940370 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Furniture, plastic, nes. In 2022, Furniture, plastic, nes were the world's 1044th most traded product, with a total trade of $3.47B. Between 2021 and 2022 the exports of Furniture, plastic, nes decreased by -1.21%, from $3.51B to $3.47B. Trade in Furniture, plastic, nes represent 0.015% of total world trade.

Furniture, plastic, nes are a part of Other Furniture.

Exports In 2022 the top exporters of Furniture, plastic, nes  were China ($1.76B), Italy ($250M), Israel ($151M), Canada ($151M), and United States ($144M).

Imports In 2022 the top importers of Furniture, plastic, nes were United States ($892M), Canada ($191M), France ($175M), United Kingdom ($167M), and Germany ($166M).

Ranking Furniture, plastic, nes ranks 3552nd in the Product Complexity Index (PCI).

Description Furniture is used for people to sit, sleep, or eat at. Furniture can have many different designs and functions depending on the needs of its user. Plastic is used as a material for many different products. Plastic is durable, inexpensive, and lightweight. Plastic is used to make many different products, such as trash bags, cups, and bottles.

Latest Data

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The following visualization shows the latest trends on Furniture, plastic, 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$1.76B
Top Destination (2022)United States$892M

In 2022 Furniture, plastic, nes were the world's 1044th most traded product (out of 4,648).

In 2022, the top exporters of Furniture, plastic, nes were China ($1.76B), Italy ($250M), Israel ($151M), Canada ($151M), and United States ($144M).

In 2022, the top importers of Furniture, plastic, nes were United States ($892M), Canada ($191M), France ($175M), United Kingdom ($167M), and Germany ($166M).

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Exporters of Furniture, plastic, nes (2022)
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Importers of Furniture, plastic, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$73.8M
Top Destination Growth (2021 -  2022)Malaysia$32M

Between 2021 and 2022, the exports of Furniture, plastic, nes grew the fastest in China ($73.8M), Canada ($23.6M), United States ($14.2M), Turkey ($13.4M), and Poland ($11M).

Between 2021 and 2022, the fastest growing importers of Furniture, plastic, nes were Malaysia ($32M), Philippines ($23.5M), Singapore ($21M), United States ($20.8M), and Mexico ($11.6M).

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Exporters of Furniture, plastic, nes (2021 - 2022)

Importers of Furniture, plastic, nes (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Furniture, plastic, nes are explained by 10 countries.

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Value of Exports in Furniture, plastic, nes

Net Trade

TOP NET EXPORTER (2022)China$1.75B
TOP NET IMPORTER (2022)United States$749M

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

In 2022, the countries that had a largest trade value in exports than in imports of Furniture, plastic, nes were China ($1.75B), Italy ($208M), Israel ($132M), Turkey ($84.2M), and Poland ($57.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Furniture, plastic, nes were United States ($749M), France ($136M), United Kingdom ($115M), Australia ($85.3M), and Saudi Arabia ($75.9M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Furniture, plastic, 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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