HS Icon Fuel Wood

4401 (Harmonized System 1992 for 4-digit)

World Trade (2019): $10.8B, Rnk 305 / 1217

Top Exporter (2019): $2.05B, Vietnam

Top Importer (2019): $2.11B, Japan

Product Complexity (2019): -0.26, Rnk 598 / 961

Export Growth (CAGR)(2018 - 2019): 4.79%, Rnk 169 / 1217

Mean Tariff (2018): 5.51%, Rnk 749 / 1259

Share of World Trade (2019): 0.059%, Rnk 305 / 1217

Overview:  This page contains the latest trade data of Fuel Wood. In 2019, Fuel Wood were the world's 305th most traded product, with a total trade of $10.8B. Between 2018 and 2019 the exports of Fuel Wood grew by 4.79%, from  $10.3B to $10.8B. Trade in Fuel Wood represent 0.059% of total world trade.

Exports: In 2019 the top exporters of Fuel Wood  were Vietnam ($2.05B), United States ($1.39B), Australia ($1.1B), Latvia ($510M), and Canada ($458M).

Imports: In 2019 the top importers of Fuel Wood were Japan ($2.11B), China ($1.96B), United Kingdom ($1.42B), Italy ($780M), and Denmark ($641M).

Tariffs: In 2018 the average tariff for Fuel Wood was 5.51%, making it the 749th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Fuel Wood are Zambia (36.3%), Sudan (35%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Ethiopia (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Fuel Wood ranks 598th in the Product Complexity Index (PCI).

Description: Fuel wood is used for heating homes and cooking.

Exporters and Importers

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Trade By Country

Top Origin (2019): Vietnam, $2.05B

Top Destination (2019): Japan, $2.11B

Fuel Wood are the world's 305th most traded product.

In 2019, the top exporters of Fuel Wood were Vietnam ($2.05B), United States ($1.39B), Australia ($1.1B), Latvia ($510M), and Canada ($458M).

In 2019, the top importers of Fuel Wood were Japan ($2.11B), China ($1.96B), United Kingdom ($1.42B), Italy ($780M), and Denmark ($641M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $291M

Top Destination Growth (2018 - 2019): China, $205M

Between 2018 and 2019, the exports of Fuel Wood grew the fastest in Vietnam ($291M), Russia ($108M), Latvia ($72.9M), Thailand ($67.4M), and United States ($52.6M).

Between 2018 and 2019, the fastest growing importers of Fuel Wood were China ($205M), United Kingdom ($164M), Japan ($90M), Indonesia ($59.5M), and Belgium ($57M).

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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 Fuel Wood.

In 2019,  market concentration measured using Shannon Entropy, was 4.52. This means that most of the exports of Fuel Wood are explained by 22 countries.

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TOP NET EXPORTER (2019): Vietnam, $2.05B

TOP NET IMPORTER (2019): Japan, $2.11B

This map shows which countries export or import more of Fuel Wood. Each country is colored based on the difference in exports and imports of Fuel Wood during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Fuel Wood were Vietnam ($2.05B), United States ($1.26B), Australia ($1.1B), Latvia ($450M), and Russia ($429M).

In 2019, the countries that had a largest trade value in imports than in exports of Fuel Wood were Japan ($2.11B), China ($1.95B), United Kingdom ($1.38B), Italy ($758M), and Denmark ($499M).

Disaggregation

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Value

In 2019, the world most traded Fuel Wood, disaggragated by their HS6 level were Sawdust, wood waste or scrap ($5.07B), Wood in chips, non-coniferous ($4.27B), Wood in chips, coniferous ($941M), and Fuel wood ($491M)

Import Tariffs

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In 2018, the average tariff for importing Fuel Wood was 5.51%.  The countries with the highest tariffs for importing Fuel Wood were Zambia (36.3%), Sudan (35%), Cameroon (29.4%), Gabon (29.4%), and Chad (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.