HS Icon Office furniture, metal, nes

940310 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Office furniture, metal, nes. In 2020, Office furniture, metal, nes were the world's 1004th most traded product, with a total trade of $2.77B. Between 2019 and 2020 the exports of Office furniture, metal, nes decreased by -10.6%, from $3.09B to $2.77B. Trade in Office furniture, metal, nes represent 0.017% of total world trade.

Office furniture, metal, nes are a part of Other Furniture.

Exports In 2020 the top exporters of Office furniture, metal, nes  were China ($695M), Canada ($387M), Germany ($199M), Italy ($153M), and United States ($134M).

Imports In 2020 the top importers of Office furniture, metal, nes were United States ($801M), Germany ($194M), France ($167M), Canada ($142M), and Netherlands ($95.1M).

Tariffs In 2018 the average tariff for Office furniture, metal, nes was 13.5%, making it the 1426th lowest tariff using the HS6 product classification.

Ranking Office furniture, metal, nes ranks 1261st in the Product Complexity Index (PCI).

Description Office furniture is commonly made of materials such as metal, plastic, and wood. The furniture is often used for common tasks such as office work, meetings, and conferences.

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The following visualization shows the latest trends on Office furniture, metal, 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $695M

Top Destination (2020): United States, $801M

Office furniture, metal, nes are the world's 1004th most traded product.

In 2020, the top exporters of Office furniture, metal, nes were China ($695M), Canada ($387M), Germany ($199M), Italy ($153M), and United States ($134M).

In 2020, the top importers of Office furniture, metal, nes were United States ($801M), Germany ($194M), France ($167M), Canada ($142M), and Netherlands ($95.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Vietnam, $29.7M

Top Destination Growth (2019 - 2020): Germany, $12.1M

Between 2019 and 2020, the exports of Office furniture, metal, nes grew the fastest in Vietnam ($29.7M), Chinese Taipei ($14.4M), Lithuania ($6.12M), Belgium ($5.86M), and Belarus ($3.92M).

Between 2019 and 2020, the fastest growing importers of Office furniture, metal, nes were Germany ($12.1M), Italy ($11M), Saudi Arabia ($9.51M), Switzerland ($4.02M), and South Korea ($3.82M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Office furniture, metal, nes.

In 2020,  market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Office furniture, metal, nes are explained by 18 countries.

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TOP NET EXPORTER (2020): China, $673M

TOP NET IMPORTER (2020): United States, $667M

This map shows which countries export or import more of Office furniture, metal, nes. Each country is colored based on the difference in exports and imports of Office furniture, metal, nes during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Office furniture, metal, nes were China ($673M), Canada ($245M), Chinese Taipei ($128M), Italy ($104M), and Turkey ($90.7M).

In 2020, the countries that had a largest trade value in imports than in exports of Office furniture, metal, nes were United States ($667M), France ($129M), Australia ($57.8M), Switzerland ($53M), and Japan ($52.4M).

Country Comparison

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

Product Complexity

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Diversification Frontier

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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.