HS Code:
The category of Wilton (including Brussels) and velvet (including tapestry) floor coverings, classified under HS Code 5702, encompasses a range of woven carpets and textile floor coverings. These products are characterized by their intricate designs, durability, and premium quality, often used in residential and commercial settings for aesthetic and functional purposes. Wilton and Brussels carpets are known for their woven construction, where the pile is formed by loops or cut fibers, while velvet and tapestry floor coverings feature a softer, plush texture. This category also includes floor coverings of similar character or description, capturing a variety of high-quality woven rugs and carpets.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-US trade pacts)
Rising demand for sustainable materials
Increased production of eco-friendly carpets using recycled fibers and natural dyes, influencing consumer preferences in Europe and North America.
2021-2022
Growth in e-commerce for home decor
Boosted exports as online platforms facilitate access to global markets, especially for SMEs in Turkey and India.
2020-2022
Shift towards luxury and customized designs
Higher demand for premium Wilton and velvet carpets in high-income markets like the US and UAE, driving value over volume.
2019-2022
The European Union introduced stricter environmental regulations under the Green Deal, mandating sustainable sourcing and production practices for textile floor coverings.
January 2023
Increased production costs for non-compliant exporters but opened opportunities for eco-certified producers in Belgium and the Netherlands.
The United States reduced tariffs on Turkish woven carpets as part of a broader trade agreement, boosting Turkey's market share in North America.
March 2022
Enhanced competitiveness of Turkish exporters, potentially increasing trade volume by 10-15% in the next year.
The Indian government introduced subsidies and marketing support for handwoven and machine-made carpets to capture a larger share of the global market.
September 2022
Expected to drive a 20% increase in exports over the next two years, particularly in the budget and mid-range segments.