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Knitted plush and terry fabric: top exporters and importers (2024)

In 2024, world trade in knitted plush and terry fabric totaled $5.9 billion (1.4 million tonnes). China accounted for 80% of exports, followed by Malaysia (4%) and South Korea (2%); the top importers were Vietnam (17%), Bangladesh (9%) and Cambodia (8%). Compared with 2019, the value rose 23%.

Summary

World trade
$5.9billion
Tonnes
1.4million tonnes
Price per tonne
$4,396
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$4.8 billion · 80.4%
  2. Malaysia$213 million · 3.6%
  3. South Korea$142 million · 2.4%
  4. Taiwan$90 million · 1.5%
  5. Turkey$76 million · 1.3%
  6. Italy$70 million · 1.2%
  7. Germany$48 million · 0.81%
  8. Vietnam$43 million · 0.73%
  9. United States$42 million · 0.71%
  10. Singapore$41 million · 0.69%
    re-exports
  11. Egypt$31 million · 0.51%
  12. Spain$29 million · 0.49%
  13. Hong Kong$27 million · 0.45%
    re-exports
  14. Poland$26 million · 0.44%
  15. Thailand$26 million · 0.44%
  16. India$24 million · 0.4%
  17. Indonesia$21 million · 0.36%
  18. United Kingdom$17 million · 0.29%
  19. Netherlands$16 million · 0.27%
    re-exports
  20. Japan$14 million · 0.23%

Top importers

  1. Vietnam$997 million · 16.8%
  2. Bangladesh$520 million · 8.8%
  3. Cambodia$503 million · 8.5%
  4. Indonesia$248 million · 4.2%
  5. Morocco$193 million · 3.2%
  6. Russia$192 million · 3.2%
  7. Brazil$186 million · 3.1%
  8. Egypt$176 million · 3%
  9. India$175 million · 2.9%
  10. Turkey$170 million · 2.9%
  11. Pakistan$160 million · 2.7%
  12. United States$152 million · 2.6%
  13. Jordan$142 million · 2.4%
  14. Mexico$127 million · 2.1%
  15. South Africa$99 million · 1.7%
  16. Myanmar$97 million · 1.6%
  17. Algeria$87 million · 1.5%
  18. Poland$78 million · 1.3%
  19. Colombia$73 million · 1.2%
  20. China$67 million · 1.1%

Trend

Who sells it

China has been the top exporter since 2004

Value in USD billions. The five largest exporters in 2024.

  • China 4.8
  • Malaysia 0.21
  • South Korea 0.14
  • Taiwan 0.09
  • Turkey 0.08

Source: CEPII BACI

Show the numbers
Country19952024
China0.064.8
Malaysia0.070.21
South Korea0.30.14
Taiwan0.340.09
Turkey0.010.08

Price

Implied price

The price per tonne fell 43% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $4,396

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$7,715
1996$8,067
1997$6,856
1998$7,411
1999$6,805
2000$6,306
2001$5,941
2002$5,936
2003$5,010
2004$5,939
2005$6,193
2006$6,214
2007$7,017
2008$6,750
2009$7,375
2010$6,234
2011$6,440
2012$6,212
2013$6,700
2014$6,675
2015$6,364
2016$6,069
2017$5,765
2018$5,823
2019$5,592
2020$5,092
2021$5,279
2022$5,125
2023$4,820
2024$4,396

What it includes

  • 6001 · Knitted plush and terry fabric

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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