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440724 (Harmonized System 1996 for 6-digit)

2022
World Trade $162MRnk 3960 / 4769
2022
Top Exporter | Top Importer $31.4M | $33.5MPapua New Guinea | China
2022
Product Complexity -1.84Rnk 4585 / 4776
2021 - 2022
Export Growth (CAGR) -38.6%Rnk 4629 / 4769
2022
Share of World Trade 0.00068%Rnk 3960 / 4769

About

Overview This page contains the latest trade data of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm). In 2022, Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were the world's 3960th most traded product, with a total trade of $162M. Between 2021 and 2022 the exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) decreased by -38.6%, from $264M to $162M. Trade in Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) represent 0.00068% of total world trade.

Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) are a part of Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed,....

Exports In 2022 the top exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm)  were Papua New Guinea ($31.4M), Ecuador ($31.1M), Democratic Republic of the Congo ($16.9M), United States ($14.4M), and Fiji ($10.4M).

Imports In 2022 the top importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were China ($33.5M), United States ($22.9M), Kenya ($16.8M), Mexico ($15.6M), and India ($14M).

Ranking Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) ranks 4585th 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 Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm). 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.

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Historical Data

Exporters and Importers

Top Origin (2022)Papua New Guinea$31.4M
Top Destination (2022)China$33.5M

In 2022 Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were the world's 3960th most traded product (out of 4,769).

In 2022, the top exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were Papua New Guinea ($31.4M), Ecuador ($31.1M), Democratic Republic of the Congo ($16.9M), United States ($14.4M), and Fiji ($10.4M).

In 2022, the top importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were China ($33.5M), United States ($22.9M), Kenya ($16.8M), Mexico ($15.6M), and India ($14M).

Explore Visualizations

Exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2022)
[Click to Select a Country]

Importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Fiji$3.21M
Top Destination Growth (2021 -  2022)Kuwait$3.09M

Between 2021 and 2022, the exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) grew the fastest in Fiji ($3.21M), Indonesia ($2.58M), Estonia ($1.81M), Guatemala ($1.79M), and Burma ($1.29M).

Between 2021 and 2022, the fastest growing importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were Kuwait ($3.09M), India ($2.77M), Finland ($2.11M), Dominican Republic ($1.34M), and Thailand ($860k).

Explore Visualizations

Exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2021 - 2022)

Importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm).

In 2022, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) are explained by 15 countries.

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Value of Exports in Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm)

Net Trade

TOP NET EXPORTER (2022)Papua New Guinea$31.4M
TOP NET IMPORTER (2022)China$32.5M

This map shows which countries export or import more of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm). Each country is colored based on the difference in exports and imports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were Papua New Guinea ($31.4M), Ecuador ($27.8M), Democratic Republic of the Congo ($16.9M), Fiji ($10.4M), and Poland ($6.72M).

In 2022, the countries that had a largest trade value in imports than in exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were China ($32.5M), Mexico ($15.3M), India ($13.9M), United States ($8.51M), and United Kingdom ($8.19M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm).
It is possible to select the main countries that export or import Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) 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 (2022)

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