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570242 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.1BRnk 1095 / 4644
2023
Top Exporter | Top Importer $2.09B | $958MTurkey | United States
2023
Product Complexity -0.84Rnk 3657 / 4656
2022 - 2023
Export Growth (CAGR) -11.9%Rnk 2914 / 4644
2023
Share of World Trade 0.014%Rnk 1095 / 4644

About

Overview This page contains the latest trade data of Carpets of manmade yarn, woven pile, made up,nes. In 2023, Carpets of manmade yarn, woven pile, made up,nes were the world's 1095th most traded product, with a total trade of $3.1B. Between 2022 and 2023 the exports of Carpets of manmade yarn, woven pile, made up,nes decreased by -11.9%, from $3.52B to $3.1B. Trade in Carpets of manmade yarn, woven pile, made up,nes represent 0.014% of total world trade.

Carpets of manmade yarn, woven pile, made up,nes are a part of Hand-Woven Rugs.

Exports In 2023 the top exporters of Carpets of manmade yarn, woven pile, made up,nes  were Turkey ($2.09B), China ($241M), Egypt ($181M), Belgium ($180M), and India ($96.1M).

Imports In 2023 the top importers of Carpets of manmade yarn, woven pile, made up,nes were United States ($958M), Saudi Arabia ($268M), Germany ($245M), Iraq ($101M), and United Kingdom ($89.3M).

Ranking Carpets of manmade yarn, woven pile, made up,nes ranks 3657th in the Product Complexity Index (PCI).

Description Carpets are often used in public spaces, such as lobbies and hallways, and in the homes of many people. They are typically used to reduce noise, or as a decorative element. They can also be used to provide a comfortable space for people to sit or walk on.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of manmade yarn, woven pile, made up,nes. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Turkey$2.09B
Top Destination (2023)United States$958M

In 2023 Carpets of manmade yarn, woven pile, made up,nes were the world's 1095th most traded product (out of 4,644).

In 2023, the top exporters of Carpets of manmade yarn, woven pile, made up,nes were Turkey ($2.09B), China ($241M), Egypt ($181M), Belgium ($180M), and India ($96.1M).

In 2023, the top importers of Carpets of manmade yarn, woven pile, made up,nes were United States ($958M), Saudi Arabia ($268M), Germany ($245M), Iraq ($101M), and United Kingdom ($89.3M).

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Exporters of Carpets of manmade yarn, woven pile, made up,nes (2023)
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Importers of Carpets of manmade yarn, woven pile, made up,nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$37.9M
Top Destination Growth (2022 -  2023)Netherlands$12.3M

Between 2022 and 2023, the exports of Carpets of manmade yarn, woven pile, made up,nes grew the fastest in China ($37.9M), United Kingdom ($6.14M), Poland ($4.63M), Sweden ($3.8M), and Germany ($3.74M).

Between 2022 and 2023, the fastest growing importers of Carpets of manmade yarn, woven pile, made up,nes were Netherlands ($12.3M), Germany ($11.1M), Iran ($9.78M), Belarus ($4.86M), and Laos ($4.39M).

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Exporters of Carpets of manmade yarn, woven pile, made up,nes (2022 - 2023)

Importers of Carpets of manmade yarn, woven pile, made up,nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of manmade yarn, woven pile, made up,nes.

In 2023, market concentration measured using Shannon Entropy, was 2.11. This means that most of the exports of Carpets of manmade yarn, woven pile, made up,nes are explained by 4 countries.

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Value of Exports in Carpets of manmade yarn, woven pile, made up,nes

Net Trade

TOP NET EXPORTER (2023)Turkey$2.08B
TOP NET IMPORTER (2023)United States$940M

This map shows which countries export or import more of Carpets of manmade yarn, woven pile, made up,nes. Each country is colored based on the difference in exports and imports of Carpets of manmade yarn, woven pile, made up,nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of manmade yarn, woven pile, made up,nes were Turkey ($2.08B), China ($224M), Egypt ($179M), Belgium ($143M), and India ($76.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of manmade yarn, woven pile, made up,nes were United States ($940M), Saudi Arabia ($263M), Germany ($188M), Iraq ($101M), and Canada ($84.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Carpets of manmade yarn, woven pile, made up,nes.
It is possible to select the main countries that export or import Carpets of manmade yarn, woven pile, made up,nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carpets of manmade yarn, woven pile, made up,nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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