HS Code:
Wall hangings of jute, classified under HS Code 6304.99 (other furnishing articles, excluding those of heading 9404), are decorative items made primarily from jute fiber. These products are often handcrafted and used for home decor, reflecting sustainable and eco-friendly design trends. Jute wall hangings are popular in markets valuing natural and rustic aesthetics, with significant trade driven by artisanal production in developing countries.
Total Trade Volume
Approximately USD 15 million
Data from 2022
Source
International Trade Centre (ITC) Trade Map
USD 8 million
53.3% of total trade of total trade
Increasing
USD 3.5 million
23.3% of total trade of total trade
Stable
USD 1.2 million
8.0% of total trade of total trade
Increasing
USD 0.8 million
5.3% of total trade of total trade
Stable
USD 0.5 million
3.3% of total trade of total trade
Decreasing
Average Rate
8.5% ad valorem
Highest Rate
12% (applied by certain EU countries for non-preferential imports)
Lowest Rate
0% (under free trade agreements like RCEP for eligible countries)
Rising demand for sustainable decor
Increased exports from jute-producing countries as consumers prioritize eco-friendly materials
2021-2022
Growth in e-commerce platforms
Artisanal producers gain access to global markets, boosting small-scale exports
2020-2022
Shift towards minimalist and bohemian designs
Higher demand for handcrafted jute wall hangings in Western markets
2019-2022
The Indian government launched a scheme to promote jute products, offering subsidies to exporters of jute-based furnishings including wall hangings.
March 2023
Expected to increase India's market share by 10% in the next two years
New EU regulations under the Green Deal impose stricter sustainability certification for imported textile products, including jute wall hangings.
January 2023
Potential cost increase for exporters but improved market perception for certified products
Negotiations for reduced tariffs on Bangladeshi jute products in the US market are underway, potentially benefiting wall hanging exports.
September 2023
Could lead to a 15% rise in exports to the US if finalized