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Wooden articles n.e.c. in heading no. 4414 to 4420

4421 (Harmonized System 1992 for 4-digit)

2023
World Trade $7.38BRnk 437 / 1217
2023
Top Exporter | Top Importer $2.83B | $1.67BChina | United States
2023
Product Complexity -0.43Rnk 702 / 1044
2022 - 2023
Export Growth (CAGR) -16.4%Rnk 951 / 1217
2023
Share of World Trade 0.033%Rnk 437 / 1217

About

Overview This page contains the latest trade data of Other Wood Articles. In 2023, Other Wood Articles were the world's 437th most traded product, with a total trade of $7.38B. Between 2022 and 2023 the exports of Other Wood Articles decreased by -16.4%, from $8.82B to $7.38B. Trade in Other Wood Articles represent 0.033% of total world trade.

Other Wood Articles are a part of Wood, wood articles, & charcoal. They include Wooden articles nes and Clothes hangers of wood.

Exports In 2023 the top exporters of Other Wood Articles  were China ($2.83B), Poland ($509M), Germany ($422M), Indonesia ($413M), and Canada ($380M).

Imports In 2023 the top importers of Other Wood Articles were United States ($1.67B), Germany ($750M), Japan ($540M), France ($467M), and China ($286M).

Ranking Other Wood Articles ranks 702nd in the Product Complexity Index (PCI).

Description Other articles of wood could include household items or carpentry utility items

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Other Wood Articles. 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)China$2.83B
Top Destination (2023)United States$1.67B

In 2023 Other Wood Articles were the world's 437th most traded product (out of 1,217).

In 2023, the top exporters of Other Wood Articles were China ($2.83B), Poland ($509M), Germany ($422M), Indonesia ($413M), and Canada ($380M).

In 2023, the top importers of Other Wood Articles were United States ($1.67B), Germany ($750M), Japan ($540M), France ($467M), and China ($286M).

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Exporters of Other Wood Articles (2023)
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Importers of Other Wood Articles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Greece$14.4M
Top Destination Growth (2022 -  2023)Vietnam$48.5M

Between 2022 and 2023, the exports of Other Wood Articles grew the fastest in Greece ($14.4M), Turkey ($14M), Kazakhstan ($11.3M), Denmark ($8.65M), and Spain ($7.98M).

Between 2022 and 2023, the fastest growing importers of Other Wood Articles were Vietnam ($48.5M), Greece ($16M), Mexico ($15.3M), Uzbekistan ($9.46M), and South Africa ($9.38M).

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Exporters of Other Wood Articles (2022 - 2023)

Importers of Other Wood Articles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Wood Articles.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Other Wood Articles are explained by 16 countries.

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Value of Exports in Other Wood Articles

Net Trade

TOP NET EXPORTER (2023)China$2.55B
TOP NET IMPORTER (2023)United States$1.53B

This map shows which countries export or import more of Other Wood Articles. Each country is colored based on the difference in exports and imports of Other Wood Articles during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Wood Articles were China ($2.55B), Indonesia ($377M), Poland ($368M), Canada ($170M), and Mexico ($123M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Wood Articles were United States ($1.53B), Japan ($521M), France ($383M), Germany ($328M), and United Kingdom ($235M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Wood Articles, disaggragated by their HS6 level were Wooden articles nes ($6.97B) and Clothes hangers of wood ($409M)

HS6 Disaggregation for Other Wood Articles (2023)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Other Wood Articles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $32.8M
TOP IMPORT POTENTIALRussia+ $10.3M

Other Wood Articles’s highest export potential is India. With an export gap of $32.8M.  Other Wood Articles’s highest import potential is Russia with an import gap of $10.3M.

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 (2023)

Related Products

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

Country by Relatedness

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

Relative Relatedness by Country (2023)

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