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570190 (Harmonized System 1992 for 6-digit)

2023
World Trade $296MRnk 3348 / 4644
2023
Top Exporter | Top Importer $99.6M | $102MIndia | United States
2023
Product Complexity -1.25Rnk 4060 / 4656
2022 - 2023
Export Growth (CAGR) -17.4%Rnk 3462 / 4644
2023
Share of World Trade 0.0013%Rnk 3348 / 4644

About

Overview This page contains the latest trade data of Carpets of materials nes, knotted. In 2023, Carpets of materials nes, knotted were the world's 3348th most traded product, with a total trade of $296M. Between 2022 and 2023 the exports of Carpets of materials nes, knotted decreased by -17.4%, from $359M to $296M. Trade in Carpets of materials nes, knotted represent 0.0013% of total world trade.

Carpets of materials nes, knotted are a part of Knotted Carpets.

Exports In 2023 the top exporters of Carpets of materials nes, knotted  were India ($99.6M), China ($51.2M), Turkey ($37.6M), Nepal ($22.7M), and Iran ($13.4M).

Imports In 2023 the top importers of Carpets of materials nes, knotted were United States ($102M), United Kingdom ($38.5M), Germany ($14.3M), Canada ($9.45M), and Japan ($7.61M).

Ranking Carpets of materials nes, knotted ranks 4060th in the Product Complexity Index (PCI).

Description Carpets are used to cover floors and serve as a decorative addition to the room. They are often used as a surface to sit on and are used as a barrier between the hard floor and a person's legs. They are often made of wool, cotton, silk, or synthetic fibers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of materials nes, knotted. 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)India$99.6M
Top Destination (2023)United States$102M

In 2023 Carpets of materials nes, knotted were the world's 3348th most traded product (out of 4,644).

In 2023, the top exporters of Carpets of materials nes, knotted were India ($99.6M), China ($51.2M), Turkey ($37.6M), Nepal ($22.7M), and Iran ($13.4M).

In 2023, the top importers of Carpets of materials nes, knotted were United States ($102M), United Kingdom ($38.5M), Germany ($14.3M), Canada ($9.45M), and Japan ($7.61M).

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Exporters of Carpets of materials nes, knotted (2023)
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Importers of Carpets of materials nes, knotted (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Nepal$5.17M
Top Destination Growth (2022 -  2023)United States$7.77M

Between 2022 and 2023, the exports of Carpets of materials nes, knotted grew the fastest in Nepal ($5.17M), Iran ($2.38M), Turkey ($1.98M), Netherlands ($864k), and Jordan ($749k).

Between 2022 and 2023, the fastest growing importers of Carpets of materials nes, knotted were United States ($7.77M), Germany ($2.01M), United Kingdom ($1.34M), Sweden ($1.1M), and Libya ($974k).

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Exporters of Carpets of materials nes, knotted (2022 - 2023)

Importers of Carpets of materials nes, knotted (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of materials nes, knotted.

In 2023, market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Carpets of materials nes, knotted are explained by 11 countries.

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Value of Exports in Carpets of materials nes, knotted

Net Trade

TOP NET EXPORTER (2023)India$97.2M
TOP NET IMPORTER (2023)United States$96.1M

This map shows which countries export or import more of Carpets of materials nes, knotted. Each country is colored based on the difference in exports and imports of Carpets of materials nes, knotted during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of materials nes, knotted were India ($97.2M), China ($47.6M), Turkey ($35.5M), Nepal ($22.6M), and Iran ($13M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of materials nes, knotted were United States ($96.1M), United Kingdom ($33.4M), Germany ($9.9M), Canada ($8.96M), and Japan ($7.33M).

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 materials nes, knotted.
It is possible to select the main countries that export or import Carpets of materials nes, knotted in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carpets of materials nes, knotted 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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