HS Icon Plywood

4412 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $14.8B, Rnk 235 / 1217

2019
Top Exporter | Top Importer
: $4.07B | $2.47B, China | United States

2019
Product Complexity
: -0.83, Rnk 742 / 961

2018 - 2019
Export Growth (CAGR)
: -12.5%, Rnk 1025 / 1217

2018
Mean Tariff
: 9.7%, Rnk 445 / 1259

 2019
Share of World Trade
: 0.082%, Rnk 235 / 1217

Overview:  This page contains the latest trade data of Plywood. In 2019, Plywood were the world's 235th most traded product, with a total trade of $14.8B. Between 2018 and 2019 the exports of Plywood decreased by -12.5%, from  $16.9B to $14.8B. Trade in Plywood represent 0.082% of total world trade.

Exports: In 2019 the top exporters of Plywood  were China ($4.07B), Indonesia ($1.73B), Russia ($1.38B), Malaysia ($895M), and Vietnam ($726M).

Imports: In 2019 the top importers of Plywood were United States ($2.47B), Japan ($1.38B), Germany ($982M), South Korea ($714M), and United Kingdom ($682M).

Tariffs: In 2018 the average tariff for Plywood was 9.7%, making it the 445th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Plywood are Laos (38.1%), Zambia (36.3%), Sudan (35%), Iran (33.3%), and Malaysia (31.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Plywood ranks 742nd in the Product Complexity Index (PCI).

Description: Plywood is a type of wood that is made up of several thin sheets of wood glued together. It is used in a variety of applications, such as furniture and construction.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $4.07B

Top Destination (2019): United States, $2.47B

Plywood are the world's 235th most traded product.

In 2019, the top exporters of Plywood were China ($4.07B), Indonesia ($1.73B), Russia ($1.38B), Malaysia ($895M), and Vietnam ($726M).

In 2019, the top importers of Plywood were United States ($2.47B), Japan ($1.38B), Germany ($982M), South Korea ($714M), and United Kingdom ($682M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Cambodia, $112M

Top Destination Growth (2018 - 2019): Saudi Arabia, $44M

Between 2018 and 2019, the exports of Plywood grew the fastest in Cambodia ($112M), Vietnam ($87.4M), Turkey ($16.5M), Estonia ($16.4M), and Guatemala ($14.8M).

Between 2018 and 2019, the fastest growing importers of Plywood were Saudi Arabia ($44M), Nigeria ($21.6M), Indonesia ($12.8M), Libya ($7.28M), and Peru ($7.22M).

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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 Plywood.

In 2019,  market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Plywood are explained by 18 countries.

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TOP NET EXPORTER (2019): China, $3.93B

TOP NET IMPORTER (2019): United States, $2.23B

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

In 2019, the countries that had a largest trade value in exports than in imports of Plywood were China ($3.93B), Indonesia ($1.68B), Russia ($1.34B), Malaysia ($623M), and Brazil ($563M).

In 2019, the countries that had a largest trade value in imports than in exports of Plywood were United States ($2.23B), Japan ($1.32B), South Korea ($707M), Germany ($678M), and United Kingdom ($625M).

Disaggregation

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Value

In 2019, the world most traded Plywood, disaggragated by their HS6 level were Plywood, 1 or 2 outer ply... ($5.88B), Plywood 1 or 2 outer ply... ($3.32B), Panels, laminated wood, nes ($3.25B), and Plywood, all softwood, each ply <... ($2.37B)

Import Tariffs

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In 2018, the average tariff for importing Plywood was 9.7%.  The countries with the highest tariffs for importing Plywood were Laos (38.1%), Zambia (36.3%), Sudan (35%), Iran (33.3%), and Malaysia (31.5%).

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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.