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430400 (Harmonized System 1992 for 6-digit)

2023
World Trade $102MRnk 4049 / 4644
2023
Top Exporter | Top Importer $64.7M | $13.6MChina | South Korea
2023
Product Complexity -0.88Rnk 3691 / 4656
2022 - 2023
Export Growth (CAGR) 6.71%Rnk 891 / 4644
2023
Share of World Trade 0.00045%Rnk 4049 / 4644

About

Overview This page contains the latest trade data of Artificial fur and articles thereof. In 2023, Artificial fur and articles thereof were the world's 4049th most traded product, with a total trade of $102M. Between 2022 and 2023 the exports of Artificial fur and articles thereof grew by 6.71%, from $95.9M to $102M. Trade in Artificial fur and articles thereof represent 0.00045% of total world trade.

Artificial fur and articles thereof are a part of Artificial Fur.

Exports In 2023 the top exporters of Artificial fur and articles thereof  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 and articles thereof were South Korea ($13.6M), Italy ($11.2M), Vietnam ($6.19M), Russia ($5.54M), and Germany ($4.85M).

Ranking Artificial fur and articles thereof ranks 3691st in the Product Complexity Index (PCI).

Description Artificial fur is often used as a substitute for real fur due to animal rights issues. The most common use of artificial fur is in clothing, as it is cheaper to produce than real fur.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Artificial fur and articles thereof. 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 and articles thereof were the world's 4049th most traded product (out of 4,644).

In 2023, the top exporters of Artificial fur and articles thereof 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 and articles thereof 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 and articles thereof (2023)
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Importers of Artificial fur and articles thereof (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 and articles thereof 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 and articles thereof 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 and articles thereof (2022 - 2023)

Importers of Artificial fur and articles thereof (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Artificial fur and articles thereof.

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

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Value of Exports in Artificial fur and articles thereof

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 and articles thereof. Each country is colored based on the difference in exports and imports of Artificial fur and articles thereof during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Artificial fur and articles thereof 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 and articles thereof 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 and articles thereof.
It is possible to select the main countries that export or import Artificial fur and articles thereof in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Artificial fur and articles thereof 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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