Product intelligence · HS 621320 · 2024 data

Handkerchiefs: of cotton (not knitted or crocheted)

Global exports of handkerchiefs: of cotton (not knitted or crocheted) totalled $85,873,004 in 2024, a +3.3% change from the previous year. Traded by 125 countries across 2,301 bilateral corridors, with demand from 187 importing markets. The long-term trend is growing.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$85.9M

+3.3% YoY

3Y / 5Y CAGR

+3.8%

5Y: -8.9%

Supply structure

Concentrated

HHI 0.414

Volatility

Low

Score 6/100

1.

Market movement

In 2024, handkerchiefs: of cotton (not knitted or crocheted) trade exhibited modest growth, with global flows reaching $85,873,004 and a three-year compound annual growth rate of +3.8% (five-year: -8.9%). The all-time peak of $210,606,998 was recorded in 2013; the current level is 59% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+11.7% acceleration).

The World Trade Flows Characterization classifies handkerchiefs: of cotton (not knitted or crocheted) as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.414). The three largest exporters — China ($56.0M), India ($6.7M), and Russia ($2.3M) — collectively dominate supply flows. The leading exporter has grown at +4.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.075). The three largest import markets are Japan ($12.9M), United States ($12.7M), and Kyrgyzstan ($9.8M). The largest importing market sources from 33 different supplying countries.

Estimated substitution elasticity: -5.67. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Japan at $8.7M, representing 67.2% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for handkerchiefs: of cotton (not knitted or crocheted) is 6 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $210,606,998 in 2013. Currently 59% below peak.

YearGlobal trade (USD)YoY growth
2015$163,163,581-16.8%
2016$167,405,957+2.6%
2017$163,189,396-2.5%
2018$153,263,389-6.1%
2019$136,574,422-10.9%
2020$133,739,276-2.1%
2021$76,801,237-42.6%
2022$74,462,750-3.0%
2023$83,158,239+11.7%
2024$85,873,004+3.3%

Top exporting countries

Ranked by export value of handkerchiefs: of cotton (not knitted or crocheted) in 2024.

View all 125 exporters →

Top importing markets

Largest import destinations for handkerchiefs: of cotton (not knitted or crocheted).

View all 187 markets →

Leading trade corridors

Largest bilateral export flows for handkerchiefs: of cotton (not knitted or crocheted), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ChinaJapan$8.7M-4.8%
2ChinaUnited States$7.9M-13.7%
3IndiaUnited States$3.4M-5.1%
4MalaysiaJapan$1.0M-5.2%
5VietnamJapan$988.1K-4.9%
6FranceJapan$520.3K+54.0%
7IndiaJapan$436.4K+12.8%
8South KoreaJapan$427.6K-18.7%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.