Rough Wood in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $25.4M in Rough Wood, making it the 56th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 1017th most exported product in China. The main destination of Rough Wood exports from China are: Vietnam ($17.2M), United States ($2.11M), Cambodia ($1.7M), United Kingdom ($732k), and Hong Kong ($545k).

The fastest growing export markets for Rough Wood of China between 2021 and 2022 were Vietnam ($12.9M), United States ($965k), and Hong Kong ($478k).

Imports In 2022, China imported $6.5B in Rough Wood, becoming the 1st largest importer of Rough Wood in the world. At the same year, Rough Wood was the 53rd most imported product in China. China imports Rough Wood primarily from: New Zealand ($2.01B), United States ($747M), Germany ($483M), Papua New Guinea ($473M), and Netherlands ($274M).

The fastest growing import markets in Rough Wood for China between 2021 and 2022 were Papua New Guinea ($157M), Mexico ($44.4M), and Equatorial Guinea ($27.7M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (120), WAL-MART INC. (67), and BASS PRO LLC (65) were at the forefront of shipping Rough Wood from China to the United States.

Latest Trends

November 2023

About

Overview In November 2023 China's Rough Wood exports accounted up to $231k and imports accounted up to $432M, resulting in a negative trade balance of $432M. Between February 2021 and November 2023 the exports of China's Rough Wood have decreased by $-730k (-75.9%) from $962k to $231k, while imports decreased by $-30.7M (-6.62%) from $463M to $432M.

Destinations In November 2023, Rough Wood were exported mostly to , and were imported mostly from New Zealand ($140M), United States ($37.9M), Solomon Islands ($33.3M), Germany ($21.1M), and Canada ($20.6M).

Growth In November 2023, the decrease in Rough Wood's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the decrease in Rough Wood's year-by-year imports was explained primarily by a decrease in imports from Germany ($-52.6M or -37.7%), Equatorial Guinea ($-20M or -83.7%), and Czechia ($-19M or -71.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2021 - November 2023)$-730k(-75.9%)

IMPORT GROWTH (February 2023 - February 2024)$-30.7M(-6.62%)

MAIN EXPORTER (November 2023)

MAIN DESTINATION (November 2023)

This section shows Rough Wood's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rough Wood over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$25.4M

IMPORTS (2022)$6.5B

NET TRADE (2022)-$6.48B

In 2022, China exported $25.4M in Rough Wood. The main destinations of China exports on Rough Wood were Vietnam ($17.2M), United States ($2.11M), Cambodia ($1.7M), United Kingdom ($732k), and Hong Kong ($545k).

In 2022, China imported $6.5B in Rough Wood, mainly from New Zealand ($2.01B), United States ($747M), Germany ($483M), Papua New Guinea ($473M), and Netherlands ($274M).

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