HS Icon Furniture of cane, materials nes

940380 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Furniture of cane, materials nes. In 2021, Furniture of cane, materials nes were the world's 786th most traded product, with a total trade of $4.48B. Between 2020 and 2021 the exports of Furniture of cane, materials nes grew by 24%, from $3.61B to $4.48B. Trade in Furniture of cane, materials nes represent 0.00021% of total world trade.

Furniture of cane, materials nes are a part of Other Furniture.

Exports In 2021 the top exporters of Furniture of cane, materials nes  were China ($2.56B), Italy ($395M), Vietnam ($301M), Poland ($138M), and United States ($115M).

Imports In 2021 the top importers of Furniture of cane, materials nes were United States ($1.28B), Germany ($211M), United Kingdom ($175M), Canada ($156M), and Australia ($155M).

Tariffs In 2018 the average tariff for Furniture of cane, materials nes was 9.44%, making it the 2399th lowest tariff using the HS6 product classification.

Ranking Furniture of cane, materials nes ranks 3531st in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Furniture of cane, materials 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

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $2.56B

Top Destination (2021): United States, $1.28B

Furniture of cane, materials nes are the world's 786th most traded product.

In 2021, the top exporters of Furniture of cane, materials nes were China ($2.56B), Italy ($395M), Vietnam ($301M), Poland ($138M), and United States ($115M).

In 2021, the top importers of Furniture of cane, materials nes were United States ($1.28B), Germany ($211M), United Kingdom ($175M), Canada ($156M), and Australia ($155M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $526M

Top Destination Growth (2020 -  2021): United States, $261M

Between 2020 and 2021, the exports of Furniture of cane, materials nes grew the fastest in China ($526M), Italy ($63.1M), Vietnam ($43.4M), Indonesia ($33.2M), and Philippines ($32.5M).

Between 2020 and 2021, the fastest growing importers of Furniture of cane, materials nes were United States ($261M), Malaysia ($54.7M), Germany ($39.8M), Australia ($37M), and Canada ($34.6M).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 2.87. This means that most of the exports of Furniture of cane, materials nes are explained by 7 countries.

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TOP NET EXPORTER (2021): China, $2.5B

TOP NET IMPORTER (2021): United States, $1.16B

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

In 2021, the countries that had a largest trade value in exports than in imports of Furniture of cane, materials nes were China ($2.5B), Italy ($346M), Vietnam ($262M), Poland ($104M), and Indonesia ($53.3M).

In 2021, the countries that had a largest trade value in imports than in exports of Furniture of cane, materials nes were United States ($1.16B), Australia ($153M), United Kingdom ($145M), Canada ($129M), and Saudi Arabia ($128M).

Country Comparison

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

Product Complexity

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Diversification Frontier

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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.