HS Icon Artificial Vegetation

6702 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Artificial Vegetation. In 2021, Artificial Vegetation were the world's 543rd most traded product, with a total trade of $4.89B. Between 2020 and 2021 the exports of Artificial Vegetation grew by 22%, from $4.01B to $4.89B. Trade in Artificial Vegetation represent 0.00023% of total world trade.

Artificial Vegetation are a part of Feather articles, feathers, artificial flowers, & articles of human hair. They include Artificial flowers foliage fruit etc except plastic and Artificial flowers foliage fruit, articles, plastic.

Exports In 2021 the top exporters of Artificial Vegetation  were China ($4.41B), Netherlands ($111M), Germany ($86.2M), Hong Kong ($39.5M), and United States ($27.2M).

Imports In 2021 the top importers of Artificial Vegetation were United States ($1.3B), United Kingdom ($339M), Germany ($282M), Netherlands ($220M), and Poland ($192M).

Tariffs In 2018 the average tariff for Artificial Vegetation was 16%, making it the 162nd lowest tariff using the HS4 product classification.

Ranking Artificial Vegetation ranks 602nd in the Product Complexity Index (PCI).

Description Artificial flowers are used to decorate homes, offices, and other buildings. They can be made from a variety of materials, including plastic, glass, metal, or fiberglass.

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Artificial Vegetation. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2021): China, $4.41B

Top Destination (2021): United States, $1.3B

Artificial Vegetation are the world's 543rd most traded product.

In 2021, the top exporters of Artificial Vegetation were China ($4.41B), Netherlands ($111M), Germany ($86.2M), Hong Kong ($39.5M), and United States ($27.2M).

In 2021, the top importers of Artificial Vegetation were United States ($1.3B), United Kingdom ($339M), Germany ($282M), Netherlands ($220M), and Poland ($192M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Color

Top Origin Growth (2020 -  2021): China, $800M

Top Destination Growth (2020 -  2021): United States, $249M

Between 2020 and 2021, the exports of Artificial Vegetation grew the fastest in China ($800M), Netherlands ($30.8M), Germany ($12.9M), Hong Kong ($7.16M), and Poland ($5.6M).

Between 2020 and 2021, the fastest growing importers of Artificial Vegetation were United States ($249M), United Kingdom ($144M), Japan ($62.5M), Germany ($47.9M), and India ($46.7M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Artificial Vegetation.

In 2021, market concentration measured using Shannon Entropy, was 0.89. This means that most of the exports of Artificial Vegetation are explained by 1 countries.

Explore Visualizations

TOP NET EXPORTER (2021): China, $4.4B

TOP NET IMPORTER (2021): United States, $1.27B

This map shows which countries export or import more of Artificial Vegetation. Each country is colored based on the difference in exports and imports of Artificial Vegetation during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Artificial Vegetation were China ($4.4B), Cambodia ($4.38M), Burma ($1.93M), Sri Lanka ($484k), and Marshall Islands ($238k).

In 2021, the countries that had a largest trade value in imports than in exports of Artificial Vegetation were United States ($1.27B), United Kingdom ($331M), Germany ($195M), Poland ($167M), and Canada ($132M).

Disaggregation

#permalink to section
Value

In 2021, the world most traded Artificial Vegetation, disaggragated by their HS6 level were Artificial flowers foliage fruit, articles, plastic ($3.23B) and Artificial flowers foliage fruit etc except... ($1.66B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Artificial Vegetation.
It is possible to select the main countries that export or import Artificial Vegetation in the world, or by continent, as well as select the measure of interest.

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Artificial Vegetation to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.