940380 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Furniture of cane, materials nes. In 2023, Furniture of cane, materials nes were the world's 972nd most traded product, with a total trade of $3.61B. Between 2022 and 2023 the exports of Furniture of cane, materials nes decreased by -12.1%, from $4.11B to $3.61B. Trade in Furniture of cane, materials nes represent 0.016% of total world trade.

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

Exports In 2023 the top exporters of Furniture of cane, materials nes  were China ($1.69B), Italy ($448M), Vietnam ($294M), Poland ($196M), and Germany ($91.9M).

Imports In 2023 the top importers of Furniture of cane, materials nes were United States ($1.2B), Germany ($176M), Canada ($150M), France ($129M), and South Korea ($106M).

Ranking Furniture of cane, materials nes ranks 3334th in the Product Complexity Index (PCI).

Latest Data

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Y-AXIS SCALE

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.

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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$1.69B
Top Destination (2023)United States$1.2B

In 2023 Furniture of cane, materials nes were the world's 972nd most traded product (out of 4,644).

In 2023, the top exporters of Furniture of cane, materials nes were China ($1.69B), Italy ($448M), Vietnam ($294M), Poland ($196M), and Germany ($91.9M).

In 2023, the top importers of Furniture of cane, materials nes were United States ($1.2B), Germany ($176M), Canada ($150M), France ($129M), and South Korea ($106M).

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Exporters of Furniture of cane, materials nes (2023)
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Importers of Furniture of cane, materials nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$41.3M
Top Destination Growth (2022 -  2023)Vietnam$49.3M

Between 2022 and 2023, the exports of Furniture of cane, materials nes grew the fastest in Poland ($41.3M), Germany ($11.9M), Canada ($11.1M), Portugal ($3.14M), and Latvia ($1.53M).

Between 2022 and 2023, the fastest growing importers of Furniture of cane, materials nes were Vietnam ($49.3M), Saudi Arabia ($20.1M), Tanzania ($19.6M), Philippines ($15.2M), and Nigeria ($15.1M).

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Exporters of Furniture of cane, materials nes (2022 - 2023)

Importers of Furniture of cane, materials nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Furniture of cane, materials nes are explained by 9 countries.

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Value of Exports in Furniture of cane, materials nes

Net Trade

TOP NET EXPORTER (2023)China$1.61B
TOP NET IMPORTER (2023)United States$1.12B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Furniture of cane, materials nes were China ($1.61B), Italy ($414M), Vietnam ($220M), Poland ($173M), and India ($61.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Furniture of cane, materials nes were United States ($1.12B), Canada ($112M), South Korea ($103M), Germany ($83.9M), and Japan ($70.2M).

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 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.

Top 10 Exporters Countries of Furniture of cane, materials 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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