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Wood tar; wood tar oils; wood creosote; wood naphtha; vegetable pitch; brewers' pitch and similar preparations based on rosin, resin acids or on vegetable pitch

3807 (Harmonized System 1992 for 4-digit)

2022
World Trade $164MRnk 1149 / 1218
2022
Top Exporter | Top Importer $57.4M | $96.7MUnited States | Sweden
2021 - 2022
Export Growth (CAGR) 15.7%Rnk 264 / 1218
2022
Share of World Trade 0.00069%Rnk 1149 / 1218

About

Overview This page contains the latest trade data of Wood Tar, Oils and Pitch. In 2022, Wood Tar, Oils and Pitch were the world's 1149th most traded product, with a total trade of $164M. Between 2021 and 2022 the exports of Wood Tar, Oils and Pitch grew by 15.7%, from $142M to $164M. Trade in Wood Tar, Oils and Pitch represent 0.00069% of total world trade.

Wood Tar, Oils and Pitch are a part of Chemical products n.e.s.. They include Wood tar, tar oils, creosote, naphtha, veg. pitches.

Exports In 2022 the top exporters of Wood Tar, Oils and Pitch  were United States ($57.4M), Finland ($25.9M), Netherlands ($23.5M), France ($15.7M), and Austria ($5.03M).

Imports In 2022 the top importers of Wood Tar, Oils and Pitch were Sweden ($96.7M), Spain ($8.3M), Philippines ($5.16M), Canada ($4.85M), and Japan ($3.95M).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wood Tar, Oils and Pitch. 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$57.4M
Top Destination (2022)Sweden$96.7M

In 2022 Wood Tar, Oils and Pitch were the world's 1149th most traded product (out of 1,218).

In 2022, the top exporters of Wood Tar, Oils and Pitch were United States ($57.4M), Finland ($25.9M), Netherlands ($23.5M), France ($15.7M), and Austria ($5.03M).

In 2022, the top importers of Wood Tar, Oils and Pitch were Sweden ($96.7M), Spain ($8.3M), Philippines ($5.16M), Canada ($4.85M), and Japan ($3.95M).

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Exporters of Wood Tar, Oils and Pitch (2022)
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Importers of Wood Tar, Oils and Pitch (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$21.5M
Top Destination Growth (2021 -  2022)Sweden$30.4M

Between 2021 and 2022, the exports of Wood Tar, Oils and Pitch grew the fastest in United States ($21.5M), Finland ($5.75M), Netherlands ($2.72M), Sweden ($2.18M), and Italy ($777k).

Between 2021 and 2022, the fastest growing importers of Wood Tar, Oils and Pitch were Sweden ($30.4M), Norway ($1.84M), Turkey ($1.13M), Canada ($840k), and Germany ($728k).

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Exporters of Wood Tar, Oils and Pitch (2021 - 2022)

Importers of Wood Tar, Oils and Pitch (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wood Tar, Oils and Pitch.

In 2022, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Wood Tar, Oils and Pitch are explained by 9 countries.

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Value of Exports in Wood Tar, Oils and Pitch

Net Trade

TOP NET EXPORTER (2022)United States$56.2M
TOP NET IMPORTER (2022)Sweden$92.2M

This map shows which countries export or import more of Wood Tar, Oils and Pitch. Each country is colored based on the difference in exports and imports of Wood Tar, Oils and Pitch during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wood Tar, Oils and Pitch were United States ($56.2M), Finland ($22.6M), Netherlands ($22.1M), France ($12.3M), and Austria ($4.66M).

In 2022, the countries that had a largest trade value in imports than in exports of Wood Tar, Oils and Pitch were Sweden ($92.2M), Spain ($5.61M), Philippines ($5.16M), Canada ($3.9M), and Japan ($3.81M).

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 Tar, Oils and Pitch.
It is possible to select the main countries that export or import Wood Tar, Oils and Pitch in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wood Tar, Oils and Pitch by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $82.6k
TOP IMPORT POTENTIALNetherlands+ $63.5k

Wood Tar, Oils and Pitch’s highest export potential is Canada. With an export gap of $82.6k.  Wood Tar, Oils and Pitch’s highest import potential is Netherlands with an import gap of $63.5k.

See methodology.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Wood Tar, Oils and Pitch to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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