940389 (Harmonized System 2007 for 6-digit)

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Overview This page contains the latest trade data of Furniture: of some materials (other than bamboo or rattan). In 2022, Furniture: of some materials (other than bamboo or rattan) were the world's 917th most traded product, with a total trade of $4.17B. Between 2021 and 2022 the exports of Furniture: of some materials (other than bamboo or rattan) grew by 10.6%, from $3.77B to $4.17B. Trade in Furniture: of some materials (other than bamboo or rattan) represent 0.017% of total world trade.

Furniture: of some materials (other than bamboo or rattan) are a part of Furniture and parts thereof, n.e.c. in chapter 94.

Exports In 2022 the top exporters of Furniture: of some materials (other than bamboo or rattan)  were China ($2.17B), Italy ($475M), Vietnam ($347M), Poland ($108M), and Malaysia ($107M).

Imports In 2022 the top importers of Furniture: of some materials (other than bamboo or rattan) were United States ($1.48B), Australia ($134M), Canada ($132M), Germany ($119M), and Saudi Arabia ($119M).

Ranking Furniture: of some materials (other than bamboo or rattan) ranks 3638th in the Product Complexity Index (PCI).

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Furniture: of some materials (other than bamboo or rattan). 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$2.17B
Top Destination (2022)United States$1.48B

In 2022 Furniture: of some materials (other than bamboo or rattan) were the world's 917th most traded product (out of 5,023).

In 2022, the top exporters of Furniture: of some materials (other than bamboo or rattan) were China ($2.17B), Italy ($475M), Vietnam ($347M), Poland ($108M), and Malaysia ($107M).

In 2022, the top importers of Furniture: of some materials (other than bamboo or rattan) were United States ($1.48B), Australia ($134M), Canada ($132M), Germany ($119M), and Saudi Arabia ($119M).

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Exporters of Furniture: of some materials (other than bamboo or rattan) (2022)
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Importers of Furniture: of some materials (other than bamboo or rattan) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$118M
Top Destination Growth (2021 -  2022)United States$172M

Between 2021 and 2022, the exports of Furniture: of some materials (other than bamboo or rattan) grew the fastest in Italy ($118M), China ($102M), Vietnam ($40.9M), Poland ($26.6M), and Mexico ($23M).

Between 2021 and 2022, the fastest growing importers of Furniture: of some materials (other than bamboo or rattan) were United States ($172M), Australia ($72.1M), Philippines ($48.7M), United Kingdom ($35.5M), and Tanzania ($24.3M).

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Exporters of Furniture: of some materials (other than bamboo or rattan) (2021 - 2022)

Importers of Furniture: of some materials (other than bamboo or rattan) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furniture: of some materials (other than bamboo or rattan).

In 2022, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Furniture: of some materials (other than bamboo or rattan) are explained by 8 countries.

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Value of Exports in Furniture: of some materials (other than bamboo or rattan)

Net Trade

TOP NET EXPORTER (2022)China$2.09B
TOP NET IMPORTER (2022)United States$1.39B

This map shows which countries export or import more of Furniture: of some materials (other than bamboo or rattan). Each country is colored based on the difference in exports and imports of Furniture: of some materials (other than bamboo or rattan) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Furniture: of some materials (other than bamboo or rattan) were China ($2.09B), Italy ($432M), Vietnam ($312M), Poland ($84M), and India ($59.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Furniture: of some materials (other than bamboo or rattan) were United States ($1.39B), Australia ($132M), Saudi Arabia ($119M), Canada ($104M), and Japan ($101M).

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 Furniture: of some materials (other than bamboo or rattan).
It is possible to select the main countries that export or import Furniture: of some materials (other than bamboo or rattan) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Furniture: of some materials (other than bamboo or rattan) 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 (2022)

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