2022
Exports
$16.6MWorld Rnk 51 / 177
Flag Rnk 791 / 1212
2022
PRODUCT COMPLEXITY IN Wood Carpentry
-0.052Rnk 563 / 1025
2022
Imports
$50.4MWorld Rnk 41 / 222
Flag Rnk 600 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $16.6M in Wood Carpentry, making it the 51st largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 791st most exported product in India. The main destination of Wood Carpentry exports from India are: Nepal ($3.41M), Maldives ($2.22M), United States ($1.74M), United Arab Emirates ($1.23M), and Bhutan ($1.06M).

The fastest growing export markets for Wood Carpentry of India between 2021 and 2022 were Maldives ($1.99M), United Arab Emirates ($510k), and Greece ($460k).

Imports In 2022, India imported $50.4M in Wood Carpentry, becoming the 41st largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 600th most imported product in India. India imports Wood Carpentry primarily from: China ($10.9M), Indonesia ($9.37M), Thailand ($6.04M), Malaysia ($5.58M), and Austria ($3.63M).

The fastest growing import markets in Wood Carpentry for India between 2021 and 2022 were Indonesia ($4.04M), Thailand ($1.26M), and Austria ($1.19M).

COMPANIES In 2023, leading companies such as Cinmar (2), Coaster Fine Furniture (1), and Arhaus (1) were at the forefront of shipping Wood Carpentry from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wood Carpentry. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.6M
IMPORTS (2022)$50.4M
NET TRADE (2022)-$33.8M

In 2022, India exported $16.6M in Wood Carpentry. The main destinations of India exports on Wood Carpentry were Nepal ($3.41M), Maldives ($2.22M), United States ($1.74M), United Arab Emirates ($1.23M), and Bhutan ($1.06M).

In 2022, India imported $50.4M in Wood Carpentry, mainly from China ($10.9M), Indonesia ($9.37M), Thailand ($6.04M), Malaysia ($5.58M), and Austria ($3.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR India WERE (2021 - 2022):
Maldives$1.99M (858%)
Greece$460k (8.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY India WERE (2021 - 2022):
Nepal-$3.22M (-48.6%)
United Kingdom-$1.66M (-67.2%)
Lebanon-$731k (-74.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, India's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.43M
TOP IMPORT POTENTIALChina+ $13.4M

Wood Carpentry’s highest export potential is United States. With an export gap of $3.43M.   Wood Carpentry’s highest import potential is China with an import gap of $13.4M.

See methodology.

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