The top exporters of wood and articles thereof in 2023 saw China leading with $13.54 billion, closely followed by Canada with $13.18 billion. The United States and Germany also featured prominently with $9.0 billion and $7.68 billion, respectively. Over the past two years, China and Canada showed minimal fluctuations, maintaining steady increases in export value, indicating resilient demand. The CAGR over the last five years highlights moderate growth across all top exporters, emphasizing increased global consumption of wood products.
Future trends to watch include:
- Environmental regulations influencing production in key countries.
- Technological advancements in sustainable forestry practices.
- Market shifts due to geopolitical tensions and trade policies affecting export dynamics.
- Impact of global economic conditions on construction and furniture demand.
Top countries in Top Exporters of Wood and Articles Thereof
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 13,540 | 2016 | |
| 2 | 2 Canada | 13,180 | 2016 | |
| 3 | 3 United States | 9,000 | 2016 | |
| 4 | 4 Germany | 7,680 | 2016 | |
| 5 | 5 Russia | 6,520 | 2016 | |
| 6 | 6 Indonesia | 3,860 | 2016 | |
| 7 | 7 Poland | 3,840 | 2016 | |
| 8 | 8 Sweden | 3,740 | 2016 | |
| 9 | 9 Malaysia | 3,490 | 2016 | |
| 10 | 10 New Zealand | 2,880 | 2016 |
