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Carpets and other textile floor coverings

57 (Harmonized System 1992 for 2-digit)

2023
World Trade $16BRnk 78 / 96
2023
Top Exporter | Top Importer $3.09B | $3.51BChina | United States
2023
Product Complexity -0.19Rnk 49 / 96
2022 - 2023
Export Growth (CAGR) -4.72%Rnk 44 / 96
2023
Share of World Trade 0.071%Rnk 78 / 96

About

Overview This page contains the latest trade data of Carpets & textile floor covers. In 2023, Carpets & textile floor covers were the world's 78th most traded product, with a total trade of $16B. Between 2022 and 2023 the exports of Carpets & textile floor covers decreased by -4.72%, from $16.8B to $16B. Trade in Carpets & textile floor covers represent 0.071% of total world trade.

Carpets & textile floor covers are a part of Textiles. They include Tufted Carpets, Hand-Woven Rugs, Knotted Carpets, Other Carpets, and Felt Carpets.

Exports In 2023 the top exporters of Carpets & textile floor covers  were China ($3.09B), Turkey ($2.96B), India ($2.07B), Netherlands ($1.25B), and Belgium ($1.14B).

Imports In 2023 the top importers of Carpets & textile floor covers were United States ($3.51B), United Kingdom ($1.12B), Germany ($1.08B), Canada ($672M), and Saudi Arabia ($621M).

Ranking Carpets & textile floor covers ranks 49th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Carpets & textile floor covers. 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)China$3.09B
Top Destination (2023)United States$3.51B

In 2023 Carpets & textile floor covers were the world's 78th most traded product (out of 96).

In 2023, the top exporters of Carpets & textile floor covers were China ($3.09B), Turkey ($2.96B), India ($2.07B), Netherlands ($1.25B), and Belgium ($1.14B).

In 2023, the top importers of Carpets & textile floor covers were United States ($3.51B), United Kingdom ($1.12B), Germany ($1.08B), Canada ($672M), and Saudi Arabia ($621M).

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Exporters of Carpets & textile floor covers (2023)
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Importers of Carpets & textile floor covers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$84.1M
Top Destination Growth (2022 -  2023)Mexico$89.4M

Between 2022 and 2023, the exports of Carpets & textile floor covers grew the fastest in Netherlands ($84.1M), Mexico ($54.3M), South Korea ($43.9M), United Kingdom ($26.8M), and United States ($23.5M).

Between 2022 and 2023, the fastest growing importers of Carpets & textile floor covers were Mexico ($89.4M), Saudi Arabia ($44.1M), Czechia ($35M), Vietnam ($34.4M), and Poland ($17.5M).

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Exporters of Carpets & textile floor covers (2022 - 2023)

Importers of Carpets & textile floor covers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets & textile floor covers.

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Carpets & textile floor covers are explained by 17 countries.

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Value of Exports in Carpets & textile floor covers

Net Trade

TOP NET EXPORTER (2023)China$3B
TOP NET IMPORTER (2023)United States$2.88B

This map shows which countries export or import more of Carpets & textile floor covers. Each country is colored based on the difference in exports and imports of Carpets & textile floor covers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carpets & textile floor covers were China ($3B), Turkey ($2.87B), India ($1.9B), Belgium ($936M), and Netherlands ($791M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets & textile floor covers were United States ($2.88B), United Kingdom ($847M), Canada ($630M), Germany ($580M), and Saudi Arabia ($558M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Carpets & textile floor covers, disaggragated by their HS6 level were Tufted Carpets ($7.11B), Hand-Woven Rugs ($5.51B), Other Carpets ($1.79B), Knotted Carpets ($928M), and Felt Carpets ($660M)

HS6 Disaggregation for Carpets & textile floor covers (2023)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Carpets & textile floor covers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $33.3M
TOP IMPORT POTENTIALChina+ $37.7M

Carpets & textile floor covers’s highest export potential is Germany. With an export gap of $33.3M.  Carpets & textile floor covers’s highest import potential is China with an import gap of $37.7M.

See methodology.

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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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