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Flowers, foliage and fruit, artificial, and parts thereof; articles made of artificial flowers, foliage or fruit

6702 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.47BRnk 636 / 1217
2023
Top Exporter | Top Importer $3.09B | $1.06BChina | United States
2023
Product Complexity 0.23Rnk 481 / 1044
2022 - 2023
Export Growth (CAGR) -26.9%Rnk 1129 / 1217
2023
Share of World Trade 0.015%Rnk 636 / 1217

About

Overview This page contains the latest trade data of Artificial Vegetation. In 2023, Artificial Vegetation were the world's 636th most traded product, with a total trade of $3.47B. Between 2022 and 2023 the exports of Artificial Vegetation decreased by -26.9%, from $4.74B to $3.47B. Trade in Artificial Vegetation represent 0.015% of total world trade.

Artificial Vegetation are a part of Feather articles, feathers, artificial flowers, & articles of human hair. They include Artificial flowers foliage fruit etc except plastic and Artificial flowers foliage fruit, articles, plastic.

Exports In 2023 the top exporters of Artificial Vegetation  were China ($3.09B), Netherlands ($75.4M), Germany ($48.2M), Belgium ($32.1M), and United States ($24.8M).

Imports In 2023 the top importers of Artificial Vegetation were United States ($1.06B), Russia ($188M), Germany ($139M), United Kingdom ($133M), and Netherlands ($121M).

Ranking Artificial Vegetation ranks 481st in the Product Complexity Index (PCI).

Description Artificial flowers are used to decorate homes, offices, and other buildings. They can be made from a variety of materials, including plastic, glass, metal, or fiberglass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Artificial Vegetation. 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$3.09B
Top Destination (2023)United States$1.06B

In 2023 Artificial Vegetation were the world's 636th most traded product (out of 1,217).

In 2023, the top exporters of Artificial Vegetation were China ($3.09B), Netherlands ($75.4M), Germany ($48.2M), Belgium ($32.1M), and United States ($24.8M).

In 2023, the top importers of Artificial Vegetation were United States ($1.06B), Russia ($188M), Germany ($139M), United Kingdom ($133M), and Netherlands ($121M).

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

Color
Top Origin Growth (2022 -  2023)United States$6.54M
Top Destination Growth (2022 -  2023)Russia$63.6M

Between 2022 and 2023, the exports of Artificial Vegetation grew the fastest in United States ($6.54M), Belgium ($5.43M), Vietnam ($2.48M), France ($1.27M), and Greece ($1.04M).

Between 2022 and 2023, the fastest growing importers of Artificial Vegetation were Russia ($63.6M), South Korea ($42.8M), Vietnam ($33.8M), Thailand ($20.4M), and Egypt ($8.06M).

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Exporters of Artificial Vegetation (2022 - 2023)

Importers of Artificial Vegetation (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 0.99. This means that most of the exports of Artificial Vegetation are explained by 1 countries.

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Value of Exports in Artificial Vegetation

Net Trade

TOP NET EXPORTER (2023)China$3.09B
TOP NET IMPORTER (2023)United States$1.04B

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

In 2023, the countries that had a largest trade value in exports than in imports of Artificial Vegetation were China ($3.09B), Cambodia ($2.41M), Sri Lanka ($834k), Cocos (Keeling) Islands ($80k), and American Samoa ($11.1k).

In 2023, the countries that had a largest trade value in imports than in exports of Artificial Vegetation were United States ($1.04B), Russia ($187M), United Kingdom ($127M), France ($96.6M), and Mexico ($94.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Artificial Vegetation, disaggragated by their HS6 level were Artificial flowers foliage fruit, articles, plastic ($2.16B) and Artificial flowers foliage fruit etc except... ($1.31B)

HS6 Disaggregation for Artificial Vegetation (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Artificial Vegetation.
It is possible to select the main countries that export or import Artificial Vegetation in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $56.6M
TOP IMPORT POTENTIALIndia+ $298k

Artificial Vegetation’s highest export potential is India. With an export gap of $56.6M.  Artificial Vegetation’s highest import potential is India with an import gap of $298k.

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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 Artificial Vegetation.

Country by Relatedness

The following visualization shows the relatedness of Artificial Vegetation 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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