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Wood; coniferous species, of Hem-fir (western hemlock (Tsuga heterophylla) and fir (Abies spp.))

440714 (Harmonized System 2022 for 6-digit)

2022
World Trade $352MRnk 3578 / 5606
2022
Top Exporter | Top Importer $313M | $141MCanada | United States
2022
Product Complexity 0.83Rnk 1184 / 5606
2022
Share of World Trade 0.0015%Rnk 3578 / 5606

About

Overview This page contains the latest trade data of Hem-Fir Wood. In 2022, Hem-Fir Wood were the world's 3578th most traded product, with a total trade of $352M.

Hem-Fir Wood are a part of Sawn Wood.

Exports In 2022 the top exporters of Hem-Fir Wood  were Canada ($313M), United States ($24M), Switzerland ($3.96M), China ($2.48M), and Romania ($2.2M).

Imports In 2022 the top importers of Hem-Fir Wood were United States ($141M), Japan ($61.4M), China ($56.4M), Chinese Taipei ($23.4M), and Canada ($13.6M).

Ranking Hem-Fir Wood ranks 1184th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hem-Fir 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)Canada$313M
Top Destination (2022)United States$141M

In 2022 Hem-Fir Wood were the world's 3578th most traded product (out of 5,606).

In 2022, the top exporters of Hem-Fir Wood were Canada ($313M), United States ($24M), Switzerland ($3.96M), China ($2.48M), and Romania ($2.2M).

In 2022, the top importers of Hem-Fir Wood were United States ($141M), Japan ($61.4M), China ($56.4M), Chinese Taipei ($23.4M), and Canada ($13.6M).

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Exporters of Hem-Fir Wood (2022)
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Importers of Hem-Fir Wood (2022)
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Market Dynamics

Color
Top Origin Growth (false -  2022)Canada$313M
Top Destination Growth (false -  2022)United States$141M

Between false and 2022, the exports of Hem-Fir Wood grew the fastest in Canada ($313M), United States ($24M), Switzerland ($3.96M), China ($2.48M), and Romania ($2.2M).

Between false and 2022, the fastest growing importers of Hem-Fir Wood were United States ($141M), Japan ($61.4M), China ($56.4M), Chinese Taipei ($23.4M), and Canada ($13.6M).

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Exporters of Hem-Fir Wood (NaN - 2022)

Importers of Hem-Fir Wood (NaN - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hem-Fir Wood.

In 2022, market concentration measured using Shannon Entropy, was 0.76. This means that most of the exports of Hem-Fir Wood are explained by 1 countries.

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Value of Exports in Hem-Fir Wood

Net Trade

TOP NET EXPORTER (2022)Canada$299M
TOP NET IMPORTER (2022)United States$117M

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

In 2022, the countries that had a largest trade value in exports than in imports of Hem-Fir Wood were Canada ($299M), Switzerland ($2.43M), Slovenia ($1.63M), Romania ($1.33M), and Russia ($270k).

In 2022, the countries that had a largest trade value in imports than in exports of Hem-Fir Wood were United States ($117M), Japan ($61.4M), China ($53.9M), Hong Kong ($9.92M), and Germany ($3.7M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Hem-Fir 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 (2022)

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