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2022
Exports $31.6MWorld Rnk 6 / 122
Flag Rnk 1000 / 1216
2022
Destination $1.47M Germany
2021 - 2022
FASTEST GROWING MARKET $1.47MVietnam
2022
Imports $16.9MWorld Rnk 7 / 191
Flag Rnk 948 / 1212
2022
Origin $1.72M Angola
2021 - 2022
FASTEST GROWING ORIGIN $1.72MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $31.6M in Densified Wood, making it the 6th largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 1000th most exported product in China. The main destination of Densified Wood exports from China are: Germany ($4.6M), France ($3.52M), Chinese Taipei ($2.81M), Vietnam ($2.37M), and Canada ($1.93M).

The fastest growing export markets for Densified Wood of China between 2021 and 2022 were Vietnam ($1.47M), Canada ($1.05M), and Germany ($929k).

Imports In 2022, China imported $16.9M in Densified Wood, becoming the 7th largest importer of Densified Wood in the world. At the same year, Densified Wood was the 948th most imported product in China. China imports Densified Wood primarily from: Angola ($7.5M), Ecuador ($2.55M), Italy ($1.81M), Indonesia ($1.72M), and Germany ($1.4M).

The fastest growing import markets in Densified Wood for China between 2021 and 2022 were Indonesia ($1.72M), Italy ($645k), and Spain ($605k).

COMPANIES In 2023, leading companies such as MerchSource (3) and Walmart (1) were at the forefront of shipping Densified Wood from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Densified Wood exports accounted up to $1.15M and imports accounted up to $2.75M, resulting in a negative trade balance of $1.6M. Between July 2023 and July 2024 the exports of China's   Densified Wood have increased by $229k (24.7%) from $924k to $1.15M, while imports increased by $307k (12.6%) from $2.44M to $2.75M.

Destinations In July 2024, Densified Wood were exported mostly to Chinese Taipei ($452k), South Korea ($122k), Thailand ($98.8k), United States ($83.2k), and Russia ($50.7k), and were imported mostly from Germany ($1.76M), Italy ($707k), South Korea ($226k), Russia ($45k), and Spain ($9.25k).

Growth In July 2024, the increase in Densified Wood's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($213k or 150%), Malaysia ($42.6k or 65.5k%), and Thailand ($31.3k or 82.3%). In July 2024, the increase in Densified Wood's year-by-year imports was explained primarily by an increase in imports from Germany ($164k or 35.8%) and Chinese Taipei ($768 or 10.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$229k(24.7%)
IMPORT GROWTH (July 2023 - July 2024)$307k(12.6%)
MAIN EXPORTER (July 2024)Guangxi Zhuang Autonomous Region$709k
MAIN DESTINATION (July 2024)Chinese Taipei$452k

This section shows Densified Wood's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Densified Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.6M
IMPORTS (2022)$16.9M
NET TRADE (2022)$14.8M

In 2022, China exported $31.6M in Densified Wood. The main destinations of China exports on Densified Wood were Germany ($4.6M), France ($3.52M), Chinese Taipei ($2.81M), Vietnam ($2.37M), and Canada ($1.93M).

In 2022, China imported $16.9M in Densified Wood, mainly from Angola ($7.5M), Ecuador ($2.55M), Italy ($1.81M), Indonesia ($1.72M), and Germany ($1.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Densified Wood EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$1.47M (162%)
Canada$1.05M (120%)
Germany$929k (25.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Densified Wood BY China WERE (2021 - 2022):
France-$3.97M (-53%)
South Korea-$895k (-55.6%)
Chinese Taipei-$786k (-21.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Densified Wood were:
Germany $50.1M
Angola $49.6M
Netherlands $38.5M
In 2022, China's main importing competitors in Densified Wood were:
Germany $77.1M
United States $51M
France $40.3M

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Trade Value of Densified Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.08M
TOP IMPORT POTENTIALGermany+ $327k

Densified Wood’s highest export potential is United States. With an export gap of $1.08M.   Densified Wood’s highest import potential is Germany with an import gap of $327k.

See methodology.

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