NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Wood, tropical; teak, sawn or chipped lengthwise, sliced or peeled, planed, square dressed, structural, thicker than 6mm

440723 (Harmonized System 1992 for 6-digit)

2023
World Trade $274MRnk 3410 / 4644
2023
Top Exporter | Top Importer $99.4M | $83.5MEcuador | China
2023
Product Complexity -1.95Rnk 4505 / 4656
2022 - 2023
Export Growth (CAGR) -0.74%Rnk 1627 / 4644
2023
Share of World Trade 0.0012%Rnk 3410 / 4644

About

Overview This page contains the latest trade data of Tropical teak wood, processed >6mm thickness. In 2023, Tropical teak wood, processed >6mm thickness were the world's 3410th most traded product, with a total trade of $274M. Between 2022 and 2023 the exports of Tropical teak wood, processed >6mm thickness decreased by -0.74%, from $276M to $274M. Trade in Tropical teak wood, processed >6mm thickness represent 0.0012% of total world trade.

Tropical teak wood, processed >6mm thickness are a part of Sawn Wood.

Exports In 2023 the top exporters of Tropical teak wood, processed >6mm thickness  were Ecuador ($99.4M), Papua New Guinea ($28.6M), Ghana ($27.5M), Spain ($24.8M), and United States ($19.4M).

Imports In 2023 the top importers of Tropical teak wood, processed >6mm thickness were China ($83.5M), India ($37.9M), Denmark ($25.3M), United States ($25.2M), and Mexico ($17.5M).

Ranking Tropical teak wood, processed >6mm thickness ranks 4505th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Tropical teak wood, processed >6mm thickness. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Ecuador$99.4M
Top Destination (2023)China$83.5M

In 2023 Tropical teak wood, processed >6mm thickness were the world's 3410th most traded product (out of 4,644).

In 2023, the top exporters of Tropical teak wood, processed >6mm thickness were Ecuador ($99.4M), Papua New Guinea ($28.6M), Ghana ($27.5M), Spain ($24.8M), and United States ($19.4M).

In 2023, the top importers of Tropical teak wood, processed >6mm thickness were China ($83.5M), India ($37.9M), Denmark ($25.3M), United States ($25.2M), and Mexico ($17.5M).

Explore Visualizations

Exporters of Tropical teak wood, processed >6mm thickness (2023)
[Click to Select a Country]

Importers of Tropical teak wood, processed >6mm thickness (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Ecuador$57.1M
Top Destination Growth (2022 -  2023)China$45.8M

Between 2022 and 2023, the exports of Tropical teak wood, processed >6mm thickness grew the fastest in Ecuador ($57.1M), Spain ($19.9M), United States ($5.42M), Ghana ($2.33M), and Peru ($1.46M).

Between 2022 and 2023, the fastest growing importers of Tropical teak wood, processed >6mm thickness were China ($45.8M), Denmark ($16.5M), India ($9.3M), Japan ($3.36M), and Poland ($2.15M).

Explore Visualizations

Exporters of Tropical teak wood, processed >6mm thickness (2022 - 2023)

Importers of Tropical teak wood, processed >6mm thickness (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tropical teak wood, processed >6mm thickness.

In 2023, market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Tropical teak wood, processed >6mm thickness are explained by 11 countries.

Explore Visualizations

Value of Exports in Tropical teak wood, processed >6mm thickness

Net Trade

TOP NET EXPORTER (2023)Ecuador$94.9M
TOP NET IMPORTER (2023)China$82.4M

This map shows which countries export or import more of Tropical teak wood, processed >6mm thickness. Each country is colored based on the difference in exports and imports of Tropical teak wood, processed >6mm thickness during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tropical teak wood, processed >6mm thickness were Ecuador ($94.9M), Papua New Guinea ($28.6M), Ghana ($27.5M), Spain ($21.4M), and Democratic Republic of the Congo ($13.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Tropical teak wood, processed >6mm thickness were China ($82.4M), India ($37.8M), Denmark ($24.3M), Mexico ($16.7M), and Kenya ($12.1M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Tropical teak wood, processed >6mm thickness.
It is possible to select the main countries that export or import Tropical teak wood, processed >6mm thickness in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tropical teak wood, processed >6mm thickness by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms