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Wooden frames; for paintings, photographs, mirrors or similar objects

4414 (Harmonized System 1992 for 4-digit)

2022
World Trade $930MRnk 958 / 1218
2022
Top Exporter | Top Importer $495M | $308MChina | United States
2022
Product Complexity -0.31Rnk 660 / 1033
2021 - 2022
Export Growth (CAGR) -10.7%Rnk 1121 / 1218
2022
Share of World Trade 0.0039%Rnk 958 / 1218

About

Overview This page contains the latest trade data of Wood Frames. In 2022, Wood Frames were the world's 958th most traded product, with a total trade of $930M. Between 2021 and 2022 the exports of Wood Frames decreased by -10.7%, from $1.04B to $930M. Trade in Wood Frames represent 0.0039% of total world trade.

Wood Frames are a part of Wood, wood articles, & charcoal. They include Wooden frames for paintings, photographs, mirrors etc.

Exports In 2022 the top exporters of Wood Frames  were China ($495M), Poland ($95M), Indonesia ($36.7M), Netherlands ($32.5M), and Germany ($28.1M).

Imports In 2022 the top importers of Wood Frames were United States ($308M), Germany ($92.7M), United Kingdom ($54.5M), France ($45.6M), and Japan ($36.3M).

Ranking Wood Frames ranks 660th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wood Frames. 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$495M
Top Destination (2022)United States$308M

In 2022 Wood Frames were the world's 958th most traded product (out of 1,218).

In 2022, the top exporters of Wood Frames were China ($495M), Poland ($95M), Indonesia ($36.7M), Netherlands ($32.5M), and Germany ($28.1M).

In 2022, the top importers of Wood Frames were United States ($308M), Germany ($92.7M), United Kingdom ($54.5M), France ($45.6M), and Japan ($36.3M).

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Exporters of Wood Frames (2022)
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Importers of Wood Frames (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$8.79M
Top Destination Growth (2021 -  2022)Denmark$2.11M

Between 2021 and 2022, the exports of Wood Frames grew the fastest in Netherlands ($8.79M), Vietnam ($2.38M), Czechia ($2.12M), United Arab Emirates ($1.05M), and Latvia ($994k).

Between 2021 and 2022, the fastest growing importers of Wood Frames were Denmark ($2.11M), Portugal ($1.86M), South Korea ($1.83M), Burma ($1.75M), and Italy ($1.53M).

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Exporters of Wood Frames (2021 - 2022)

Importers of Wood Frames (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wood Frames.

In 2022, market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Wood Frames are explained by 8 countries.

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Value of Exports in Wood Frames

Net Trade

TOP NET EXPORTER (2022)China$492M
TOP NET IMPORTER (2022)United States$295M

This map shows which countries export or import more of Wood Frames. Each country is colored based on the difference in exports and imports of Wood Frames during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wood Frames were China ($492M), Poland ($83.4M), Indonesia ($36.3M), Vietnam ($13.1M), and India ($11M).

In 2022, the countries that had a largest trade value in imports than in exports of Wood Frames were United States ($295M), Germany ($64.6M), United Kingdom ($44.2M), Japan ($35.6M), and Canada ($28.4M).

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

Top 10 Exporters Countries of Wood Frames by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $2.17M
TOP IMPORT POTENTIALPoland+ $259k

Wood Frames’s highest export potential is Japan. With an export gap of $2.17M.  Wood Frames’s highest import potential is Poland with an import gap of $259k.

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 (2022)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Wood Frames to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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