HS Icon Wood Fiberboard

4411 (Harmonized System 1992 for 4-digit)

World Trade (2019): $10.2B, Rnk 317 / 1217

Top Exporter (2019): $1.8B, Germany

Top Importer (2019): $1.12B, United States

Product Complexity (2019): 0.013, Rnk 523 / 961

Export Growth (CAGR)(2018 - 2019): -7.32%, Rnk 864 / 1217

Mean Tariff (2018): 8.92%, Rnk 483 / 1259

Share of World Trade (2019): 0.056%, Rnk 317 / 1217

Overview:  This page contains the latest trade data of Wood Fiberboard. In 2019, Wood Fiberboard were the world's 317th most traded product, with a total trade of $10.2B. Between 2018 and 2019 the exports of Wood Fiberboard decreased by -7.32%, from  $11B to $10.2B. Trade in Wood Fiberboard represent 0.056% of total world trade.

Exports: In 2019 the top exporters of Wood Fiberboard  were Germany ($1.8B), China ($1.03B), Thailand ($755M), Poland ($619M), and Belgium ($618M).

Imports: In 2019 the top importers of Wood Fiberboard were United States ($1.12B), France ($469M), United Kingdom ($446M), Germany ($441M), and Saudi Arabia ($401M).

Tariffs: In 2018 the average tariff for Wood Fiberboard was 8.92%, making it the 483rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Wood Fiberboard are Zambia (36.3%), Sudan (35%), Zimbabwe (32.7%), Angola (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Wood Fiberboard ranks 523rd in the Product Complexity Index (PCI).

Description: Fibreboard is a type of wood that is made from sawdust and other wood byproducts. It is often used in constructing furniture, for insulation, and as a backing for paintings.

Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $1.8B

Top Destination (2019): United States, $1.12B

Wood Fiberboard are the world's 317th most traded product.

In 2019, the top exporters of Wood Fiberboard were Germany ($1.8B), China ($1.03B), Thailand ($755M), Poland ($619M), and Belgium ($618M).

In 2019, the top importers of Wood Fiberboard were United States ($1.12B), France ($469M), United Kingdom ($446M), Germany ($441M), and Saudi Arabia ($401M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Turkey, $34.8M

Between 2018 and 2019, the exports of Wood Fiberboard grew the fastest in Turkey ($34.8M), Thailand ($31.8M), Romania ($30M), Philippines ($30M), and India ($14.5M).

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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 Wood Fiberboard.

In 2019,  market concentration measured using Shannon Entropy, was 4.63. This means that most of the exports of Wood Fiberboard are explained by 24 countries.

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TOP NET EXPORTER (2019): Germany, $1.36B

TOP NET IMPORTER (2019): United States, $902M

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

In 2019, the countries that had a largest trade value in exports than in imports of Wood Fiberboard were Germany ($1.36B), China ($920M), Thailand ($739M), Turkey ($396M), and Poland ($372M).

In 2019, the countries that had a largest trade value in imports than in exports of Wood Fiberboard were United States ($902M), United Kingdom ($417M), Saudi Arabia ($399M), Japan ($298M), and Mexico ($285M).

Disaggregation

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Value

In 2019, the world most traded Wood Fiberboard, disaggragated by their HS6 level were Fibreboard >0.8 g/cm2 worked/surface covered ($8.92B), Fibreboard 0.5 - 0.8 g/cm2 worked/surface... ($551M), Fibreboard nes, worked or surface covered ($387M), and Fibreboard 0.5 - 0.8 g/cm2 not... ($332M)

Import Tariffs

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In 2018, the average tariff for importing Wood Fiberboard was 8.92%.  The countries with the highest tariffs for importing Wood Fiberboard were Zambia (36.3%), Sudan (35%), Zimbabwe (32.7%), Angola (30%), and Cameroon (29.4%).

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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.