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600121 (Harmonized System 1992 for 6-digit)

2023
World Trade $295MRnk 3354 / 4644
2023
Top Exporter | Top Importer $126M | $50.7MChina | Jordan
2023
Product Complexity -0.51Rnk 3232 / 4656
2022 - 2023
Export Growth (CAGR) -25.8%Rnk 4051 / 4644
2023
Share of World Trade 0.0013%Rnk 3354 / 4644

About

Overview This page contains the latest trade data of Looped pile knit or crochet fabric, of cotton. In 2023, Looped pile knit or crochet fabric, of cotton were the world's 3354th most traded product, with a total trade of $295M. Between 2022 and 2023 the exports of Looped pile knit or crochet fabric, of cotton decreased by -25.8%, from $398M to $295M. Trade in Looped pile knit or crochet fabric, of cotton represent 0.0013% of total world trade.

Looped pile knit or crochet fabric, of cotton are a part of Pile Fabric.

Exports In 2023 the top exporters of Looped pile knit or crochet fabric, of cotton  were China ($126M), Malaysia ($51.3M), Singapore ($50.6M), Vietnam ($11.6M), and Turkey ($8.04M).

Imports In 2023 the top importers of Looped pile knit or crochet fabric, of cotton were Jordan ($50.7M), Cambodia ($49.8M), Vietnam ($43.6M), Indonesia ($42.2M), and Bangladesh ($17.9M).

Ranking Looped pile knit or crochet fabric, of cotton ranks 3232nd in the Product Complexity Index (PCI).

Description Looped pile knits are used for sweaters, cushions, upholstery, and carpets. Most cotton is used in the production of clothing, sheets, towels, and tablecloths.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Looped pile knit or crochet fabric, of cotton. 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$126M
Top Destination (2023)Jordan$50.7M

In 2023 Looped pile knit or crochet fabric, of cotton were the world's 3354th most traded product (out of 4,644).

In 2023, the top exporters of Looped pile knit or crochet fabric, of cotton were China ($126M), Malaysia ($51.3M), Singapore ($50.6M), Vietnam ($11.6M), and Turkey ($8.04M).

In 2023, the top importers of Looped pile knit or crochet fabric, of cotton were Jordan ($50.7M), Cambodia ($49.8M), Vietnam ($43.6M), Indonesia ($42.2M), and Bangladesh ($17.9M).

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Exporters of Looped pile knit or crochet fabric, of cotton (2023)
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Importers of Looped pile knit or crochet fabric, of cotton (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$19.8M
Top Destination Growth (2022 -  2023)Cambodia$2.54M

Between 2022 and 2023, the exports of Looped pile knit or crochet fabric, of cotton grew the fastest in Singapore ($19.8M), Hong Kong ($2.78M), Russia ($737k), Chinese Taipei ($509k), and Cambodia ($347k).

Between 2022 and 2023, the fastest growing importers of Looped pile knit or crochet fabric, of cotton were Cambodia ($2.54M), Indonesia ($1.86M), Morocco ($1.51M), Hong Kong ($1.39M), and Ethiopia ($981k).

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Exporters of Looped pile knit or crochet fabric, of cotton (2022 - 2023)

Importers of Looped pile knit or crochet fabric, of cotton (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Looped pile knit or crochet fabric, of cotton.

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Looped pile knit or crochet fabric, of cotton are explained by 7 countries.

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Value of Exports in Looped pile knit or crochet fabric, of cotton

Net Trade

TOP NET EXPORTER (2023)China$120M
TOP NET IMPORTER (2023)Cambodia$49.3M

This map shows which countries export or import more of Looped pile knit or crochet fabric, of cotton. Each country is colored based on the difference in exports and imports of Looped pile knit or crochet fabric, of cotton during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Looped pile knit or crochet fabric, of cotton were China ($120M), Malaysia ($50.3M), Singapore ($44M), South Korea ($7.46M), and Turkey ($7.31M).

In 2023, the countries that had a largest trade value in imports than in exports of Looped pile knit or crochet fabric, of cotton were Cambodia ($49.3M), Indonesia ($40.7M), Vietnam ($32.1M), Bangladesh ($17.8M), and Guatemala ($9.57M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Looped pile knit or crochet fabric, of cotton 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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