2023
Exports
$872MWorld Rnk 2 / 188
Flag Rnk 96 / 1212
2023
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.92Rnk 809 / 1025
2023
Imports
$32.2MWorld Rnk 29 / 220
Flag Rnk 666 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $872M in Hand-Woven Rugs, making it the 2nd largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 96th most exported product in India. The main destination of Hand-Woven Rugs exports from India are: United States ($426M), United Kingdom ($45.3M), Germany ($44.4M), Australia ($37.3M), and Canada ($36.9M).

The fastest growing export markets for Hand-Woven Rugs of India between 2022 and 2023 were France ($2.24M), Brazil ($1.53M), and Singapore ($1.39M).

Imports In 2023, India imported $32.2M in Hand-Woven Rugs, becoming the 29th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 666th most imported product in India. India imports Hand-Woven Rugs primarily from: Turkey ($15.6M), Nepal ($3.64M), Thailand ($2.13M), China ($2.07M), and Egypt ($1.59M).

The fastest growing import markets in Hand-Woven Rugs for India between 2022 and 2023 were Nepal ($1.34M), Thailand ($1.03M), and Egypt ($750k).

COMPANIES In 2024, leading companies such as IKEA Group (274), Arhaus (60), and Design Within Reach (44) were at the forefront of shipping Hand-Woven Rugs from India to the United States.

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hand-Woven Rugs. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$872M
IMPORTS (2023)$32.2M
NET TRADE (2023)$840M

In 2023, India exported $872M in Hand-Woven Rugs. The main destinations of India exports on Hand-Woven Rugs were United States ($426M), United Kingdom ($45.3M), Germany ($44.4M), Australia ($37.3M), and Canada ($36.9M).

In 2023, India imported $32.2M in Hand-Woven Rugs, mainly from Turkey ($15.6M), Nepal ($3.64M), Thailand ($2.13M), China ($2.07M), and Egypt ($1.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR India WERE (2022 - 2023):
France$2.24M (18.7%)
Brazil$1.53M (28.6%)
Singapore$1.39M (76.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY India WERE (2022 - 2023):
Australia-$22.8M (-37.9%)
Sweden-$14.4M (-44.1%)
United States-$9.44M (-2.17%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Hand-Woven Rugs were:
Turkey $2.28B
China $613M
In 2023, India's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.5M
TOP IMPORT POTENTIALTurkey+ $5.28M

Hand-Woven Rugs’s highest export potential is China. With an export gap of $12.5M.   Hand-Woven Rugs’s highest import potential is Turkey with an import gap of $5.28M.

See methodology.

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