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Baby carriages and parts thereof

8715 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.54BRnk 723 / 1218
2022
Top Exporter | Top Importer $1.82B | $498MChina | United States
2022
Product Complexity 0.66Rnk 294 / 1033
2021 - 2022
Export Growth (CAGR) 12%Rnk 359 / 1218
2022
Share of World Trade 0.011%Rnk 723 / 1218

About

Overview This page contains the latest trade data of Baby Carriages. In 2022, Baby Carriages were the world's 723rd most traded product, with a total trade of $2.54B. Between 2021 and 2022 the exports of Baby Carriages grew by 12%, from $2.27B to $2.54B. Trade in Baby Carriages represent 0.011% of total world trade.

Baby Carriages are a part of Cars, tractors, trucks & parts thereof.. They include Baby carriages and parts .

Exports In 2022 the top exporters of Baby Carriages  were China ($1.82B), Germany ($139M), Netherlands ($125M), Poland ($115M), and Italy ($65.4M).

Imports In 2022 the top importers of Baby Carriages were United States ($498M), Germany ($216M), United Kingdom ($160M), Netherlands ($136M), and France ($94.4M).

Ranking Baby Carriages ranks 294th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Baby Carriages. 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 (2022)China$1.82B
Top Destination (2022)United States$498M

In 2022 Baby Carriages were the world's 723rd most traded product (out of 1,218).

In 2022, the top exporters of Baby Carriages were China ($1.82B), Germany ($139M), Netherlands ($125M), Poland ($115M), and Italy ($65.4M).

In 2022, the top importers of Baby Carriages were United States ($498M), Germany ($216M), United Kingdom ($160M), Netherlands ($136M), and France ($94.4M).

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Exporters of Baby Carriages (2022)
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Importers of Baby Carriages (2022)
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Market Dynamics

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Top Origin Growth (2021 -  2022)China$287M
Top Destination Growth (2021 -  2022)United States$78.8M

Between 2021 and 2022, the exports of Baby Carriages grew the fastest in China ($287M), United Arab Emirates ($14.2M), Romania ($7.28M), United States ($5.8M), and Netherlands ($5.72M).

Between 2021 and 2022, the fastest growing importers of Baby Carriages were United States ($78.8M), United Kingdom ($39.5M), Philippines ($15.8M), Spain ($14.5M), and Malaysia ($14.5M).

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Exporters of Baby Carriages (2021 - 2022)

Importers of Baby Carriages (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Baby Carriages.

In 2022, market concentration measured using Shannon Entropy, was 1.97. This means that most of the exports of Baby Carriages are explained by 3 countries.

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Value of Exports in Baby Carriages

Net Trade

TOP NET EXPORTER (2022)China$1.8B
TOP NET IMPORTER (2022)United States$469M

This map shows which countries export or import more of Baby Carriages. Each country is colored based on the difference in exports and imports of Baby Carriages during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Baby Carriages were China ($1.8B), Poland ($39.7M), Hong Kong ($11.5M), Lithuania ($6.59M), and Romania ($1.84M).

In 2022, the countries that had a largest trade value in imports than in exports of Baby Carriages were United States ($469M), United Kingdom ($153M), Russia ($78.8M), France ($77.4M), and Germany ($77M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Baby Carriages by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $15.5M
TOP IMPORT POTENTIALPoland+ $642k

Baby Carriages’s highest export potential is Russia. With an export gap of $15.5M.  Baby Carriages’s highest import potential is Poland with an import gap of $642k.

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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Baby Carriages.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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