Bedroom furniture, wooden, nes940350 (Harmonized System 1992 for 6-digit)
2020 World Trade: $10.4B, Rnk 278 / 4613
2020 Top Exporter | Top Importer: $2.24B | $3B, China | United States
2020 Product Complexity: -0.51, Rnk 3276 / 4783
2019 - 2020 Export Growth (CAGR): -0.89%, Rnk 1304 / 4613
2018 Mean Tariff: 15.4%, Rnk 1001 / 6538
2020 Share of World Trade: 0.062%, Rnk 278 / 4613
Overview This page contains the latest trade data of Bedroom furniture, wooden, nes. In 2020, Bedroom furniture, wooden, nes were the world's 278th most traded product, with a total trade of $10.4B. Between 2019 and 2020 the exports of Bedroom furniture, wooden, nes decreased by -0.89%, from $10.5B to $10.4B. Trade in Bedroom furniture, wooden, nes represent 0.062% of total world trade.
Bedroom furniture, wooden, nes are a part of Other Furniture.
Exports In 2020 the top exporters of Bedroom furniture, wooden, nes were China ($2.24B), Vietnam ($1.41B), Poland ($945M), Malaysia ($863M), and Turkey ($638M).
Imports In 2020 the top importers of Bedroom furniture, wooden, nes were United States ($3B), Germany ($911M), United Kingdom ($684M), France ($409M), and Japan ($366M).
Tariffs In 2018 the average tariff for Bedroom furniture, wooden, nes was 15.4%, making it the 1001st lowest tariff using the HS6 product classification.
Ranking Bedroom furniture, wooden, nes ranks 3276th in the Product Complexity Index (PCI).
Description Common furniture in bedrooms include bedside tables, chests of drawers, wardrobes, and chairs.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $2.24B
Top Destination (2020): United States, $3B
Bedroom furniture, wooden, nes are the world's 278th most traded product.
In 2020, the top exporters of Bedroom furniture, wooden, nes were China ($2.24B), Vietnam ($1.41B), Poland ($945M), Malaysia ($863M), and Turkey ($638M).
In 2020, the top importers of Bedroom furniture, wooden, nes were United States ($3B), Germany ($911M), United Kingdom ($684M), France ($409M), and Japan ($366M).
Trade by country
Top Origin Growth (2019 - 2020): Italy, $66.6M
Top Destination Growth (2019 - 2020): United States, $115M
Between 2019 and 2020, the exports of Bedroom furniture, wooden, nes grew the fastest in Italy ($66.6M), Vietnam ($33.3M), Germany ($28.7M), Lithuania ($25.2M), and Sweden ($16.5M).
Between 2019 and 2020, the fastest growing importers of Bedroom furniture, wooden, nes were United States ($115M), Germany ($94.5M), Netherlands ($41.4M), Australia ($41.1M), and Switzerland ($24.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Bedroom furniture, wooden, nes.
In 2020, market concentration measured using Shannon Entropy, was 4.25. This means that most of the exports of Bedroom furniture, wooden, nes are explained by 19 countries.
TOP NET EXPORTER (2020): China, $2.12B
TOP NET IMPORTER (2020): United States, $2.84B
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Bedroom furniture, wooden, nes were China ($2.12B), Vietnam ($1.39B), Poland ($850M), Malaysia ($838M), and Turkey ($623M).
In 2020, the countries that had a largest trade value in imports than in exports of Bedroom furniture, wooden, nes were United States ($2.84B), United Kingdom ($640M), Japan ($364M), Australia ($329M), and France ($311M).
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.
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.
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