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440791 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.03BRnk 1417 / 4644
2023
Top Exporter | Top Importer $781M | $377MUnited States | China
2023
Product Complexity 0.13Rnk 2323 / 4656
2022 - 2023
Export Growth (CAGR) -22.8%Rnk 3879 / 4644
2023
Share of World Trade 0.009%Rnk 1417 / 4644

About

Overview This page contains the latest trade data of Lumber, Oak (Quercus spp). In 2023, Lumber, Oak (Quercus spp) were the world's 1417th most traded product, with a total trade of $2.03B. Between 2022 and 2023 the exports of Lumber, Oak (Quercus spp) decreased by -22.8%, from $2.63B to $2.03B. Trade in Lumber, Oak (Quercus spp) represent 0.009% of total world trade.

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

Exports In 2023 the top exporters of Lumber, Oak (Quercus spp)  were United States ($781M), Croatia ($200M), France ($161M), Ukraine ($96.9M), and Germany ($95.3M).

Imports In 2023 the top importers of Lumber, Oak (Quercus spp) were China ($377M), United Kingdom ($191M), Italy ($114M), Canada ($108M), and Germany ($91.6M).

Ranking Lumber, Oak (Quercus spp) ranks 2323rd 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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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 (2023)United States$781M
Top Destination (2023)China$377M

In 2023 Lumber, Oak (Quercus spp) were the world's 1417th most traded product (out of 4,644).

In 2023, the top exporters of Lumber, Oak (Quercus spp) were United States ($781M), Croatia ($200M), France ($161M), Ukraine ($96.9M), and Germany ($95.3M).

In 2023, the top importers of Lumber, Oak (Quercus spp) were China ($377M), United Kingdom ($191M), Italy ($114M), Canada ($108M), and Germany ($91.6M).

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Exporters of Lumber, Oak (Quercus spp) (2023)
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Importers of Lumber, Oak (Quercus spp) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Luxembourg$1.77M
Top Destination Growth (2022 -  2023)Spain$6.27M

Between 2022 and 2023, the exports of Lumber, Oak (Quercus spp) grew the fastest in Luxembourg ($1.77M), Denmark ($397k), Burma ($250k), Ghana ($219k), and Japan ($185k).

Between 2022 and 2023, the fastest growing importers of Lumber, Oak (Quercus spp) were Spain ($6.27M), France ($4.85M), Slovakia ($4.29M), Morocco ($2.34M), and Netherlands ($1.74M).

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Exporters of Lumber, Oak (Quercus spp) (2022 - 2023)

Importers of Lumber, Oak (Quercus spp) (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Lumber, Oak (Quercus spp) are explained by 12 countries.

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Value of Exports in Lumber, Oak (Quercus spp)

Net Trade

TOP NET EXPORTER (2023)United States$763M
TOP NET IMPORTER (2023)China$366M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lumber, Oak (Quercus spp) were United States ($763M), Croatia ($170M), France ($99.6M), Ukraine ($95.5M), and Russia ($64.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Lumber, Oak (Quercus spp) were China ($366M), United Kingdom ($186M), Vietnam ($89.1M), Canada ($72M), and Spain ($59.2M).

Net Trade (2023)

Country Comparison

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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 (2023)

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