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Seats (not those of heading no. 9402), whether or not convertible into beds and parts thereof

9401 (Harmonized System 1992 for 4-digit)

2023
World Trade $87.7BRnk 38 / 1217
2023
Top Exporter | Top Importer $26.9B | $25.9BChina | United States
2023
Product Complexity 0.16Rnk 516 / 1044
2022 - 2023
Export Growth (CAGR) -6.18%Rnk 605 / 1217
2023
Share of World Trade 0.39%Rnk 38 / 1217

About

Overview This page contains the latest trade data of Seats. In 2023, Seats were the world's 38th most traded product, with a total trade of $87.7B. Between 2022 and 2023 the exports of Seats decreased by -6.18%, from $93.5B to $87.7B. Trade in Seats represent 0.39% of total world trade.

Seats are a part of Furniture, bedding, lamps, & prefab buildings. They include Parts of seats, Seats with wooden frames, upholstered nes, Seats with metal frames, nes, Seats with metal frames, upholstered nes, Seats; adjustable, Seats nes, Seats with wooden frames, nes, Seats; motor vehicles, Seats; sofa bed, and Seats; aircraft, among others.

Exports In 2023 the top exporters of Seats  were China ($26.9B), Mexico ($9.17B), Poland ($6.82B), Vietnam ($5.75B), and Germany ($4.44B).

Imports In 2023 the top importers of Seats were United States ($25.9B), Germany ($8.64B), United Kingdom ($3.92B), France ($3.89B), and Canada ($3.53B).

Ranking Seats ranks 516th in the Product Complexity Index (PCI).

Description Seats are used in the production of other goods. They can be made from a variety of materials, including wood, plastic, and metal.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Seats. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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$26.9B
Top Destination (2023)United States$25.9B

In 2023 Seats were the world's 38th most traded product (out of 1,217).

In 2023, the top exporters of Seats were China ($26.9B), Mexico ($9.17B), Poland ($6.82B), Vietnam ($5.75B), and Germany ($4.44B).

In 2023, the top importers of Seats were United States ($25.9B), Germany ($8.64B), United Kingdom ($3.92B), France ($3.89B), and Canada ($3.53B).

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

Color
Top Origin Growth (2022 -  2023)Mexico$1.04B
Top Destination Growth (2022 -  2023)Mexico$1.25B

Between 2022 and 2023, the exports of Seats grew the fastest in Mexico ($1.04B), United States ($787M), Czechia ($517M), Poland ($434M), and Germany ($186M).

Between 2022 and 2023, the fastest growing importers of Seats were Mexico ($1.25B), Czechia ($276M), South Korea ($276M), Vietnam ($221M), and Malaysia ($153M).

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Exporters of Seats (2022 - 2023)

Importers of Seats (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Seats are explained by 17 countries.

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Value of Exports in Seats

Net Trade

TOP NET EXPORTER (2023)China$26.1B
TOP NET IMPORTER (2023)United States$22.4B

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

In 2023, the countries that had a largest trade value in exports than in imports of Seats were China ($26.1B), Mexico ($6.96B), Vietnam ($5.02B), Poland ($4.88B), and Italy ($2.74B).

In 2023, the countries that had a largest trade value in imports than in exports of Seats were United States ($22.4B), Germany ($4.2B), United Kingdom ($2.78B), France ($2.58B), and Japan ($2.18B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Seats, disaggragated by their HS6 level were Parts of seats ($33.3B), Seats with wooden frames, upholstered nes ($20.7B), Seats with metal frames, upholstered nes ($7.97B), Seats with metal frames, nes ($6.3B), and Seats; adjustable ($5.36B)

HS6 Disaggregation for Seats (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 Seats.
It is possible to select the main countries that export or import Seats in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Seats by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $411M
TOP IMPORT POTENTIALVietnam+ $57.6M

Seats’s highest export potential is Germany. With an export gap of $411M.  Seats’s highest import potential is Vietnam with an import gap of $57.6M.

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 (2023)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Seats 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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