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Seats convertible into beds

940140 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.95BRnk 1518 / 4648
2022
Top Exporter | Top Importer $503M | $292MChina | United States
2022
Product Complexity -0.13Rnk 2705 / 4653
2021 - 2022
Export Growth (CAGR) -22.2%Rnk 4367 / 4648
2022
Share of World Trade 0.0082%Rnk 1518 / 4648

About

Overview This page contains the latest trade data of Seats; sofa bed. In 2022, Seats; sofa bed were the world's 1518th most traded product, with a total trade of $1.95B. Between 2021 and 2022 the exports of Seats; sofa bed decreased by -22.2%, from $2.51B to $1.95B. Trade in Seats; sofa bed represent 0.0082% of total world trade.

Seats; sofa bed are a part of Seats.

Exports In 2022 the top exporters of Seats; sofa bed  were China ($503M), Poland ($464M), Turkey ($157M), Romania ($102M), and Portugal ($96.4M).

Imports In 2022 the top importers of Seats; sofa bed were United States ($292M), France ($245M), Germany ($242M), United Kingdom ($104M), and Switzerland ($75.9M).

Ranking Seats; sofa bed ranks 2705th 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 (2022)China$503M
Top Destination (2022)United States$292M

In 2022 Seats; sofa bed were the world's 1518th most traded product (out of 4,648).

In 2022, the top exporters of Seats; sofa bed were China ($503M), Poland ($464M), Turkey ($157M), Romania ($102M), and Portugal ($96.4M).

In 2022, the top importers of Seats; sofa bed were United States ($292M), France ($245M), Germany ($242M), United Kingdom ($104M), and Switzerland ($75.9M).

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Exporters of Seats; sofa bed (2022)
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Importers of Seats; sofa bed (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Portugal$12.4M
Top Destination Growth (2021 -  2022)Australia$8.24M

Between 2021 and 2022, the exports of Seats; sofa bed grew the fastest in Portugal ($12.4M), Belgium ($6.15M), United States ($6.09M), Austria ($2.66M), and Malaysia ($2.39M).

Between 2021 and 2022, the fastest growing importers of Seats; sofa bed were Australia ($8.24M), Hong Kong ($6.55M), Philippines ($6.1M), Canada ($5.37M), and Vietnam ($4.62M).

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Exporters of Seats; sofa bed (2021 - 2022)

Importers of Seats; sofa bed (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.76. 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 (2022)China$498M
TOP NET IMPORTER (2022)United States$263M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Seats; sofa bed were China ($498M), Poland ($443M), Turkey ($148M), Portugal ($85.1M), and Romania ($78.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Seats; sofa bed were United States ($263M), France ($233M), Germany ($153M), United Kingdom ($102M), and Switzerland ($70.2M).

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 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 (2022)

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