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442010 (Harmonized System 1992 for 6-digit)

2023
World Trade $916MRnk 2208 / 4644
2023
Top Exporter | Top Importer $578M | $356MChina | United States
2023
Product Complexity -1.05Rnk 3868 / 4656
2022 - 2023
Export Growth (CAGR) -21.7%Rnk 3806 / 4644
2023
Share of World Trade 0.0041%Rnk 2208 / 4644

About

Overview This page contains the latest trade data of Statuettes and other ornaments of wood. In 2023, Statuettes and other ornaments of wood were the world's 2208th most traded product, with a total trade of $916M. Between 2022 and 2023 the exports of Statuettes and other ornaments of wood decreased by -21.7%, from $1.17B to $916M. Trade in Statuettes and other ornaments of wood represent 0.0041% of total world trade.

Statuettes and other ornaments of wood are a part of Wood Ornaments.

Exports In 2023 the top exporters of Statuettes and other ornaments of wood  were China ($578M), India ($61.8M), Indonesia ($48.7M), Netherlands ($37.3M), and Italy ($26.8M).

Imports In 2023 the top importers of Statuettes and other ornaments of wood were United States ($356M), Germany ($94.3M), Netherlands ($79.1M), France ($47.6M), and Japan ($40.9M).

Ranking Statuettes and other ornaments of wood ranks 3868th in the Product Complexity Index (PCI).

Description Wood is a material that is often used for statuettes and ornaments due to its natural qualities that often make it the best material for this. Wood often has a natural color that can be dyed any color and it is also light, which makes it easy to sculpt with. Wood is also a material that is very durable, which is great for these kind of ornaments.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Statuettes and other ornaments of wood. 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$578M
Top Destination (2023)United States$356M

In 2023 Statuettes and other ornaments of wood were the world's 2208th most traded product (out of 4,644).

In 2023, the top exporters of Statuettes and other ornaments of wood were China ($578M), India ($61.8M), Indonesia ($48.7M), Netherlands ($37.3M), and Italy ($26.8M).

In 2023, the top importers of Statuettes and other ornaments of wood were United States ($356M), Germany ($94.3M), Netherlands ($79.1M), France ($47.6M), and Japan ($40.9M).

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Exporters of Statuettes and other ornaments of wood (2023)
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Importers of Statuettes and other ornaments of wood (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$8.3M
Top Destination Growth (2022 -  2023)South Korea$5.68M

Between 2022 and 2023, the exports of Statuettes and other ornaments of wood grew the fastest in Italy ($8.3M), Netherlands ($4.76M), France ($3.72M), Spain ($1.38M), and Hong Kong ($542k).

Between 2022 and 2023, the fastest growing importers of Statuettes and other ornaments of wood were South Korea ($5.68M), Netherlands ($3.42M), Kazakhstan ($1.95M), Hong Kong ($1.79M), and Poland ($1.13M).

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Exporters of Statuettes and other ornaments of wood (2022 - 2023)

Importers of Statuettes and other ornaments of wood (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Statuettes and other ornaments of wood.

In 2023, market concentration measured using Shannon Entropy, was 2.56. This means that most of the exports of Statuettes and other ornaments of wood are explained by 5 countries.

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Value of Exports in Statuettes and other ornaments of wood

Net Trade

TOP NET EXPORTER (2023)China$564M
TOP NET IMPORTER (2023)United States$351M

This map shows which countries export or import more of Statuettes and other ornaments of wood. Each country is colored based on the difference in exports and imports of Statuettes and other ornaments of wood during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Statuettes and other ornaments of wood were China ($564M), India ($60.2M), Indonesia ($48.6M), Vietnam ($20.8M), and Italy ($13.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Statuettes and other ornaments of wood were United States ($351M), Germany ($69M), Netherlands ($41.9M), Japan ($36.4M), and France ($33.6M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Statuettes and other ornaments of wood 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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