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XXI (Harmonized System 1992 for Section)

2023
World Trade $29.2BRnk 20 / 21
2023
Top Exporter | Top Importer $6.52B | $7.2BUnited States | United States
2023
Product Complexity 0.51Rnk 7 / 21
2022 - 2023
Export Growth (CAGR) 2.8%Rnk 5 / 21
2023
Share of World Trade 0.13%Rnk 20 / 21

About

Overview This page contains the latest trade data of Arts and Antiques. In 2023, Arts and Antiques were the world's 20th most traded product, with a total trade of $29.2B. Between 2022 and 2023 the exports of Arts and Antiques grew by 2.8%, from $28.4B to $29.2B. Trade in Arts and Antiques represent 0.13% of total world trade.

Arts and Antiques include Art & antiques.

Exports In 2023 the top exporters of Arts and Antiques  were United States ($6.52B), United Kingdom ($4.68B), France ($2.6B), Switzerland ($2.59B), and Germany ($2B).

Imports In 2023 the top importers of Arts and Antiques were United States ($7.2B), Hong Kong ($5.34B), Austria ($2.65B), Switzerland ($2.21B), and United Kingdom ($1.71B).

Ranking Arts and Antiques ranks 7th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Arts and Antiques. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$6.52B
Top Destination (2023)United States$7.2B

In 2023 Arts and Antiques were the world's 20th most traded product (out of 21).

In 2023, the top exporters of Arts and Antiques were United States ($6.52B), United Kingdom ($4.68B), France ($2.6B), Switzerland ($2.59B), and Germany ($2B).

In 2023, the top importers of Arts and Antiques were United States ($7.2B), Hong Kong ($5.34B), Austria ($2.65B), Switzerland ($2.21B), and United Kingdom ($1.71B).

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Exporters of Arts and Antiques (2023)
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Importers of Arts and Antiques (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$977M
Top Destination Growth (2022 -  2023)Austria$2.44B

Between 2022 and 2023, the exports of Arts and Antiques grew the fastest in Hong Kong ($977M), Germany ($448M), Saudi Arabia ($321M), Italy ($306M), and Netherlands ($181M).

Between 2022 and 2023, the fastest growing importers of Arts and Antiques were Austria ($2.44B), United Arab Emirates ($580M), Switzerland ($277M), India ($252M), and Kuwait ($207M).

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Exporters of Arts and Antiques (2022 - 2023)

Importers of Arts and Antiques (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Arts and Antiques.

In 2023, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Arts and Antiques are explained by 16 countries.

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Value of Exports in Arts and Antiques

Net Trade

TOP NET EXPORTER (2023)United Kingdom$2.97B
TOP NET IMPORTER (2023)Hong Kong$3.86B

This map shows which countries export or import more of Arts and Antiques. Each country is colored based on the difference in exports and imports of Arts and Antiques during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Arts and Antiques were United Kingdom ($2.97B), France ($1.12B), Germany ($1.06B), Italy ($911M), and Spain ($469M).

In 2023, the countries that had a largest trade value in imports than in exports of Arts and Antiques were Hong Kong ($3.86B), Austria ($2.07B), United States ($679M), United Arab Emirates ($583M), and Singapore ($422M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Arts and Antiques by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $33.6M
TOP IMPORT POTENTIALChina+ $22.9M

Arts and Antiques’s highest export potential is Germany. With an export gap of $33.6M.  Arts and Antiques’s highest import potential is China with an import gap of $22.9M.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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