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Wooden frames; for paintings, photographs, mirrors or similar objects

4414 (Harmonized System 1992 for 4-digit)

2023
World Trade $843MRnk 949 / 1217
2023
Top Exporter | Top Importer $471M | $227MChina | United States
2023
Product Complexity -0.25Rnk 651 / 1044
2022 - 2023
Export Growth (CAGR) -6.87%Rnk 636 / 1217
2023
Share of World Trade 0.0037%Rnk 949 / 1217

About

Overview This page contains the latest trade data of Wood Frames. In 2023, Wood Frames were the world's 949th most traded product, with a total trade of $843M. Between 2022 and 2023 the exports of Wood Frames decreased by -6.87%, from $905M to $843M. Trade in Wood Frames represent 0.0037% of total world trade.

Wood Frames are a part of Wood, wood articles, & charcoal. They include Wooden frames for paintings, photographs, mirrors etc.

Exports In 2023 the top exporters of Wood Frames  were China ($471M), Poland ($91.8M), Netherlands ($29.4M), Italy ($22.4M), and Indonesia ($21.7M).

Imports In 2023 the top importers of Wood Frames were United States ($227M), Germany ($80.4M), United Kingdom ($58M), France ($47M), and Netherlands ($36.4M).

Ranking Wood Frames ranks 651st 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 Wood Frames. 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$471M
Top Destination (2023)United States$227M

In 2023 Wood Frames were the world's 949th most traded product (out of 1,217).

In 2023, the top exporters of Wood Frames were China ($471M), Poland ($91.8M), Netherlands ($29.4M), Italy ($22.4M), and Indonesia ($21.7M).

In 2023, the top importers of Wood Frames were United States ($227M), Germany ($80.4M), United Kingdom ($58M), France ($47M), and Netherlands ($36.4M).

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Exporters of Wood Frames (2023)
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Importers of Wood Frames (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$4.39M
Top Destination Growth (2022 -  2023)Netherlands$7.5M

Between 2022 and 2023, the exports of Wood Frames grew the fastest in India ($4.39M), Greece ($3.3M), United States ($2.93M), Latvia ($2.75M), and Estonia ($2.44M).

Between 2022 and 2023, the fastest growing importers of Wood Frames were Netherlands ($7.5M), Hungary ($3.87M), Greece ($2.9M), Czechia ($2.82M), and Thailand ($2.52M).

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Exporters of Wood Frames (2022 - 2023)

Importers of Wood Frames (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wood Frames.

In 2023, market concentration measured using Shannon Entropy, was 2.93. This means that most of the exports of Wood Frames are explained by 7 countries.

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Value of Exports in Wood Frames

Net Trade

TOP NET EXPORTER (2023)China$469M
TOP NET IMPORTER (2023)United States$217M

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

In 2023, the countries that had a largest trade value in exports than in imports of Wood Frames were China ($469M), Poland ($77.9M), Indonesia ($21.3M), India ($17.7M), and Latvia ($10.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Wood Frames were United States ($217M), Germany ($61.2M), United Kingdom ($49.6M), Japan ($30.3M), and France ($29.9M).

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 Wood Frames.
It is possible to select the main countries that export or import Wood Frames in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wood Frames by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $2.17M
TOP IMPORT POTENTIALPoland+ $259k

Wood Frames’s highest export potential is Japan. With an export gap of $2.17M.  Wood Frames’s highest import potential is Poland with an import gap of $259k.

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Wood Frames.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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