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631090 (Harmonized System 1992 for 6-digit)

2023
World Trade $321MRnk 3280 / 4644
2023
Top Exporter | Top Importer $32.6M | $93.5MSouth Korea | India
2023
Product Complexity -0.9Rnk 3703 / 4656
2022 - 2023
Export Growth (CAGR) -2.07%Rnk 1768 / 4644
2023
Share of World Trade 0.0014%Rnk 3280 / 4644

About

Overview This page contains the latest trade data of Used or new rags textile material, not sorted. In 2023, Used or new rags textile material, not sorted were the world's 3280th most traded product, with a total trade of $321M. Between 2022 and 2023 the exports of Used or new rags textile material, not sorted decreased by -2.07%, from $328M to $321M. Trade in Used or new rags textile material, not sorted represent 0.0014% of total world trade.

Used or new rags textile material, not sorted are a part of Textile Scraps.

Exports In 2023 the top exporters of Used or new rags textile material, not sorted  were South Korea ($32.6M), United States ($30.6M), Pakistan ($28.9M), China ($26.1M), and India ($13.2M).

Imports In 2023 the top importers of Used or new rags textile material, not sorted were India ($93.5M), United States ($41.1M), Philippines ($15.7M), Dominican Republic ($15.5M), and Turkey ($14.1M).

Ranking Used or new rags textile material, not sorted ranks 3703rd in the Product Complexity Index (PCI).

Description Used rags are usually used in the home, while new rags are used in the textile industry.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Used or new rags textile material, not sorted. 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)South Korea$32.6M
Top Destination (2023)India$93.5M

In 2023 Used or new rags textile material, not sorted were the world's 3280th most traded product (out of 4,644).

In 2023, the top exporters of Used or new rags textile material, not sorted were South Korea ($32.6M), United States ($30.6M), Pakistan ($28.9M), China ($26.1M), and India ($13.2M).

In 2023, the top importers of Used or new rags textile material, not sorted were India ($93.5M), United States ($41.1M), Philippines ($15.7M), Dominican Republic ($15.5M), and Turkey ($14.1M).

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Exporters of Used or new rags textile material, not sorted (2023)
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Importers of Used or new rags textile material, not sorted (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$29.7M
Top Destination Growth (2022 -  2023)India$14.3M

Between 2022 and 2023, the exports of Used or new rags textile material, not sorted grew the fastest in South Korea ($29.7M), Hong Kong ($6.07M), China ($5.92M), Japan ($5.86M), and France ($3.09M).

Between 2022 and 2023, the fastest growing importers of Used or new rags textile material, not sorted were India ($14.3M), Philippines ($10.3M), Dominican Republic ($3.18M), Romania ($2.82M), and Pakistan ($1.64M).

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Exporters of Used or new rags textile material, not sorted (2022 - 2023)

Importers of Used or new rags textile material, not sorted (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Used or new rags textile material, not sorted.

In 2023, market concentration measured using Shannon Entropy, was 4.96. This means that most of the exports of Used or new rags textile material, not sorted are explained by 31 countries.

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Value of Exports in Used or new rags textile material, not sorted

Net Trade

TOP NET EXPORTER (2023)South Korea$31.1M
TOP NET IMPORTER (2023)India$80.3M

This map shows which countries export or import more of Used or new rags textile material, not sorted. Each country is colored based on the difference in exports and imports of Used or new rags textile material, not sorted during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Used or new rags textile material, not sorted were South Korea ($31.1M), Pakistan ($26.3M), China ($25.6M), Honduras ($10.2M), and Poland ($7.37M).

In 2023, the countries that had a largest trade value in imports than in exports of Used or new rags textile material, not sorted were India ($80.3M), Philippines ($13.8M), United States ($10.5M), Turkey ($9.65M), and Dominican Republic ($9.63M).

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 Used or new rags textile material, not sorted.
It is possible to select the main countries that export or import Used or new rags textile material, not sorted in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Used or new rags textile material, not sorted 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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