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2022
Exports $5.46BWorld Rnk 1 / 167
Flag Rnk 131 / 1216
2022
Destination $40.1M Philippines
2021 - 2022
FASTEST GROWING MARKET $40.1MAustralia
2022
PRODUCT COMPLEXITY IN Plywood-0.88Rnk 799 / 1025
2022
Imports $201MWorld Rnk 25 / 223
Flag Rnk 519 / 1212
2022
Origin $28.6M Russia
2021 - 2022
FASTEST GROWING ORIGIN $28.6MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $5.46B in Plywood, making it the 1st largest exporter of Plywood in the world. At the same year, Plywood was the 131st most exported product in China. The main destination of Plywood exports from China are: Philippines ($410M), Japan ($410M), United States ($382M), United Kingdom ($341M), and Canada ($314M).

The fastest growing export markets for Plywood of China between 2021 and 2022 were Australia ($40.1M), Germany ($36.2M), and Egypt ($27M).

Imports In 2022, China imported $201M in Plywood, becoming the 25th largest importer of Plywood in the world. At the same year, Plywood was the 519th most imported product in China. China imports Plywood primarily from: Russia ($69.3M), Indonesia ($44M), Chinese Taipei ($15.5M), United Kingdom ($11.9M), and Tanzania ($9.74M).

The fastest growing import markets in Plywood for China between 2021 and 2022 were Russia ($28.6M), Indonesia ($16.4M), and United Kingdom ($11.7M).

COMPANIES In 2023, leading companies such as Cali Bamboo Flooring (44), At Home Procurement (26), and IKEA Group (18) were at the forefront of shipping Plywood from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Plywood exports accounted up to $442M and imports accounted up to $32.2M, resulting in a positive trade balance of $410M. Between July 2023 and July 2024 the exports of China's   Plywood have increased by $16.8M (3.95%) from $426M to $442M, while imports increased by $6.67M (26.1%) from $25.6M to $32.2M.

Destinations In July 2024, Plywood were exported mostly to United Arab Emirates ($32.3M), Philippines ($29.5M), Australia ($27.1M), United Kingdom ($25.7M), and Belgium ($24.1M), and were imported mostly from Russia ($25.5M), Italy ($1.62M), Belgium ($906k), Indonesia ($893k), and Malaysia ($867k).

Growth In July 2024, the increase in Plywood's year-by-year exports was explained primarily by an increase in exports to Nigeria ($20M or 678%), France ($4.65M or 117%), and Italy ($2.43M or 32.6%). In July 2024, the increase in Plywood's year-by-year imports was explained primarily by an increase in imports from Russia ($1.66M or 47.7%), Germany ($436k or 307%), and Italy ($419k or 52.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$16.8M(3.95%)
IMPORT GROWTH (July 2023 - July 2024)$6.67M(26.1%)
MAIN EXPORTER (July 2024)Jiangsu Province$153M
MAIN DESTINATION (July 2024)United Arab Emirates$32.3M

This section shows Plywood'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 Plywood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.46B
IMPORTS (2022)$201M
NET TRADE (2022)$5.26B

In 2022, China exported $5.46B in Plywood. The main destinations of China exports on Plywood were Philippines ($410M), Japan ($410M), United States ($382M), United Kingdom ($341M), and Canada ($314M).

In 2022, China imported $201M in Plywood, mainly from Russia ($69.3M), Indonesia ($44M), Chinese Taipei ($15.5M), United Kingdom ($11.9M), and Tanzania ($9.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plywood EXPORT MARKETS FOR China WERE (2021 - 2022):
Australia$40.1M (15.6%)
Germany$36.2M (26.7%)
Egypt$27M (59.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plywood BY China WERE (2021 - 2022):
Israel-$91.5M (-38.5%)
United States-$81.5M (-17.6%)
Vietnam-$77.9M (-34.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Plywood were:
Indonesia $2.61B
Russia $1.28B
In 2022, China's main importing competitors in Plywood were:
United States $4.14B
Japan $1.84B
Germany $1.32B

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Trade Value of Plywood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $156M
TOP IMPORT POTENTIALRussia+ $37M

Plywood’s highest export potential is United States. With an export gap of $156M.   Plywood’s highest import potential is Russia with an import gap of $37M.

See methodology.

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