Furniture of cane, materials nes940380 (Harmonized System 1992 for 6-digit)
2020 World Trade: $3.27B, Rnk 876 / 4613
2020 Top Exporter | Top Importer: $1.67B | $1.02B, China | United States
2020 Product Complexity: -0.74, Rnk 3625 / 4783
2019 - 2020 Export Growth (CAGR): -3.06%, Rnk 1574 / 4613
2018 Mean Tariff: 9.44%, Rnk 2399 / 6538
2020 Share of World Trade: 0.02%, Rnk 876 / 4613
Overview This page contains the latest trade data of Furniture of cane, materials nes. In 2020, Furniture of cane, materials nes were the world's 876th most traded product, with a total trade of $3.27B. Between 2019 and 2020 the exports of Furniture of cane, materials nes decreased by -3.06%, from $3.37B to $3.27B. Trade in Furniture of cane, materials nes represent 0.02% of total world trade.
Furniture of cane, materials nes are a part of Other Furniture.
Exports In 2020 the top exporters of Furniture of cane, materials nes were China ($1.67B), Italy ($334M), Vietnam ($260M), Poland ($126M), and United States ($108M).
Imports In 2020 the top importers of Furniture of cane, materials nes were United States ($1.02B), Germany ($151M), France ($129M), Canada ($125M), and Saudi Arabia ($104M).
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 3625th in the Product Complexity Index (PCI).
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.
Trade By Country
Top Origin (2020): China, $1.67B
Top Destination (2020): United States, $1.02B
Furniture of cane, materials nes are the world's 876th most traded product.
In 2020, the top exporters of Furniture of cane, materials nes were China ($1.67B), Italy ($334M), Vietnam ($260M), Poland ($126M), and United States ($108M).
In 2020, the top importers of Furniture of cane, materials nes were United States ($1.02B), Germany ($151M), France ($129M), Canada ($125M), and Saudi Arabia ($104M).
Trade by country
Top Origin Growth (2019 - 2020): Vietnam, $99.3M
Top Destination Growth (2019 - 2020): United States, $145M
Between 2019 and 2020, the exports of Furniture of cane, materials nes grew the fastest in Vietnam ($99.3M), Malaysia ($18.3M), Senegal ($9.17M), South Korea ($8.51M), and India ($7.98M).
Between 2019 and 2020, the fastest growing importers of Furniture of cane, materials nes were United States ($145M), Saudi Arabia ($22.1M), South Korea ($21.2M), Russia ($17.2M), and Singapore ($14.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Furniture of cane, materials nes.
In 2020, market concentration measured using Shannon Entropy, was 3.1. This means that most of the exports of Furniture of cane, materials nes are explained by 8 countries.
TOP NET EXPORTER (2020): China, $1.63B
TOP NET IMPORTER (2020): United States, $911M
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Furniture of cane, materials nes were China ($1.63B), Italy ($298M), Vietnam ($223M), Poland ($109M), and Turkey ($33.7M).
In 2020, the countries that had a largest trade value in imports than in exports of Furniture of cane, materials nes were United States ($911M), Saudi Arabia ($103M), Canada ($103M), France ($85M), and Australia ($83.1M).
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.
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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