HS Icon Wood Fiberboard

4411 (Harmonized System 1992 for 4-digit)

World Trade (2018): $10.8B, Rnk 308 / 1225

Top Exporter (2018): $2B, Germany

Top Importer (2018): $1.23B, United States

Product Complexity (2018): 0.055, Rnk 524 / 1018

Export Growth (CAGR)(2017 - 2018): 15.8%, Rnk 482 / 1225

Mean Tariff (2018): 8.92%, Rnk 483 / 1259

Share of World Trade (2018): 0.059%, Rnk 308 / 1225

Overview:  This page contains the latest trade data of Wood Fiberboard. In 2018, Wood Fiberboard were the world's 308th most traded product, with a total trade of $10.8B. Between 2017 and 2018 the exports of Wood Fiberboard grew by 15.8%, from  $9.32B to $10.8B. Trade in Wood Fiberboard represent 0.059% of total world trade.

Exports: In 2018 the top exporters of Wood Fiberboard  were Germany ($2B), China ($1.22B), Thailand ($720M), Poland ($704M), and Belgium-Luxembourg ($681M).

Imports: In 2018 the top importers of Wood Fiberboard were United States ($1.23B), France ($489M), Germany ($476M), United Kingdom ($465M), and Saudi Arabia ($363M).

Tariffs: In 2018 the average tariff for Wood Fiberboard was 8.92%, been the 483 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Wood Fiberboard are Zambia (36.3%), Sudan (35%), Zimbabwe (32.7%), Angola (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Wood Fiberboard ranks 524th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $2B

Top Destination (2018): United States, $1.23B

Wood Fiberboard are the world's 308th most traded product.

In 2018, the top exporters of Wood Fiberboard were Germany ($2B), China ($1.22B), Thailand ($720M), Poland ($704M), and Belgium-Luxembourg ($681M).

In 2018, the top importers of Wood Fiberboard were United States ($1.23B), France ($489M), Germany ($476M), United Kingdom ($465M), and Saudi Arabia ($363M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Thailand, $577M

Top Destination Growth (2017 - 2018): Saudi Arabia, $234M

Between 2017 and 2018, the exports of Wood Fiberboard grew the fastest in Thailand ($577M), Germany ($204M), Poland ($118M), Russia ($71.4M), and China ($71M).

Between 2017 and 2018, the fastest growing importers of Wood Fiberboard were Saudi Arabia ($234M), United Arab Emirates ($113M), Ukraine ($75.6M), Nigeria ($68.7M), and Spain ($62.7M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Wood Fiberboard.

In 2018,  market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Wood Fiberboard are explained by 23 countries.

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TOP NET EXPORTER (2018): Germany, $1.52B

TOP NET IMPORTER (2018): United States, $1.13B

This map shows which countries export or import more of Wood Fiberboard. Each country is colored based on the difference in exports and imports of Wood Fiberboard during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Wood Fiberboard were Germany ($1.52B), China ($1.09B), Thailand ($705M), Poland ($459M), and Belgium-Luxembourg ($390M).

In 2018, the countries that had a largest trade value in imports than in exports of Wood Fiberboard were United States ($1.13B), United Kingdom ($435M), Saudi Arabia ($361M), Japan ($265M), and Mexico ($243M).

Trade Forecasts

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This section shows forecasts for total trade for Wood Fiberboard. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Wood Fiberboard was 8.92%.  The countries with the highest tariffs for importing Wood Fiberboard were Zambia (36.3%), Sudan (35%), Zimbabwe (32.7%), Angola (30%), and Cameroon (29.4%).

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Product Complexity

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Diversification Frontier

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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.