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440724 (Harmonized System 1996 for 6-digit)

2023
World Trade $274MRnk 3501 / 4766
2023
Top Exporter | Top Importer $99.4M | $83.5MEcuador | China
2023
Product Complexity -1.96Rnk 4628 / 4780
2022 - 2023
Export Growth (CAGR) -0.62%Rnk 1637 / 4766
2023
Share of World Trade 0.0012%Rnk 3501 / 4766

About

Overview This page contains the latest trade data of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm). In 2023, Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were the world's 3501st most traded product, with a total trade of $274M. Between 2022 and 2023 the exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) decreased by -0.62%, from $275M to $274M. Trade in Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) represent 0.0012% 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 2023 the top exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm)  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 Wood: Mahogany, Balsa, etc. (Treated, >6mm) were China ($83.5M), India ($37.9M), Denmark ($25.3M), United States ($25.2M), and Mexico ($17.5M).

Ranking Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) ranks 4628th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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.

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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

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

In 2023 Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were the world's 3501st most traded product (out of 4,766).

In 2023, the top exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) 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 Wood: Mahogany, Balsa, etc. (Treated, >6mm) were China ($83.5M), India ($37.9M), Denmark ($25.3M), United States ($25.2M), and Mexico ($17.5M).

Explore Visualizations

Exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2023)
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Importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Ecuador$57.6M
Top Destination Growth (2022 -  2023)China$45.7M

Between 2022 and 2023, the exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) grew the fastest in Ecuador ($57.6M), Spain ($19.9M), United States ($5.4M), Ghana ($2.35M), and Peru ($1.37M).

Between 2022 and 2023, the fastest growing importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were China ($45.7M), Denmark ($16.5M), India ($9.27M), Japan ($3.35M), and Poland ($2.34M).

Explore Visualizations

Exporters of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2022 - 2023)

Importers of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) are explained by 11 countries.

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

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 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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tropical Wood: Mahogany, Balsa, etc. (Treated, >6mm) were Ecuador ($94.9M), Papua New Guinea ($28.6M), Ghana ($27.5M), Spain ($21.3M), 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 Wood: Mahogany, Balsa, etc. (Treated, >6mm) were China ($82.4M), India ($37.8M), Denmark ($24.3M), Mexico ($16.7M), and Kenya ($12.1M).

Net Trade (2023)

Country Comparison

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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 (2023)

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