Kitchen furniture, wooden, nes940340 (Harmonized System 1992 for 6-digit)
2021 World Trade: $8.89B, Rnk 424 / 4641
2021 Top Exporter | Top Importer: $2.86B | $2.44B, Germany | United States
2021 Product Complexity: 0.0031, Rnk 2505 / 4648
2020 - 2021 Export Growth (CAGR): 21.2%, Rnk 2219 / 4641
2018 Mean Tariff: 15.1%, Rnk 1047 / 6538
2021 Share of World Trade: 0.042%, Rnk 424 / 4641
Overview This page contains the latest trade data of Kitchen furniture, wooden, nes. In 2021, Kitchen furniture, wooden, nes were the world's 424th most traded product, with a total trade of $8.89B. Between 2020 and 2021 the exports of Kitchen furniture, wooden, nes grew by 21.2%, from $7.34B to $8.89B. Trade in Kitchen furniture, wooden, nes represent 0.042% of total world trade.
Kitchen furniture, wooden, nes are a part of Other Furniture.
Exports In 2021 the top exporters of Kitchen furniture, wooden, nes were Germany ($2.86B), Italy ($973M), China ($864M), Vietnam ($792M), and Malaysia ($541M).
Imports In 2021 the top importers of Kitchen furniture, wooden, nes were United States ($2.44B), France ($1.17B), Netherlands ($544M), Switzerland ($367M), and United Kingdom ($355M).
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 2505th 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 (2021): Germany, $2.86B
Top Destination (2021): United States, $2.44B
Kitchen furniture, wooden, nes are the world's 424th most traded product.
In 2021, the top exporters of Kitchen furniture, wooden, nes were Germany ($2.86B), Italy ($973M), China ($864M), Vietnam ($792M), and Malaysia ($541M).
In 2021, the top importers of Kitchen furniture, wooden, nes were United States ($2.44B), France ($1.17B), Netherlands ($544M), Switzerland ($367M), and United Kingdom ($355M).
Trade by country
Top Origin Growth (2020 - 2021): Germany, $595M
Top Destination Growth (2020 - 2021): United States, $444M
Between 2020 and 2021, the exports of Kitchen furniture, wooden, nes grew the fastest in Germany ($595M), Vietnam ($147M), Italy ($134M), Mexico ($106M), and China ($72.5M).
Between 2020 and 2021, the fastest growing importers of Kitchen furniture, wooden, nes were United States ($444M), France ($227M), United Kingdom ($161M), Netherlands ($105M), and Spain ($66.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Kitchen furniture, wooden, nes.
In 2021, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Kitchen furniture, wooden, nes are explained by 14 countries.
TOP NET EXPORTER (2021): Germany, $2.61B
TOP NET IMPORTER (2021): United States, $2.36B
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 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Kitchen furniture, wooden, nes were Germany ($2.61B), Italy ($906M), Vietnam ($786M), China ($705M), and Malaysia ($285M).
In 2021, the countries that had a largest trade value in imports than in exports of Kitchen furniture, wooden, nes were United States ($2.36B), France ($1.05B), Netherlands ($499M), Switzerland ($361M), and Belgium ($323M).
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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