Plywood in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $349M in Plywood, making it the 14th largest exporter of Plywood in the world. At the same year, Plywood was the 462nd most exported product in United States. The main destination of Plywood exports from United States are: Canada ($159M), Mexico ($85.2M), Australia ($26M), Bahamas ($22M), and Dominican Republic ($9.5M).

The fastest growing export markets for Plywood of United States between 2021 and 2022 were Mexico ($7.66M), Bahamas ($2.91M), and Dominican Republic ($2.62M).

Imports In 2022, United States imported $4.14B in Plywood, becoming the 1st largest importer of Plywood in the world. At the same year, Plywood was the 137th most imported product in United States. United States imports Plywood primarily from: Indonesia ($763M), Canada ($530M), Brazil ($445M), China ($382M), and Vietnam ($378M).

The fastest growing import markets in Plywood for United States between 2021 and 2022 were Malaysia ($51.1M), Chile ($38.9M), and Canada ($27.3M).

COMPANIES In 2023, leading companies such as RTG FURNITURE CORPORATION (1.72k), LG ELECTRONICS U.S.A. INC. (1.42k), and IKEA SUPPLY AG (1.41k) were at the forefront of shipping Plywood to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Plywood exports accounted up to $18.8M and imports accounted up to $240M, resulting in a negative trade balance of $221M. Between January 2023 and January 2024 the exports of United States' Plywood have decreased by $-4.87M (-20.6%) from $23.7M to $18.8M, while imports increased by $22.1M (10.1%) from $218M to $240M.

Destinations In January 2024, Plywood were exported mostly to Canada ($9.4M), Mexico ($4.69M), Bahamas ($1.27M), Australia ($629k), and Jamaica ($343k), and were imported mostly from Vietnam ($43.6M), Canada ($36.7M), Indonesia ($26.1M), Brazil ($25.8M), and Chile ($18.2M).

Growth In January 2024, the decrease in Plywood's year-by-year exports was explained primarily by a decrease in exports to Canada ($-1.71M or -13.7%), Saint Lucia ($-437k or -92.9%), and Antigua and Barbuda ($-265k or -96.7%). In January 2024, the increase in Plywood's year-by-year imports was explained primarily by an increase in imports from Chile ($12.9M or 154%), Ecuador ($3.18M or 55.3%), and Austria ($1.67M or 681%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-4.87M(-20.6%)

IMPORT GROWTH (January 2023 - January 2024)$22.1M(10.1%)

MAIN EXPORTER (January 2024)Oregon$2.86M

MAIN DESTINATION (January 2024)Canada$9.4M

This section shows Plywood's exports and imports data at subnational level for United States. 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 Plywood over time.

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