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440122 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.47BRnk 666 / 4644
2023
Top Exporter | Top Importer $2.53B | $2.72BVietnam | China
2023
Product Complexity -1.12Rnk 3933 / 4656
2022 - 2023
Export Growth (CAGR) -11.6%Rnk 2892 / 4644
2023
Share of World Trade 0.024%Rnk 666 / 4644

About

Overview This page contains the latest trade data of Wood in chips, non-coniferous. In 2023, Wood in chips, non-coniferous were the world's 666th most traded product, with a total trade of $5.47B. Between 2022 and 2023 the exports of Wood in chips, non-coniferous decreased by -11.6%, from $6.19B to $5.47B. Trade in Wood in chips, non-coniferous represent 0.024% of total world trade.

Wood in chips, non-coniferous are a part of Fuel Wood.

Exports In 2023 the top exporters of Wood in chips, non-coniferous  were Vietnam ($2.53B), Australia ($900M), Thailand ($548M), Chile ($233M), and South Africa ($230M).

Imports In 2023 the top importers of Wood in chips, non-coniferous were China ($2.72B), Japan ($1.8B), Indonesia ($150M), Portugal ($133M), and Laos ($89.1M).

Ranking Wood in chips, non-coniferous ranks 3933rd in the Product Complexity Index (PCI).

Description Wood chips are often used in the production of paper. Non-coniferous woods are used in the manufacture of furniture, paper products, and fuel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wood in chips, non-coniferous. 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)Vietnam$2.53B
Top Destination (2023)China$2.72B

In 2023 Wood in chips, non-coniferous were the world's 666th most traded product (out of 4,644).

In 2023, the top exporters of Wood in chips, non-coniferous were Vietnam ($2.53B), Australia ($900M), Thailand ($548M), Chile ($233M), and South Africa ($230M).

In 2023, the top importers of Wood in chips, non-coniferous were China ($2.72B), Japan ($1.8B), Indonesia ($150M), Portugal ($133M), and Laos ($89.1M).

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Exporters of Wood in chips, non-coniferous (2023)
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Importers of Wood in chips, non-coniferous (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$62.4M
Top Destination Growth (2022 -  2023)Indonesia$70.8M

Between 2022 and 2023, the exports of Wood in chips, non-coniferous grew the fastest in Indonesia ($62.4M), Estonia ($19.9M), United States ($12.5M), Latvia ($10.8M), and Portugal ($9.73M).

Between 2022 and 2023, the fastest growing importers of Wood in chips, non-coniferous were Indonesia ($70.8M), Sweden ($34.1M), Denmark ($23.2M), Ireland ($22.2M), and Japan ($22M).

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Exporters of Wood in chips, non-coniferous (2022 - 2023)

Importers of Wood in chips, non-coniferous (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wood in chips, non-coniferous.

In 2023, market concentration measured using Shannon Entropy, was 2.86. This means that most of the exports of Wood in chips, non-coniferous are explained by 7 countries.

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Value of Exports in Wood in chips, non-coniferous

Net Trade

TOP NET EXPORTER (2023)Vietnam$2.53B
TOP NET IMPORTER (2023)China$2.72B

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

In 2023, the countries that had a largest trade value in exports than in imports of Wood in chips, non-coniferous were Vietnam ($2.53B), Australia ($897M), Thailand ($546M), Chile ($231M), and South Africa ($229M).

In 2023, the countries that had a largest trade value in imports than in exports of Wood in chips, non-coniferous were China ($2.72B), Japan ($1.8B), Portugal ($120M), Laos ($89M), and Chinese Taipei ($87.5M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Wood in chips, non-coniferous 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 (2023)

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