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Wood, tropical; teak, in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated

440342 (Harmonized System 2022 for 6-digit)

2023
World Trade $264MRnk 3860 / 5606
2023
Top Exporter | Top Importer $50.5M | $240MBrazil | India
2023
Product Complexity -3.24Rnk 5593 / 5606
2022 - 2023
Export Growth (CAGR) -3.57%Rnk 2465 / 5606
2023
Share of World Trade 0.0012%Rnk 3860 / 5606

About

Overview This page contains the latest trade data of Rough Teak Wood. In 2023, Rough Teak Wood were the world's 3860th most traded product, with a total trade of $264M. Between 2022 and 2023 the exports of Rough Teak Wood decreased by -3.57%, from $274M to $264M. Trade in Rough Teak Wood represent 0.0012% of total world trade.

Rough Teak Wood are a part of Rough Wood.

Exports In 2023 the top exporters of Rough Teak Wood  were Brazil ($50.5M), Ghana ($49.6M), Panama ($40.8M), Ecuador ($24.2M), and Colombia ($20.1M).

Imports In 2023 the top importers of Rough Teak Wood were India ($240M), China ($10.3M), Vietnam ($5.05M), Netherlands ($2.6M), and Germany ($1.02M).

Ranking Rough Teak Wood ranks 5593rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Year
Top Origin (2023)Brazil$50.5M
Top Destination (2023)India$240M

In 2023 Rough Teak Wood were the world's 3860th most traded product (out of 5,606).

In 2023, the top exporters of Rough Teak Wood were Brazil ($50.5M), Ghana ($49.6M), Panama ($40.8M), Ecuador ($24.2M), and Colombia ($20.1M).

In 2023, the top importers of Rough Teak Wood were India ($240M), China ($10.3M), Vietnam ($5.05M), Netherlands ($2.6M), and Germany ($1.02M).

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Exporters of Rough Teak Wood (2023)
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Importers of Rough Teak Wood (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Brazil$27.7M
Top Destination Growth (2022 -  2023)Greece$638k

Between 2022 and 2023, the exports of Rough Teak Wood grew the fastest in Brazil ($27.7M), Colombia ($19.8M), Benin ($7.11M), Mexico ($5.33M), and Costa Rica ($3.11M).

Between 2022 and 2023, the fastest growing importers of Rough Teak Wood were Greece ($638k), Belgium ($438k), United Kingdom ($383k), Germany ($353k), and Indonesia ($336k).

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Exporters of Rough Teak Wood (2022 - 2023)

Importers of Rough Teak Wood (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rough Teak Wood.

In 2023, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Rough Teak Wood are explained by 11 countries.

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Value of Exports in Rough Teak Wood

Net Trade

Year
TOP NET EXPORTER (2023)Brazil$50.5M
TOP NET IMPORTER (2023)India$240M

This map shows which countries export or import more of Rough Teak Wood. Each country is colored based on the difference in exports and imports of Rough Teak Wood during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Rough Teak Wood were Brazil ($50.5M), Ghana ($49.6M), Panama ($40.8M), Ecuador ($24.2M), and Colombia ($20.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Rough Teak Wood were India ($240M), China ($10.3M), Vietnam ($4.91M), Netherlands ($1.44M), and Germany ($796k).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Rough Teak Wood.
It is possible to select the main countries that export or import Rough Teak Wood in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rough Teak Wood by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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.

Relatedness vs Country Complexity (2023)

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