Top Importers for Blankets and Travelling Rugs from India (HS Code 6301)

India’s Export (2016-22) Growth Rate for Blankets and Travelling Rugs (HS Code 6301)

Market Share (2022) for Importers of Blankets and Travelling Rugs from India (HS CODE 6301)

Overview:

India’s exports of blankets and travelling rugs have shown a positive trend, growing from $157.37 million in 2016 to $203.65 million in 2022, reecting a growth rate of 4.4%. The overall increase highlights India’s expanding presence and competitiveness in the global market, despite minor uctuations in some years.

USA: The USA is India’s largest export market for blankets and travelling rugs, with export values increasing from $98.98 million in 2016 to $122.21 million in 2022. This represents a growth rate of 3.6%. The USA consistently accounts for a significant portion of India’s exports in this category, underscoring the strong trade relationship and demand.

Iraq: Iraq has shown substantial growth as an importer, particularly noticeable in 2022 when exports surged to $5.18 million from negligible values in previous years. This remarkable growth rate of 9.3% highlights Iraq’s emerging importance as a key market for Indian exports.

Germany: Germany is a stable and significant market for India’s blankets and travelling rugs, with export values increasing from $6.00 million in 2016 to $7.88 million in 2022. This represents a growth rate of 4.6%. Germany’s consistent demand underscores its role as a reliable and growing market for Indian exports.

UAE: The UAE has demonstrated notable growth, with export values rising from $2.96 million in 2016 to $6.53 million in 2022, representing a growth rate of 14.1%. This substantial increase reflects the UAE’s growing market demand and India’s strengthening trade ties with the region.

India’s Position:

India's exports of blankets and travelling rugs reached $203.65 million in 2022, reecting a robust growth rate over the years, particularly with a notable rise from $157.37 million in 2016. The United States remains the largest importer, accounting for approximately 60% of India's total exports in this category, while overall market share shows promising potential for further expansion. With an increasing foothold in key markets like Iraq and the UAE, India is positioned to strengthen its competitive edge in the global textile landscape.