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600129 (Harmonized System 1992 for 6-digit)

2023
World Trade $93.8MRnk 4084 / 4644
2023
Top Exporter | Top Importer $38.2M | $24.2MMalaysia | Indonesia
2023
Product Complexity 0.5Rnk 1671 / 4656
2022 - 2023
Export Growth (CAGR) -32.3%Rnk 4303 / 4644
2023
Share of World Trade 0.00042%Rnk 4084 / 4644

About

Overview This page contains the latest trade data of Loop pile knit/crochet fabric, natural yarn not cotto. In 2023, Loop pile knit/crochet fabric, natural yarn not cotto were the world's 4084th most traded product, with a total trade of $93.8M. Between 2022 and 2023 the exports of Loop pile knit/crochet fabric, natural yarn not cotto decreased by -32.3%, from $139M to $93.8M. Trade in Loop pile knit/crochet fabric, natural yarn not cotto represent 0.00042% of total world trade.

Loop pile knit/crochet fabric, natural yarn not cotto are a part of Pile Fabric.

Exports In 2023 the top exporters of Loop pile knit/crochet fabric, natural yarn not cotto  were Malaysia ($38.2M), China ($25.4M), Italy ($6.22M), Vietnam ($4.19M), and South Korea ($3.66M).

Imports In 2023 the top importers of Loop pile knit/crochet fabric, natural yarn not cotto were Indonesia ($24.2M), Cambodia ($19.2M), Singapore ($14.2M), Lebanon ($2.91M), and Thailand ($2.25M).

Ranking Loop pile knit/crochet fabric, natural yarn not cotto ranks 1671st in the Product Complexity Index (PCI).

Description Loop pile knit/crochet fabric, natural yarn not cotton, is often used as a home textile. It is typically designed to be brushed or stroked, so it is often used as a rug or carpet. It is often used in a variety of other home textiles as well, such as blankets, pillows, and clothing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Loop pile knit/crochet fabric, natural yarn not cotto. 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)Malaysia$38.2M
Top Destination (2023)Indonesia$24.2M

In 2023 Loop pile knit/crochet fabric, natural yarn not cotto were the world's 4084th most traded product (out of 4,644).

In 2023, the top exporters of Loop pile knit/crochet fabric, natural yarn not cotto were Malaysia ($38.2M), China ($25.4M), Italy ($6.22M), Vietnam ($4.19M), and South Korea ($3.66M).

In 2023, the top importers of Loop pile knit/crochet fabric, natural yarn not cotto were Indonesia ($24.2M), Cambodia ($19.2M), Singapore ($14.2M), Lebanon ($2.91M), and Thailand ($2.25M).

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Exporters of Loop pile knit/crochet fabric, natural yarn not cotto (2023)
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Importers of Loop pile knit/crochet fabric, natural yarn not cotto (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$2.29M
Top Destination Growth (2022 -  2023)Cambodia$2.88M

Between 2022 and 2023, the exports of Loop pile knit/crochet fabric, natural yarn not cotto grew the fastest in Vietnam ($2.29M), Italy ($1.13M), Lithuania ($204k), Bulgaria ($192k), and Denmark ($178k).

Between 2022 and 2023, the fastest growing importers of Loop pile knit/crochet fabric, natural yarn not cotto were Cambodia ($2.88M), Lebanon ($2.13M), Canada ($1.29M), Azerbaijan ($862k), and Burma ($539k).

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Exporters of Loop pile knit/crochet fabric, natural yarn not cotto (2022 - 2023)

Importers of Loop pile knit/crochet fabric, natural yarn not cotto (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Loop pile knit/crochet fabric, natural yarn not cotto.

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Loop pile knit/crochet fabric, natural yarn not cotto are explained by 7 countries.

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Value of Exports in Loop pile knit/crochet fabric, natural yarn not cotto

Net Trade

TOP NET EXPORTER (2023)Malaysia$36M
TOP NET IMPORTER (2023)Indonesia$23.9M

This map shows which countries export or import more of Loop pile knit/crochet fabric, natural yarn not cotto. Each country is colored based on the difference in exports and imports of Loop pile knit/crochet fabric, natural yarn not cotto during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Loop pile knit/crochet fabric, natural yarn not cotto were Malaysia ($36M), China ($25M), Italy ($5.05M), South Korea ($3.62M), and Chinese Taipei ($3.18M).

In 2023, the countries that had a largest trade value in imports than in exports of Loop pile knit/crochet fabric, natural yarn not cotto were Indonesia ($23.9M), Cambodia ($19.2M), Singapore ($13.9M), Lebanon ($2.77M), and Thailand ($2.24M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Loop pile knit/crochet fabric, natural yarn not cotto.
It is possible to select the main countries that export or import Loop pile knit/crochet fabric, natural yarn not cotto in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Loop pile knit/crochet fabric, natural yarn not cotto 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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