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2022
Exports $1.48BWorld Rnk 1 / 180
Flag Rnk 357 / 1216
2022
Destination $66.4M Iraq
2021 - 2022
FASTEST GROWING MARKET $66.4MIraq
2022
PRODUCT COMPLEXITY IN Other Carpets-0.63Rnk 739 / 1025
2022
Imports $6.62MWorld Rnk 52 / 223
Flag Rnk 1048 / 1212
2022
Origin $747k India
2021 - 2022
FASTEST GROWING ORIGIN $747kItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.48B in Other Carpets, making it the 1st largest exporter of Other Carpets in the world. At the same year, Other Carpets was the 357th most exported product in China. The main destination of Other Carpets exports from China are: Iraq ($168M), Japan ($157M), United States ($132M), Saudi Arabia ($113M), and Malaysia ($108M).

The fastest growing export markets for Other Carpets of China between 2021 and 2022 were Iraq ($66.4M), Saudi Arabia ($56.2M), and Thailand ($15.3M).

Imports In 2022, China imported $6.62M in Other Carpets, becoming the 52nd largest importer of Other Carpets in the world. At the same year, Other Carpets was the 1048th most imported product in China. China imports Other Carpets primarily from: India ($1.91M), Italy ($1.02M), Egypt ($828k), United States ($628k), and United Kingdom ($615k).

The fastest growing import markets in Other Carpets for China between 2021 and 2022 were Italy ($747k), United Arab Emirates ($98.9k), and Egypt ($51.2k).

COMPANIES In 2023, leading companies such as IKEA Group (18), Costco Wholesale (7), and 99 Cents Only Stores (4) were at the forefront of shipping Other Carpets from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Other Carpets exports accounted up to $144M and imports accounted up to $1.28M, resulting in a positive trade balance of $143M. Between July 2023 and July 2024 the exports of China's   Other Carpets have decreased by $-4.63M (-3.12%) from $148M to $144M, while imports increased by $512k (66.3%) from $773k to $1.28M.

Destinations In July 2024, Other Carpets were exported mostly to United States ($36.5M), Iraq ($13.1M), Japan ($8.75M), Germany ($6.41M), and Malaysia ($4.65M), and were imported mostly from Ireland ($773k), Denmark ($138k), India ($127k), United States ($83.9k), and France ($43.5k).

Growth In July 2024, the decrease in Other Carpets's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-6.1M or -44.9%), Iraq ($-3.95M or -20.9%), and United Arab Emirates ($-2.88M or -38.3%). In July 2024, the increase in Other Carpets's year-by-year imports was explained primarily by an increase in imports from Turkey ($17.2k or 566%), Nepal ($15.6k or 183%), and Chinese Taipei ($5.2k or 9.87%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-4.63M(-3.12%)
IMPORT GROWTH (July 2023 - July 2024)$512k(66.3%)
MAIN EXPORTER (July 2024)Zhejiang Province$81.3M
MAIN DESTINATION (July 2024)United States$36.5M

This section shows Other Carpets'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 Other Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.48B
IMPORTS (2022)$6.62M
NET TRADE (2022)$1.47B

In 2022, China exported $1.48B in Other Carpets. The main destinations of China exports on Other Carpets were Iraq ($168M), Japan ($157M), United States ($132M), Saudi Arabia ($113M), and Malaysia ($108M).

In 2022, China imported $6.62M in Other Carpets, mainly from India ($1.91M), Italy ($1.02M), Egypt ($828k), United States ($628k), and United Kingdom ($615k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Carpets EXPORT MARKETS FOR China WERE (2021 - 2022):
Iraq$66.4M (65.2%)
Saudi Arabia$56.2M (98.5%)
Thailand$15.3M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Carpets BY China WERE (2021 - 2022):
Chile-$20M (-60.6%)
Malaysia-$17.5M (-13.9%)
Japan-$9.48M (-5.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Carpets were:
India $294M
Netherlands $55.6M
In 2022, China's main importing competitors in Other Carpets were:
United States $312M
Japan $173M
Iraq $171M

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Trade Value of Other Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $6.96M
TOP IMPORT POTENTIALIndia+ $2.43M

Other Carpets’s highest export potential is Russia. With an export gap of $6.96M.   Other Carpets’s highest import potential is India with an import gap of $2.43M.

See methodology.

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