Furniture; of rattan940383 (Harmonized System 2017 for 6-digit)
2021 World Trade: $106M, Rnk 4496 / 5381
2021 Top Exporter | Top Importer: $53.1M | $35.6M, Indonesia | United States
2021 Product Complexity: -1.17, Rnk 4608 / 5381
2020 - 2021 Export Growth (CAGR): 57%, Rnk 443 / 5381
2018 Mean Tariff: 9.55%, Rnk 2375 / 6538
2021 Share of World Trade: 0.0005%, Rnk 4496 / 5381
Overview This page contains the latest trade data of Furniture; of rattan. In 2021, Furniture; of rattan were the world's 4496th most traded product, with a total trade of $106M. Between 2020 and 2021 the exports of Furniture; of rattan grew by 57%, from $67.5M to $106M. Trade in Furniture; of rattan represent 0.0005% of total world trade.
Furniture; of rattan are a part of Furniture and parts thereof, n.e.c. in chapter 94.
Exports In 2021 the top exporters of Furniture; of rattan were Indonesia ($53.1M), Vietnam ($14.3M), China ($13.7M), Philippines ($9.71M), and Spain ($1.61M).
Imports In 2021 the top importers of Furniture; of rattan were United States ($35.6M), Australia ($11.1M), France ($5.51M), United Kingdom ($4.51M), and Switzerland ($3.98M).
Tariffs In 2018 the average tariff for Furniture; of rattan was 9.55%, making it the 2375th lowest tariff using the HS6 product classification.
Ranking Furniture; of rattan ranks 4608th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Furniture; of rattan. 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 (2021): Indonesia, $53.1M
Top Destination (2021): United States, $35.6M
Furniture; of rattan are the world's 4496th most traded product.
In 2021, the top exporters of Furniture; of rattan were Indonesia ($53.1M), Vietnam ($14.3M), China ($13.7M), Philippines ($9.71M), and Spain ($1.61M).
In 2021, the top importers of Furniture; of rattan were United States ($35.6M), Australia ($11.1M), France ($5.51M), United Kingdom ($4.51M), and Switzerland ($3.98M).
Trade by country
Top Origin Growth (2020 - 2021): Indonesia, $25.9M
Top Destination Growth (2020 - 2021): United States, $20M
Between 2020 and 2021, the exports of Furniture; of rattan grew the fastest in Indonesia ($25.9M), Vietnam ($6.07M), Philippines ($3.7M), China ($1.27M), and Netherlands ($289k).
Between 2020 and 2021, the fastest growing importers of Furniture; of rattan were United States ($20M), Australia ($5.48M), France ($1.96M), Switzerland ($1.82M), and Malaysia ($1.38M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Furniture; of rattan.
In 2021, market concentration measured using Shannon Entropy, was 2.67. This means that most of the exports of Furniture; of rattan are explained by 6 countries.
TOP NET EXPORTER (2021): Indonesia, $53.1M
TOP NET IMPORTER (2021): United States, $34.7M
This map shows which countries export or import more of Furniture; of rattan. Each country is colored based on the difference in exports and imports of Furniture; of rattan during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Furniture; of rattan were Indonesia ($53.1M), Vietnam ($14.3M), China ($13.1M), Philippines ($9.63M), and Czechia ($616k).
In 2021, the countries that had a largest trade value in imports than in exports of Furniture; of rattan were United States ($34.7M), Australia ($11.1M), France ($4.59M), Switzerland ($3.93M), and United Kingdom ($3.63M).
This visualization shows the countries that have an important ratio of their trade related to Furniture; of rattan. It is possible to select the main countries that export or import Furniture; of rattan 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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