2022
Exports
$617MWorld Rnk 4 / 180
Flag Rnk 138 / 1212
2022
PRODUCT COMPLEXITY IN Tufted Carpets
0.096Rnk 524 / 1025
2022
Imports
$113MWorld Rnk 17 / 215
Flag Rnk 430 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $617M in Tufted Carpets, making it the 4th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 138th most exported product in India. The main destination of Tufted Carpets exports from India are: United States ($352M), United Kingdom ($35M), Germany ($27.8M), Australia ($23.4M), and Canada ($16M).

The fastest growing export markets for Tufted Carpets of India between 2021 and 2022 were Sweden ($2.19M), Italy ($1.6M), and Kuwait ($1.03M).

Imports In 2022, India imported $113M in Tufted Carpets, becoming the 17th largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 430th most imported product in India. India imports Tufted Carpets primarily from: Vietnam ($39.6M), China ($35.4M), Thailand ($8.28M), United Arab Emirates ($4.63M), and United States ($3.59M).

The fastest growing import markets in Tufted Carpets for India between 2021 and 2022 were China ($18.4M), Vietnam ($12.8M), and United Arab Emirates ($2.94M).

COMPANIES In 2023, leading companies such as IKEA Group (84), At Home Procurement (63), and Home Dynamix (13) were at the forefront of shipping Tufted Carpets from India to the United States.

Latest Trends

Oct 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 Tufted 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 (2022)$617M
IMPORTS (2022)$113M
NET TRADE (2022)$504M

In 2022, India exported $617M in Tufted Carpets. The main destinations of India exports on Tufted Carpets were United States ($352M), United Kingdom ($35M), Germany ($27.8M), Australia ($23.4M), and Canada ($16M).

In 2022, India imported $113M in Tufted Carpets, mainly from Vietnam ($39.6M), China ($35.4M), Thailand ($8.28M), United Arab Emirates ($4.63M), and United States ($3.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR India WERE (2021 - 2022):
Sweden$2.19M (27.6%)
Italy$1.6M (15.9%)
Kuwait$1.03M (75.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY India WERE (2021 - 2022):
United States-$73.9M (-17.3%)
United Kingdom-$14.7M (-29.5%)
Canada-$9.4M (-37.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Tufted Carpets were:
In 2022, India's main importing competitors in Tufted Carpets were:

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $14.7M
TOP IMPORT POTENTIALChina+ $27.7M

Tufted Carpets’s highest export potential is United Kingdom. With an export gap of $14.7M.   Tufted Carpets’s highest import potential is China with an import gap of $27.7M.

See methodology.

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