Plastic fittings for furniture, coachwork392630 (Harmonized System 1992 for 6-digit)
2021 World Trade: $4.97B, Rnk 725 / 4641
2021 Top Exporter | Top Importer: $870M | $734M, Germany | United States
2021 Product Complexity: 0.76, Rnk 1160 / 4648
2020 - 2021 Export Growth (CAGR): 18%, Rnk 2612 / 4641
2018 Mean Tariff: 14.1%, Rnk 1289 / 6538
2021 Share of World Trade: 0.00024%, Rnk 725 / 4641
Overview This page contains the latest trade data of Plastic fittings for furniture, coachwork. In 2021, Plastic fittings for furniture, coachwork were the world's 725th most traded product, with a total trade of $4.97B. Between 2020 and 2021 the exports of Plastic fittings for furniture, coachwork grew by 18%, from $4.21B to $4.97B. Trade in Plastic fittings for furniture, coachwork represent 0.00024% of total world trade.
Plastic fittings for furniture, coachwork are a part of Other Plastic Products.
Exports In 2021 the top exporters of Plastic fittings for furniture, coachwork were Germany ($870M), China ($740M), Poland ($505M), Slovakia ($297M), and United States ($275M).
Imports In 2021 the top importers of Plastic fittings for furniture, coachwork were United States ($734M), Germany ($583M), Czechia ($268M), Mexico ($256M), and China ($247M).
Tariffs In 2018 the average tariff for Plastic fittings for furniture, coachwork was 14.1%, making it the 1289th lowest tariff using the HS6 product classification.
Ranking Plastic fittings for furniture, coachwork ranks 1160th in the Product Complexity Index (PCI).
Description There are many different types of plastic fittings and they are used in a variety of ways. For example, a furniture maker might use plastic fittings to create metal furniture. The furniture maker would use plastic fittings to create the joints and furniture components to create a sturdy frame for the furniture. A coach builder might use plastic fittings to create the joints and screws for the frame of a coach.
The following visualization shows the latest trends on Plastic fittings for furniture, coachwork. 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, $870M
Top Destination (2021): United States, $734M
Plastic fittings for furniture, coachwork are the world's 725th most traded product.
In 2021, the top exporters of Plastic fittings for furniture, coachwork were Germany ($870M), China ($740M), Poland ($505M), Slovakia ($297M), and United States ($275M).
In 2021, the top importers of Plastic fittings for furniture, coachwork were United States ($734M), Germany ($583M), Czechia ($268M), Mexico ($256M), and China ($247M).
Trade by country
Top Origin Growth (2020 - 2021): China, $193M
Top Destination Growth (2020 - 2021): United States, $120M
Between 2020 and 2021, the exports of Plastic fittings for furniture, coachwork grew the fastest in China ($193M), Germany ($111M), Slovakia ($89.3M), Poland ($62M), and Czechia ($36.8M).
Between 2020 and 2021, the fastest growing importers of Plastic fittings for furniture, coachwork were United States ($120M), Germany ($117M), Czechia ($51.3M), China ($39.6M), and Vietnam ($37.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Plastic fittings for furniture, coachwork.
In 2021, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Plastic fittings for furniture, coachwork are explained by 19 countries.
TOP NET EXPORTER (2021): China, $493M
TOP NET IMPORTER (2021): United States, $459M
This map shows which countries export or import more of Plastic fittings for furniture, coachwork. Each country is colored based on the difference in exports and imports of Plastic fittings for furniture, coachwork during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Plastic fittings for furniture, coachwork were China ($493M), Poland ($318M), Germany ($287M), South Korea ($134M), and Portugal ($111M).
In 2021, the countries that had a largest trade value in imports than in exports of Plastic fittings for furniture, coachwork were United States ($459M), Spain ($172M), United Kingdom ($88.6M), Mexico ($83.1M), and Russia ($76.3M).
This visualization shows the countries that have an important ratio of their trade related to Plastic fittings for furniture, coachwork. It is possible to select the main countries that export or import Plastic fittings for furniture, coachwork 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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