Overview: This page contains the latest trade data of Lumber, Oak (Quercus spp). In 2019, Lumber, Oak (Quercus spp) were the world's 1233rd most traded product, with a total trade of $2.18B. Between 2018 and 2019 the exports of Lumber, Oak (Quercus spp) decreased by -16.5%, from $2.61B to $2.18B. Trade in Lumber, Oak (Quercus spp) represent 0.012% of total world trade.
Exports: In 2019 the top exporters of Lumber, Oak (Quercus spp) were United States ($854M), Croatia ($157M), France ($148M), Ukraine ($119M), and Germany ($106M).
Imports: In 2019 the top importers of Lumber, Oak (Quercus spp) were China ($476M), United Kingdom ($156M), Germany ($135M), Vietnam ($115M), and Canada ($105M).
Tariffs: In 2018 the average tariff for Lumber, Oak (Quercus spp) was 4.59%, making it the 4455th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Lumber, Oak (Quercus spp) are Zambia (36.3%), Sudan (35%), Angola (30%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Egypt (0%), Ethiopia (0%), Mauritius (0%), South Africa (0%), and China (0%).
Ranking: Lumber, Oak (Quercus spp) ranks 1111th in the Product Complexity Index (PCI).
Description: Oak is the most commonly used wood in the world, which is a term used to describe the wood of a tree that is found in the temperate regions of the northern hemisphere. The oak genus includes about 600 species, and the wood is used in a variety of products, including furniture and windows. The wood is hard and strong, and is a good choice for building construction.