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Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles

5808 (Harmonized System 1992 for 4-digit)

2023
World Trade $415MRnk 1068 / 1217
2023
Top Exporter | Top Importer $157M | $44.2MChina | United States
2023
Product Complexity 0.1Rnk 535 / 1044
2022 - 2023
Export Growth (CAGR) -25.6%Rnk 1116 / 1217
2023
Share of World Trade 0.0018%Rnk 1068 / 1217

About

Overview This page contains the latest trade data of Ornamental Trimmings. In 2023, Ornamental Trimmings were the world's 1068th most traded product, with a total trade of $415M. Between 2022 and 2023 the exports of Ornamental Trimmings decreased by -25.6%, from $558M to $415M. Trade in Ornamental Trimmings represent 0.0018% of total world trade.

Ornamental Trimmings are a part of Special woven fabrics and tapestries. They include Ornamental trimmings in the piece and Braids in the piece.

Exports In 2023 the top exporters of Ornamental Trimmings  were China ($157M), Germany ($33.7M), France ($26.9M), Chinese Taipei ($21.4M), and United States ($18.4M).

Imports In 2023 the top importers of Ornamental Trimmings were United States ($44.2M), Vietnam ($30.2M), Germany ($19.7M), India ($18.1M), and France ($16.5M).

Ranking Ornamental Trimmings ranks 535th in the Product Complexity Index (PCI).

Description Braids are used to make things like ropes, cords, and belts. Braids can be made from a variety of materials, including polyester, nylon, polypropylene, and polyethylene. Ornamental trimmings are used to decorate clothing or other products. Trimmings can be made from a variety of materials, including polyester, nylon, polypropylene, and polyethylene. Tassels are used to decorate the ends of products like hats or scarves. Tassels can be made from a variety of materials, including cotton thread and silk thread.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ornamental Trimmings. 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$157M
Top Destination (2023)United States$44.2M

In 2023 Ornamental Trimmings were the world's 1068th most traded product (out of 1,217).

In 2023, the top exporters of Ornamental Trimmings were China ($157M), Germany ($33.7M), France ($26.9M), Chinese Taipei ($21.4M), and United States ($18.4M).

In 2023, the top importers of Ornamental Trimmings were United States ($44.2M), Vietnam ($30.2M), Germany ($19.7M), India ($18.1M), and France ($16.5M).

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Exporters of Ornamental Trimmings (2023)
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Importers of Ornamental Trimmings (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$2.3M
Top Destination Growth (2022 -  2023)Belarus$1.71M

Between 2022 and 2023, the exports of Ornamental Trimmings grew the fastest in France ($2.3M), Italy ($777k), Czechia ($717k), North Macedonia ($631k), and Finland ($622k).

Between 2022 and 2023, the fastest growing importers of Ornamental Trimmings were Belarus ($1.71M), Thailand ($1.22M), Canada ($1.07M), Tajikistan ($1.06M), and Saudi Arabia ($1.02M).

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Exporters of Ornamental Trimmings (2022 - 2023)

Importers of Ornamental Trimmings (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ornamental Trimmings.

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Ornamental Trimmings are explained by 15 countries.

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Value of Exports in Ornamental Trimmings

Net Trade

TOP NET EXPORTER (2023)China$149M
TOP NET IMPORTER (2023)United States$25.8M

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

In 2023, the countries that had a largest trade value in exports than in imports of Ornamental Trimmings were China ($149M), Chinese Taipei ($20.8M), Germany ($14M), France ($10.4M), and Italy ($9.43M).

In 2023, the countries that had a largest trade value in imports than in exports of Ornamental Trimmings were United States ($25.8M), Vietnam ($22.3M), Cambodia ($15.2M), Indonesia ($10.7M), and Bangladesh ($8.79M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Ornamental Trimmings by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $4.73M
TOP IMPORT POTENTIALGermany+ $349k

Ornamental Trimmings’s highest export potential is India. With an export gap of $4.73M.  Ornamental Trimmings’s highest import potential is Germany with an import gap of $349k.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Ornamental Trimmings 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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