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Wood; statuettes and other ornaments, of tropical wood

442011 (Harmonized System 2022 for 6-digit)

2023
World Trade $115MRnk 4560 / 5606
2023
Top Exporter | Top Importer $25.9M | $21.7MChina | United States
2023
Product Complexity -1.32Rnk 4977 / 5606
2022 - 2023
Export Growth (CAGR) -16.3%Rnk 4145 / 5606
2023
Share of World Trade 0.00051%Rnk 4560 / 5606

About

Overview This page contains the latest trade data of Tropical Wood Statuettes/Ornaments. In 2023, Tropical Wood Statuettes/Ornaments were the world's 4560th most traded product, with a total trade of $115M. Between 2022 and 2023 the exports of Tropical Wood Statuettes/Ornaments decreased by -16.3%, from $138M to $115M. Trade in Tropical Wood Statuettes/Ornaments represent 0.00051% of total world trade.

Tropical Wood Statuettes/Ornaments are a part of Wood Ornaments.

Exports In 2023 the top exporters of Tropical Wood Statuettes/Ornaments  were China ($25.9M), Indonesia ($21M), Netherlands ($14.2M), Italy ($8.78M), and India ($6.52M).

Imports In 2023 the top importers of Tropical Wood Statuettes/Ornaments were United States ($21.7M), Germany ($17M), France ($14M), Netherlands ($6.88M), and Austria ($5.46M).

Ranking Tropical Wood Statuettes/Ornaments ranks 4977th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Tropical Wood Statuettes/Ornaments. 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

Year
Top Origin (2023)China$25.9M
Top Destination (2023)United States$21.7M

In 2023 Tropical Wood Statuettes/Ornaments were the world's 4560th most traded product (out of 5,606).

In 2023, the top exporters of Tropical Wood Statuettes/Ornaments were China ($25.9M), Indonesia ($21M), Netherlands ($14.2M), Italy ($8.78M), and India ($6.52M).

In 2023, the top importers of Tropical Wood Statuettes/Ornaments were United States ($21.7M), Germany ($17M), France ($14M), Netherlands ($6.88M), and Austria ($5.46M).

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Exporters of Tropical Wood Statuettes/Ornaments (2023)
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Importers of Tropical Wood Statuettes/Ornaments (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Sri Lanka$3.87M
Top Destination Growth (2022 -  2023)France$1.22M

Between 2022 and 2023, the exports of Tropical Wood Statuettes/Ornaments grew the fastest in Sri Lanka ($3.87M), Netherlands ($1.64M), Italy ($1.55M), Brazil ($632k), and France ($287k).

Between 2022 and 2023, the fastest growing importers of Tropical Wood Statuettes/Ornaments were France ($1.22M), Austria ($688k), Belgium ($574k), Israel ($458k), and Turkey ($293k).

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Exporters of Tropical Wood Statuettes/Ornaments (2022 - 2023)

Importers of Tropical Wood Statuettes/Ornaments (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tropical Wood Statuettes/Ornaments.

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Tropical Wood Statuettes/Ornaments are explained by 15 countries.

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Value of Exports in Tropical Wood Statuettes/Ornaments

Net Trade

Year
TOP NET EXPORTER (2023)China$25M
TOP NET IMPORTER (2023)United States$20.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Tropical Wood Statuettes/Ornaments were China ($25M), Indonesia ($21M), Netherlands ($7.31M), Italy ($6.47M), and India ($6.26M).

In 2023, the countries that had a largest trade value in imports than in exports of Tropical Wood Statuettes/Ornaments were United States ($20.5M), Germany ($12.7M), France ($10.8M), Austria ($5.21M), and Japan ($4.97M).

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 Tropical Wood Statuettes/Ornaments.
It is possible to select the main countries that export or import Tropical Wood Statuettes/Ornaments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tropical Wood Statuettes/Ornaments by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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