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Furniture and parts thereof, n.e.c. in chapter 94

9403 (Harmonized System 1992 for 4-digit)

2022
World Trade $112BRnk 29 / 1218
2022
Top Exporter | Top Importer $36.6B | $31.4BChina | United States
2022
Product Complexity 0.27Rnk 473 / 1033
2021 - 2022
Export Growth (CAGR) 1.29%Rnk 804 / 1218
2022
Share of World Trade 0.47%Rnk 29 / 1218

About

Overview This page contains the latest trade data of Other Furniture. In 2022, Other Furniture were the world's 29th most traded product, with a total trade of $112B. Between 2021 and 2022 the exports of Other Furniture grew by 1.29%, from $111B to $112B. Trade in Other Furniture represent 0.47% of total world trade.

Other Furniture are a part of Furniture, bedding, lamps, & prefab buildings. They include Furniture, wooden, nes, Furniture, metal, nes, Furniture parts nes, Bedroom furniture, wooden, nes, Kitchen furniture, wooden, nes, Office furniture, wooden, nes, Furniture of cane, materials nes, Office furniture, metal, nes, and Furniture, plastic, nes.

Exports In 2022 the top exporters of Other Furniture  were China ($36.6B), Vietnam ($9.13B), Germany ($8.79B), Italy ($8.26B), and Poland ($6.66B).

Imports In 2022 the top importers of Other Furniture were United States ($31.4B), Germany ($8.81B), France ($6.68B), United Kingdom ($5.63B), and Canada ($3.74B).

Ranking Other Furniture ranks 473rd in the Product Complexity Index (PCI).

Description Furniture is used to make things like tables, chairs, and beds. Furniture can be made from a variety of materials, including wood, metal, plastic, and fabric.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Other Furniture. 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$36.6B
Top Destination (2022)United States$31.4B

In 2022 Other Furniture were the world's 29th most traded product (out of 1,218).

In 2022, the top exporters of Other Furniture were China ($36.6B), Vietnam ($9.13B), Germany ($8.79B), Italy ($8.26B), and Poland ($6.66B).

In 2022, the top importers of Other Furniture were United States ($31.4B), Germany ($8.81B), France ($6.68B), United Kingdom ($5.63B), and Canada ($3.74B).

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Exporters of Other Furniture (2022)
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Importers of Other Furniture (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$808M
Top Destination Growth (2021 -  2022)United States$1.7B

Between 2021 and 2022, the exports of Other Furniture grew the fastest in Vietnam ($808M), Canada ($521M), United States ($357M), China ($320M), and Italy ($290M).

Between 2021 and 2022, the fastest growing importers of Other Furniture were United States ($1.7B), Singapore ($428M), Canada ($285M), Philippines ($172M), and Hong Kong ($154M).

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Exporters of Other Furniture (2021 - 2022)

Importers of Other Furniture (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Furniture.

In 2022, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Other Furniture are explained by 17 countries.

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Value of Exports in Other Furniture

Net Trade

TOP NET EXPORTER (2022)China$35.7B
TOP NET IMPORTER (2022)United States$28.9B

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

In 2022, the countries that had a largest trade value in exports than in imports of Other Furniture were China ($35.7B), Vietnam ($8.5B), Italy ($6.56B), Poland ($5.01B), and Turkey ($2.23B).

In 2022, the countries that had a largest trade value in imports than in exports of Other Furniture were United States ($28.9B), France ($5.2B), United Kingdom ($4.55B), Japan ($2.98B), and Australia ($2.46B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Other Furniture, disaggragated by their HS6 level were Furniture, wooden, nes ($31.6B), Furniture, metal, nes ($24.8B), Furniture parts nes ($18.5B), Bedroom furniture, wooden, nes ($12.2B), and Kitchen furniture, wooden, nes ($9.39B)

HS6 Disaggregation for Other Furniture (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Other Furniture by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $402M
TOP IMPORT POTENTIALVietnam+ $121M

Other Furniture’s highest export potential is Germany. With an export gap of $402M.  Other Furniture’s highest import potential is Vietnam with an import gap of $121M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Furniture.

Country by Relatedness

The following visualization shows the relatedness of Other Furniture to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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