Blanket Market - China Maintains Strong Positions in the Global Blanket and Traveling Rug Trade

Other Textiles August 10, 2015
Author: Alexander Romanenko
Chief Executive Officer

blanket market

China dominates in the global blanket and traveling rug trade. In 2014, China exported 3,845 million USD, 14% over than the year before. Its primary trading partner was the U.S., where it supplied 19% of its total exports on the blanket market in value terms, accounting for 77% of the U.S.'s total imports.

From 2007 to 2014, China was a net exporter of blankets and traveling rugs. Over this period, exports consistently exceeded imports in value terms.

India and Turkey were among the other main global suppliers of blankets and traveling rugs in 2014. India was also the fastest growing exporter from 2007 to 2014, allowing them to significantly strengthen its position in the global export structure.

China's top 5 trading partners in 2014 were the U.S., the United Arab Emirates, the Russian Federation, Japan and Saudi Arabia, with a combined 38% share of China's blanket and traveling rug exports. The share of the Russian Federation increased slightly (+1 percentage points), while the share of the U.S. illustrated negative dynamics (-8 percentage points).

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Source: World: Blankets And Traveling Rugs (Except Electric Blankets) - Market Report. Analysis and Forecast to 2020