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Velvet, plush and chenille fabric: top exporters and importers (2024)

In 2024, world trade in velvet, plush and chenille fabric totaled $2.3 billion (289 thousand tonnes). China accounted for 57% of exports, followed by Turkey (7%) and Italy (6%); the top importers were the United States (11%), Vietnam (11%) and Poland (6%). Compared with 2019, the value rose 2%.

Summary

World trade
$2.3billion
Tonnes
289thousand tonnes
Price per tonne
$7,931
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.3 billion · 56.7%
  2. Turkey$150 million · 6.5%
  3. Italy$146 million · 6.4%
  4. Germany$83 million · 3.6%
  5. India$73 million · 3.2%
  6. Belgium$66 million · 2.9%
    re-exports
  7. Spain$55 million · 2.4%
  8. United Kingdom$50 million · 2.2%
  9. Netherlands$41 million · 1.8%
    re-exports
  10. Poland$37 million · 1.6%
  11. Portugal$37 million · 1.6%
  12. South Korea$37 million · 1.6%
  13. United States$36 million · 1.6%
  14. France$34 million · 1.5%
  15. Japan$16 million · 0.7%
  16. Austria$15 million · 0.67%
  17. Czechia$14 million · 0.62%
  18. Lithuania$13 million · 0.57%
  19. Romania$11 million · 0.49%
  20. Pakistan$8 million · 0.36%

Top importers

  1. United States$261 million · 11.4%
  2. Vietnam$251 million · 10.9%
  3. Poland$143 million · 6.2%
  4. United Kingdom$134 million · 5.8%
  5. Bangladesh$124 million · 5.4%
  6. Italy$81 million · 3.5%
  7. Pakistan$75 million · 3.3%
  8. Germany$63 million · 2.7%
  9. United Arab Emirates$53 million · 2.3%
  10. France$50 million · 2.2%
  11. Czechia$49 million · 2.1%
  12. Morocco$44 million · 1.9%
  13. Netherlands$40 million · 1.7%
    re-exports
  14. China$39 million · 1.7%
  15. Spain$39 million · 1.7%
  16. Turkey$38 million · 1.7%
  17. Russia$36 million · 1.6%
  18. Mexico$33 million · 1.5%
  19. Romania$33 million · 1.4%
  20. Canada$30 million · 1.3%

Trend

Who sells it

China was the top exporter throughout the period

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

  • China 1.3
  • Turkey 0.15
  • Italy 0.15
  • Germany 0.08
  • India 0.07

Source: CEPII BACI

Show the numbers
Country19952024
China0.321.3
Turkey0.040.15
Italy0.090.15
Germany0.220.08
India0.010.07

Price

Implied price

The price per tonne fell 36% since 1995

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

  • 2024: $7,931

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$12,484
1996$12,026
1997$10,867
1998$10,078
1999$9,185
2000$8,827
2001$7,206
2002$7,949
2003$8,051
2004$7,992
2005$8,505
2006$9,169
2007$10,905
2008$11,356
2009$10,628
2010$8,334
2011$9,115
2012$8,637
2013$8,973
2014$8,497
2015$8,070
2016$7,330
2017$9,009
2018$9,535
2019$8,745
2020$7,690
2021$7,296
2022$7,847
2023$7,661
2024$7,931

What it includes

  • 5801 · Velvet, plush and chenille fabric

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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