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940389 (Harmonized System 2007 for 6-digit)

2023
World Trade $3.4BRnk 1048 / 5026
2023
Top Exporter | Top Importer $1.58B | $1.08BChina | United States
2023
Product Complexity -0.55Rnk 3564 / 5035
2022 - 2023
Export Growth (CAGR) -12%Rnk 3175 / 5026
2023
Share of World Trade 0.015%Rnk 1048 / 5026

About

Overview This page contains the latest trade data of Furniture: of some materials (other than bamboo or rattan). In 2023, Furniture: of some materials (other than bamboo or rattan) were the world's 1048th most traded product, with a total trade of $3.4B. Between 2022 and 2023 the exports of Furniture: of some materials (other than bamboo or rattan) decreased by -12%, from $3.87B to $3.4B. Trade in Furniture: of some materials (other than bamboo or rattan) represent 0.015% of total world trade.

Furniture: of some materials (other than bamboo or rattan) are a part of Furniture and parts thereof, n.e.c. in chapter 94.

Exports In 2023 the top exporters of Furniture: of some materials (other than bamboo or rattan)  were China ($1.58B), Italy ($448M), Vietnam ($263M), Poland ($184M), and India ($87.4M).

Imports In 2023 the top importers of Furniture: of some materials (other than bamboo or rattan) were United States ($1.08B), Germany ($160M), Canada ($130M), France ($115M), and South Korea ($102M).

Ranking Furniture: of some materials (other than bamboo or rattan) ranks 3564th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Furniture: of some materials (other than bamboo or 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.

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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$1.58B
Top Destination (2023)United States$1.08B

In 2023 Furniture: of some materials (other than bamboo or rattan) were the world's 1048th most traded product (out of 5,026).

In 2023, the top exporters of Furniture: of some materials (other than bamboo or rattan) were China ($1.58B), Italy ($448M), Vietnam ($263M), Poland ($184M), and India ($87.4M).

In 2023, the top importers of Furniture: of some materials (other than bamboo or rattan) were United States ($1.08B), Germany ($160M), Canada ($130M), France ($115M), and South Korea ($102M).

Explore Visualizations

Exporters of Furniture: of some materials (other than bamboo or rattan) (2023)
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Importers of Furniture: of some materials (other than bamboo or rattan) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$30.5M
Top Destination Growth (2022 -  2023)Vietnam$43.8M

Between 2022 and 2023, the exports of Furniture: of some materials (other than bamboo or rattan) grew the fastest in Poland ($30.5M), Canada ($10.6M), Germany ($9.72M), Portugal ($4.59M), and Latvia ($1.65M).

Between 2022 and 2023, the fastest growing importers of Furniture: of some materials (other than bamboo or rattan) were Vietnam ($43.8M), Germany ($19.5M), Tanzania ($18.6M), Saudi Arabia ($17.9M), and Angola ($15.2M).

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Exporters of Furniture: of some materials (other than bamboo or rattan) (2022 - 2023)

Importers of Furniture: of some materials (other than bamboo or rattan) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furniture: of some materials (other than bamboo or rattan).

In 2023, market concentration measured using Shannon Entropy, was 3.27. This means that most of the exports of Furniture: of some materials (other than bamboo or rattan) are explained by 9 countries.

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Value of Exports in Furniture: of some materials (other than bamboo or rattan)

Net Trade

TOP NET EXPORTER (2023)China$1.49B
TOP NET IMPORTER (2023)United States$1.01B

This map shows which countries export or import more of Furniture: of some materials (other than bamboo or rattan). Each country is colored based on the difference in exports and imports of Furniture: of some materials (other than bamboo or rattan) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Furniture: of some materials (other than bamboo or rattan) were China ($1.49B), Italy ($414M), Vietnam ($190M), Poland ($158M), and India ($63.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Furniture: of some materials (other than bamboo or rattan) were United States ($1.01B), South Korea ($99.2M), Canada ($92.4M), Germany ($74.9M), and Saudi Arabia ($71.3M).

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 some materials (other than bamboo or rattan).
It is possible to select the main countries that export or import Furniture: of some materials (other than bamboo or rattan) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Furniture: of some materials (other than bamboo or rattan) 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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