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940390 (Harmonized System 1992 for 6-digit)

2022
World Trade $18.5BRnk 190 / 4648
2022
Top Exporter | Top Importer $5.62B | $4.27BChina | United States
2022
Product Complexity 0.47Rnk 1695 / 4653
2021 - 2022
Export Growth (CAGR) -0.92%Rnk 3101 / 4648
2022
Share of World Trade 0.078%Rnk 190 / 4648

About

Overview This page contains the latest trade data of Furniture parts nes. In 2022, Furniture parts nes were the world's 190th most traded product, with a total trade of $18.5B. Between 2021 and 2022 the exports of Furniture parts nes decreased by -0.92%, from $18.6B to $18.5B. Trade in Furniture parts nes represent 0.078% of total world trade.

Furniture parts nes are a part of Other Furniture.

Exports In 2022 the top exporters of Furniture parts nes  were China ($5.62B), Italy ($2.24B), Germany ($1.8B), Vietnam ($1.37B), and Poland ($953M).

Imports In 2022 the top importers of Furniture parts nes were United States ($4.27B), Germany ($1.82B), France ($1.07B), United Kingdom ($1.03B), and Canada ($701M).

Ranking Furniture parts nes ranks 1695th in the Product Complexity Index (PCI).

Description The legs of a table will not only be the means of keeping it upright, but will also provide the necessary height for the table to be the correct height for people. The stretchers beneath a table will also provide stability and support, as well as a flat surface to put objects on. The top of a table will be the surface on which food and drink will be placed. The back of a chair will support the back of the person sitting in it, while the arms of a chair will provide a surface for a person to grip onto. The seat of a chair will provide a surface

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Furniture parts 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 (2022)China$5.62B
Top Destination (2022)United States$4.27B

In 2022 Furniture parts nes were the world's 190th most traded product (out of 4,648).

In 2022, the top exporters of Furniture parts nes were China ($5.62B), Italy ($2.24B), Germany ($1.8B), Vietnam ($1.37B), and Poland ($953M).

In 2022, the top importers of Furniture parts nes were United States ($4.27B), Germany ($1.82B), France ($1.07B), United Kingdom ($1.03B), and Canada ($701M).

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Exporters of Furniture parts nes (2022)
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Importers of Furniture parts nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$296M
Top Destination Growth (2021 -  2022)United States$110M

Between 2021 and 2022, the exports of Furniture parts nes grew the fastest in China ($296M), Vietnam ($152M), United States ($100M), Germany ($75.7M), and Thailand ($42.2M).

Between 2021 and 2022, the fastest growing importers of Furniture parts nes were United States ($110M), Hong Kong ($102M), Canada ($98.6M), India ($47.6M), and France ($43.9M).

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Exporters of Furniture parts nes (2021 - 2022)

Importers of Furniture parts nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furniture parts nes.

In 2022, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Furniture parts nes are explained by 15 countries.

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Value of Exports in Furniture parts nes

Net Trade

TOP NET EXPORTER (2022)China$5.49B
TOP NET IMPORTER (2022)United States$3.7B

This map shows which countries export or import more of Furniture parts nes. Each country is colored based on the difference in exports and imports of Furniture parts nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Furniture parts nes were China ($5.49B), Italy ($1.86B), Vietnam ($1.12B), Poland ($488M), and Lithuania ($349M).

In 2022, the countries that had a largest trade value in imports than in exports of Furniture parts nes were United States ($3.7B), United Kingdom ($903M), France ($851M), Japan ($425M), and Netherlands ($415M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Furniture parts 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 (2022)

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