Wood Crates4415 (Harmonized System 1992 for 4-digit)
2020 World Trade: $3.64B, Rnk 574 / 1217
2020 Top Exporter | Top Importer: $588M | $730M, Poland | Germany
2020 Product Complexity: 0.059, Rnk 531 / 1028
2019 - 2020 Export Growth (CAGR): -5.7%, Rnk 549 / 1217
2018 Mean Tariff: 11.5%, Rnk 331 / 1259
2020 Share of World Trade: 0.022%, Rnk 574 / 1217
Overview This page contains the latest trade data of Wood Crates. In 2020, Wood Crates were the world's 574th most traded product, with a total trade of $3.64B. Between 2019 and 2020 the exports of Wood Crates decreased by -5.7%, from $3.86B to $3.64B. Trade in Wood Crates represent 0.022% of total world trade.
Wood Crates are a part of Wood, wood articles, & charcoal. They include Wooden pallets, box pallets and load boards and Wooden cases, boxes, crates, drums and containers.
Exports In 2020 the top exporters of Wood Crates were Poland ($588M), Germany ($340M), Czechia ($221M), Netherlands ($221M), and Belgium ($175M).
Imports In 2020 the top importers of Wood Crates were Germany ($730M), United States ($276M), France ($273M), Netherlands ($227M), and Belgium ($225M).
Tariffs In 2018 the average tariff for Wood Crates was 11.5%, making it the 331st lowest tariff using the HS4 product classification.
Ranking Wood Crates ranks 531st in the Product Complexity Index (PCI).
Description Wood packing cases, boxes or crates are used to transport and store items. They are often used for shipping purposes, as well as for storage.
The following visualization shows the latest trends on Wood Crates. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Wood Crates are the world's 574th most traded product.
In 2020, the top exporters of Wood Crates were Poland ($588M), Germany ($340M), Czechia ($221M), Netherlands ($221M), and Belgium ($175M).
In 2020, the top importers of Wood Crates were Germany ($730M), United States ($276M), France ($273M), Netherlands ($227M), and Belgium ($225M).
Trade by country
Between 2019 and 2020, the exports of Wood Crates grew the fastest in Ireland ($15M), Netherlands ($6.93M), Norway ($3.36M), Mexico ($2.18M), and China ($2.09M).
Between 2019 and 2020, the fastest growing importers of Wood Crates were Sweden ($6.2M), Vietnam ($5.82M), Italy ($3.48M), Saudi Arabia ($2.59M), and Denmark ($2.43M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Wood Crates.
In 2020, market concentration measured using Shannon Entropy, was 5. This means that most of the exports of Wood Crates are explained by 32 countries.
This map shows which countries export or import more of Wood Crates. Each country is colored based on the difference in exports and imports of Wood Crates during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Wood Crates were Poland ($513M), Czechia ($137M), Latvia ($82.9M), Lithuania ($76.5M), and Malaysia ($67.8M).
In 2020, the countries that had a largest trade value in imports than in exports of Wood Crates were Germany ($390M), France ($163M), United States ($151M), Italy ($82.1M), and Singapore ($74.5M).
In 2020, the world most traded Wood Crates, disaggragated by their HS6 level were Wooden pallets, box pallets and load... ($2.81B) and Wooden cases, boxes, crates, drums and... ($833M)
This visualization shows the countries that have an important ratio of their trade related to Wood Crates. It is possible to select the main countries that export or import Wood Crates in the world, or by continent, as well as select the measure of interest.
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.
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