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060313 (Harmonized System 2007 for 6-digit)

2023
World Trade $194MRnk 3908 / 5026
2023
Top Exporter | Top Importer $69.8M | $56.3MThailand | Japan
2023
Product Complexity 0.16Rnk 2453 / 5035
2022 - 2023
Export Growth (CAGR) -2.38%Rnk 1941 / 5026
2023
Share of World Trade 0.00085%Rnk 3908 / 5026

About

Overview This page contains the latest trade data of Orchids. In 2023, Orchids were the world's 3908th most traded product, with a total trade of $194M. Between 2022 and 2023 the exports of Orchids decreased by -2.38%, from $199M to $194M. Trade in Orchids represent 0.00085% of total world trade.

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

Exports In 2023 the top exporters of Orchids  were Thailand ($69.8M), Netherlands ($59.5M), Chinese Taipei ($35.3M), Vietnam ($7.46M), and Malaysia ($6.16M).

Imports In 2023 the top importers of Orchids were Japan ($56.3M), United States ($24.7M), Vietnam ($14.4M), Italy ($13M), and Germany ($13M).

Ranking Orchids ranks 2453rd 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 (2023)Thailand$69.8M
Top Destination (2023)Japan$56.3M

In 2023 Orchids were the world's 3908th most traded product (out of 5,026).

In 2023, the top exporters of Orchids were Thailand ($69.8M), Netherlands ($59.5M), Chinese Taipei ($35.3M), Vietnam ($7.46M), and Malaysia ($6.16M).

In 2023, the top importers of Orchids were Japan ($56.3M), United States ($24.7M), Vietnam ($14.4M), Italy ($13M), and Germany ($13M).

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Exporters of Orchids (2023)
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Importers of Orchids (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$3.19M
Top Destination Growth (2022 -  2023)Germany$2.62M

Between 2022 and 2023, the exports of Orchids grew the fastest in Netherlands ($3.19M), Slovenia ($2.62M), China ($606k), Chinese Taipei ($580k), and Denmark ($102k).

Between 2022 and 2023, the fastest growing importers of Orchids were Germany ($2.62M), Belgium ($1.4M), Zimbabwe ($1.26M), Macau ($382k), and Bulgaria ($322k).

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Exporters of Orchids (2022 - 2023)

Importers of Orchids (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.42. 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 (2023)Thailand$69.4M
TOP NET IMPORTER (2023)Japan$56.3M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Orchids were Thailand ($69.4M), Netherlands ($58.7M), Chinese Taipei ($34.1M), Malaysia ($5.78M), and New Zealand ($5.34M).

In 2023, the countries that had a largest trade value in imports than in exports of Orchids were Japan ($56.3M), United States ($24.5M), Germany ($12.5M), Italy ($12.4M), and China ($9.66M).

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 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 (2023)

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