HS Icon Wood Stakes

4404 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Wood Stakes. In 2019, Wood Stakes were the world's 1097th most traded product, with a total trade of $303M. Between 2018 and 2019 the exports of Wood Stakes decreased by -9.13%, from $334M to $303M. Trade in Wood Stakes represent 0.0017% of total world trade.

Exports: In 2019 the top exporters of Wood Stakes  were Poland ($42.4M), Latvia ($30.2M), Slovakia ($16.5M), Canada ($14.6M), and Hungary ($12.4M).

Imports: In 2019 the top importers of Wood Stakes were United Kingdom ($32.1M), France ($25.3M), Germany ($22M), United States ($21.1M), and Romania ($16.3M).

Tariffs: In 2018 the average tariff for Wood Stakes was 5.87%, making it the 718th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Wood Stakes are Belize (60.6%), Zambia (36.3%), Sudan (35%), Angola (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Description: Hoopwood is a tree that is found in the southern United States. It's typically cut down and used for firewood or to make furniture, but it's also been used to make hoops for barrels.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Poland, $42.4M

Top Destination (2019): United Kingdom, $32.1M

Wood Stakes are the world's 1097th most traded product.

In 2019, the top exporters of Wood Stakes were Poland ($42.4M), Latvia ($30.2M), Slovakia ($16.5M), Canada ($14.6M), and Hungary ($12.4M).

In 2019, the top importers of Wood Stakes were United Kingdom ($32.1M), France ($25.3M), Germany ($22M), United States ($21.1M), and Romania ($16.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Belarus, $4.28M

Top Destination Growth (2018 - 2019): Czechia, $9.8M

Between 2018 and 2019, the exports of Wood Stakes grew the fastest in Belarus ($4.28M), Poland ($3.93M), Canada ($3.75M), Latvia ($3.17M), and India ($2.81M).

Between 2018 and 2019, the fastest growing importers of Wood Stakes were Czechia ($9.8M), United Kingdom ($6.64M), Gambia ($3.86M), Latvia ($3.5M), and Japan ($3.2M).

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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 Stakes.

In 2019,  market concentration measured using Shannon Entropy, was 4.91. This means that most of the exports of Wood Stakes are explained by 30 countries.

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TOP NET EXPORTER (2019): Poland, $34.7M

TOP NET IMPORTER (2019): United Kingdom, $23.3M

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

In 2019, the countries that had a largest trade value in exports than in imports of Wood Stakes were Poland ($34.7M), Latvia ($20.2M), Canada ($14.3M), Hungary ($12.1M), and Slovakia ($11.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Wood Stakes were United Kingdom ($23.3M), United States ($15.2M), France ($14M), Czechia ($11.6M), and Germany ($11.6M).

Disaggregation

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Value

In 2019, the world most traded Wood Stakes, disaggragated by their HS6 level were Poles, piles etc, coniferous, pointed but... ($191M) and Poles, piles etc, non-coniferous, pointed, not... ($112M)

Import Tariffs

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In 2018, the average tariff for importing Wood Stakes was 5.87%. The countries with the highest tariffs for importing Wood Stakes were Belize (60.6%), Zambia (36.3%), Sudan (35%), Angola (30%), and Cameroon (29.4%).

Product Complexity

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Diversification Frontier

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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

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