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570390 (Harmonized System 1992 for 6-digit)

2022
World Trade $617MRnk 2715 / 4648
2022
Top Exporter | Top Importer $267M | $177MIndia | United States
2022
Product Complexity -1.27Rnk 4079 / 4653
2021 - 2022
Export Growth (CAGR) 8.31%Rnk 1800 / 4648
2022
Share of World Trade 0.0026%Rnk 2715 / 4648

About

Overview This page contains the latest trade data of Carpets of materials nes, tufted. In 2022, Carpets of materials nes, tufted were the world's 2715th most traded product, with a total trade of $617M. Between 2021 and 2022 the exports of Carpets of materials nes, tufted grew by 8.31%, from $570M to $617M. Trade in Carpets of materials nes, tufted represent 0.0026% of total world trade.

Carpets of materials nes, tufted are a part of Tufted Carpets.

Exports In 2022 the top exporters of Carpets of materials nes, tufted  were India ($267M), China ($63.9M), Turkey ($41M), Egypt ($28.4M), and Portugal ($21.6M).

Imports In 2022 the top importers of Carpets of materials nes, tufted were United States ($177M), Germany ($37.6M), United Kingdom ($28.1M), Saudi Arabia ($22.1M), and Australia ($22M).

Ranking Carpets of materials nes, tufted ranks 4079th in the Product Complexity Index (PCI).

Description Carpets are used in all rooms of the house, for decoration and to increase comfort, to provide insulation, and to provide soundproofing.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Carpets of materials nes, tufted. 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)India$267M
Top Destination (2022)United States$177M

In 2022 Carpets of materials nes, tufted were the world's 2715th most traded product (out of 4,648).

In 2022, the top exporters of Carpets of materials nes, tufted were India ($267M), China ($63.9M), Turkey ($41M), Egypt ($28.4M), and Portugal ($21.6M).

In 2022, the top importers of Carpets of materials nes, tufted were United States ($177M), Germany ($37.6M), United Kingdom ($28.1M), Saudi Arabia ($22.1M), and Australia ($22M).

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Exporters of Carpets of materials nes, tufted (2022)
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Importers of Carpets of materials nes, tufted (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Egypt$22.1M
Top Destination Growth (2021 -  2022)Saudi Arabia$17.2M

Between 2021 and 2022, the exports of Carpets of materials nes, tufted grew the fastest in Egypt ($22.1M), China ($20.2M), Iran ($7.53M), Italy ($7.38M), and United States ($6.42M).

Between 2021 and 2022, the fastest growing importers of Carpets of materials nes, tufted were Saudi Arabia ($17.2M), Australia ($6.88M), Kuwait ($6.03M), Germany ($5.92M), and India ($5.89M).

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Exporters of Carpets of materials nes, tufted (2021 - 2022)

Importers of Carpets of materials nes, tufted (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Carpets of materials nes, tufted are explained by 11 countries.

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Value of Exports in Carpets of materials nes, tufted

Net Trade

TOP NET EXPORTER (2022)India$259M
TOP NET IMPORTER (2022)United States$163M

This map shows which countries export or import more of Carpets of materials nes, tufted. Each country is colored based on the difference in exports and imports of Carpets of materials nes, tufted during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carpets of materials nes, tufted were India ($259M), China ($60.3M), Turkey ($37.6M), Egypt ($26.5M), and Portugal ($18.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Carpets of materials nes, tufted were United States ($163M), Germany ($25.8M), Saudi Arabia ($21.6M), United Kingdom ($21.6M), and Australia ($20M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Carpets of materials nes, tufted 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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