580620 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Woven fabric, elasticised, < 30 cm wide. In 2022, Woven fabric, elasticised, < 30 cm wide were the world's 1908th most traded product, with a total trade of $1.29B. Between 2021 and 2022 the exports of Woven fabric, elasticised, < 30 cm wide decreased by -6.44%, from $1.38B to $1.29B. Trade in Woven fabric, elasticised, < 30 cm wide represent 0.0055% of total world trade.

Woven fabric, elasticised, < 30 cm wide are a part of Narrow Woven Fabric.

Exports In 2022 the top exporters of Woven fabric, elasticised, < 30 cm wide  were China ($617M), Hong Kong ($112M), Italy ($64.7M), Chinese Taipei ($49.4M), and Vietnam ($43.5M).

Imports In 2022 the top importers of Woven fabric, elasticised, < 30 cm wide were Hong Kong ($159M), Bangladesh ($127M), Vietnam ($123M), Sri Lanka ($82.1M), and Indonesia ($62.5M).

Ranking Woven fabric, elasticised, < 30 cm wide ranks 3217th in the Product Complexity Index (PCI).

Description Woven fabric is most often used as a backing fabric, and is used for clothing, bedding, and other household items. Elasticized fabric is often used to make children's clothing.

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Woven fabric, elasticised, < 30 cm wide. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)China$617M
Top Destination (2022)Hong Kong$159M

In 2022 Woven fabric, elasticised, < 30 cm wide were the world's 1908th most traded product (out of 4,648).

In 2022, the top exporters of Woven fabric, elasticised, < 30 cm wide were China ($617M), Hong Kong ($112M), Italy ($64.7M), Chinese Taipei ($49.4M), and Vietnam ($43.5M).

In 2022, the top importers of Woven fabric, elasticised, < 30 cm wide were Hong Kong ($159M), Bangladesh ($127M), Vietnam ($123M), Sri Lanka ($82.1M), and Indonesia ($62.5M).

Explore Visualizations

Exporters of Woven fabric, elasticised, < 30 cm wide (2022)
[Click to Select a Country]

Importers of Woven fabric, elasticised, < 30 cm wide (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$3.59M
Top Destination Growth (2021 -  2022)Singapore$12.8M

Between 2021 and 2022, the exports of Woven fabric, elasticised, < 30 cm wide grew the fastest in Belgium ($3.59M), South Korea ($914k), Bangladesh ($813k), Spain ($742k), and Burma ($654k).

Between 2021 and 2022, the fastest growing importers of Woven fabric, elasticised, < 30 cm wide were Singapore ($12.8M), Burma ($10.2M), Philippines ($6.46M), Indonesia ($5.47M), and Malaysia ($4.95M).

Explore Visualizations

Exporters of Woven fabric, elasticised, < 30 cm wide (2021 - 2022)

Importers of Woven fabric, elasticised, < 30 cm wide (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Woven fabric, elasticised, < 30 cm wide.

In 2022, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Woven fabric, elasticised, < 30 cm wide are explained by 10 countries.

Explore Visualizations

Value of Exports in Woven fabric, elasticised, < 30 cm wide

Net Trade

TOP NET EXPORTER (2022)China$593M
TOP NET IMPORTER (2022)Bangladesh$126M

This map shows which countries export or import more of Woven fabric, elasticised, < 30 cm wide. Each country is colored based on the difference in exports and imports of Woven fabric, elasticised, < 30 cm wide during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Woven fabric, elasticised, < 30 cm wide were China ($593M), Italy ($55.1M), Chinese Taipei ($44.9M), Turkey ($22M), and South Korea ($16.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Woven fabric, elasticised, < 30 cm wide were Bangladesh ($126M), Vietnam ($79.3M), Cambodia ($56.6M), Hong Kong ($47.1M), and Sri Lanka ($46.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Woven fabric, elasticised, < 30 cm wide.
It is possible to select the main countries that export or import Woven fabric, elasticised, < 30 cm wide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Woven fabric, elasticised, < 30 cm wide 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 (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with