HS Icon Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et

440722 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et. In 2019, Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et were the world's 4498th most traded product, with a total trade of $22.1M. Between 2018 and 2019 the exports of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et decreased by -81%, from $117M to $22.1M. Trade in Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et represent 0.00012% of total world trade.

Exports In 2019 the top exporters of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et  were Finland ($9.96M), Sweden ($2.05M), Cameroon ($1.98M), Russia ($1.22M), and Romania ($1.15M).

Imports In 2019 the top importers of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et were Saudi Arabia ($15.8M), Egypt ($2.73M), Mexico ($1.37M), Qatar ($1.12M), and Yemen ($374k).

Tariffs In 2018 the average tariff for Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et was 6.13%, making it the 3624th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et 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%).

Description Lumber is used for structural purposes, okoume is used for furniture, obeche is used for furniture, sapelli is used for furniture and sapelli is used for flooring, makore is used for furniture, and et is used for furniture.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Finland, $9.96M

Top Destination (2019): Saudi Arabia, $15.8M

Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et are the world's 4498th most traded product.

In 2019, the top exporters of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et were Finland ($9.96M), Sweden ($2.05M), Cameroon ($1.98M), Russia ($1.22M), and Romania ($1.15M).

In 2019, the top importers of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et were Saudi Arabia ($15.8M), Egypt ($2.73M), Mexico ($1.37M), Qatar ($1.12M), and Yemen ($374k).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Finland, $6.21M

Top Destination Growth (2018 - 2019): Samoa, $103k

Between 2018 and 2019, the exports of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et grew the fastest in Finland ($6.21M), Estonia ($118k), Republic of the Congo ($95.7k), Democratic Republic of the Congo ($84.4k), and Thailand ($60.3k).

Between 2018 and 2019, the fastest growing importers of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et were Samoa ($103k), Bahrain ($46.9k), Nigeria ($43.3k), Moldova ($6.4k), and Pakistan ($5.66k).

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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, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et.

In 2019,  market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et are explained by 9 countries.

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TOP NET EXPORTER (2019): Finland, $9.96M

TOP NET IMPORTER (2019): Saudi Arabia, $15.2M

This map shows which countries export or import more of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et. Each country is colored based on the difference in exports and imports of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et were Finland ($9.96M), Sweden ($2.05M), Cameroon ($1.98M), Russia ($1.22M), and Romania ($1.15M).

In 2019, the countries that had a largest trade value in imports than in exports of Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et were Saudi Arabia ($15.2M), Egypt ($2.72M), Mexico ($1.36M), Samoa ($284k), and Bahrain ($75.2k).

Import Tariffs

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In 2018, the average tariff for importing Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et was 6.13%. The countries with the highest tariffs for importing Lumber, Okoume, Obeche, Sapelli/Sipo/Acajou/Makore/et 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.