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440110 (Harmonized System 1992 for 6-digit)

2023
World Trade $667MRnk 2552 / 4644
2023
Top Exporter | Top Importer $136M | $110MLatvia | United Kingdom
2023
Product Complexity -0.56Rnk 3310 / 4656
2022 - 2023
Export Growth (CAGR) -14.3%Rnk 3169 / 4644
2023
Share of World Trade 0.0029%Rnk 2552 / 4644

About

Overview This page contains the latest trade data of Fuel wood. In 2023, Fuel wood were the world's 2552nd most traded product, with a total trade of $667M. Between 2022 and 2023 the exports of Fuel wood decreased by -14.3%, from $778M to $667M. Trade in Fuel wood represent 0.0029% of total world trade.

Fuel wood are a part of Fuel Wood.

Exports In 2023 the top exporters of Fuel wood  were Latvia ($136M), Bosnia and Herzegovina ($58.9M), Lithuania ($55.5M), Ukraine ($41.1M), and Eswatini ($36.8M).

Imports In 2023 the top importers of Fuel wood were United Kingdom ($110M), Italy ($51.8M), South Africa ($41.2M), Finland ($39.2M), and Austria ($38.2M).

Ranking Fuel wood ranks 3310th in the Product Complexity Index (PCI).

Description Fuel wood is used for cooking and heating.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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 (2023)Latvia$136M
Top Destination (2023)United Kingdom$110M

In 2023 Fuel wood were the world's 2552nd most traded product (out of 4,644).

In 2023, the top exporters of Fuel wood were Latvia ($136M), Bosnia and Herzegovina ($58.9M), Lithuania ($55.5M), Ukraine ($41.1M), and Eswatini ($36.8M).

In 2023, the top importers of Fuel wood were United Kingdom ($110M), Italy ($51.8M), South Africa ($41.2M), Finland ($39.2M), and Austria ($38.2M).

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Exporters of Fuel wood (2023)
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Importers of Fuel wood (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$7.38M
Top Destination Growth (2022 -  2023)Finland$28M

Between 2022 and 2023, the exports of Fuel wood grew the fastest in Sweden ($7.38M), Denmark ($5.06M), France ($4.59M), Norway ($4.01M), and Latvia ($3.89M).

Between 2022 and 2023, the fastest growing importers of Fuel wood were Finland ($28M), Austria ($11.6M), United States ($10M), United Kingdom ($8.47M), and Sweden ($6.98M).

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Exporters of Fuel wood (2022 - 2023)

Importers of Fuel wood (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Fuel wood are explained by 22 countries.

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Value of Exports in Fuel wood

Net Trade

TOP NET EXPORTER (2023)Latvia$130M
TOP NET IMPORTER (2023)United Kingdom$102M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Fuel wood were Latvia ($130M), Bosnia and Herzegovina ($58.8M), Lithuania ($51.9M), Ukraine ($41.1M), and Estonia ($28M).

In 2023, the countries that had a largest trade value in imports than in exports of Fuel wood were United Kingdom ($102M), Italy ($49M), Finland ($38.4M), United States ($35.4M), and Austria ($34.5M).

Net Trade (2023)

Country Comparison

Flow
Measure
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

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 (2023)

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