HS Icon Shaped Wood

4409 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $5.04B, Rnk 496 / 1217

2019
Top Exporter | Top Importer
: $648M | $1.18B, Indonesia | United States

2019
Product Complexity
: -0.83, Rnk 741 / 961

2018 - 2019
Export Growth (CAGR)
: -3.2%, Rnk 633 / 1217

2018
Mean Tariff
: 8.74%, Rnk 493 / 1259

 2019
Share of World Trade
: 0.028%, Rnk 496 / 1217

Overview:  This page contains the latest trade data of Shaped Wood. In 2019, Shaped Wood were the world's 496th most traded product, with a total trade of $5.04B. Between 2018 and 2019 the exports of Shaped Wood decreased by -3.2%, from  $5.2B to $5.04B. Trade in Shaped Wood represent 0.028% of total world trade.

Exports: In 2019 the top exporters of Shaped Wood  were Indonesia ($648M), Brazil ($562M), China ($462M), United States ($284M), and Poland ($276M).

Imports: In 2019 the top importers of Shaped Wood were United States ($1.18B), Germany ($345M), France ($312M), Australia ($269M), and China ($242M).

Tariffs: In 2018 the average tariff for Shaped Wood was 8.74%, making it the 493rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Shaped Wood are Belize (49%), Zambia (36.3%), Sudan (35%), Laos (31.8%), and Angola (30%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Shaped Wood ranks 741st in the Product Complexity Index (PCI).

Description: Wood is used for many purposes, including flooring, furniture, and decorative pieces. Wood strips are often used for parquet flooring.

Exporters and Importers

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Trade By Country

Top Origin (2019): Indonesia, $648M

Top Destination (2019): United States, $1.18B

Shaped Wood are the world's 496th most traded product.

In 2019, the top exporters of Shaped Wood were Indonesia ($648M), Brazil ($562M), China ($462M), United States ($284M), and Poland ($276M).

In 2019, the top importers of Shaped Wood were United States ($1.18B), Germany ($345M), France ($312M), Australia ($269M), and China ($242M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Brazil, $59.3M

Top Destination Growth (2018 - 2019): France, $27.5M

Between 2018 and 2019, the exports of Shaped Wood grew the fastest in Brazil ($59.3M), Russia ($10.4M), Ukraine ($9.42M), Slovakia ($8.37M), and Estonia ($8.15M).

Between 2018 and 2019, the fastest growing importers of Shaped Wood were France ($27.5M), Netherlands ($10.8M), India ($8.34M), Czechia ($7.02M), and Japan ($6.73M).

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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 Shaped Wood.

In 2019,  market concentration measured using Shannon Entropy, was 4.81. This means that most of the exports of Shaped Wood are explained by 27 countries.

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TOP NET EXPORTER (2019): Indonesia, $647M

TOP NET IMPORTER (2019): United States, $893M

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

In 2019, the countries that had a largest trade value in exports than in imports of Shaped Wood were Indonesia ($647M), Brazil ($561M), Chile ($245M), China ($219M), and Poland ($202M).

In 2019, the countries that had a largest trade value in imports than in exports of Shaped Wood were United States ($893M), Australia ($267M), France ($261M), Japan ($197M), and Netherlands ($159M).

Disaggregation

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Value

In 2019, the world most traded Shaped Wood, disaggragated by their HS6 level were Non-conifer wood continuously shaped along any... ($2.9B) and Coniferous wood continuously shaped along any... ($2.13B)

Import Tariffs

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In 2018, the average tariff for importing Shaped Wood was 8.74%.  The countries with the highest tariffs for importing Shaped Wood were Belize (49%), Zambia (36.3%), Sudan (35%), Laos (31.8%), and Angola (30%).

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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.