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Vegetable plaiting materials; vegetable products not elsewhere specified or included

14 (Harmonized System 1992 for 2-digit)

2023
World Trade $1.82BRnk 95 / 96
2023
Top Exporter | Top Importer $477M | $531MIndonesia | Japan
2023
Product Complexity -1.11Rnk 84 / 96
2022 - 2023
Export Growth (CAGR) -12.5%Rnk 77 / 96
2023
Share of World Trade 0.008%Rnk 95 / 96

About

Overview This page contains the latest trade data of Vegetable plaiting materials & products, n.e.s.. In 2023, Vegetable plaiting materials & products, n.e.s. were the world's 95th most traded product, with a total trade of $1.82B. Between 2022 and 2023 the exports of Vegetable plaiting materials & products, n.e.s. decreased by -12.5%, from $2.08B to $1.82B. Trade in Vegetable plaiting materials & products, n.e.s. represent 0.008% of total world trade.

Vegetable plaiting materials & products, n.e.s. are a part of Vegetable Products. They include Other Vegetable Products, Vegetable Plaiting Materials, Vegetable material for brooms and brushes, and Vegetable Stuffing Materials.

Exports In 2023 the top exporters of Vegetable plaiting materials & products, n.e.s.  were Indonesia ($477M), China ($230M), India ($138M), Malaysia ($117M), and Sri Lanka ($103M).

Imports In 2023 the top importers of Vegetable plaiting materials & products, n.e.s. were Japan ($531M), United States ($160M), China ($140M), Netherlands ($74.3M), and Poland ($70.6M).

Ranking Vegetable plaiting materials & products, n.e.s. ranks 84th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Vegetable plaiting materials & products, n.e.s.. 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)Indonesia$477M
Top Destination (2023)Japan$531M

In 2023 Vegetable plaiting materials & products, n.e.s. were the world's 95th most traded product (out of 96).

In 2023, the top exporters of Vegetable plaiting materials & products, n.e.s. were Indonesia ($477M), China ($230M), India ($138M), Malaysia ($117M), and Sri Lanka ($103M).

In 2023, the top importers of Vegetable plaiting materials & products, n.e.s. were Japan ($531M), United States ($160M), China ($140M), Netherlands ($74.3M), and Poland ($70.6M).

Explore Visualizations

Exporters of Vegetable plaiting materials & products, n.e.s. (2023)
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Importers of Vegetable plaiting materials & products, n.e.s. (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$70.9M
Top Destination Growth (2022 -  2023)Japan$127M

Between 2022 and 2023, the exports of Vegetable plaiting materials & products, n.e.s. grew the fastest in Indonesia ($70.9M), Ukraine ($12.5M), South Africa ($6.4M), Mexico ($5.14M), and Peru ($4.7M).

Between 2022 and 2023, the fastest growing importers of Vegetable plaiting materials & products, n.e.s. were Japan ($127M), Malaysia ($5.36M), Hong Kong ($3.96M), Indonesia ($3.54M), and Saudi Arabia ($2.65M).

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Exporters of Vegetable plaiting materials & products, n.e.s. (2022 - 2023)

Importers of Vegetable plaiting materials & products, n.e.s. (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vegetable plaiting materials & products, n.e.s..

In 2023, market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Vegetable plaiting materials & products, n.e.s. are explained by 20 countries.

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Value of Exports in Vegetable plaiting materials & products, n.e.s.

Net Trade

TOP NET EXPORTER (2023)Indonesia$471M
TOP NET IMPORTER (2023)Japan$530M

This map shows which countries export or import more of Vegetable plaiting materials & products, n.e.s.. Each country is colored based on the difference in exports and imports of Vegetable plaiting materials & products, n.e.s. during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vegetable plaiting materials & products, n.e.s. were Indonesia ($471M), Malaysia ($104M), Sri Lanka ($98.5M), China ($90.3M), and India ($89.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Vegetable plaiting materials & products, n.e.s. were Japan ($530M), United States ($137M), Poland ($63.3M), South Korea ($57.6M), and Spain ($36.6M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Vegetable plaiting materials & products, n.e.s., disaggragated by their HS6 level were Other Vegetable Products ($1.59B) and Vegetable Plaiting Materials ($229M)

HS6 Disaggregation for Vegetable plaiting materials & products, n.e.s. (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vegetable plaiting materials & products, n.e.s..
It is possible to select the main countries that export or import Vegetable plaiting materials & products, n.e.s. in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vegetable plaiting materials & products, n.e.s. by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $5.21M
TOP IMPORT POTENTIALChina+ $341k

Vegetable plaiting materials & products, n.e.s.’s highest export potential is China. With an export gap of $5.21M.  Vegetable plaiting materials & products, n.e.s.’s highest import potential is China with an import gap of $341k.

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 (2023)

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