Overview This page contains the latest trade data of Wood Products. In 2020, Wood Products were the world's 17th most traded product, with a total trade of $140B. Between 2019 and 2020 the exports of Wood Products N/A by N/A, from $143B to $140B. Trade in Wood Products represent 0.84% of total world trade.
Exports In 2020 the top exporters of Wood Products were China ($15.3B), Canada ($13.4B), Germany ($9.75B), Russia ($8.44B), and United States ($7.8B).
Imports In 2020 the top importers of Wood Products were United States ($23.2B), China ($16.9B), Germany ($8.87B), Japan ($8.21B), and United Kingdom ($7.11B).
Tariffs In 2018 the average tariff for Wood Products was 8.38%, making it the 12th lowest tariff using the Section product classification.
The countries with the highest import tariffs for Wood Products are Zambia (35.1%), Sudan (30.4%), Cameroon (28.9%), and Gabon (28.7%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (0.61%).
Ranking Wood Products ranks 15th in the Product Complexity Index (PCI).