Other Wood Articles in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $4.03B in Other Wood Articles, making it the 1st largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 178th most exported product in China. The main destination of Other Wood Articles exports from China are: United States ($1.08B), Japan ($370M), Germany ($226M), Australia ($183M), and United Kingdom ($175M).

The fastest growing export markets for Other Wood Articles of China between 2021 and 2022 were India ($21.9M), Hong Kong ($19.5M), and Singapore ($18.9M).

Imports In 2022, China imported $254M in Other Wood Articles, becoming the 9th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 475th most imported product in China. China imports Other Wood Articles primarily from: Indonesia ($135M), Ecuador ($43.2M), Russia ($31.3M), Papua New Guinea ($8.05M), and Australia ($4.16M).

The fastest growing import markets in Other Wood Articles for China between 2021 and 2022 were Ecuador ($21.1M), Russia ($5.66M), and United Kingdom ($3.87M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (32.9k), IKEA SUPPLY AG (11.7k), and COSTCO WHOLESALE COPRORATION (7.71k) were at the forefront of shipping Other Wood Articles from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Other Wood Articles exports accounted up to $241M and imports accounted up to $21.1M, resulting in a positive trade balance of $220M. Between February 2023 and February 2024 the exports of China's Other Wood Articles have increased by $50.3M (26.4%) from $191M to $241M, while imports decreased by $-5.92M (-21.9%) from $27M to $21.1M.

Destinations In February 2024, Other Wood Articles were exported mostly to United States ($81.1M), Japan ($19.9M), United Kingdom ($11.3M), Germany ($11.2M), and Netherlands ($10.3M), and were imported mostly from Indonesia ($10.6M), Ecuador ($5.54M), Russia ($1.61M), China ($694k), and Germany ($548k).

Growth In February 2024, the increase in Other Wood Articles's year-by-year exports was explained primarily by an increase in exports to Singapore ($1.82M or 274%), Saudi Arabia ($1.57M or 108%), and Mexico ($859k or 29.6%). In February 2024, the decrease in Other Wood Articles's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-3.84M or -22.7%), Latvia ($-265k or -98.1%), and Poland ($-181k or -61.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$50.3M(26.4%)

IMPORT GROWTH (February 2023 - February 2024)$-5.92M(-21.9%)

MAIN EXPORTER (February 2024)Fujian Province$80.9M

MAIN DESTINATION (February 2024)United States$81.1M

This section shows Other Wood Articles'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 Other Wood Articles over time.

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