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Artificial fur and articles thereof

4304 (Harmonized System 1992 for 4-digit)

2023
World Trade $102MRnk 1169 / 1217
2023
Top Exporter | Top Importer $64.7M | $13.6MChina | South Korea
2022 - 2023
Export Growth (CAGR) 6.71%Rnk 209 / 1217
2023
Share of World Trade 0.00045%Rnk 1169 / 1217

About

Overview This page contains the latest trade data of Artificial Fur. In 2023, Artificial Fur were the world's 1169th most traded product, with a total trade of $102M. Between 2022 and 2023 the exports of Artificial Fur grew by 6.71%, from $95.9M to $102M. Trade in Artificial Fur represent 0.00045% of total world trade.

Artificial Fur are a part of Furskins, articifial fur, & articles. They include Artificial fur and articles thereof.

Exports In 2023 the top exporters of Artificial Fur  were China ($64.7M), Italy ($9.49M), Thailand ($3.71M), Netherlands ($2.4M), and Syria ($2.31M).

Imports In 2023 the top importers of Artificial Fur were South Korea ($13.6M), Italy ($11.2M), Vietnam ($6.19M), Russia ($5.54M), and Germany ($4.85M).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Artificial Fur. 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$64.7M
Top Destination (2023)South Korea$13.6M

In 2023 Artificial Fur were the world's 1169th most traded product (out of 1,217).

In 2023, the top exporters of Artificial Fur were China ($64.7M), Italy ($9.49M), Thailand ($3.71M), Netherlands ($2.4M), and Syria ($2.31M).

In 2023, the top importers of Artificial Fur were South Korea ($13.6M), Italy ($11.2M), Vietnam ($6.19M), Russia ($5.54M), and Germany ($4.85M).

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Exporters of Artificial Fur (2023)
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Importers of Artificial Fur (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$10.9M
Top Destination Growth (2022 -  2023)South Korea$12.3M

Between 2022 and 2023, the exports of Artificial Fur grew the fastest in China ($10.9M), Italy ($2.46M), Armenia ($710k), Thailand ($681k), and Vietnam ($409k).

Between 2022 and 2023, the fastest growing importers of Artificial Fur were South Korea ($12.3M), Russia ($2.7M), India ($1.44M), Ukraine ($1.33M), and Germany ($981k).

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Exporters of Artificial Fur (2022 - 2023)

Importers of Artificial Fur (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Artificial Fur.

In 2023, market concentration measured using Shannon Entropy, was 2.59. This means that most of the exports of Artificial Fur are explained by 6 countries.

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Value of Exports in Artificial Fur

Net Trade

TOP NET EXPORTER (2023)China$62.6M
TOP NET IMPORTER (2023)South Korea$13M

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

In 2023, the countries that had a largest trade value in exports than in imports of Artificial Fur were China ($62.6M), Thailand ($2.31M), Syria ($2.22M), Singapore ($1.72M), and Jordan ($803k).

In 2023, the countries that had a largest trade value in imports than in exports of Artificial Fur were South Korea ($13M), Russia ($5.34M), Vietnam ($5.23M), Japan ($4.34M), and Saudi Arabia ($3.46M).

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

Top 10 Exporters Countries of Artificial Fur by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Artificial Fur’s highest export potential is N/A. With an export gap of N/A.  Artificial Fur’s highest import potential is N/A with an import gap of N/A.

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)

Country by Relatedness

The following visualization shows the relatedness of Artificial Fur 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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