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Rags; used or new, scrap twine, cordage, rope and cables and worn out articles of twine, cordage, rope or cables, of textile materials

6310 (Harmonized System 1992 for 4-digit)

2023
World Trade $757MRnk 974 / 1217
2023
Top Exporter | Top Importer $133M | $229MBangladesh | India
2023
Product Complexity -0.82Rnk 809 / 1044
2022 - 2023
Export Growth (CAGR) -8.65%Rnk 700 / 1217
2023
Share of World Trade 0.0034%Rnk 974 / 1217

About

Overview This page contains the latest trade data of Textile Scraps. In 2023, Textile Scraps were the world's 974th most traded product, with a total trade of $757M. Between 2022 and 2023 the exports of Textile Scraps decreased by -8.65%, from $829M to $757M. Trade in Textile Scraps represent 0.0034% of total world trade.

Textile Scraps are a part of Used clothes & textile articles. They include Used or new rags textile material, sorted and Used or new rags textile material, not sorted.

Exports In 2023 the top exporters of Textile Scraps  were Bangladesh ($133M), United States ($63.2M), Pakistan ($54.5M), China ($49.2M), and India ($36M).

Imports In 2023 the top importers of Textile Scraps were India ($229M), United States ($86M), Italy ($28M), Netherlands ($26.2M), and Germany ($22.6M).

Ranking Textile Scraps ranks 809th in the Product Complexity Index (PCI).

Description Used or new rags are used to clean up after doing work. They can be made from a variety of materials, including cotton, wool, silk, and polyester.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Textile Scraps. 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)Bangladesh$133M
Top Destination (2023)India$229M

In 2023 Textile Scraps were the world's 974th most traded product (out of 1,217).

In 2023, the top exporters of Textile Scraps were Bangladesh ($133M), United States ($63.2M), Pakistan ($54.5M), China ($49.2M), and India ($36M).

In 2023, the top importers of Textile Scraps were India ($229M), United States ($86M), Italy ($28M), Netherlands ($26.2M), and Germany ($22.6M).

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Exporters of Textile Scraps (2023)
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Importers of Textile Scraps (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$28.2M
Top Destination Growth (2022 -  2023)Philippines$10.4M

Between 2022 and 2023, the exports of Textile Scraps grew the fastest in South Korea ($28.2M), India ($9.32M), China ($8.75M), Hong Kong ($5.99M), and Japan ($5.32M).

Between 2022 and 2023, the fastest growing importers of Textile Scraps were Philippines ($10.4M), Italy ($7.91M), Romania ($3.43M), Chile ($1.93M), and South Korea ($1.87M).

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Exporters of Textile Scraps (2022 - 2023)

Importers of Textile Scraps (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Textile Scraps.

In 2023, market concentration measured using Shannon Entropy, was 4.83. This means that most of the exports of Textile Scraps are explained by 28 countries.

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Value of Exports in Textile Scraps

Net Trade

TOP NET EXPORTER (2023)Bangladesh$133M
TOP NET IMPORTER (2023)India$193M

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

In 2023, the countries that had a largest trade value in exports than in imports of Textile Scraps were Bangladesh ($133M), Pakistan ($50.5M), China ($48.4M), South Korea ($30.6M), and Honduras ($29.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Textile Scraps were India ($193M), United States ($22.8M), Spain ($15M), Philippines ($14.5M), and Japan ($11.6M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Textile Scraps, disaggragated by their HS6 level were Used or new rags textile material,... ($436M) and Used or new rags textile material,... ($321M)

HS6 Disaggregation for Textile Scraps (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Textile Scraps by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $3.85M
TOP IMPORT POTENTIALChina+ $29.3k

Textile Scraps’s highest export potential is United States. With an export gap of $3.85M.  Textile Scraps’s highest import potential is China with an import gap of $29.3k.

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 Textile Scraps 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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