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Carpets and other textile floor coverings; woven, (not tufted or flocked), whether or not made up, including kelem, schumacks, karamanie and similar hand-woven rugs

5702 (Harmonized System 1992 for 4-digit)

2023
World Trade $5.51BRnk 507 / 1217
2023
Top Exporter | Top Importer $2.28B | $1.65BTurkey | United States
2023
Product Complexity -0.9Rnk 830 / 1044
2022 - 2023
Export Growth (CAGR) -8.56%Rnk 697 / 1217
2023
Share of World Trade 0.024%Rnk 507 / 1217

About

Overview This page contains the latest trade data of Hand-Woven Rugs. In 2023, Hand-Woven Rugs were the world's 507th most traded product, with a total trade of $5.51B. Between 2022 and 2023 the exports of Hand-Woven Rugs decreased by -8.56%, from $6.03B to $5.51B. Trade in Hand-Woven Rugs represent 0.024% of total world trade.

Hand-Woven Rugs are a part of Carpets & textile floor covers. They include Carpets of manmade yarn, woven pile, made up,nes, Carpets of manmade yarn, woven, made up, nes, Carpets of wool or hair, woven pile, not made up, nes, Carpets of wool or hair, woven pile, made up, nes, Carpets of yarn nes, woven, made up, nes, Carpets of manmade yarn, woven pile, not made up, nes, Carpets of yarn nes, woven pile, made up, nes, Hand made rugs including Kelem,Schumacks,Karamanie,et, Carpets of yarn nes, woven, not made up, nes, and Floor coverings of coconut fibres (coir), among others.

Exports In 2023 the top exporters of Hand-Woven Rugs  were Turkey ($2.28B), India ($872M), China ($613M), Egypt ($360M), and Belgium ($275M).

Imports In 2023 the top importers of Hand-Woven Rugs were United States ($1.65B), Germany ($379M), Saudi Arabia ($306M), United Kingdom ($218M), and Iraq ($174M).

Ranking Hand-Woven Rugs ranks 830th in the Product Complexity Index (PCI).

Description Carpets are used to cover floors in buildings. Carpet is made from a variety of materials, including wool, cotton, nylon, polyester, and polypropylene. Carpets can also be used in the production of clothing and automobile upholstery.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hand-Woven Rugs. 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)Turkey$2.28B
Top Destination (2023)United States$1.65B

In 2023 Hand-Woven Rugs were the world's 507th most traded product (out of 1,217).

In 2023, the top exporters of Hand-Woven Rugs were Turkey ($2.28B), India ($872M), China ($613M), Egypt ($360M), and Belgium ($275M).

In 2023, the top importers of Hand-Woven Rugs were United States ($1.65B), Germany ($379M), Saudi Arabia ($306M), United Kingdom ($218M), and Iraq ($174M).

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Exporters of Hand-Woven Rugs (2023)
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Importers of Hand-Woven Rugs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$76.4M
Top Destination Growth (2022 -  2023)Italy$10.7M

Between 2022 and 2023, the exports of Hand-Woven Rugs grew the fastest in China ($76.4M), Egypt ($25M), Ireland ($12.4M), Netherlands ($11.4M), and United Kingdom ($10.9M).

Between 2022 and 2023, the fastest growing importers of Hand-Woven Rugs were Italy ($10.7M), Iran ($9.84M), Netherlands ($9.12M), Ireland ($7.16M), and Belarus ($5.71M).

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Exporters of Hand-Woven Rugs (2022 - 2023)

Importers of Hand-Woven Rugs (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hand-Woven Rugs.

In 2023, market concentration measured using Shannon Entropy, was 3.27. This means that most of the exports of Hand-Woven Rugs are explained by 9 countries.

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Value of Exports in Hand-Woven Rugs

Net Trade

TOP NET EXPORTER (2023)Turkey$2.27B
TOP NET IMPORTER (2023)United States$1.61B

This map shows which countries export or import more of Hand-Woven Rugs. Each country is colored based on the difference in exports and imports of Hand-Woven Rugs during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hand-Woven Rugs were Turkey ($2.27B), India ($840M), China ($574M), Egypt ($356M), and Belgium ($214M).

In 2023, the countries that had a largest trade value in imports than in exports of Hand-Woven Rugs were United States ($1.61B), Saudi Arabia ($281M), Germany ($249M), Iraq ($174M), and United Kingdom ($167M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Hand-Woven Rugs, disaggragated by their HS6 level were Carpets of manmade yarn, woven pile,... ($3.1B), Carpets of manmade yarn, woven, made... ($467M), Carpets of wool or hair, woven... ($351M), Carpets of yarn nes, woven, made... ($349M), and Carpets of manmade yarn, woven pile,... ($326M)

HS6 Disaggregation for Hand-Woven Rugs (2023)
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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 Hand-Woven Rugs.
It is possible to select the main countries that export or import Hand-Woven Rugs in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hand-Woven Rugs by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $8.79M
TOP IMPORT POTENTIALIndia+ $2.35M

Hand-Woven Rugs’s highest export potential is France. With an export gap of $8.79M.  Hand-Woven Rugs’s highest import potential is India with an import gap of $2.35M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Hand-Woven Rugs.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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