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Wood wool; wood flour

4405 (Harmonized System 1992 for 4-digit)

2023
World Trade $82.2MRnk 1179 / 1217
2023
Top Exporter | Top Importer $32.8M | $9.29MGermany | Netherlands
2022 - 2023
Export Growth (CAGR) -17.1%Rnk 965 / 1217
2023
Share of World Trade 0.00036%Rnk 1179 / 1217

About

Overview This page contains the latest trade data of Wood Wool. In 2023, Wood Wool were the world's 1179th most traded product, with a total trade of $82.2M. Between 2022 and 2023 the exports of Wood Wool decreased by -17.1%, from $99.1M to $82.2M. Trade in Wood Wool represent 0.00036% of total world trade.

Wood Wool are a part of Wood, wood articles, & charcoal. They include Wood wool, wood flour.

Exports In 2023 the top exporters of Wood Wool  were Germany ($32.8M), Vietnam ($8.8M), Ukraine ($5.29M), United States ($4.88M), and United Kingdom ($4.5M).

Imports In 2023 the top importers of Wood Wool were Netherlands ($9.29M), Germany ($6.35M), United Kingdom ($6M), Indonesia ($5.29M), and France ($5.05M).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wood Wool. 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)Germany$32.8M
Top Destination (2023)Netherlands$9.29M

In 2023 Wood Wool were the world's 1179th most traded product (out of 1,217).

In 2023, the top exporters of Wood Wool were Germany ($32.8M), Vietnam ($8.8M), Ukraine ($5.29M), United States ($4.88M), and United Kingdom ($4.5M).

In 2023, the top importers of Wood Wool were Netherlands ($9.29M), Germany ($6.35M), United Kingdom ($6M), Indonesia ($5.29M), and France ($5.05M).

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

Color
Top Origin Growth (2022 -  2023)United Kingdom$1.18M
Top Destination Growth (2022 -  2023)Hong Kong$1.13M

Between 2022 and 2023, the exports of Wood Wool grew the fastest in United Kingdom ($1.18M), Poland ($938k), France ($357k), Italy ($328k), and Hungary ($202k).

Between 2022 and 2023, the fastest growing importers of Wood Wool were Hong Kong ($1.13M), Czechia ($629k), Romania ($354k), Uganda ($311k), and Brazil ($293k).

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Exporters of Wood Wool (2022 - 2023)

Importers of Wood Wool (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Wood Wool are explained by 11 countries.

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Value of Exports in Wood Wool

Net Trade

TOP NET EXPORTER (2023)Germany$26.5M
TOP NET IMPORTER (2023)Netherlands$6.69M

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

In 2023, the countries that had a largest trade value in exports than in imports of Wood Wool were Germany ($26.5M), Vietnam ($8.54M), Ukraine ($4.96M), United States ($3.23M), and Spain ($786k).

In 2023, the countries that had a largest trade value in imports than in exports of Wood Wool were Netherlands ($6.69M), Hong Kong ($4.37M), Indonesia ($4.15M), Chinese Taipei ($3.11M), and Belgium ($2.31M).

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 Wood Wool.
It is possible to select the main countries that export or import Wood Wool in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Wood Wool’s highest export potential is N/A. With an export gap of N/A.  Wood Wool’s highest import potential is N/A with an import gap of N/A.

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 Wool 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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