Overview: This page contains the latest trade data of Wood Products. In 2019, Wood Products were the world's 17th most traded product, with a total trade of $143B. Between 2018 and 2019 the exports of Wood Products decreased by -6.42%, from $152B to $143B. Trade in Wood Products represent 0.79% of total world trade.
Exports: In 2019 the top exporters of Wood Products were China ($15.1B), Canada ($11.7B), Germany ($9.3B), Russia ($8.94B), and United States ($8.41B).
Imports: In 2019 the top importers of Wood Products were United States ($19.8B), China ($18.8B), Japan ($9.73B), Germany ($8.72B), and United Kingdom ($7.15B).
Tariffs: In 2018 the average tariff for Wood Products was 8.35%, making it the 12th 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 15th in the Product Complexity Index (PCI).