NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Furniture; parts, of wood

940391 (Harmonized System 2022 for 6-digit)

2023
World Trade $7.22BRnk 526 / 5606
2023
Top Exporter | Top Importer $1.33B | $1.45BItaly | United States
2023
Product Complexity 0.48Rnk 2027 / 5606
2022 - 2023
Export Growth (CAGR) -8.66%Rnk 3208 / 5606
2023
Share of World Trade 0.032%Rnk 526 / 5606

About

Overview This page contains the latest trade data of Furniture parts, wood. In 2023, Furniture parts, wood were the world's 526th most traded product, with a total trade of $7.22B. Between 2022 and 2023 the exports of Furniture parts, wood decreased by -8.66%, from $7.91B to $7.22B. Trade in Furniture parts, wood represent 0.032% of total world trade.

Furniture parts, wood are a part of Other Furniture.

Exports In 2023 the top exporters of Furniture parts, wood  were Italy ($1.33B), China ($1.3B), Germany ($841M), Poland ($637M), and Vietnam ($456M).

Imports In 2023 the top importers of Furniture parts, wood were United States ($1.45B), Germany ($897M), United Kingdom ($565M), France ($537M), and Netherlands ($242M).

Ranking Furniture parts, wood ranks 2027th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Furniture parts, wood. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Year
Top Origin (2023)Italy$1.33B
Top Destination (2023)United States$1.45B

In 2023 Furniture parts, wood were the world's 526th most traded product (out of 5,606).

In 2023, the top exporters of Furniture parts, wood were Italy ($1.33B), China ($1.3B), Germany ($841M), Poland ($637M), and Vietnam ($456M).

In 2023, the top importers of Furniture parts, wood were United States ($1.45B), Germany ($897M), United Kingdom ($565M), France ($537M), and Netherlands ($242M).

Explore Visualizations

Exporters of Furniture parts, wood (2023)
[Click to Select a Country]

Importers of Furniture parts, wood (2023)
[Click to Select a Country]

Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Germany$56.1M
Top Destination Growth (2022 -  2023)South Korea$54.7M

Between 2022 and 2023, the exports of Furniture parts, wood grew the fastest in Germany ($56.1M), Canada ($32.3M), Poland ($28.4M), Hungary ($21.4M), and Spain ($20.8M).

Between 2022 and 2023, the fastest growing importers of Furniture parts, wood were South Korea ($54.7M), Ghana ($24.2M), Angola ($17.9M), Philippines ($15.5M), and Netherlands ($14.9M).

Explore Visualizations

Exporters of Furniture parts, wood (2022 - 2023)

Importers of Furniture parts, wood (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.11. This means that most of the exports of Furniture parts, wood are explained by 17 countries.

Explore Visualizations

Value of Exports in Furniture parts, wood

Net Trade

Year
TOP NET EXPORTER (2023)China$1.25B
TOP NET IMPORTER (2023)United States$1.32B

This map shows which countries export or import more of Furniture parts, wood. Each country is colored based on the difference in exports and imports of Furniture parts, wood during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Furniture parts, wood were China ($1.25B), Italy ($1.14B), Poland ($471M), Vietnam ($408M), and Lithuania ($229M).

In 2023, the countries that had a largest trade value in imports than in exports of Furniture parts, wood were United States ($1.32B), United Kingdom ($533M), France ($454M), Netherlands ($201M), and Japan ($149M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Furniture parts, wood by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms