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Casks, barrels, vats, tubs and other coopers' products and parts thereof, of wood, including staves

4416 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.29BRnk 872 / 1217
2023
Top Exporter | Top Importer $532M | $311MFrance | United States
2023
Product Complexity 0.15Rnk 520 / 1044
2022 - 2023
Export Growth (CAGR) 11.2%Rnk 138 / 1217
2023
Share of World Trade 0.0057%Rnk 872 / 1217

About

Overview This page contains the latest trade data of Wood Barrels. In 2023, Wood Barrels were the world's 872nd most traded product, with a total trade of $1.29B. Between 2022 and 2023 the exports of Wood Barrels grew by 11.2%, from $1.16B to $1.29B. Trade in Wood Barrels represent 0.0057% of total world trade.

Wood Barrels are a part of Wood, wood articles, & charcoal. They include Wooden casks, barrels, vats, tubs, etc..

Exports In 2023 the top exporters of Wood Barrels  were France ($532M), United States ($423M), Spain ($167M), Portugal ($16.5M), and Romania ($16.1M).

Imports In 2023 the top importers of Wood Barrels were United States ($311M), United Kingdom ($277M), Spain ($84.7M), Ireland ($70.2M), and France ($54.2M).

Ranking Wood Barrels ranks 520th 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 Wood Barrels. 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)France$532M
Top Destination (2023)United States$311M

In 2023 Wood Barrels were the world's 872nd most traded product (out of 1,217).

In 2023, the top exporters of Wood Barrels were France ($532M), United States ($423M), Spain ($167M), Portugal ($16.5M), and Romania ($16.1M).

In 2023, the top importers of Wood Barrels were United States ($311M), United Kingdom ($277M), Spain ($84.7M), Ireland ($70.2M), and France ($54.2M).

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Exporters of Wood Barrels (2023)
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Importers of Wood Barrels (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$88.6M
Top Destination Growth (2022 -  2023)United Kingdom$73.7M

Between 2022 and 2023, the exports of Wood Barrels grew the fastest in United States ($88.6M), Spain ($28.6M), France ($15.5M), Bulgaria ($5.69M), and Romania ($5.62M).

Between 2022 and 2023, the fastest growing importers of Wood Barrels were United Kingdom ($73.7M), Ireland ($26.4M), United States ($24.8M), Spain ($19.6M), and China ($19.2M).

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Exporters of Wood Barrels (2022 - 2023)

Importers of Wood Barrels (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wood Barrels.

In 2023, market concentration measured using Shannon Entropy, was 2.45. This means that most of the exports of Wood Barrels are explained by 5 countries.

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Value of Exports in Wood Barrels

Net Trade

TOP NET EXPORTER (2023)France$478M
TOP NET IMPORTER (2023)United Kingdom$270M

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

In 2023, the countries that had a largest trade value in exports than in imports of Wood Barrels were France ($478M), United States ($112M), Spain ($82.7M), Romania ($13.8M), and Hungary ($11.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Wood Barrels were United Kingdom ($270M), Ireland ($64.9M), Japan ($49M), China ($47.2M), and Canada ($35.4M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Wood Barrels by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $6.38M
TOP IMPORT POTENTIALSpain+ $2.16M

Wood Barrels’s highest export potential is United Kingdom. With an export gap of $6.38M.  Wood Barrels’s highest import potential is Spain with an import gap of $2.16M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Wood Barrels to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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