Carpets and other textile floor coverings; n.e.c. in chapter 57, whether or not made up

5705 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Other Carpets. In 2022, Other Carpets were the world's 739th most traded product, with a total trade of $2.39B. Between 2021 and 2022 the exports of Other Carpets grew by 3.33%, from $2.32B to $2.39B. Trade in Other Carpets represent 0.01% of total world trade.

Other Carpets are a part of Carpets & textile floor covers. They include Carpets and textile floor coverings, nes.

Exports In 2022 the top exporters of Other Carpets  were China ($1.48B), India ($294M), Netherlands ($55.6M), United States ($51.9M), and United Kingdom ($50.2M).

Imports In 2022 the top importers of Other Carpets were United States ($312M), Japan ($173M), Iraq ($171M), Saudi Arabia ($159M), and Malaysia ($117M).

Ranking Other Carpets ranks 776th in the Product Complexity Index (PCI).

Description -

Latest Data

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The following visualization shows the latest trends on Other Carpets. 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)China$1.48B
Top Destination (2022)United States$312M

In 2022 Other Carpets were the world's 739th most traded product (out of 1,218).

In 2022, the top exporters of Other Carpets were China ($1.48B), India ($294M), Netherlands ($55.6M), United States ($51.9M), and United Kingdom ($50.2M).

In 2022, the top importers of Other Carpets were United States ($312M), Japan ($173M), Iraq ($171M), Saudi Arabia ($159M), and Malaysia ($117M).

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Exporters of Other Carpets (2022)
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Importers of Other Carpets (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$193M
Top Destination Growth (2021 -  2022)Saudi Arabia$67.7M

Between 2021 and 2022, the exports of Other Carpets grew the fastest in China ($193M), Uzbekistan ($11.2M), Jordan ($10.9M), Germany ($4.69M), and United States ($4.37M).

Between 2021 and 2022, the fastest growing importers of Other Carpets were Saudi Arabia ($67.7M), Iraq ($57M), Indonesia ($14.5M), Thailand ($14M), and Singapore ($12.9M).

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Exporters of Other Carpets (2021 - 2022)

Importers of Other Carpets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Carpets.

In 2022, market concentration measured using Shannon Entropy, was 2.57. This means that most of the exports of Other Carpets are explained by 5 countries.

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Value of Exports in Other Carpets

Net Trade

TOP NET EXPORTER (2022)China$1.47B
TOP NET IMPORTER (2022)United States$261M

This map shows which countries export or import more of Other Carpets. Each country is colored based on the difference in exports and imports of Other Carpets during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other Carpets were China ($1.47B), India ($274M), Egypt ($31.6M), Jordan ($26M), and Turkey ($25.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Carpets were United States ($261M), Japan ($171M), Iraq ($171M), Saudi Arabia ($156M), and Malaysia ($116M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Other Carpets by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $6.96M
TOP IMPORT POTENTIALIndia+ $2.43M

Other Carpets’s highest export potential is Russia. With an export gap of $6.96M.  Other Carpets’s highest import potential is India with an import gap of $2.43M.

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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 (2022)

Country by Relatedness

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

Relative Relatedness by Country (2022)

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