Logs, non-coniferous nes440399 (Harmonized System 1992 for 6-digit)
World Trade (2019): $3.01B, Rnk 984 / 4648
Top Exporter (2019): $441M, United States
Top Importer (2019): $1.09B, China
Product Complexity (2019): -1.79, Rnk 4616 / 4826
Export Growth (CAGR)(2018 - 2019): -18.7%, Rnk 4145 / 4648
Mean Tariff (2018): 3.55%, Rnk 5378 / 6538
Share of World Trade (2019): 0.017%, Rnk 984 / 4648
Overview: This page contains the latest trade data of Logs, non-coniferous nes. In 2019, Logs, non-coniferous nes were the world's 984th most traded product, with a total trade of $3.01B. Between 2018 and 2019 the exports of Logs, non-coniferous nes decreased by -18.7%, from $3.71B to $3.01B. Trade in Logs, non-coniferous nes represent 0.017% of total world trade.
Exports: In 2019 the top exporters of Logs, non-coniferous nes were United States ($441M), Russia ($407M), Papua New Guinea ($197M), Latvia ($170M), and Solomon Islands ($150M).
Imports: In 2019 the top importers of Logs, non-coniferous nes were China ($1.09B), Vietnam ($353M), India ($293M), Finland ($234M), and Sweden ($182M).
Tariffs: In 2018 the average tariff for Logs, non-coniferous nes was 3.55%, making it the 5378th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Logs, non-coniferous nes are Belize (38.3%), Zambia (36.3%), Sudan (35%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Ethiopia (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Logs, non-coniferous nes ranks 4616th in the Product Complexity Index (PCI).
Description: Logs are used for building bridges, houses, and furniture. Trees are cut down and the logs are transported to sawmills where they are cut into boards.
Trade By Country
Top Origin (2019): United States, $441M
Top Destination (2019): China, $1.09B
Logs, non-coniferous nes are the world's 984th most traded product.
In 2019, the top exporters of Logs, non-coniferous nes were United States ($441M), Russia ($407M), Papua New Guinea ($197M), Latvia ($170M), and Solomon Islands ($150M).
In 2019, the top importers of Logs, non-coniferous nes were China ($1.09B), Vietnam ($353M), India ($293M), Finland ($234M), and Sweden ($182M).
Trade by country
Between 2018 and 2019, the exports of Logs, non-coniferous nes grew the fastest in Belgium ($41.2M), Mozambique ($35.6M), Brazil ($24.9M), Finland ($21.4M), and Singapore ($13.2M).
Between 2018 and 2019, the fastest growing importers of Logs, non-coniferous nes were Egypt ($29M), Hong Kong ($19.7M), Portugal ($6.95M), Italy ($5.37M), and Netherlands ($3.69M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Logs, non-coniferous nes.
In 2019, market concentration measured using Shannon Entropy, was 4.81. This means that most of the exports of Logs, non-coniferous nes are explained by 27 countries.
TOP NET EXPORTER (2019): United States, $410M
TOP NET IMPORTER (2019): China, $1.08B
This map shows which countries export or import more of Logs, non-coniferous nes. Each country is colored based on the difference in exports and imports of Logs, non-coniferous nes during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Logs, non-coniferous nes were United States ($410M), Russia ($407M), Papua New Guinea ($197M), Latvia ($157M), and Solomon Islands ($150M).
In 2019, the countries that had a largest trade value in imports than in exports of Logs, non-coniferous nes were China ($1.08B), Vietnam ($351M), India ($233M), Finland ($193M), and Sweden ($177M).
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.
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