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Plywood, veneered panels and similar laminated wood

4412 (Harmonized System 1992 for 4-digit)

2023
World Trade $15.5BRnk 263 / 1217
2023
Top Exporter | Top Importer $4.01B | $2.9BChina | United States
2023
Product Complexity -0.79Rnk 801 / 1044
2022 - 2023
Export Growth (CAGR) -24.8%Rnk 1105 / 1217
2023
Share of World Trade 0.068%Rnk 263 / 1217

About

Overview This page contains the latest trade data of Plywood. In 2023, Plywood were the world's 263rd most traded product, with a total trade of $15.5B. Between 2022 and 2023 the exports of Plywood decreased by -24.8%, from $20.6B to $15.5B. Trade in Plywood represent 0.068% of total world trade.

Plywood are a part of Wood, wood articles, & charcoal. They include Plywood, 1 or 2 outer ply non-conifer nes (ply <6 mm), Plywood 1 or 2 outer ply tropical hardwood (ply <6 mm, Plywood, all softwood, each ply < 6mm thick, Panels, laminated wood, nes, Panels, 1 outer ply non-coniferous wood nes, Panels, 1 outer ply non-conifer & 1 ply particle boar, and Plywood with tropical wood outer ply.

Exports In 2023 the top exporters of Plywood  were China ($4.01B), Indonesia ($1.73B), Vietnam ($849M), Russia ($757M), and Brazil ($735M).

Imports In 2023 the top importers of Plywood were United States ($2.9B), Japan ($1.16B), Germany ($919M), United Kingdom ($646M), and Netherlands ($475M).

Ranking Plywood ranks 801st in the Product Complexity Index (PCI).

Description Plywood is a type of wood that is made up of several thin sheets of wood glued together. It is used in a variety of applications, such as furniture and construction.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Plywood. 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$4.01B
Top Destination (2023)United States$2.9B

In 2023 Plywood were the world's 263rd most traded product (out of 1,217).

In 2023, the top exporters of Plywood were China ($4.01B), Indonesia ($1.73B), Vietnam ($849M), Russia ($757M), and Brazil ($735M).

In 2023, the top importers of Plywood were United States ($2.9B), Japan ($1.16B), Germany ($919M), United Kingdom ($646M), and Netherlands ($475M).

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Exporters of Plywood (2023)
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Importers of Plywood (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Latvia$60.9M
Top Destination Growth (2022 -  2023)Kazakhstan$80.7M

Between 2022 and 2023, the exports of Plywood grew the fastest in Latvia ($60.9M), Kazakhstan ($59.6M), Estonia ($35.2M), Nepal ($33.8M), and Turkey ($23.6M).

Between 2022 and 2023, the fastest growing importers of Plywood were Kazakhstan ($80.7M), Turkey ($79.5M), India ($65.6M), China ($33.8M), and Poland ($17.8M).

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Exporters of Plywood (2022 - 2023)

Importers of Plywood (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Plywood.

In 2023, market concentration measured using Shannon Entropy, was 4.46. This means that most of the exports of Plywood are explained by 21 countries.

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Value of Exports in Plywood

Net Trade

TOP NET EXPORTER (2023)China$3.79B
TOP NET IMPORTER (2023)United States$2.66B

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

In 2023, the countries that had a largest trade value in exports than in imports of Plywood were China ($3.79B), Indonesia ($1.68B), Russia ($747M), Brazil ($728M), and Vietnam ($695M).

In 2023, the countries that had a largest trade value in imports than in exports of Plywood were United States ($2.66B), Japan ($1.07B), United Kingdom ($607M), Germany ($597M), and Australia ($460M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Plywood, disaggragated by their HS6 level were Plywood, 1 or 2 outer ply... ($6.22B), Panels, laminated wood, nes ($3.34B), Plywood 1 or 2 outer ply... ($3.05B), and Plywood, all softwood, each ply <... ($2.85B)

HS6 Disaggregation for Plywood (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Plywood by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALMalaysia+ $30.1M
TOP IMPORT POTENTIALChina+ $11.4M

Plywood’s highest export potential is Malaysia. With an export gap of $30.1M.  Plywood’s highest import potential is China with an import gap of $11.4M.

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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 Plywood.

Country by Relatedness

The following visualization shows the relatedness of Plywood 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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