2022
Exports
$3.77MWorld Rnk 60 / 159
Flag Rnk 671 / 1208
2022
PRODUCT COMPLEXITY IN Shaped Wood
-0.84Rnk 788 / 1025
2022
Imports
$336MWorld Rnk 4 / 221
Flag Rnk 154 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $3.77M in Shaped Wood, making it the 60th largest exporter of Shaped Wood in the world. At the same year, Shaped Wood was the 671st most exported product in Australia. The main destination of Shaped Wood exports from Australia are: New Zealand ($2.09M), United States ($378k), China ($340k), South Korea ($336k), and Japan ($204k).

The fastest growing export markets for Shaped Wood of Australia between 2021 and 2022 were New Zealand ($806k), China ($312k), and Norway ($71.3k).

Imports In 2022, Australia imported $336M in Shaped Wood, becoming the 4th largest importer of Shaped Wood in the world. At the same year, Shaped Wood was the 154th most imported product in Australia. Australia imports Shaped Wood primarily from: Indonesia ($133M), China ($73.3M), New Zealand ($59.8M), Malaysia ($31.2M), and Chile ($21.6M).

The fastest growing import markets in Shaped Wood for Australia between 2021 and 2022 were Malaysia ($6.44M), Fiji ($597k), and Lithuania ($578k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.77M
IMPORTS (2022)$336M
NET TRADE (2022)-$332M

In 2022, Australia exported $3.77M in Shaped Wood. The main destinations of Australia exports on Shaped Wood were New Zealand ($2.09M), United States ($378k), China ($340k), South Korea ($336k), and Japan ($204k).

In 2022, Australia imported $336M in Shaped Wood, mainly from Indonesia ($133M), China ($73.3M), New Zealand ($59.8M), Malaysia ($31.2M), and Chile ($21.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaped Wood EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$806k (62.6%)
China$312k (1.12k%)
Norway$71.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaped Wood BY Australia WERE (2021 - 2022):
United States-$86.9k (-18.7%)
Japan-$83.3k (-29%)
South Korea-$37.9k (-10.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Shaped Wood were:
In 2022, Australia's main importing competitors in Shaped Wood were:

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Trade Value of Shaped Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $761k
TOP IMPORT POTENTIALCanada+ $1.55M

Shaped Wood’s highest export potential is United States. With an export gap of $761k.   Shaped Wood’s highest import potential is Canada with an import gap of $1.55M.

See methodology.

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