Overview This page contains the latest trade data of Rough Wood. In 2019, Rough Wood were the world's 230th most traded product, with a total trade of $15.1B. Between 2018 and 2019 the exports of Rough Wood decreased by -8.69%, from $16.5B to $15.1B. Trade in Rough Wood represent 0.083% of total world trade.

Exports In 2019 the top exporters of Rough Wood  were New Zealand ($2.31B), United States ($1.68B), Russia ($1.13B), Germany ($791M), and Czechia ($784M).

Imports In 2019 the top importers of Rough Wood were China ($7.79B), India ($829M), Austria ($632M), Japan ($618M), and Sweden ($582M).

Tariffs In 2018 the average tariff for Rough Wood was 3.79%, making it the 1040th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rough Wood 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 Rough Wood ranks 920th in the Product Complexity Index (PCI).

Description Wood is a renewable resource that can be used in many ways. Wood can be used for construction, as a fuel source, and as a material for furniture.

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): New Zealand, $2.31B

Top Destination (2019): China, $7.79B

Rough Wood are the world's 230th most traded product.

In 2019, the top exporters of Rough Wood were New Zealand ($2.31B), United States ($1.68B), Russia ($1.13B), Germany ($791M), and Czechia ($784M).

In 2019, the top importers of Rough Wood were China ($7.79B), India ($829M), Austria ($632M), Japan ($618M), and Sweden ($582M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $216M

Top Destination Growth (2018 - 2019): Japan, $77.5M

Between 2018 and 2019, the exports of Rough Wood grew the fastest in United States ($216M), Germany ($213M), Czechia ($176M), Mozambique ($151M), and Belgium ($119M).

Between 2018 and 2019, the fastest growing importers of Rough Wood were Japan ($77.5M), Canada ($49.5M), Poland ($30.5M), Slovakia ($29M), and United States ($14.4M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Rough Wood.

In 2019,  market concentration measured using Shannon Entropy, was 4.99. This means that most of the exports of Rough Wood are explained by 31 countries.

Explore Visualizations

TOP NET EXPORTER (2019): New Zealand, $2.3B

TOP NET IMPORTER (2019): China, $7.77B

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

In 2019, the countries that had a largest trade value in exports than in imports of Rough Wood were New Zealand ($2.3B), United States ($1.53B), Russia ($1.13B), Czechia ($681M), and Papua New Guinea ($638M).

In 2019, the countries that had a largest trade value in imports than in exports of Rough Wood were China ($7.77B), India ($766M), Austria ($536M), Japan ($480M), and Vietnam ($456M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Rough Wood, disaggragated by their HS6 level were Logs, poles, coniferous not treated or... ($8.22B), Logs, non-coniferous nes ($3.01B), Logs, Keruing/Ramin/Kapur/Teak/Jongkong/Merbau/etc ($2.37B), Logs, Oak (Quercus spp) ($597M), and Poles, treated or painted with preservatives ($507M)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Rough Wood was 3.79%. The countries with the highest tariffs for importing Rough Wood were Belize (38.3%), Zambia (36.3%), Sudan (35%), Cameroon (29.4%), and Gabon (29.4%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Rough Wood to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.