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Furniture; parts, of wood

940391 (Harmonized System 2022 for 6-digit)

2022
World Trade $8.03BRnk 493 / 5606
2022
Top Exporter | Top Importer $1.79B | $1.77BChina | United States
2022
Product Complexity 0.52Rnk 1931 / 5606
2022
Share of World Trade 0.034%Rnk 493 / 5606

About

Overview This page contains the latest trade data of Furniture parts, wood. In 2022, Furniture parts, wood were the world's 493rd most traded product, with a total trade of $8.03B.

Furniture parts, wood are a part of Other Furniture.

Exports In 2022 the top exporters of Furniture parts, wood  were China ($1.79B), Italy ($1.44B), Germany ($801M), Vietnam ($664M), and Poland ($560M).

Imports In 2022 the top importers of Furniture parts, wood were United States ($1.77B), Germany ($876M), United Kingdom ($590M), France ($561M), and Canada ($256M).

Ranking Furniture parts, wood ranks 1931st 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 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.

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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$1.79B
Top Destination (2022)United States$1.77B

In 2022 Furniture parts, wood were the world's 493rd most traded product (out of 5,606).

In 2022, the top exporters of Furniture parts, wood were China ($1.79B), Italy ($1.44B), Germany ($801M), Vietnam ($664M), and Poland ($560M).

In 2022, the top importers of Furniture parts, wood were United States ($1.77B), Germany ($876M), United Kingdom ($590M), France ($561M), and Canada ($256M).

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Exporters of Furniture parts, wood (2022)
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Importers of Furniture parts, wood (2022)
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Market Dynamics

Color
Top Origin Growth (false -  2022)China$1.79B
Top Destination Growth (false -  2022)United States$1.77B

Between false and 2022, the exports of Furniture parts, wood grew the fastest in China ($1.79B), Italy ($1.44B), Germany ($801M), Vietnam ($664M), and Poland ($560M).

Between false and 2022, the fastest growing importers of Furniture parts, wood were United States ($1.77B), Germany ($876M), United Kingdom ($590M), France ($561M), and Canada ($256M).

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Exporters of Furniture parts, wood (NaN - 2022)

Importers of Furniture parts, wood (NaN - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Furniture parts, wood are explained by 16 countries.

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Value of Exports in Furniture parts, wood

Net Trade

TOP NET EXPORTER (2022)China$1.73B
TOP NET IMPORTER (2022)United States$1.6B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Furniture parts, wood were China ($1.73B), Italy ($1.25B), Vietnam ($560M), Poland ($398M), and Lithuania ($225M).

In 2022, the countries that had a largest trade value in imports than in exports of Furniture parts, wood were United States ($1.6B), United Kingdom ($557M), France ($486M), Hong Kong ($199M), and Netherlands ($190M).

Net Trade (2022)

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

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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