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Seats convertible into beds

940140 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.75BRnk 1548 / 4644
2023
Top Exporter | Top Importer $470M | $266MPoland | United States
2023
Product Complexity -0.19Rnk 2812 / 4656
2022 - 2023
Export Growth (CAGR) -9.18%Rnk 2604 / 4644
2023
Share of World Trade 0.0077%Rnk 1548 / 4644

About

Overview This page contains the latest trade data of Seats; sofa bed. In 2023, Seats; sofa bed were the world's 1548th most traded product, with a total trade of $1.75B. Between 2022 and 2023 the exports of Seats; sofa bed decreased by -9.18%, from $1.93B to $1.75B. Trade in Seats; sofa bed represent 0.0077% of total world trade.

Seats; sofa bed are a part of Seats.

Exports In 2023 the top exporters of Seats; sofa bed  were Poland ($470M), China ($356M), Turkey ($152M), Romania ($111M), and Vietnam ($90.6M).

Imports In 2023 the top importers of Seats; sofa bed were United States ($266M), Germany ($231M), France ($185M), United Kingdom ($109M), and Italy ($63.7M).

Ranking Seats; sofa bed ranks 2812th in the Product Complexity Index (PCI).

Description A seat convertible into a bed is a type of furniture that is often found in hotel rooms. It is a seat that has the ability to convert into a bed. This type of furniture is often used if there is not enough room to accommodate more than one bed in a room.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Seats; sofa bed. 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)Poland$470M
Top Destination (2023)United States$266M

In 2023 Seats; sofa bed were the world's 1548th most traded product (out of 4,644).

In 2023, the top exporters of Seats; sofa bed were Poland ($470M), China ($356M), Turkey ($152M), Romania ($111M), and Vietnam ($90.6M).

In 2023, the top importers of Seats; sofa bed were United States ($266M), Germany ($231M), France ($185M), United Kingdom ($109M), and Italy ($63.7M).

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Exporters of Seats; sofa bed (2023)
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Importers of Seats; sofa bed (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$9.09M
Top Destination Growth (2022 -  2023)South Korea$10.5M

Between 2022 and 2023, the exports of Seats; sofa bed grew the fastest in Spain ($9.09M), United States ($6.96M), Turkey ($4.12M), Cambodia ($3.75M), and North Macedonia ($2.74M).

Between 2022 and 2023, the fastest growing importers of Seats; sofa bed were South Korea ($10.5M), Mexico ($10.5M), Vietnam ($10.1M), Canada ($4.9M), and Italy ($4.4M).

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Exporters of Seats; sofa bed (2022 - 2023)

Importers of Seats; sofa bed (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seats; sofa bed.

In 2023, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Seats; sofa bed are explained by 13 countries.

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Value of Exports in Seats; sofa bed

Net Trade

TOP NET EXPORTER (2023)Poland$453M
TOP NET IMPORTER (2023)United States$244M

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

In 2023, the countries that had a largest trade value in exports than in imports of Seats; sofa bed were Poland ($453M), China ($352M), Turkey ($139M), Romania ($89.9M), and Vietnam ($79.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Seats; sofa bed were United States ($244M), France ($177M), Germany ($163M), United Kingdom ($105M), and Switzerland ($55.3M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Seats; sofa bed 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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