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570242 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.46BRnk 1047 / 4648
2022
Top Exporter | Top Importer $2.19B | $1.03BTurkey | United States
2022
Product Complexity -0.81Rnk 3607 / 4653
2021 - 2022
Export Growth (CAGR) -14.2%Rnk 4139 / 4648
2022
Share of World Trade 0.015%Rnk 1047 / 4648

About

Overview This page contains the latest trade data of Carpets of manmade yarn, woven pile, made up,nes. In 2022, Carpets of manmade yarn, woven pile, made up,nes were the world's 1047th most traded product, with a total trade of $3.46B. Between 2021 and 2022 the exports of Carpets of manmade yarn, woven pile, made up,nes decreased by -14.2%, from $4.04B to $3.46B. Trade in Carpets of manmade yarn, woven pile, made up,nes represent 0.015% of total world trade.

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

Exports In 2022 the top exporters of Carpets of manmade yarn, woven pile, made up,nes  were Turkey ($2.19B), China ($250M), Belgium ($232M), Egypt ($203M), and Germany ($94.9M).

Imports In 2022 the top importers of Carpets of manmade yarn, woven pile, made up,nes were United States ($1.03B), Germany ($218M), Saudi Arabia ($193M), United Arab Emirates ($125M), and Canada ($108M).

Ranking Carpets of manmade yarn, woven pile, made up,nes ranks 3607th 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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Y-AXIS SCALE

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 (2022)Turkey$2.19B
Top Destination (2022)United States$1.03B

In 2022 Carpets of manmade yarn, woven pile, made up,nes were the world's 1047th most traded product (out of 4,648).

In 2022, the top exporters of Carpets of manmade yarn, woven pile, made up,nes were Turkey ($2.19B), China ($250M), Belgium ($232M), Egypt ($203M), and Germany ($94.9M).

In 2022, the top importers of Carpets of manmade yarn, woven pile, made up,nes were United States ($1.03B), Germany ($218M), Saudi Arabia ($193M), United Arab Emirates ($125M), and Canada ($108M).

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Exporters of Carpets of manmade yarn, woven pile, made up,nes (2022)
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Importers of Carpets of manmade yarn, woven pile, made up,nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Poland$16.5M
Top Destination Growth (2021 -  2022)Saudi Arabia$33.8M

Between 2021 and 2022, the exports of Carpets of manmade yarn, woven pile, made up,nes grew the fastest in Poland ($16.5M), Austria ($8.95M), Sweden ($7.74M), Netherlands ($5.29M), and Saudi Arabia ($3.28M).

Between 2021 and 2022, the fastest growing importers of Carpets of manmade yarn, woven pile, made up,nes were Saudi Arabia ($33.8M), Kuwait ($13.1M), Malaysia ($12.6M), Georgia ($10.1M), and Iraq ($9.66M).

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Exporters of Carpets of manmade yarn, woven pile, made up,nes (2021 - 2022)

Importers of Carpets of manmade yarn, woven pile, made up,nes (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 2.38. This means that most of the exports of Carpets of manmade yarn, woven pile, made up,nes are explained by 5 countries.

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

Net Trade

TOP NET EXPORTER (2022)Turkey$2.19B
TOP NET IMPORTER (2022)United States$982M

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 2022.

In 2022, 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 ($2.19B), China ($233M), Egypt ($190M), Belgium ($190M), and India ($62.9M).

In 2022, 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 ($982M), Saudi Arabia ($181M), Germany ($123M), Iraq ($105M), and Canada ($101M).

Net Trade (2022)

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 (2022)

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