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570291 (Harmonized System 1992 for 6-digit)

2023
World Trade $123MRnk 3959 / 4644
2023
Top Exporter | Top Importer $64.6M | $32.4MIndia | United States
2023
Product Complexity -0.67Rnk 3454 / 4656
2022 - 2023
Export Growth (CAGR) -0.026%Rnk 1556 / 4644
2023
Share of World Trade 0.00054%Rnk 3959 / 4644

About

Overview This page contains the latest trade data of Carpets of wool or fine hair, woven, made up, nes. In 2023, Carpets of wool or fine hair, woven, made up, nes were the world's 3959th most traded product, with a total trade of $123M. Between 2022 and 2023 the exports of Carpets of wool or fine hair, woven, made up, nes decreased by -0.026%, from $123M to $123M. Trade in Carpets of wool or fine hair, woven, made up, nes represent 0.00054% of total world trade.

Carpets of wool or fine hair, woven, made up, nes are a part of Hand-Woven Rugs.

Exports In 2023 the top exporters of Carpets of wool or fine hair, woven, made up, nes  were India ($64.6M), Germany ($11.2M), Romania ($6.01M), Sweden ($5.47M), and Morocco ($4.74M).

Imports In 2023 the top importers of Carpets of wool or fine hair, woven, made up, nes were United States ($32.4M), Germany ($9.5M), Austria ($7.04M), United Kingdom ($5.7M), and France ($5.62M).

Ranking Carpets of wool or fine hair, woven, made up, nes ranks 3454th in the Product Complexity Index (PCI).

Description Many people use carpets made out of wool or fine hair woven together to decorate their living room. They are typically used to add warmth, create a cozy atmosphere, and to provide a soft surface to walk and sit on.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of wool or fine hair, woven, 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)India$64.6M
Top Destination (2023)United States$32.4M

In 2023 Carpets of wool or fine hair, woven, made up, nes were the world's 3959th most traded product (out of 4,644).

In 2023, the top exporters of Carpets of wool or fine hair, woven, made up, nes were India ($64.6M), Germany ($11.2M), Romania ($6.01M), Sweden ($5.47M), and Morocco ($4.74M).

In 2023, the top importers of Carpets of wool or fine hair, woven, made up, nes were United States ($32.4M), Germany ($9.5M), Austria ($7.04M), United Kingdom ($5.7M), and France ($5.62M).

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Exporters of Carpets of wool or fine hair, woven, made up, nes (2023)
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Importers of Carpets of wool or fine hair, woven, made up, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$2.1M
Top Destination Growth (2022 -  2023)Australia$4M

Between 2022 and 2023, the exports of Carpets of wool or fine hair, woven, made up, nes grew the fastest in Germany ($2.1M), India ($1.71M), Guatemala ($748k), Italy ($748k), and Thailand ($586k).

Between 2022 and 2023, the fastest growing importers of Carpets of wool or fine hair, woven, made up, nes were Australia ($4M), Italy ($2.14M), France ($1.9M), United Kingdom ($937k), and Czechia ($762k).

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Exporters of Carpets of wool or fine hair, woven, made up, nes (2022 - 2023)

Importers of Carpets of wool or fine hair, woven, made up, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of wool or fine hair, woven, made up, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Carpets of wool or fine hair, woven, made up, nes are explained by 8 countries.

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Value of Exports in Carpets of wool or fine hair, woven, made up, nes

Net Trade

TOP NET EXPORTER (2023)India$64M
TOP NET IMPORTER (2023)United States$29.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of wool or fine hair, woven, made up, nes were India ($64M), Romania ($5.72M), Morocco ($4.54M), Sweden ($3.32M), and Guatemala ($1.75M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of wool or fine hair, woven, made up, nes were United States ($29.5M), Austria ($5.4M), France ($5.05M), Australia ($5.01M), and Netherlands ($4.82M).

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 wool or fine hair, woven, made up, nes.
It is possible to select the main countries that export or import Carpets of wool or fine hair, woven, made up, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carpets of wool or fine hair, woven, 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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