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Pricing

440791 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.55BRnk 1277 / 4648
2022
Top Exporter | Top Importer $1.04B | $520MUnited States | China
2022
Product Complexity 0.44Rnk 1741 / 4653
2021 - 2022
Export Growth (CAGR) 4.08%Rnk 2366 / 4648
2022
Share of World Trade 0.011%Rnk 1277 / 4648

About

Overview This page contains the latest trade data of Lumber, Oak (Quercus spp). In 2022, Lumber, Oak (Quercus spp) were the world's 1277th most traded product, with a total trade of $2.55B. Between 2021 and 2022 the exports of Lumber, Oak (Quercus spp) grew by 4.08%, from $2.45B to $2.55B. Trade in Lumber, Oak (Quercus spp) represent 0.011% of total world trade.

Lumber, Oak (Quercus spp) are a part of Sawn Wood.

Exports In 2022 the top exporters of Lumber, Oak (Quercus spp)  were United States ($1.04B), Croatia ($224M), France ($215M), Germany ($113M), and Poland ($104M).

Imports In 2022 the top importers of Lumber, Oak (Quercus spp) were China ($520M), United Kingdom ($221M), Italy ($151M), Germany ($133M), and Canada ($123M).

Ranking Lumber, Oak (Quercus spp) ranks 1741st in the Product Complexity Index (PCI).

Description Oak is the most commonly used wood in the world, which is a term used to describe the wood of a tree that is found in the temperate regions of the northern hemisphere. The oak genus includes about 600 species, and the wood is used in a variety of products, including furniture and windows. The wood is hard and strong, and is a good choice for building construction.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Lumber, Oak (Quercus spp). Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$1.04B
Top Destination (2022)China$520M

In 2022 Lumber, Oak (Quercus spp) were the world's 1277th most traded product (out of 4,648).

In 2022, the top exporters of Lumber, Oak (Quercus spp) were United States ($1.04B), Croatia ($224M), France ($215M), Germany ($113M), and Poland ($104M).

In 2022, the top importers of Lumber, Oak (Quercus spp) were China ($520M), United Kingdom ($221M), Italy ($151M), Germany ($133M), and Canada ($123M).

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Exporters of Lumber, Oak (Quercus spp) (2022)
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Importers of Lumber, Oak (Quercus spp) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Croatia$44.6M
Top Destination Growth (2021 -  2022)Italy$39M

Between 2021 and 2022, the exports of Lumber, Oak (Quercus spp) grew the fastest in Croatia ($44.6M), United States ($37.9M), Bosnia and Herzegovina ($15.3M), Ukraine ($13.6M), and Poland ($13.6M).

Between 2021 and 2022, the fastest growing importers of Lumber, Oak (Quercus spp) were Italy ($39M), China ($27.6M), Austria ($21.1M), Spain ($16.6M), and France ($15.4M).

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Exporters of Lumber, Oak (Quercus spp) (2021 - 2022)

Importers of Lumber, Oak (Quercus spp) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lumber, Oak (Quercus spp).

In 2022, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Lumber, Oak (Quercus spp) are explained by 11 countries.

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Value of Exports in Lumber, Oak (Quercus spp)

Net Trade

TOP NET EXPORTER (2022)United States$1.02B
TOP NET IMPORTER (2022)China$506M

This map shows which countries export or import more of Lumber, Oak (Quercus spp). Each country is colored based on the difference in exports and imports of Lumber, Oak (Quercus spp) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lumber, Oak (Quercus spp) were United States ($1.02B), Croatia ($185M), France ($146M), Ukraine ($88.6M), and Russia ($57.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Lumber, Oak (Quercus spp) were China ($506M), United Kingdom ($218M), Vietnam ($116M), Canada ($67.6M), and Spain ($65M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Lumber, Oak (Quercus spp).
It is possible to select the main countries that export or import Lumber, Oak (Quercus spp) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lumber, Oak (Quercus spp) by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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