HS Code:
Pile or tufted construction (HS Code: 5703) refers to a category of textile floor coverings, including carpets and rugs, where loops or tufts of yarn are inserted into a backing material to create a textured surface. These products are widely used in residential, commercial, and industrial settings for aesthetic and functional purposes. This category includes both machine-made and handmade items, often made from materials like wool, nylon, polyester, or polypropylene. The global trade of pile or tufted constructions is influenced by factors such as consumer preferences, interior design trends, and raw material availability.
Total Trade Volume
USD 14.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.8 billion
19.3% of total trade of total trade
Increasing
USD 1.9 billion
13.1% of total trade of total trade
Increasing
USD 1.7 billion
11.7% of total trade of total trade
Stable
USD 1.2 billion
8.3% of total trade of total trade
Decreasing
USD 1.1 billion
7.6% of total trade of total trade
Stable
Average Rate
6.5% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Shift towards sustainable materials
Increased demand for eco-friendly carpets made from recycled materials or natural fibers like wool and jute, driving innovation in production processes.
2021-2023
Growth in e-commerce sales
Direct-to-consumer sales of carpets and rugs have surged, benefiting exporters with strong online presence and logistics networks.
2020-2022
Rising demand in emerging markets
Urbanization and rising disposable incomes in Asia and Africa are boosting demand for affordable tufted carpets.
2019-2023
Turkey introduced new export incentives for textile floor coverings to boost its global market share, including subsidies for manufacturers.
March 2023
Expected to further increase Turkey's dominance in the pile and tufted construction category, potentially affecting competitors like India and China.
The European Union implemented stricter regulations on the environmental impact of textile products, requiring detailed reporting on material sourcing and carbon footprint.
January 2023
May increase production costs for exporters to the EU, but also creates opportunities for sustainable producers to gain market share.
Continued tariffs on Chinese textile products by the United States have led to a shift in sourcing to other countries like India and Vietnam.
Ongoing since 2019, updated October 2022
Reduces China's market share in the US while benefiting other exporters in the short term.