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Textile furnishing articles nes, knit or crochet

630491 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.04BRnk 2063 / 4644
2023
Top Exporter | Top Importer $494M | $160MChina | United States
2023
Product Complexity -1.23Rnk 4036 / 4656
2022 - 2023
Export Growth (CAGR) -15.2%Rnk 3244 / 4644
2023
Share of World Trade 0.0046%Rnk 2063 / 4644

About

Overview This page contains the latest trade data of Textile furnishing articles, knit or crochet. In 2023, Textile furnishing articles, knit or crochet were the world's 2063rd most traded product, with a total trade of $1.04B. Between 2022 and 2023 the exports of Textile furnishing articles, knit or crochet decreased by -15.2%, from $1.23B to $1.04B. Trade in Textile furnishing articles, knit or crochet represent 0.0046% of total world trade.

Textile furnishing articles, knit or crochet are a part of Bedspreads.

Exports In 2023 the top exporters of Textile furnishing articles, knit or crochet  were China ($494M), India ($137M), Vietnam ($117M), Turkey ($40.1M), and Ukraine ($36.2M).

Imports In 2023 the top importers of Textile furnishing articles, knit or crochet were United States ($160M), Uganda ($61.6M), Japan ($46.7M), Denmark ($43.2M), and Ghana ($43M).

Ranking Textile furnishing articles, knit or crochet ranks 4036th in the Product Complexity Index (PCI).

Description Textile furnishing articles, knit or crochet can be used in decorating or in functional purposes. Examples of how they may be used include carpets, throws, pillows, and blankets.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Textile furnishing articles, knit or crochet. 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$494M
Top Destination (2023)United States$160M

In 2023 Textile furnishing articles, knit or crochet were the world's 2063rd most traded product (out of 4,644).

In 2023, the top exporters of Textile furnishing articles, knit or crochet were China ($494M), India ($137M), Vietnam ($117M), Turkey ($40.1M), and Ukraine ($36.2M).

In 2023, the top importers of Textile furnishing articles, knit or crochet were United States ($160M), Uganda ($61.6M), Japan ($46.7M), Denmark ($43.2M), and Ghana ($43M).

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Exporters of Textile furnishing articles, knit or crochet (2023)
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Importers of Textile furnishing articles, knit or crochet (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$6.86M
Top Destination Growth (2022 -  2023)Ghana$34.1M

Between 2022 and 2023, the exports of Textile furnishing articles, knit or crochet grew the fastest in Spain ($6.86M), Morocco ($4.47M), Thailand ($4.1M), Turkey ($3.61M), and United States ($2.46M).

Between 2022 and 2023, the fastest growing importers of Textile furnishing articles, knit or crochet were Ghana ($34.1M), Uganda ($27.9M), Pakistan ($18.3M), Kenya ($13.2M), and Liberia ($11.5M).

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Exporters of Textile furnishing articles, knit or crochet (2022 - 2023)

Importers of Textile furnishing articles, knit or crochet (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Textile furnishing articles, knit or crochet.

In 2023, market concentration measured using Shannon Entropy, was 3.03. This means that most of the exports of Textile furnishing articles, knit or crochet are explained by 8 countries.

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Value of Exports in Textile furnishing articles, knit or crochet

Net Trade

TOP NET EXPORTER (2023)China$493M
TOP NET IMPORTER (2023)United States$155M

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

In 2023, the countries that had a largest trade value in exports than in imports of Textile furnishing articles, knit or crochet were China ($493M), India ($124M), Vietnam ($113M), Turkey ($38.5M), and Ukraine ($35.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Textile furnishing articles, knit or crochet were United States ($155M), Uganda ($61.5M), Japan ($44.7M), Ghana ($43M), and Denmark ($41.2M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Textile furnishing articles, knit or crochet 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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