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2022
Exports $25.4MWorld Rnk 56 / 158
Flag Rnk 1017 / 1216
2022
Destination $12.9M Vietnam
2021 - 2022
FASTEST GROWING MARKET $12.9MVietnam
2022
PRODUCT COMPLEXITY IN Rough Wood-1.3Rnk 908 / 1025
2022
Imports $6.5BWorld Rnk 1 / 205
Flag Rnk 53 / 1212
2022
Origin $157M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $157MPapua New Guinea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $25.4M in Rough Wood, making it the 56th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 1017th most exported product in China. The main destination of Rough Wood exports from China are: Vietnam ($17.2M), United States ($2.11M), Cambodia ($1.7M), United Kingdom ($732k), and Hong Kong ($545k).

The fastest growing export markets for Rough Wood of China between 2021 and 2022 were Vietnam ($12.9M), United States ($965k), and Hong Kong ($478k).

Imports In 2022, China imported $6.5B in Rough Wood, becoming the 1st largest importer of Rough Wood in the world. At the same year, Rough Wood was the 53rd most imported product in China. China imports Rough Wood primarily from: New Zealand ($2.01B), United States ($747M), Germany ($483M), Papua New Guinea ($473M), and Netherlands ($274M).

The fastest growing import markets in Rough Wood for China between 2021 and 2022 were Papua New Guinea ($157M), Mexico ($44.4M), and Equatorial Guinea ($27.7M).

COMPANIES In 2023, leading companies such as General Motors (14), Jo-Ann Stores (8), and Euromarket Designs (7) were at the forefront of shipping Rough Wood from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Rough Wood exports accounted up to $1.48M and imports accounted up to $433M, resulting in a negative trade balance of $431M. Between July 2021 and August 2024 the exports of China's   Rough Wood have increased by $966k (187%) from $517k to $1.48M, while imports decreased by $-36.5M (-7.77%) from $469M to $433M.

Destinations In August 2024, Rough Wood were exported mostly to , and were imported mostly from New Zealand ($161M), United States ($72.5M), Papua New Guinea ($35.8M), Solomon Islands ($22.9M), and Canada ($19.3M).

Growth In August 2024, the increase in Rough Wood's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Rough Wood's year-by-year imports was explained primarily by a decrease in imports from Germany ($-52.6M or -37.7%), Equatorial Guinea ($-20M or -83.7%), and Czechia ($-19M or -71.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2021 - August 2024)$966k(187%)
IMPORT GROWTH (October 2023 - October 2024)$-36.5M(-7.77%)
MAIN EXPORTER (August 2024)Jiangsu Province$2.02M
MAIN DESTINATION (August 2024)

This section shows Rough 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 Rough Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.4M
IMPORTS (2022)$6.5B
NET TRADE (2022)-$6.48B

In 2022, China exported $25.4M in Rough Wood. The main destinations of China exports on Rough Wood were Vietnam ($17.2M), United States ($2.11M), Cambodia ($1.7M), United Kingdom ($732k), and Hong Kong ($545k).

In 2022, China imported $6.5B in Rough Wood, mainly from New Zealand ($2.01B), United States ($747M), Germany ($483M), Papua New Guinea ($473M), and Netherlands ($274M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$12.9M (303%)
United States$965k (84.4%)
Hong Kong$478k (708%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY China WERE (2021 - 2022):
Singapore-$1.52M (-98.2%)
Cambodia-$1.28M (-43%)
Chinese Taipei-$900k (-90.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rough Wood were:
New Zealand $2.3B
United States $1.99B
Germany $1.17B
In 2022, China's main importing competitors in Rough Wood were:
India $951M
Austria $829M

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $1.19M
TOP IMPORT POTENTIALRussia+ $102M

Rough Wood’s highest export potential is Vietnam. With an export gap of $1.19M.   Rough Wood’s highest import potential is Russia with an import gap of $102M.

See methodology.

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