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2022
Exports $1.99BWorld Rnk 2 / 158
Flag Rnk 159 / 1217
2022
Destination $65.8M China
2021 - 2022
FASTEST GROWING MARKET $65.8MJapan
2022
PRODUCT COMPLEXITY IN Rough Wood-1.3Rnk 908 / 1025
2022
Imports $231MWorld Rnk 15 / 205
Flag Rnk 729 / 1216
2022
Origin $54.1M Canada
2021 - 2022
FASTEST GROWING ORIGIN $54.1MSweden
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.99B in Rough Wood, making it the 2nd largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 159th most exported product in United States. The main destination of Rough Wood exports from United States are: China ($747M), Japan ($508M), Canada ($309M), Vietnam ($108M), and India ($60.9M).

The fastest growing export markets for Rough Wood of United States between 2021 and 2022 were Japan ($65.8M), India ($37.9M), and Vietnam ($31M).

Imports In 2022, United States imported $231M in Rough Wood, becoming the 15th largest importer of Rough Wood in the world. At the same year, Rough Wood was the 729th most imported product in United States. United States imports Rough Wood primarily from: Canada ($151M), Sweden ($69M), China ($2.11M), Guyana ($873k), and Brazil ($722k).

The fastest growing import markets in Rough Wood for United States between 2021 and 2022 were Sweden ($54.1M), Canada ($24.3M), and China ($965k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (19), General Motors (14), and Euromarket Designs (11) were at the forefront of shipping Rough Wood to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Rough Wood exports accounted up to $164M and imports accounted up to $13.1M, resulting in a positive trade balance of $151M. Between June 2023 and June 2024 the exports of United States'   Rough Wood have increased by $31.2M (23.5%) from $133M to $164M, while imports decreased by $-4.37M (-25%) from $17.5M to $13.1M.

Destinations In June 2024, Rough Wood were exported mostly to China ($78.2M), Japan ($26.6M), Canada ($22.5M), Vietnam ($10.4M), and Ireland ($8.23M), and were imported mostly from Canada ($12.7M), Nigeria ($146k), China ($110k), New Zealand ($103k), and Chile ($43.2k).

Growth In June 2024, the increase in Rough Wood's year-by-year exports was explained primarily by an increase in exports to Japan ($11.2M or 31.3%), India ($1.3M or 83.4%), and Portugal ($744k or 194%). In June 2024, the decrease in Rough Wood's year-by-year imports was explained primarily by a decrease in imports from Sweden ($-2.43M or -45.8%), New Zealand ($-122k or -47.7%), and Brazil ($-85.7k or -66.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$31.2M(23.5%)
IMPORT GROWTH (June 2023 - June 2024)$-4.37M(-25%)
MAIN EXPORTER (June 2024)Washington$39.7M
MAIN DESTINATION (June 2024)China$78.2M

This section shows Rough Wood'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 Rough Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.99B
IMPORTS (2022)$231M
NET TRADE (2022)$1.76B

In 2022, United States exported $1.99B in Rough Wood. The main destinations of United States exports on Rough Wood were China ($747M), Japan ($508M), Canada ($309M), Vietnam ($108M), and India ($60.9M).

In 2022, United States imported $231M in Rough Wood, mainly from Canada ($151M), Sweden ($69M), China ($2.11M), Guyana ($873k), and Brazil ($722k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$65.8M (14.9%)
India$37.9M (165%)
Vietnam$31M (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY United States WERE (2021 - 2022):
China-$327M (-30.4%)
South Korea-$18.6M (-25.7%)
Pakistan-$6.39M (-47.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Rough Wood were:
New Zealand $2.3B
Germany $1.17B
In 2022, United States's main importing competitors in Rough Wood were:
China $6.5B
India $951M
Austria $829M

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $33M
TOP IMPORT POTENTIALCanada+ $27M

Rough Wood’s highest export potential is India. With an export gap of $33M.   Rough Wood’s highest import potential is Canada with an import gap of $27M.

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