HS Icon Wood Products in  Flag Russia

2020
Exports | Imports
: $8.44B | $697M, World Rnk 4 / 221
Flag Rnk 7 / 21 | World Rnk 38 / 226
Flag Rnk 19 / 21

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $65.6M | $27M, Finland |  Belarus

2020
ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127

2020
PRODUCT COMPLEXITY  IN Wood Products
: 0.15, Rnk 504 / 1029

Exports In 2020, Russia exported $8.44B in Wood Products, making it the 4th largest exporter of Wood Products in the world. At the same year, Wood Products was the 7th most exported product in Russia. The main destination of Wood Products exports from Russia are: China ($3.08B), Finland ($593M), Uzbekistan ($429M), Egypt ($386M), and Japan ($369M).

The fastest growing export markets for Wood Products of Russia between 2019 and 2020 were Finland ($65.6M), United Kingdom ($37.6M), and Belgium ($33.2M).

Imports In 2020, Russia imported $697M in Wood Products, becoming the 38th largest importer of Wood Products in the world. At the same year, Wood Products was the 19th most imported product in Russia. Russia imports Wood Products primarily from: Belarus ($244M), China ($127M), Germany ($58.8M), Poland ($46.1M), and Portugal ($35.2M).

The fastest growing import markets in Wood Products for Russia between 2019 and 2020 were Belarus ($27M), Turkey ($4.61M), and Poland ($1.21M).

Tariffs In 2018, the average tariff for Russia in Wood Products was 8.56%. The countries with the highest import tariffs for Wood Products were Angola (Most Favoured Nation duty rate treatement, 9.21%), Burundi (Most Favoured Nation duty rate treatement, 9.21%), Benin (Most Favoured Nation duty rate treatement, 9.21%), Burkina Faso (Most Favoured Nation duty rate treatement, 9.21%), and Botswana (Most Favoured Nation duty rate treatement, 9.21%).

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wood Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $8.44B

IMPORTS (2020): $697M

NET TRADE (2020): $7.74B

In 2020, Russia exported $8.44B in Wood Products. The main destinations of Russia exports on Wood Products were China ($3.08B), Finland ($593M), Uzbekistan ($429M), Egypt ($386M), and Japan ($369M).

In 2020, Russia imported $697M in Wood Products, mainly from Belarus ($244M), China ($127M), Germany ($58.8M), Poland ($46.1M), and Portugal ($35.2M).

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Flow

THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Russia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Russia WERE (2019 - 2020):

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Market Concentration

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In 2020, Russia's main exporting competitors in Wood Products were:

In 2020, Russia's main importing competitors in Wood Products were:

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