turkey $2.89B
India $2.05B
In 2022, China's main importing competitors in Carpets & textile floor covers were:
United States $3.46B
Germany $1.23B
United Kingdom $1.15B

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Trade Value of Carpets & textile floor covers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $61M
TOP IMPORT POTENTIALIndia+ $23.1M

Carpets & textile floor covers’s highest export potential is United States. With an export gap of $61M.   Carpets & textile floor covers’s highest import potential is India with an import gap of $23.1M.

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