Overview This page contains the latest trade data of Furniture. In 2019, Furniture were the world's 12th most traded product, with a total trade of $257B. Between 2018 and 2019 the exports of Furniture grew by 0.16%, from $256B to $257B. Trade in Furniture represent 1.42% of total world trade.

Exports In 2019 the top exporters of Furniture  were China ($96.4B), Germany ($17.1B), Poland ($14.7B), Italy ($13.8B), and Mexico ($11B).

Imports In 2019 the top importers of Furniture were United States ($63.1B), Germany ($22.5B), France ($14B), United Kingdom ($12.2B), and Canada ($9.52B).

Tariffs In 2018 the average tariff for Furniture was 13.4%, making it the 29th lowest tariff using the HS2 product classification.

The countries with the highest import tariffs for Furniture are Bhutan (45.9%), Syria (41.3%), Iran (35.4%), and Cape Verde (30.7%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Japan (0.33%).

Ranking Furniture ranks 15th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $96.4B

Top Destination (2019): United States, $63.1B

Furniture are the world's 12th most traded product.

In 2019, the top exporters of Furniture were China ($96.4B), Germany ($17.1B), Poland ($14.7B), Italy ($13.8B), and Mexico ($11B).

In 2019, the top importers of Furniture were United States ($63.1B), Germany ($22.5B), France ($14B), United Kingdom ($12.2B), and Canada ($9.52B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $2.28B

Top Destination Growth (2018 - 2019): Saudi Arabia, $676M

Between 2018 and 2019, the exports of Furniture grew the fastest in Vietnam ($2.28B), Turkey ($686M), Cambodia ($453M), Malaysia ($342M), and Indonesia ($277M).

Between 2018 and 2019, the fastest growing importers of Furniture were Saudi Arabia ($676M), Malaysia ($653M), Vietnam ($595M), United Kingdom ($386M), and Philippines ($327M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Furniture.

In 2019,  market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Furniture are explained by 16 countries.

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TOP NET EXPORTER (2019): China, $93.1B

TOP NET IMPORTER (2019): United States, $53.4B

This map shows which countries export or import more of Furniture. Each country is colored based on the difference in exports and imports of Furniture during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Furniture were China ($93.1B), Poland ($10.2B), Italy ($9.68B), Vietnam ($8.19B), and Mexico ($7.26B).

In 2019, the countries that had a largest trade value in imports than in exports of Furniture were United States ($53.4B), France ($10B), United Kingdom ($8.21B), Japan ($6.93B), and Germany ($5.38B).

Disaggregation

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Value
Disaggregation

In 2019, the world most traded Furniture, disaggragated by their HS6 level were Parts of seats ($31.3B), Furniture, wooden, nes ($25.7B), Electric lamps, lighting fittings, nes ($22B), Seats with wooden frames, upholstered nes ($18.4B), and Furniture, metal, nes ($17.7B)

Import Tariffs

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In 2018, the average tariff for importing Furniture was 13.4%. The countries with the highest tariffs for importing Furniture were Bhutan (45.9%), Syria (41.3%), Iran (35.4%), and Cape Verde (30.7%).

Product Complexity

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Diversification Frontier

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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.