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Human hair, dressed, thinned, bleached or otherwise worked; wool or other animal hair or other textile materials, prepared for use in making wigs or the like

6703 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.53BRnk 832 / 1217
2023
Top Exporter | Top Importer $540M | $1.08BIndia | China
2023
Product Complexity -1.49Rnk 957 / 1044
2022 - 2023
Export Growth (CAGR) 22.1%Rnk 54 / 1217
2023
Share of World Trade 0.0068%Rnk 832 / 1217

About

Overview This page contains the latest trade data of Processed Hair. In 2023, Processed Hair were the world's 832nd most traded product, with a total trade of $1.53B. Between 2022 and 2023 the exports of Processed Hair grew by 22.1%, from $1.25B to $1.53B. Trade in Processed Hair represent 0.0068% of total world trade.

Processed Hair are a part of Feather articles, feathers, artificial flowers, & articles of human hair. They include Worked human hair, wool or animal hair, for wig makin.

Exports In 2023 the top exporters of Processed Hair  were India ($540M), Burma ($514M), China ($243M), Bangladesh ($67.7M), and South Korea ($22.4M).

Imports In 2023 the top importers of Processed Hair were China ($1.08B), North Korea ($160M), United States ($23.7M), Indonesia ($22.8M), and Bangladesh ($22.6M).

Ranking Processed Hair ranks 957th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Processed Hair. 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)India$540M
Top Destination (2023)China$1.08B

In 2023 Processed Hair were the world's 832nd most traded product (out of 1,217).

In 2023, the top exporters of Processed Hair were India ($540M), Burma ($514M), China ($243M), Bangladesh ($67.7M), and South Korea ($22.4M).

In 2023, the top importers of Processed Hair were China ($1.08B), North Korea ($160M), United States ($23.7M), Indonesia ($22.8M), and Bangladesh ($22.6M).

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Exporters of Processed Hair (2023)
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Importers of Processed Hair (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$138M
Top Destination Growth (2022 -  2023)China$175M

Between 2022 and 2023, the exports of Processed Hair grew the fastest in China ($138M), Burma ($89.9M), India ($67M), Hong Kong ($4.47M), and Austria ($2.33M).

Between 2022 and 2023, the fastest growing importers of Processed Hair were China ($175M), North Korea ($153M), United Kingdom ($6.94M), Germany ($6.35M), and Vietnam ($4.06M).

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Exporters of Processed Hair (2022 - 2023)

Importers of Processed Hair (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Processed Hair.

In 2023, market concentration measured using Shannon Entropy, was 2.5. This means that most of the exports of Processed Hair are explained by 5 countries.

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Value of Exports in Processed Hair

Net Trade

TOP NET EXPORTER (2023)India$540M
TOP NET IMPORTER (2023)China$838M

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

In 2023, the countries that had a largest trade value in exports than in imports of Processed Hair were India ($540M), Burma ($513M), Bangladesh ($45.1M), South Korea ($17.8M), and Japan ($11.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Processed Hair were China ($838M), North Korea ($160M), United Kingdom ($20.1M), Vietnam ($17.4M), and Germany ($15.9M).

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 Processed Hair.
It is possible to select the main countries that export or import Processed Hair in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Processed Hair by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $6.81M
TOP IMPORT POTENTIALChina+ $775k

Processed Hair’s highest export potential is China. With an export gap of $6.81M.  Processed Hair’s highest import potential is China with an import gap of $775k.

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 Processed Hair 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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