HS Icon Lumber, Meranti red, Meranti Bakau, White Lauan etc

440721 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Lumber, Meranti red, Meranti Bakau, White Lauan etc. In 2019, Lumber, Meranti red, Meranti Bakau, White Lauan etc were the world's 3372nd most traded product, with a total trade of $274M. Between 2018 and 2019 the exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc decreased by -23.7%, from $359M to $274M. Trade in Lumber, Meranti red, Meranti Bakau, White Lauan etc represent 0.0015% of total world trade.

Lumber, Meranti red, Meranti Bakau, White Lauan etc are a part of Sawn Wood.

Exports In 2019 the top exporters of Lumber, Meranti red, Meranti Bakau, White Lauan etc  were Malaysia ($162M), Finland ($19.6M), Sweden ($15M), Austria ($13.5M), and United Arab Emirates ($10.8M).

Imports In 2019 the top importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Saudi Arabia ($62.4M), Netherlands ($38.3M), South Africa ($15.7M), United Arab Emirates ($13.8M), and India ($11.8M).

Tariffs In 2018 the average tariff for Lumber, Meranti red, Meranti Bakau, White Lauan etc was 5.69%, making it the 3837th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Lumber, Meranti red, Meranti Bakau, White Lauan etc are Zambia (36.3%), Sudan (35%), Angola (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Egypt (0%), Ethiopia (0%), Mauritius (0%), South Africa (0%), and China (0%).

Ranking Lumber, Meranti red, Meranti Bakau, White Lauan etc ranks 4256th in the Product Complexity Index (PCI).

Description Lumber is used to make furniture and houses. Meranti red and meranti bakau are used to make doors. White lauan is used for the outside of houses.

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The following visualization shows the latest trends on Lumber, Meranti red, Meranti Bakau, White Lauan etc. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Malaysia, $162M

Top Destination (2019): Saudi Arabia, $62.4M

Lumber, Meranti red, Meranti Bakau, White Lauan etc are the world's 3372nd most traded product.

In 2019, the top exporters of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Malaysia ($162M), Finland ($19.6M), Sweden ($15M), Austria ($13.5M), and United Arab Emirates ($10.8M).

In 2019, the top importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Saudi Arabia ($62.4M), Netherlands ($38.3M), South Africa ($15.7M), United Arab Emirates ($13.8M), and India ($11.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Austria, $2.38M

Top Destination Growth (2018 - 2019): Malaysia, $2.86M

Between 2018 and 2019, the exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc grew the fastest in Austria ($2.38M), United States ($2.1M), Turkey ($1.36M), Slovakia ($852k), and Hong Kong ($397k).

Between 2018 and 2019, the fastest growing importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Malaysia ($2.86M), Yemen ($1.4M), South Korea ($1.17M), Kuwait ($966k), and Nigeria ($551k).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc.

In 2019,  market concentration measured using Shannon Entropy, was 2.64. This means that most of the exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc are explained by 6 countries.

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TOP NET EXPORTER (2019): Malaysia, $159M

TOP NET IMPORTER (2019): Netherlands, $35.5M

This map shows which countries export or import more of Lumber, Meranti red, Meranti Bakau, White Lauan etc. Each country is colored based on the difference in exports and imports of Lumber, Meranti red, Meranti Bakau, White Lauan etc during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Malaysia ($159M), Finland ($19.5M), Sweden ($14.9M), Austria ($13.3M), and Indonesia ($9.23M).

In 2019, the countries that had a largest trade value in imports than in exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Netherlands ($35.5M), South Africa ($15.3M), India ($11.7M), United Kingdom ($9.92M), and Philippines ($9.69M).

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Lumber, Meranti red, Meranti Bakau, White Lauan etc.
It is possible to select the main countries that export or import Lumber, Meranti red, Meranti Bakau, White Lauan etc in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Lumber, Meranti red, Meranti Bakau, White Lauan etc was 5.69%. The countries with the highest tariffs for importing Lumber, Meranti red, Meranti Bakau, White Lauan etc were Zambia (36.3%), Sudan (35%), Angola (30%), and Cameroon (29.4%).

Product Complexity

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Diversification Frontier

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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.