940320 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Furniture, metal, nes. In 2021, Furniture, metal, nes were the world's 130th most traded product, with a total trade of $23.7B. Between 2020 and 2021 the exports of Furniture, metal, nes grew by 26.3%, from $18.8B to $23.7B. Trade in Furniture, metal, nes represent 0.11% of total world trade.

Furniture, metal, nes are a part of Other Furniture.

Exports In 2021 the top exporters of Furniture, metal, nes  were China ($12.7B), Germany ($1.68B), Vietnam ($968M), Chinese Taipei ($794M), and Italy ($776M).

Imports In 2021 the top importers of Furniture, metal, nes were United States ($6.98B), Germany ($1.69B), France ($1.25B), United Kingdom ($1.14B), and Netherlands ($799M).

Ranking Furniture, metal, nes ranks 2388th in the Product Complexity Index (PCI).

Description Furniture is designed to support the weight of a person or object. It may also be used to organize and store other objects. Metals are used in construction, as a material for tools, and for their conductive and heat-resistant properties.

Latest Data

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The following visualization shows the latest trends on Furniture, metal, 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.

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Historical Data

Exporters and Importers

Top Origin (2021)China$12.7B
Top Destination (2021)United States$6.98B

In 2021 Furniture, metal, nes were the world's 130th most traded product (out of 4,641).

In 2021, the top exporters of Furniture, metal, nes were China ($12.7B), Germany ($1.68B), Vietnam ($968M), Chinese Taipei ($794M), and Italy ($776M).

In 2021, the top importers of Furniture, metal, nes were United States ($6.98B), Germany ($1.69B), France ($1.25B), United Kingdom ($1.14B), and Netherlands ($799M).

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Exporters of Furniture, metal, nes (2021)
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Importers of Furniture, metal, nes (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)China$2.64B
Top Destination Growth (2020 -  2021)United States$1.6B

Between 2020 and 2021, the exports of Furniture, metal, nes grew the fastest in China ($2.64B), Germany ($345M), Vietnam ($255M), Italy ($187M), and India ($139M).

Between 2020 and 2021, the fastest growing importers of Furniture, metal, nes were United States ($1.6B), France ($405M), Germany ($369M), United Kingdom ($321M), and South Korea ($157M).

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Exporters of Furniture, metal, nes (2020 - 2021)

Importers of Furniture, metal, nes (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furniture, metal, nes.

In 2021, market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Furniture, metal, nes are explained by 9 countries.

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Value of Exports in Furniture, metal, nes

Net Trade

TOP NET EXPORTER (2021)China$12.6B
TOP NET IMPORTER (2021)United States$6.51B

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

In 2021, the countries that had a largest trade value in exports than in imports of Furniture, metal, nes were China ($12.6B), Vietnam ($852M), Chinese Taipei ($634M), Italy ($389M), and Turkey ($283M).

In 2021, the countries that had a largest trade value in imports than in exports of Furniture, metal, nes were United States ($6.51B), France ($978M), United Kingdom ($902M), Japan ($735M), and Australia ($599M).

Net Trade (2021)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Furniture, metal, 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 (2021)

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