Kitchen furniture, wooden, nes940340 (Harmonized System 1992 for 6-digit)
2020 World Trade: $7.29B, Rnk 408 / 4613
2020 Top Exporter | Top Importer: $2.26B | $1.99B, Germany | United States
2020 Product Complexity: 0.17, Rnk 2247 / 4783
2019 - 2020 Export Growth (CAGR): 1.07%, Rnk 1074 / 4613
2018 Mean Tariff: 15.1%, Rnk 1047 / 6538
2020 Share of World Trade: 0.044%, Rnk 408 / 4613
Overview This page contains the latest trade data of Kitchen furniture, wooden, nes. In 2020, Kitchen furniture, wooden, nes were the world's 408th most traded product, with a total trade of $7.29B. Between 2019 and 2020 the exports of Kitchen furniture, wooden, nes grew by 1.07%, from $7.21B to $7.29B. Trade in Kitchen furniture, wooden, nes represent 0.044% of total world trade.
Kitchen furniture, wooden, nes are a part of Other Furniture.
Exports In 2020 the top exporters of Kitchen furniture, wooden, nes were Germany ($2.26B), Italy ($840M), China ($751M), Vietnam ($641M), and Malaysia ($516M).
Imports In 2020 the top importers of Kitchen furniture, wooden, nes were United States ($1.99B), France ($939M), Netherlands ($439M), Switzerland ($321M), and Belgium ($274M).
Tariffs In 2018 the average tariff for Kitchen furniture, wooden, nes was 15.1%, making it the 1047th lowest tariff using the HS6 product classification.
Ranking Kitchen furniture, wooden, nes ranks 2247th in the Product Complexity Index (PCI).
Description Kitchen furniture, wooden is used for food preparation, cooking, and storage of food.
The following visualization shows the latest trends on Kitchen furniture, wooden, 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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Germany, $2.26B
Top Destination (2020): United States, $1.99B
Kitchen furniture, wooden, nes are the world's 408th most traded product.
In 2020, the top exporters of Kitchen furniture, wooden, nes were Germany ($2.26B), Italy ($840M), China ($751M), Vietnam ($641M), and Malaysia ($516M).
In 2020, the top importers of Kitchen furniture, wooden, nes were United States ($1.99B), France ($939M), Netherlands ($439M), Switzerland ($321M), and Belgium ($274M).
Trade by country
Top Origin Growth (2019 - 2020): Vietnam, $333M
Top Destination Growth (2019 - 2020): Malaysia, $163M
Between 2019 and 2020, the exports of Kitchen furniture, wooden, nes grew the fastest in Vietnam ($333M), Malaysia ($303M), Indonesia ($83.3M), Thailand ($60.5M), and Poland ($27.4M).
Between 2019 and 2020, the fastest growing importers of Kitchen furniture, wooden, nes were Malaysia ($163M), United States ($118M), Netherlands ($48.1M), Germany ($31.2M), and France ($30.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Kitchen furniture, wooden, nes.
In 2020, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Kitchen furniture, wooden, nes are explained by 14 countries.
TOP NET EXPORTER (2020): Germany, $2.06B
TOP NET IMPORTER (2020): United States, $1.92B
This map shows which countries export or import more of Kitchen furniture, wooden, nes. Each country is colored based on the difference in exports and imports of Kitchen furniture, wooden, nes during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Kitchen furniture, wooden, nes were Germany ($2.06B), Italy ($787M), Vietnam ($634M), China ($603M), and Malaysia ($249M).
In 2020, the countries that had a largest trade value in imports than in exports of Kitchen furniture, wooden, nes were United States ($1.92B), France ($859M), Netherlands ($409M), Switzerland ($315M), and Norway ($256M).
This visualization shows the countries that have an important ratio of their trade related to Kitchen furniture, wooden, nes. It is possible to select the main countries that export or import Kitchen furniture, wooden, nes in the world, or by continent, as well as select the measure of interest.
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.
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