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060313 (Harmonized System 2007 for 6-digit)

2022
World Trade $199MRnk 3955 / 5023
2022
Top Exporter | Top Importer $74.9M | $58.1MThailand | Japan
2022
Product Complexity 0.027Rnk 2714 / 5030
2021 - 2022
Export Growth (CAGR) -6.04%Rnk 4000 / 5023
2022
Share of World Trade 0.00083%Rnk 3955 / 5023

About

Overview This page contains the latest trade data of Orchids. In 2022, Orchids were the world's 3955th most traded product, with a total trade of $199M. Between 2021 and 2022 the exports of Orchids decreased by -6.04%, from $212M to $199M. Trade in Orchids represent 0.00083% of total world trade.

Orchids are a part of Flowers; cut flowers and flower buds of a kind suitable for bouquets....

Exports In 2022 the top exporters of Orchids  were Thailand ($74.9M), Netherlands ($57.5M), Chinese Taipei ($34.7M), Malaysia ($7.47M), and Vietnam ($7.29M).

Imports In 2022 the top importers of Orchids were Japan ($58.1M), United States ($24.7M), Vietnam ($15M), Italy ($13.6M), and China ($12.4M).

Ranking Orchids ranks 2714th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Orchids. 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)Thailand$74.9M
Top Destination (2022)Japan$58.1M

In 2022 Orchids were the world's 3955th most traded product (out of 5,023).

In 2022, the top exporters of Orchids were Thailand ($74.9M), Netherlands ($57.5M), Chinese Taipei ($34.7M), Malaysia ($7.47M), and Vietnam ($7.29M).

In 2022, the top importers of Orchids were Japan ($58.1M), United States ($24.7M), Vietnam ($15M), Italy ($13.6M), and China ($12.4M).

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Exporters of Orchids (2022)
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Importers of Orchids (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Thailand$7.22M
Top Destination Growth (2021 -  2022)United States$5.66M

Between 2021 and 2022, the exports of Orchids grew the fastest in Thailand ($7.22M), Guatemala ($560k), Italy ($185k), China ($137k), and Latvia ($121k).

Between 2021 and 2022, the fastest growing importers of Orchids were United States ($5.66M), Vietnam ($5.14M), Singapore ($868k), India ($599k), and South Korea ($592k).

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Exporters of Orchids (2021 - 2022)

Importers of Orchids (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Orchids.

In 2022, market concentration measured using Shannon Entropy, was 2.43. This means that most of the exports of Orchids are explained by 5 countries.

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Value of Exports in Orchids

Net Trade

TOP NET EXPORTER (2022)Thailand$74.5M
TOP NET IMPORTER (2022)Japan$58.1M

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

In 2022, the countries that had a largest trade value in exports than in imports of Orchids were Thailand ($74.5M), Netherlands ($56.1M), Chinese Taipei ($33.5M), Malaysia ($7.11M), and New Zealand ($5.26M).

In 2022, the countries that had a largest trade value in imports than in exports of Orchids were Japan ($58.1M), United States ($24.5M), Italy ($13.1M), China ($11.5M), and Germany ($9.94M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Orchids 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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