Overview: This page contains the latest trade data of Wood Products. In 2018, Wood Products were the world's 17th most traded product, with a total trade of $150B. Between 2017 and 2018 the exports of Wood Products grew by 18.7%, from $126B to $150B. Trade in Wood Products represent 0.81% of total world trade.
Exports: In 2018 the top exporters of Wood Products were China ($16.1B), Canada ($13.8B), Germany ($9.69B), Russia ($9.33B), and United States ($6.91B).
Imports: In 2018 the top importers of Wood Products were United States ($21.4B), China ($20.7B), Japan ($9.92B), Germany ($9.61B), and United Kingdom ($7.51B).
Tariffs: In 2018 the average tariff for Wood Products was 8.35%, been the 12 lowest tariff using the Section product classification.
The countries with the highest import tariffs for Wood Products are Zambia (35.1%), Sudan (30.4%), Cameroon (29.1%), Gabon (28.7%), and Chad (28.5%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (0.61%).
Ranking: Wood Products ranks 14th in the Product Complexity Index (PCI).