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560221 (Harmonized System 1992 for 6-digit)

2022
World Trade $89.8MRnk 4153 / 4648
2022
Top Exporter | Top Importer $22.6M | $20MGermany | United States
2022
Product Complexity 0.57Rnk 1511 / 4653
2021 - 2022
Export Growth (CAGR) -2.43%Rnk 3314 / 4648
2022
Share of World Trade 0.00038%Rnk 4153 / 4648

About

Overview This page contains the latest trade data of Felt not needleloom, wool/hair, not impregnated/coate. In 2022, Felt not needleloom, wool/hair, not impregnated/coate were the world's 4153rd most traded product, with a total trade of $89.8M. Between 2021 and 2022 the exports of Felt not needleloom, wool/hair, not impregnated/coate decreased by -2.43%, from $92M to $89.8M. Trade in Felt not needleloom, wool/hair, not impregnated/coate represent 0.00038% of total world trade.

Felt not needleloom, wool/hair, not impregnated/coate are a part of Felt.

Exports In 2022 the top exporters of Felt not needleloom, wool/hair, not impregnated/coate  were Germany ($22.6M), China ($13.8M), Spain ($8.5M), Italy ($7.3M), and India ($6.12M).

Imports In 2022 the top importers of Felt not needleloom, wool/hair, not impregnated/coate were United States ($20M), Germany ($7.55M), United Kingdom ($6.65M), Japan ($4.6M), and China ($3.66M).

Ranking Felt not needleloom, wool/hair, not impregnated/coate ranks 1511th in the Product Complexity Index (PCI).

Description Felt not needleloom, wool/hair, not impregnated/coated is typically used to make hats, slippers, and other fashion accessories.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Felt not needleloom, wool/hair, not impregnated/coate. 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)Germany$22.6M
Top Destination (2022)United States$20M

In 2022 Felt not needleloom, wool/hair, not impregnated/coate were the world's 4153rd most traded product (out of 4,648).

In 2022, the top exporters of Felt not needleloom, wool/hair, not impregnated/coate were Germany ($22.6M), China ($13.8M), Spain ($8.5M), Italy ($7.3M), and India ($6.12M).

In 2022, the top importers of Felt not needleloom, wool/hair, not impregnated/coate were United States ($20M), Germany ($7.55M), United Kingdom ($6.65M), Japan ($4.6M), and China ($3.66M).

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Exporters of Felt not needleloom, wool/hair, not impregnated/coate (2022)
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Importers of Felt not needleloom, wool/hair, not impregnated/coate (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$2.31M
Top Destination Growth (2021 -  2022)United Kingdom$2.86M

Between 2021 and 2022, the exports of Felt not needleloom, wool/hair, not impregnated/coate grew the fastest in China ($2.31M), Thailand ($1.58M), Italy ($1.14M), Uzbekistan ($556k), and Austria ($278k).

Between 2021 and 2022, the fastest growing importers of Felt not needleloom, wool/hair, not impregnated/coate were United Kingdom ($2.86M), Japan ($1.61M), Philippines ($1.04M), Turkey ($794k), and Kazakhstan ($457k).

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Exporters of Felt not needleloom, wool/hair, not impregnated/coate (2021 - 2022)

Importers of Felt not needleloom, wool/hair, not impregnated/coate (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Felt not needleloom, wool/hair, not impregnated/coate.

In 2022, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Felt not needleloom, wool/hair, not impregnated/coate are explained by 14 countries.

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Value of Exports in Felt not needleloom, wool/hair, not impregnated/coate

Net Trade

TOP NET EXPORTER (2022)Germany$15M
TOP NET IMPORTER (2022)United States$17.7M

This map shows which countries export or import more of Felt not needleloom, wool/hair, not impregnated/coate. Each country is colored based on the difference in exports and imports of Felt not needleloom, wool/hair, not impregnated/coate during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Felt not needleloom, wool/hair, not impregnated/coate were Germany ($15M), China ($10.1M), Spain ($7.89M), India ($5.4M), and Italy ($4.12M).

In 2022, the countries that had a largest trade value in imports than in exports of Felt not needleloom, wool/hair, not impregnated/coate were United States ($17.7M), United Kingdom ($5.3M), Poland ($2.11M), Turkey ($1.79M), and Philippines ($1.69M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Felt not needleloom, wool/hair, not impregnated/coate.
It is possible to select the main countries that export or import Felt not needleloom, wool/hair, not impregnated/coate in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Felt not needleloom, wool/hair, not impregnated/coate 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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