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Fuel wood, in logs, billets, twigs, faggots or similar forms; wood in chip or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms

4401 (Harmonized System 1992 for 4-digit)

2022
World Trade $14.2BRnk 296 / 1218
2022
Top Exporter | Top Importer $3.69B | $2.64BVietnam | China
2022
Product Complexity -0.34Rnk 667 / 1033
2021 - 2022
Export Growth (CAGR) 29.6%Rnk 93 / 1218
2022
Share of World Trade 0.06%Rnk 296 / 1218

About

Overview This page contains the latest trade data of Fuel Wood. In 2022, Fuel Wood were the world's 296th most traded product, with a total trade of $14.2B. Between 2021 and 2022 the exports of Fuel Wood grew by 29.6%, from $11B to $14.2B. Trade in Fuel Wood represent 0.06% of total world trade.

Fuel Wood are a part of Wood, wood articles, & charcoal. They include Wood in chips, non-coniferous, Sawdust, wood waste or scrap, Wood in chips, coniferous, and Fuel wood.

Exports In 2022 the top exporters of Fuel Wood  were Vietnam ($3.69B), United States ($2.02B), Latvia ($712M), Canada ($665M), and Germany ($593M).

Imports In 2022 the top importers of Fuel Wood were China ($2.64B), Japan ($2.55B), United Kingdom ($1.67B), Italy ($1.04B), and South Korea ($808M).

Ranking Fuel Wood ranks 667th in the Product Complexity Index (PCI).

Description Fuel wood is used for heating homes and cooking.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Fuel Wood. 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)Vietnam$3.69B
Top Destination (2022)China$2.64B

In 2022 Fuel Wood were the world's 296th most traded product (out of 1,218).

In 2022, the top exporters of Fuel Wood were Vietnam ($3.69B), United States ($2.02B), Latvia ($712M), Canada ($665M), and Germany ($593M).

In 2022, the top importers of Fuel Wood were China ($2.64B), Japan ($2.55B), United Kingdom ($1.67B), Italy ($1.04B), and South Korea ($808M).

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Exporters of Fuel Wood (2022)
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Importers of Fuel Wood (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$1.38B
Top Destination Growth (2021 -  2022)China$887M

Between 2021 and 2022, the exports of Fuel Wood grew the fastest in Vietnam ($1.38B), United States ($497M), Thailand ($217M), Germany ($173M), and Poland ($125M).

Between 2021 and 2022, the fastest growing importers of Fuel Wood were China ($887M), Japan ($471M), South Korea ($313M), Italy ($251M), and Germany ($210M).

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Exporters of Fuel Wood (2021 - 2022)

Importers of Fuel Wood (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fuel Wood.

In 2022, market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Fuel Wood are explained by 20 countries.

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Value of Exports in Fuel Wood

Net Trade

TOP NET EXPORTER (2022)Vietnam$3.69B
TOP NET IMPORTER (2022)China$2.63B

This map shows which countries export or import more of Fuel Wood. Each country is colored based on the difference in exports and imports of Fuel Wood during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Fuel Wood were Vietnam ($3.69B), United States ($1.84B), Latvia ($596M), Canada ($573M), and Thailand ($460M).

In 2022, the countries that had a largest trade value in imports than in exports of Fuel Wood were China ($2.63B), Japan ($2.55B), United Kingdom ($1.63B), Italy ($1B), and South Korea ($808M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Fuel Wood, disaggragated by their HS6 level were Sawdust, wood waste or scrap ($7.49B), Wood in chips, non-coniferous ($4.74B), Wood in chips, coniferous ($1.19B), and Fuel wood ($777M)

HS6 Disaggregation for Fuel Wood (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Fuel Wood by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $14.4M
TOP IMPORT POTENTIALUnited States+ $516k

Fuel Wood’s highest export potential is United Kingdom. With an export gap of $14.4M.  Fuel Wood’s highest import potential is United States with an import gap of $516k.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Fuel Wood.

Country by Relatedness

The following visualization shows the relatedness of Fuel Wood to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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