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Pricing

Wood; engineered structural timber products, I beams

441883 (Harmonized System 2022 for 6-digit)

2023
World Trade $472MRnk 3209 / 5606
2023
Top Exporter | Top Importer $257M | $258MCanada | United States
2023
Product Complexity 1.37Rnk 301 / 5606
2022 - 2023
Export Growth (CAGR) -13.6%Rnk 3854 / 5606
2023
Share of World Trade 0.0021%Rnk 3209 / 5606

About

Overview This page contains the latest trade data of I-Beam Timber. In 2023, I-Beam Timber were the world's 3209th most traded product, with a total trade of $472M. Between 2022 and 2023 the exports of I-Beam Timber decreased by -13.6%, from $547M to $472M. Trade in I-Beam Timber represent 0.0021% of total world trade.

I-Beam Timber are a part of Wood Carpentry.

Exports In 2023 the top exporters of I-Beam Timber  were Canada ($257M), United States ($93.1M), Poland ($50.7M), Sweden ($10.7M), and China ($10.6M).

Imports In 2023 the top importers of I-Beam Timber were United States ($258M), Canada ($88.9M), United Kingdom ($34M), Australia ($33.7M), and Italy ($6.93M).

Ranking I-Beam Timber ranks 301st 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 I-Beam Timber. 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

Year
Top Origin (2023)Canada$257M
Top Destination (2023)United States$258M

In 2023 I-Beam Timber were the world's 3209th most traded product (out of 5,606).

In 2023, the top exporters of I-Beam Timber were Canada ($257M), United States ($93.1M), Poland ($50.7M), Sweden ($10.7M), and China ($10.6M).

In 2023, the top importers of I-Beam Timber were United States ($258M), Canada ($88.9M), United Kingdom ($34M), Australia ($33.7M), and Italy ($6.93M).

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Exporters of I-Beam Timber (2023)
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Importers of I-Beam Timber (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Ireland$7.73M
Top Destination Growth (2022 -  2023)Italy$6.79M

Between 2022 and 2023, the exports of I-Beam Timber grew the fastest in Ireland ($7.73M), Vietnam ($5.98M), China ($3.85M), Russia ($1.65M), and United Kingdom ($1.07M).

Between 2022 and 2023, the fastest growing importers of I-Beam Timber were Italy ($6.79M), Uzbekistan ($1.35M), Greece ($1.34M), New Zealand ($913k), and Turkey ($734k).

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Exporters of I-Beam Timber (2022 - 2023)

Importers of I-Beam Timber (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of I-Beam Timber.

In 2023, market concentration measured using Shannon Entropy, was 2.28. This means that most of the exports of I-Beam Timber are explained by 4 countries.

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Value of Exports in I-Beam Timber

Net Trade

Year
TOP NET EXPORTER (2023)Canada$168M
TOP NET IMPORTER (2023)United States$164M

This map shows which countries export or import more of I-Beam Timber. Each country is colored based on the difference in exports and imports of I-Beam Timber during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of I-Beam Timber were Canada ($168M), Poland ($50.6M), China ($10.5M), Sweden ($8.69M), and Ireland ($8.16M).

In 2023, the countries that had a largest trade value in imports than in exports of I-Beam Timber were United States ($164M), Australia ($31.4M), United Kingdom ($27.7M), Italy ($5.8M), and France ($4.79M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of I-Beam Timber by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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