Wigs, false beards, eyebrows and eyelashes, switches and the like, of human or animal hair or of textile materials; articles of human hair, n.e.c. or included

6704 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Fake Hair. In 2022, Fake Hair were the world's 570th most traded product, with a total trade of $4.76B. Between 2021 and 2022 the exports of Fake Hair grew by 5.4%, from $4.51B to $4.76B. Trade in Fake Hair represent 0.02% of total world trade.

Fake Hair are a part of Feather articles, feathers, artificial flowers, & articles of human hair. They include Wigs, false beards, eyebrows etc, of human hair, False beard, eyebrows etc, synthetic textile material, Complete wigs of synthetic textile materials, and Wigs, false beards, eyebrows etc, of other materials.

Exports In 2022 the top exporters of Fake Hair  were China ($3.28B), Indonesia ($482M), Bangladesh ($186M), Germany ($83.1M), and Senegal ($74.1M).

Imports In 2022 the top importers of Fake Hair were United States ($2.01B), Nigeria ($461M), South Africa ($226M), United Kingdom ($198M), and Ghana ($173M).

Ranking Fake Hair ranks 1017th in the Product Complexity Index (PCI).

Description Wigs are used to cover bald spots, and can be made from a variety of materials. False beards and eyebrows are used to make it look like someone has facial hair. Eyelashes are used to make it look like someone is wearing eyeliner.

Latest Data

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The following visualization shows the latest trends on Fake Hair. 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)China$3.28B
Top Destination (2022)United States$2.01B

In 2022 Fake Hair were the world's 570th most traded product (out of 1,218).

In 2022, the top exporters of Fake Hair were China ($3.28B), Indonesia ($482M), Bangladesh ($186M), Germany ($83.1M), and Senegal ($74.1M).

In 2022, the top importers of Fake Hair were United States ($2.01B), Nigeria ($461M), South Africa ($226M), United Kingdom ($198M), and Ghana ($173M).

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Exporters of Fake Hair (2022)
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Importers of Fake Hair (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$121M
Top Destination Growth (2021 -  2022)Nigeria$55.3M

Between 2021 and 2022, the exports of Fake Hair grew the fastest in China ($121M), Indonesia ($51.7M), Bangladesh ($17.7M), Vietnam ($16.8M), and North Korea ($11.2M).

Between 2021 and 2022, the fastest growing importers of Fake Hair were Nigeria ($55.3M), South Africa ($34.8M), Germany ($29.2M), United Kingdom ($21.3M), and Japan ($20.1M).

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Exporters of Fake Hair (2021 - 2022)

Importers of Fake Hair (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fake Hair.

In 2022, market concentration measured using Shannon Entropy, was 2.16. This means that most of the exports of Fake Hair are explained by 4 countries.

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Value of Exports in Fake Hair

Net Trade

TOP NET EXPORTER (2022)China$3.24B
TOP NET IMPORTER (2022)United States$1.94B

This map shows which countries export or import more of Fake Hair. Each country is colored based on the difference in exports and imports of Fake Hair during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Fake Hair were China ($3.24B), Indonesia ($470M), Bangladesh ($171M), Senegal ($70.2M), and Vietnam ($57.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Fake Hair were United States ($1.94B), Nigeria ($444M), South Africa ($217M), Ghana ($171M), and United Kingdom ($166M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Fake Hair, disaggragated by their HS6 level were Wigs, false beards, eyebrows etc, of... ($2.24B), False beard, eyebrows etc, synthetic textile... ($1.51B), Complete wigs of synthetic textile materials ($564M), and Wigs, false beards, eyebrows etc, of... ($437M)

HS6 Disaggregation for Fake Hair (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Fake Hair by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $16.5M
TOP IMPORT POTENTIALBangladesh+ $3.74M

Fake Hair’s highest export potential is Japan. With an export gap of $16.5M.  Fake Hair’s highest import potential is Bangladesh with an import gap of $3.74M.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Fake Hair to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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