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841891 (Harmonized System 1992 for 6-digit)

2022
World Trade $303MRnk 3405 / 4648
2022
Top Exporter | Top Importer $48.5M | $28.8MChina | United States
2022
Product Complexity -0.051Rnk 2591 / 4653
2021 - 2022
Export Growth (CAGR) 7.13%Rnk 1945 / 4648
2022
Share of World Trade 0.0013%Rnk 3405 / 4648

About

Overview This page contains the latest trade data of Furniture to take refrigerating/freezing equipment. In 2022, Furniture to take refrigerating/freezing equipment were the world's 3405th most traded product, with a total trade of $303M. Between 2021 and 2022 the exports of Furniture to take refrigerating/freezing equipment grew by 7.13%, from $283M to $303M. Trade in Furniture to take refrigerating/freezing equipment represent 0.0013% of total world trade.

Furniture to take refrigerating/freezing equipment are a part of Refrigerators.

Exports In 2022 the top exporters of Furniture to take refrigerating/freezing equipment  were China ($48.5M), Germany ($28.9M), Portugal ($24.9M), Italy ($24.8M), and United States ($24.8M).

Imports In 2022 the top importers of Furniture to take refrigerating/freezing equipment were United States ($28.8M), United Kingdom ($20.8M), Canada ($16.6M), France ($13.5M), and Australia ($12.8M).

Ranking Furniture to take refrigerating/freezing equipment ranks 2591st in the Product Complexity Index (PCI).

Description Furniture is used to hold refrigerating/freezing equipment, such as a refrigerator or freezer.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Furniture to take refrigerating/freezing equipment. 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$48.5M
Top Destination (2022)United States$28.8M

In 2022 Furniture to take refrigerating/freezing equipment were the world's 3405th most traded product (out of 4,648).

In 2022, the top exporters of Furniture to take refrigerating/freezing equipment were China ($48.5M), Germany ($28.9M), Portugal ($24.9M), Italy ($24.8M), and United States ($24.8M).

In 2022, the top importers of Furniture to take refrigerating/freezing equipment were United States ($28.8M), United Kingdom ($20.8M), Canada ($16.6M), France ($13.5M), and Australia ($12.8M).

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Exporters of Furniture to take refrigerating/freezing equipment (2022)
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Importers of Furniture to take refrigerating/freezing equipment (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$10.6M
Top Destination Growth (2021 -  2022)Vietnam$9.55M

Between 2021 and 2022, the exports of Furniture to take refrigerating/freezing equipment grew the fastest in United States ($10.6M), Netherlands ($9.53M), China ($6.95M), Portugal ($4.86M), and Malaysia ($4.41M).

Between 2021 and 2022, the fastest growing importers of Furniture to take refrigerating/freezing equipment were Vietnam ($9.55M), Canada ($5M), Argentina ($3.68M), Brazil ($2.35M), and Japan ($2.06M).

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Exporters of Furniture to take refrigerating/freezing equipment (2021 - 2022)

Importers of Furniture to take refrigerating/freezing equipment (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furniture to take refrigerating/freezing equipment.

In 2022, market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Furniture to take refrigerating/freezing equipment are explained by 20 countries.

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Value of Exports in Furniture to take refrigerating/freezing equipment

Net Trade

TOP NET EXPORTER (2022)China$46.9M
TOP NET IMPORTER (2022)United Kingdom$18.6M

This map shows which countries export or import more of Furniture to take refrigerating/freezing equipment. Each country is colored based on the difference in exports and imports of Furniture to take refrigerating/freezing equipment during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Furniture to take refrigerating/freezing equipment were China ($46.9M), Italy ($22.4M), Germany ($19.6M), Portugal ($19.1M), and Turkey ($13.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Furniture to take refrigerating/freezing equipment were United Kingdom ($18.6M), Australia ($12.6M), Vietnam ($11.7M), Japan ($8.36M), and Canada ($5.43M).

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 to take refrigerating/freezing equipment.
It is possible to select the main countries that export or import Furniture to take refrigerating/freezing equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Furniture to take refrigerating/freezing equipment 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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