2023
Exports
$350MWorld Rnk 1 / 168
Flag Rnk 204 / 1212
2023
PRODUCT COMPLEXITY IN Knotted Carpets
-1.01Rnk 829 / 1025
2023
Imports
$3.7MWorld Rnk 27 / 210
Flag Rnk 988 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $350M in Knotted Carpets, making it the 1st largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 204th most exported product in India. The main destination of Knotted Carpets exports from India are: United States ($239M), United Kingdom ($17.3M), Germany ($13.2M), Australia ($10.3M), and Canada ($10.2M).

The fastest growing export markets for Knotted Carpets of India between 2022 and 2023 were United Kingdom ($3.89M), Turkey ($1.82M), and China ($1.13M).

Imports In 2023, India imported $3.7M in Knotted Carpets, becoming the 27th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 988th most imported product in India. India imports Knotted Carpets primarily from: United Arab Emirates ($2.02M), United Kingdom ($358k), United States ($310k), China ($231k), and Italy ($216k).

The fastest growing import markets in Knotted Carpets for India between 2022 and 2023 were United Kingdom ($343k), China ($213k), and Italy ($114k).

COMPANIES In 2023, leading companies such as Arhaus (23), Design Within Reach (15), and At Home Procurement (11) were at the forefront of shipping Knotted Carpets from India to the United States.

Latest Trends

Dec 2024

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 Knotted Carpets. 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)$350M
IMPORTS (2023)$3.7M
NET TRADE (2023)$346M

In 2023, India exported $350M in Knotted Carpets. The main destinations of India exports on Knotted Carpets were United States ($239M), United Kingdom ($17.3M), Germany ($13.2M), Australia ($10.3M), and Canada ($10.2M).

In 2023, India imported $3.7M in Knotted Carpets, mainly from United Arab Emirates ($2.02M), United Kingdom ($358k), United States ($310k), China ($231k), and Italy ($216k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR India WERE (2022 - 2023):
United Kingdom$3.89M (29%)
Turkey$1.82M (122%)
China$1.13M (56.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY India WERE (2022 - 2023):
United States-$20.4M (-7.84%)
Malaysia-$6.16M (-95%)
Australia-$4.21M (-28.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Knotted Carpets were:
In 2023, India's main importing competitors in Knotted Carpets were:

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.26M
TOP IMPORT POTENTIALEgypt+ $379k

Knotted Carpets’s highest export potential is Germany. With an export gap of $3.26M.   Knotted Carpets’s highest import potential is Egypt with an import gap of $379k.

See methodology.

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