HS Icon Plywood

4412 (Harmonized System 1992 for 4-digit)

World Trade (2018): $16.8B, Rnk 219 / 1225

Top Exporter (2018): $4.79B, China

Top Importer (2018): $2.68B, United States

Product Complexity (2018): -0.73, Rnk 758 / 1018

Export Growth (CAGR)(2017 - 2018): 25.9%, Rnk 223 / 1225

Mean Tariff (2018): 9.7%, Rnk 445 / 1259

Share of World Trade (2018): 0.091%, Rnk 219 / 1225

Overview:  This page contains the latest trade data of Plywood. In 2018, Plywood were the world's 219th most traded product, with a total trade of $16.8B. Between 2017 and 2018 the exports of Plywood grew by 25.9%, from  $13.4B to $16.8B. Trade in Plywood represent 0.091% of total world trade.

Exports: In 2018 the top exporters of Plywood  were China ($4.79B), Indonesia ($2.1B), Russia ($1.59B), Malaysia ($1.19B), and Brazil ($787M).

Imports: In 2018 the top importers of Plywood were United States ($2.68B), Japan ($1.73B), Germany ($1.11B), South Korea ($875M), and United Kingdom ($840M).

Tariffs: In 2018 the average tariff for Plywood was 9.7%, been the 445 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Plywood are Laos (38.1%), Zambia (36.3%), Sudan (35%), Iran (33.3%), and Malaysia (31.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Plywood ranks 758th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $4.79B

Top Destination (2018): United States, $2.68B

Plywood are the world's 219th most traded product.

In 2018, the top exporters of Plywood were China ($4.79B), Indonesia ($2.1B), Russia ($1.59B), Malaysia ($1.19B), and Brazil ($787M).

In 2018, the top importers of Plywood were United States ($2.68B), Japan ($1.73B), Germany ($1.11B), South Korea ($875M), and United Kingdom ($840M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $953M

Top Destination Growth (2017 - 2018): United States, $660M

Between 2017 and 2018, the exports of Plywood grew the fastest in China ($953M), Indonesia ($505M), Russia ($303M), Vietnam ($264M), and Brazil ($164M).

Between 2017 and 2018, the fastest growing importers of Plywood were United States ($660M), Japan ($407M), Germany ($236M), United Kingdom ($174M), and Philippines ($171M).

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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 Plywood.

In 2018,  market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Plywood are explained by 17 countries.

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TOP NET EXPORTER (2018): China, $4.62B

TOP NET IMPORTER (2018): United States, $2.52B

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

In 2018, the countries that had a largest trade value in exports than in imports of Plywood were China ($4.62B), Indonesia ($2.06B), Russia ($1.54B), Malaysia ($891M), and Brazil ($784M).

In 2018, the countries that had a largest trade value in imports than in exports of Plywood were United States ($2.52B), Japan ($1.66B), South Korea ($870M), United Kingdom ($794M), and Germany ($774M).

Trade Forecasts

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This section shows forecasts for total trade for Plywood. 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 Plywood was 9.7%.  The countries with the highest tariffs for importing Plywood were Laos (38.1%), Zambia (36.3%), Sudan (35%), Iran (33.3%), and Malaysia (31.5%).

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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.