Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared

4403 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Rough Wood. In 2023, Rough Wood were the world's 296th most traded product, with a total trade of $13.2B. Between 2022 and 2023 the exports of Rough Wood decreased by -21.4%, from $16.8B to $13.2B. Trade in Rough Wood represent 0.058% of total world trade.

Rough Wood are a part of Wood, wood articles, & charcoal. They include Logs, poles, coniferous not treated or painted, Logs, non-coniferous nes, Logs, Keruing/Ramin/Kapur/Teak/Jongkong/Merbau/etc, Logs, Oak (Quercus spp), Poles, treated or painted with preservatives, Logs, Beech (Fagus spp), Logs, Meranti (light or dark red), Bakau, Logs, Okoume/Obeche/Sapelli/Sipo/Acajou d'Afrique/etc, Logs, white Lauan/Meranti/Seraya/yellow Meranti/Alan, and Logs, Tiama, Mansonia, Ilomba, Dibetou, Limba, Azobe, among others.

Exports In 2023 the top exporters of Rough Wood  were New Zealand ($2.19B), United States ($1.67B), Germany ($1.1B), Papua New Guinea ($520M), and Czechia ($519M).

Imports In 2023 the top importers of Rough Wood were China ($5.64B), India ($836M), Austria ($824M), Sweden ($636M), and Japan ($544M).

Ranking Rough Wood ranks 934th in the Product Complexity Index (PCI).

Description Wood is a renewable resource that can be used in many ways. Wood can be used for construction, as a fuel source, and as a material for furniture.

Latest Data

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The following visualization shows the latest trends on Rough 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 (2023)New Zealand$2.19B
Top Destination (2023)China$5.64B

In 2023 Rough Wood were the world's 296th most traded product (out of 1,217).

In 2023, the top exporters of Rough Wood were New Zealand ($2.19B), United States ($1.67B), Germany ($1.1B), Papua New Guinea ($520M), and Czechia ($519M).

In 2023, the top importers of Rough Wood were China ($5.64B), India ($836M), Austria ($824M), Sweden ($636M), and Japan ($544M).

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Exporters of Rough Wood (2023)
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Importers of Rough Wood (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Honduras$46.6M
Top Destination Growth (2022 -  2023)Sweden$105M

Between 2022 and 2023, the exports of Rough Wood grew the fastest in Honduras ($46.6M), Spain ($45.5M), Finland ($36.7M), Bolivia ($32M), and Argentina ($31.7M).

Between 2022 and 2023, the fastest growing importers of Rough Wood were Sweden ($105M), Lithuania ($25.6M), Czechia ($14.3M), Spain ($12.9M), and Mexico ($10.4M).

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Exporters of Rough Wood (2022 - 2023)

Importers of Rough Wood (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rough Wood.

In 2023, market concentration measured using Shannon Entropy, was 4.93. This means that most of the exports of Rough Wood are explained by 30 countries.

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Value of Exports in Rough Wood

Net Trade

TOP NET EXPORTER (2023)New Zealand$2.18B
TOP NET IMPORTER (2023)China$5.63B

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

In 2023, the countries that had a largest trade value in exports than in imports of Rough Wood were New Zealand ($2.18B), United States ($1.45B), Germany ($612M), Papua New Guinea ($520M), and Czechia ($347M).

In 2023, the countries that had a largest trade value in imports than in exports of Rough Wood were China ($5.63B), India ($797M), Austria ($745M), Sweden ($426M), and Japan ($363M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Rough Wood, disaggragated by their HS6 level were Logs, poles, coniferous not treated or... ($7.22B), Logs, non-coniferous nes ($4.07B), Logs, Oak (Quercus spp) ($745M), Poles, treated or painted with preservatives ($657M), and Logs, Beech (Fagus spp) ($381M)

HS6 Disaggregation for Rough Wood (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 Rough Wood.
It is possible to select the main countries that export or import Rough Wood in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rough Wood by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $9.97M
TOP IMPORT POTENTIALUnited States+ $144k

Rough Wood’s highest export potential is India. With an export gap of $9.97M.  Rough Wood’s highest import potential is United States with an import gap of $144k.

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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)

Country by Relatedness

The following visualization shows the relatedness of Rough Wood 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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