Blankets and travelling rugs: n.e.c. in heading no. 6301

In 2024, blankets and travelling rugs: n.e.c. in heading no. 6301 trade exhibited strong growth, with global flows reaching $248,432,890 and a three-year compound annual growth rate of -0.8% (five-year: -3.6%). The all-time peak of $314,663,144 was recorded in 2014; the current level is 21% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+1.5% acceleration).

The World Trade Flows Characterization classifies blankets and travelling rugs: n.e.c. in heading no. 6301 as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.229). The three largest exporters — China ($112.2M), India ($34.0M), and Barbados ($24.2M) — collectively dominate supply flows. The leading exporter has grown at +4.9% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.104). The three largest import markets are United States ($74.0M), Algeria ($19.0M), and Saudi Arabia ($10.3M). The largest importing market sources from 87 different supplying countries.

Estimated substitution elasticity: -1.53. Buyers tend to remain with established suppliers even when price differences exist.

The dominant trade corridor is China → United States at $44.0M, representing 59.4% of the importer's total demand.

The volatility score for blankets and travelling rugs: n.e.c. in heading no. 6301 is 7 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, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

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