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440131 (Harmonized System 2012 for 6-digit)

2022
World Trade $6.48BRnk 601 / 5198
2022
Top Exporter | Top Importer $1.73B | $1.6BUnited States | United Kingdom
2022
Product Complexity 0.26Rnk 2349 / 5199
2021 - 2022
Export Growth (CAGR) 29.7%Rnk 519 / 5198
2022
Share of World Trade 0.027%Rnk 601 / 5198

About

Overview This page contains the latest trade data of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets. In 2022, Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were the world's 601st most traded product, with a total trade of $6.48B. Between 2021 and 2022 the exports of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets grew by 29.7%, from $5B to $6.48B. Trade in Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets represent 0.027% of total world trade.

Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets are a part of Fuel wood, in logs, billets, twigs, faggots or similar forms; wood in....

Exports In 2022 the top exporters of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets  were United States ($1.73B), Vietnam ($875M), Canada ($642M), Latvia ($416M), and Russia ($270M).

Imports In 2022 the top importers of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were United Kingdom ($1.6B), Japan ($846M), Italy ($790M), South Korea ($688M), and Denmark ($565M).

Ranking Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets ranks 2349th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets. 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 (2022)United States$1.73B
Top Destination (2022)United Kingdom$1.6B

In 2022 Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were the world's 601st most traded product (out of 5,198).

In 2022, the top exporters of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were United States ($1.73B), Vietnam ($875M), Canada ($642M), Latvia ($416M), and Russia ($270M).

In 2022, the top importers of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were United Kingdom ($1.6B), Japan ($846M), Italy ($790M), South Korea ($688M), and Denmark ($565M).

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Exporters of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets (2022)
[Click to Select a Country]

Importers of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$364M
Top Destination Growth (2021 -  2022)Italy$305M

Between 2021 and 2022, the exports of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets grew the fastest in Vietnam ($364M), United States ($316M), Austria ($98.4M), Germany ($68.4M), and Lithuania ($64.9M).

Between 2021 and 2022, the fastest growing importers of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were Italy ($305M), Japan ($300M), South Korea ($271M), France ($145M), and Netherlands ($115M).

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Exporters of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets (2021 - 2022)

Importers of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets are explained by 16 countries.

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Value of Exports in Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets

Net Trade

TOP NET EXPORTER (2022)United States$1.68B
TOP NET IMPORTER (2022)United Kingdom$1.59B

This map shows which countries export or import more of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets. Each country is colored based on the difference in exports and imports of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were United States ($1.68B), Vietnam ($874M), Canada ($628M), Latvia ($357M), and Russia ($269M).

In 2022, the countries that had a largest trade value in imports than in exports of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets were United Kingdom ($1.59B), Japan ($845M), Italy ($781M), South Korea ($688M), and Denmark ($517M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets.
It is possible to select the main countries that export or import Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wood: for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms: wood pellets 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 (2022)

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