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940350 (Harmonized System 1992 for 6-digit)

2023
World Trade $11.4BRnk 318 / 4644
2023
Top Exporter | Top Importer $2.26B | $3.72BVietnam | United States
2023
Product Complexity -0.27Rnk 2929 / 4656
2022 - 2023
Export Growth (CAGR) -5.57%Rnk 2160 / 4644
2023
Share of World Trade 0.05%Rnk 318 / 4644

About

Overview This page contains the latest trade data of Bedroom furniture, wooden, nes. In 2023, Bedroom furniture, wooden, nes were the world's 318th most traded product, with a total trade of $11.4B. Between 2022 and 2023 the exports of Bedroom furniture, wooden, nes decreased by -5.57%, from $12B to $11.4B. Trade in Bedroom furniture, wooden, nes represent 0.05% of total world trade.

Bedroom furniture, wooden, nes are a part of Other Furniture.

Exports In 2023 the top exporters of Bedroom furniture, wooden, nes  were Vietnam ($2.26B), China ($1.93B), Poland ($1.19B), Malaysia ($743M), and Turkey ($725M).

Imports In 2023 the top importers of Bedroom furniture, wooden, nes were United States ($3.72B), Germany ($936M), United Kingdom ($711M), France ($413M), and Canada ($389M).

Ranking Bedroom furniture, wooden, nes ranks 2929th in the Product Complexity Index (PCI).

Description Common furniture in bedrooms include bedside tables, chests of drawers, wardrobes, and chairs.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bedroom furniture, wooden, nes. 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)Vietnam$2.26B
Top Destination (2023)United States$3.72B

In 2023 Bedroom furniture, wooden, nes were the world's 318th most traded product (out of 4,644).

In 2023, the top exporters of Bedroom furniture, wooden, nes were Vietnam ($2.26B), China ($1.93B), Poland ($1.19B), Malaysia ($743M), and Turkey ($725M).

In 2023, the top importers of Bedroom furniture, wooden, nes were United States ($3.72B), Germany ($936M), United Kingdom ($711M), France ($413M), and Canada ($389M).

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Exporters of Bedroom furniture, wooden, nes (2023)
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Importers of Bedroom furniture, wooden, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$594M
Top Destination Growth (2022 -  2023)South Korea$95.9M

Between 2022 and 2023, the exports of Bedroom furniture, wooden, nes grew the fastest in Vietnam ($594M), Sweden ($26M), Romania ($10.6M), Greece ($3.79M), and Portugal ($3.57M).

Between 2022 and 2023, the fastest growing importers of Bedroom furniture, wooden, nes were South Korea ($95.9M), Vietnam ($40.6M), Italy ($16.3M), Norway ($14.4M), and Malta ($13.3M).

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Exporters of Bedroom furniture, wooden, nes (2022 - 2023)

Importers of Bedroom furniture, wooden, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bedroom furniture, wooden, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Bedroom furniture, wooden, nes are explained by 17 countries.

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Value of Exports in Bedroom furniture, wooden, nes

Net Trade

TOP NET EXPORTER (2023)Vietnam$2.21B
TOP NET IMPORTER (2023)United States$3.64B

This map shows which countries export or import more of Bedroom furniture, wooden, nes. Each country is colored based on the difference in exports and imports of Bedroom furniture, wooden, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bedroom furniture, wooden, nes were Vietnam ($2.21B), China ($1.83B), Poland ($1.1B), Malaysia ($708M), and Turkey ($695M).

In 2023, the countries that had a largest trade value in imports than in exports of Bedroom furniture, wooden, nes were United States ($3.64B), United Kingdom ($674M), Germany ($412M), France ($337M), and Switzerland ($289M).

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 Bedroom furniture, wooden, nes.
It is possible to select the main countries that export or import Bedroom furniture, wooden, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bedroom furniture, wooden, nes 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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