Overview This page contains the latest trade data of Wood Products. In 2020, Wood Products were the world's 17th most traded product, with a total trade of $140B. Between 2019 and 2020 the exports of Wood Products decreased by -2.29%, from $143B to $140B. Trade in Wood Products represent 0.84% of total world trade.
Wood Products include Sawn Wood, Rough Wood, Plywood, Wood Carpentry, Wood Fiberboard, Particle Board, Fuel Wood, Other Wood Articles, Shaped Wood, and Veneer Sheets, among others.
Exports In 2020 the top exporters of Wood Products were China ($15.3B), Canada ($13.4B), Germany ($9.75B), Russia ($8.44B), and United States ($7.8B).
Imports In 2020 the top importers of Wood Products were United States ($23.2B), China ($16.9B), Germany ($8.87B), Japan ($8.21B), and United Kingdom ($7.11B).
Tariffs In 2018 the average tariff for Wood Products was 8.38%, making it the 12th lowest tariff using the Section product classification.
The countries with the highest import tariffs for Wood Products are Zambia (35.1%), Sudan (30.4%), Cameroon (28.9%), and Gabon (28.7%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (0.61%).
Ranking Wood Products ranks 15th in the Product Complexity Index (PCI).