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940171 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.97BRnk 471 / 4644
2023
Top Exporter | Top Importer $4.76B | $1.72BChina | United States
2023
Product Complexity 0.09Rnk 2404 / 4656
2022 - 2023
Export Growth (CAGR) -12.1%Rnk 2936 / 4644
2023
Share of World Trade 0.035%Rnk 471 / 4644

About

Overview This page contains the latest trade data of Seats with metal frames, upholstered nes. In 2023, Seats with metal frames, upholstered nes were the world's 471st most traded product, with a total trade of $7.97B. Between 2022 and 2023 the exports of Seats with metal frames, upholstered nes decreased by -12.1%, from $9.07B to $7.97B. Trade in Seats with metal frames, upholstered nes represent 0.035% of total world trade.

Seats with metal frames, upholstered nes are a part of Seats.

Exports In 2023 the top exporters of Seats with metal frames, upholstered nes  were China ($4.76B), Italy ($586M), Poland ($333M), Germany ($322M), and Vietnam ($276M).

Imports In 2023 the top importers of Seats with metal frames, upholstered nes were United States ($1.72B), Germany ($595M), France ($382M), Netherlands ($336M), and United Kingdom ($335M).

Ranking Seats with metal frames, upholstered nes ranks 2404th in the Product Complexity Index (PCI).

Description Metal frames can be found in many offices for people to sit in. They are typically used in waiting areas and waiting chairs.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Seats with metal frames, upholstered 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.

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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 (2023)China$4.76B
Top Destination (2023)United States$1.72B

In 2023 Seats with metal frames, upholstered nes were the world's 471st most traded product (out of 4,644).

In 2023, the top exporters of Seats with metal frames, upholstered nes were China ($4.76B), Italy ($586M), Poland ($333M), Germany ($322M), and Vietnam ($276M).

In 2023, the top importers of Seats with metal frames, upholstered nes were United States ($1.72B), Germany ($595M), France ($382M), Netherlands ($336M), and United Kingdom ($335M).

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Exporters of Seats with metal frames, upholstered nes (2023)
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Importers of Seats with metal frames, upholstered nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$11M
Top Destination Growth (2022 -  2023)South Korea$169M

Between 2022 and 2023, the exports of Seats with metal frames, upholstered nes grew the fastest in Poland ($11M), North Macedonia ($10.8M), Spain ($10.8M), Mexico ($8.74M), and Romania ($6.65M).

Between 2022 and 2023, the fastest growing importers of Seats with metal frames, upholstered nes were South Korea ($169M), Vietnam ($93.9M), Nigeria ($22M), Russia ($17.3M), and Libya ($11.5M).

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Exporters of Seats with metal frames, upholstered nes (2022 - 2023)

Importers of Seats with metal frames, upholstered nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seats with metal frames, upholstered nes.

In 2023, market concentration measured using Shannon Entropy, was 2.8. This means that most of the exports of Seats with metal frames, upholstered nes are explained by 6 countries.

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Value of Exports in Seats with metal frames, upholstered nes

Net Trade

TOP NET EXPORTER (2023)China$4.68B
TOP NET IMPORTER (2023)United States$1.61B

This map shows which countries export or import more of Seats with metal frames, upholstered nes. Each country is colored based on the difference in exports and imports of Seats with metal frames, upholstered nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Seats with metal frames, upholstered nes were China ($4.68B), Italy ($481M), Poland ($174M), Vietnam ($137M), and Lithuania ($41.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Seats with metal frames, upholstered nes were United States ($1.61B), France ($326M), United Kingdom ($291M), Germany ($273M), and South Korea ($269M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Seats with metal frames, upholstered nes by percentage of total exports

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 (2023)

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