Densified Wood in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $31.6M in Densified Wood, making it the 6th largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 1000th most exported product in China. The main destination of Densified Wood exports from China are: Germany ($4.6M), France ($3.52M), Chinese Taipei ($2.81M), Vietnam ($2.37M), and Canada ($1.93M).

The fastest growing export markets for Densified Wood of China between 2021 and 2022 were Vietnam ($1.47M), Canada ($1.05M), and Germany ($929k).

Imports In 2022, China imported $16.9M in Densified Wood, becoming the 7th largest importer of Densified Wood in the world. At the same year, Densified Wood was the 948th most imported product in China. China imports Densified Wood primarily from: Angola ($7.5M), Ecuador ($2.55M), Italy ($1.81M), Indonesia ($1.72M), and Germany ($1.4M).

The fastest growing import markets in Densified Wood for China between 2021 and 2022 were Indonesia ($1.72M), Italy ($645k), and Spain ($605k).

COMPANIES In 2023, leading companies such as MERCHSOURCE LLC (3) and WALMART INC (1) were at the forefront of shipping Densified Wood from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Densified Wood exports accounted up to $1.1M and imports accounted up to $2.77M, resulting in a negative trade balance of $1.67M. Between March 2023 and March 2024 the exports of China's Densified Wood have decreased by $-127k (-10.4%) from $1.22M to $1.1M, while imports increased by $1.2M (75.9%) from $1.57M to $2.77M.

Destinations In March 2024, Densified Wood were exported mostly to Chinese Taipei ($444k), United States ($220k), South Korea ($104k), United Kingdom ($72.2k), and Thailand ($62k), and were imported mostly from Germany ($2.25M), Italy ($292k), South Korea ($226k), Spain ($6.54k), and United Arab Emirates ($34).

Growth In March 2024, the decrease in Densified Wood's year-by-year exports was explained primarily by a decrease in exports to United States ($-122k or -79.7%), Philippines ($-99.3k or -75.2%), and Vietnam ($-26.4k or -64.8%). In March 2024, the increase in Densified Wood's year-by-year imports was explained primarily by an increase in imports from Germany ($164k or 35.8%) and Chinese Taipei ($768 or 10.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-127k(-10.4%)

IMPORT GROWTH (March 2023 - March 2024)$1.2M(75.9%)

MAIN EXPORTER (March 2024)Guangxi Zhuang Autonomous Region$649k

MAIN DESTINATION (March 2024)Chinese Taipei$444k

This section shows Densified Wood's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Densified Wood over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$31.6M

IMPORTS (2022)$16.9M

NET TRADE (2022)$14.8M

In 2022, China exported $31.6M in Densified Wood. The main destinations of China exports on Densified Wood were Germany ($4.6M), France ($3.52M), Chinese Taipei ($2.81M), Vietnam ($2.37M), and Canada ($1.93M).

In 2022, China imported $16.9M in Densified Wood, mainly from Angola ($7.5M), Ecuador ($2.55M), Italy ($1.81M), Indonesia ($1.72M), and Germany ($1.4M).

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