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460210 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.38BRnk 1774 / 4644
2023
Top Exporter | Top Importer $523M | $360MChina | United States
2023
Product Complexity -1.6Rnk 4346 / 4656
2022 - 2023
Export Growth (CAGR) -23%Rnk 3893 / 4644
2023
Share of World Trade 0.0061%Rnk 1774 / 4644

About

Overview This page contains the latest trade data of Basketwork, wickerwork products of vegetable material. In 2023, Basketwork, wickerwork products of vegetable material were the world's 1774th most traded product, with a total trade of $1.38B. Between 2022 and 2023 the exports of Basketwork, wickerwork products of vegetable material decreased by -23%, from $1.79B to $1.38B. Trade in Basketwork, wickerwork products of vegetable material represent 0.0061% of total world trade.

Basketwork, wickerwork products of vegetable material are a part of Basketwork.

Exports In 2023 the top exporters of Basketwork, wickerwork products of vegetable material  were China ($523M), Vietnam ($270M), Indonesia ($92.2M), Spain ($48.7M), and Netherlands ($46.6M).

Imports In 2023 the top importers of Basketwork, wickerwork products of vegetable material were United States ($360M), Germany ($125M), France ($91.7M), Japan ($79M), and South Korea ($65.5M).

Ranking Basketwork, wickerwork products of vegetable material ranks 4346th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Basketwork, wickerwork products of vegetable material. 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)China$523M
Top Destination (2023)United States$360M

In 2023 Basketwork, wickerwork products of vegetable material were the world's 1774th most traded product (out of 4,644).

In 2023, the top exporters of Basketwork, wickerwork products of vegetable material were China ($523M), Vietnam ($270M), Indonesia ($92.2M), Spain ($48.7M), and Netherlands ($46.6M).

In 2023, the top importers of Basketwork, wickerwork products of vegetable material were United States ($360M), Germany ($125M), France ($91.7M), Japan ($79M), and South Korea ($65.5M).

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Exporters of Basketwork, wickerwork products of vegetable material (2023)
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Importers of Basketwork, wickerwork products of vegetable material (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$11.8M
Top Destination Growth (2022 -  2023)South Korea$48.1M

Between 2022 and 2023, the exports of Basketwork, wickerwork products of vegetable material grew the fastest in Spain ($11.8M), Netherlands ($10.7M), Italy ($10.7M), Madagascar ($9.49M), and Mexico ($6.7M).

Between 2022 and 2023, the fastest growing importers of Basketwork, wickerwork products of vegetable material were South Korea ($48.1M), Turkey ($3.88M), China ($2.83M), Maldives ($2.04M), and United Arab Emirates ($1.64M).

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Exporters of Basketwork, wickerwork products of vegetable material (2022 - 2023)

Importers of Basketwork, wickerwork products of vegetable material (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Basketwork, wickerwork products of vegetable material.

In 2023, market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Basketwork, wickerwork products of vegetable material are explained by 10 countries.

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Value of Exports in Basketwork, wickerwork products of vegetable material

Net Trade

TOP NET EXPORTER (2023)China$508M
TOP NET IMPORTER (2023)United States$357M

This map shows which countries export or import more of Basketwork, wickerwork products of vegetable material. Each country is colored based on the difference in exports and imports of Basketwork, wickerwork products of vegetable material during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Basketwork, wickerwork products of vegetable material were China ($508M), Vietnam ($267M), Indonesia ($91.7M), Philippines ($42.3M), and Madagascar ($33.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Basketwork, wickerwork products of vegetable material were United States ($357M), Germany ($104M), Japan ($78.1M), France ($65.7M), and South Korea ($65.4M).

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 Basketwork, wickerwork products of vegetable material.
It is possible to select the main countries that export or import Basketwork, wickerwork products of vegetable material in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Basketwork, wickerwork products of vegetable material by percentage of total exports

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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