Wood Exporter Statistics of 2023

In the ever-increasing global market, the wooden export industry plays a vital position in the assembly of the call for diverse wooden products worldwide. It's critical to analyze the wood exporter statistics to gain insights into the top players in the market. In the ever-evolving international of international trade, the wood export industry continues to play a large role. Wood comes under the HS code Chapter 44 . The total value of wood exports in 2023 accounted for around $184 billion. The length of the global wood marketplace was anticipated at $6470.15 million in 2023, and it is expected to grow at a compound annual growth fee (CAGR) of 3.39% to attain USD 7904.05 million by 2027. Because of its incredible balance and low weight, wood is an appropriate choice for structural creation substances. The year 2023 is not an exception, with many countries seeing a rise in wood exports. Let's take a better look at the top 10 wood-exporting countries and international locations in 2023.

What are the Top 10 Wood Exporting Countries of 2023?

China emerged as the biggest wood exporter in 2023 with wood exports accounting for $30.99 billion. Wood exporting countries contribute in a huge way to the global wood marketplace and economic increase. The pinnacle 10 wood exporters in 2023 include:

1. China: $30.99 billion

With its giant forestry sources and advanced manufacturing talents, China keeps leading the way as the arena's biggest wood exporter. China exports the most wood to the USA in 2023 worth $2.93 billion.

2. Canada: $26.55 billion

Known for its sustainable forestry practices, Canada holds a full-size marketplace percentage in the global wood export industry. Canada exports the most wood to the USA in 2023 worth $11.52 billion.

3. Poland: $22.85 billion    

As a key participant in the European market, Poland's wood exports make contributions to the nation's thriving economy. Poland exports the most wood to Germany in 2023 worth $1.97 billion.

4. Germany: $21.11 billion

Renowned for its incredible wood products, Germany stays a pinnacle contender in the global wood export market. Germany exports the most wood to Austria in 2023 worth $1.27 billion.  

5. US: $18.20 billion

With its varieties of wood species and a robust manufacturing quarter, the USA is still a first-rate participant in wood exports. The US exports the most wood to Canada in 2023 worth $2.46 billion.

6. Austria: $10.05 billion

Known for its innovative woodworking technologies, Austria is a key contributor to the global wooden export industry. Austria exports the most wood to Italy in 2023 worth $1.45 billion.

7. Sweden: $8.40 billion

With its sustainable forestry practices and high environmental requirements, Sweden is a trusted source of high-quality wood products. Sweden exports the most wood to the United Kingdom in 2023 worth $825.31 million.

8. Indonesia: $7.49 billion

Rich in herbal resources, Indonesia has emerged as a main wood exporter inside the Asia-Pacific place. Indonesia exports the most wood to Japan in 2023 worth $731.17 million.

9. Thailand: $6.32 billion

Known for its manufacturing of tropical hardwoods, Thailand's wooden exports are in excessive call for in worldwide markets. Thailand exports the most wood to China in 2023 worth $1.43 billion.

10. Finland: $5.87 billion

With its international-magnificence wooded area control practices, Finland's wood exports preserve to play a vital function in the global wood market. Finland exports the most wood to Japan in 2023 worth $286.26 million.

What are the Top 10 Wood-Producing countries in 2023?

Globally, wood may be very giant. It is utilized for energy, fixtures, and construction. The globe generates more than 4 billion cubic meters of wood yearly. With 292.1 million cubic meters of wood produced per year, the United States is the arena's largest wood-producing nation. The pinnacle 10 wood producers in 2023 in conjunction with their most important wood types produced are:

1. United States: 292.1 million cubic meters (Softwood timber)
2. China: 225.7 million cubic meters (Softwood and hardwoods including bamboo)
3. Russia: 186.7 million cubic meters (Coniferous-Softwood Timber)
4. Canada: 166.2 million cubic meters (Coniferous Softwood Lumber)
5. Brazil: 78.3 million cubic meters (Hardwood mainly eucalyptus and pine)
6. Indonesia: 73.0 million cubic meters (Tropical hardwoods)
7. Finland: 73.1 million cubic meters (Softwood Timber mainly Spruce & Pine)
8. Sweden: 70.2 million cubic meters (Softwood Timber)
9. Malaysia: 65.1 million cubic meters (Tropical hardwoods and plantation wood)
10. Germany: 47.5 million cubic meters (Spruce, Pine, Beech)

What are the top 10 Wood Exporting Companies in 2023?

The top 10 wood exporting companies in 2023, along with their production volume include:

1. West Fraser Timber Co. Ltd. (Canada): 9,3981,000 m³
2. Canfor Corporation (Canada): 8,9071,000 m³
3. Weyerhaeuser Company (USA): 7,6841,000 m³
4. Stora Enso Oyj (Finland): 5,7001,000 m³
5. Sierra Pacific Industries (USA): 4,8631,000 m³
6. Binderholz (Austria): 4,8301,000 m³
7. Interfor Corporation (Canada): 4,6391,000 m³
8. Georgia-Pacific LLC (USA): 4,0981,000 m³
9. Resolute Forest Products Inc (Canada): 3,0631,000 m³
10. Celulosa Arauco y Constitución (Chile): 3,0001,000 m³

What kinds of wood are there in the market?

The market is divided into the following categories based on product kinds, which in 2023 accounted for the greatest proportion of the wood market. These include:

• Spruce
• Pine
• Timber
• Beech Trees
• Oak Trees
• Eucalyptus
• Others

How to Find Potential Wood Suppliers Online with TradeImeX

Looking to connect with wooden providers online? TradeImeX is a precious resource that will let you become aware of potential companions in the wood enterprise. It allows you to discover exceptional and potential wood suppliers online at low charges around the world. By using the TradeImeX database, you could get entry to distinct statistics on wood exporters, which include contact information, product services, and export statistics. find suppliers now with tradeimex info solution 

• Search with the aid of Country: Narrow down your search by deciding on a specific country to recognize. This can help you discover suppliers that are geographically towards you.
• Filter through Product: Specify the type of wood product you're interested in, whether it is wood, plywood, or timber pellets. This will assist you in discovering suppliers that specialize in your preferred product.
• Check Export Statistics: Review export statistics to gauge the overall performance of potential providers. Look for a constant rise and a strong file for exporting wood products. | Contact Us 

Conclusion

To conclude, the wood export industry is poised to endure a rise in 2023, with key players and pinnacle wood exporters like China, Canada, and Germany using innovation and sustainability. The wooden export industry is prospering in 2023, with numerous countries making full-size contributions to the global marketplace. Embrace the virtual revolution and take your wood-sourcing strategy to the subsequent degree today by exploring the top wood exporters of 2023!

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