Iceland | Imports and Exports | World | Wood and articles of wood; wood charcoal | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 44 "Wood and articles of wood; wood charcoal" from Iceland totalled $ 472 thousand in 2023. Sales of commodity group 44 from Iceland went up by 52% compared to 2022: exports of commodity group 44 "Wood and articles of wood; wood charcoal" went up by $ 162 thousand (cumulative exports of commodity group 44 from Iceland amounted $310 thousand in 2022)
Exports of commodity group 44 "Wood and articles of wood; wood charcoal" amounted to 0.006% of total exports from Iceland (cumulative merchandise exports from Iceland totalled $ 6.8 billion in 2023). The share of commodity group 44 in total exports from Iceland increased by 0.002 p.p. compared to 2022 (it was 0.004% in 2022 and cumulative exports from Iceland were equal to $ 7.4 billion).
Where does Iceland export Wood and articles of wood; wood charcoal?
Top export destinations of "Wood and articles of wood; wood charcoal" from Iceland in 2023:
- Sweden with a share of 33% (157 thousand US$)
- Netherlands with a share of 26% (126 thousand US$)
- Denmark with a share of 14.7% (69 thousand US$)
- Germany with a share of 11.9% (56 thousand US$)
- Faroe Islands with a share of 6.02% (28 thousand US$)
- USA with a share of 2.5% (11.8 thousand US$)
- Norway with a share of 2.31% (10.9 thousand US$)
- United Kingdom - 3.65 thousand US$
- Greenland - 3.36 thousand US$
- Lithuania - 1.96 thousand US$
Exports structure of 44 - Wood and articles of wood; wood charcoal - from Iceland in 2023 represented by the following main commodity groups:
- 58% (278 thousand US$): 4401 - Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms; wood in chips or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms
- 20% (95 thousand US$): 4415 - Packing cases, boxes, crates, drums and similar packings, of wood; cable-drums of wood; pallets, box pallets and other load boards, of wood; pallet collars of wood
- 8.16% (38 thousand US$): 4403 - Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared
- 4.42% (20 thousand US$): 4420 - Wood marquetry and inlaid wood; caskets and cases for jewellery or cutlery, and similar articles, of wood; statuettes and other ornaments, of wood; wooden articles of furniture not falling in Chapter 94
- 3.91% (18.5 thousand US$): 4417 - Tools, tool bodies, tool handles, broom or brush bodies and handles, of wood; boot or shoe lasts and trees, of wood.
- 2.9% (13.7 thousand US$): 4421 - Other articles of wood.n.e.s. in heading no. 4414 to 4420
- 0.551% (2.6 thousand US$): 4407 - Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm
- 0.519% (2.45 thousand US$): 4416 - Casks, barrels, vats, tubs and other coopers' products and parts thereof, of wood, including staves
- 0.23% (1.09 thousand US$): 4419 - Tableware and kitchenware, of wood.
- 0.073% (347 US$): 4413 - Densified wood, in blocks, plates, strips or profile shapes
The value of imports of commodity group 44 "Wood and articles of wood; wood charcoal" to Iceland totalled $ 183 million in 2023. Sales of commodity group 44 to Iceland decreased by 3.68% in value terms compared to 2022. imports of commodity group 44 "Wood and articles of wood; wood charcoal" decreased by $ 7.03 million (the value of imports of commodity group 44 to Iceland was equal to $190 million in 2022)
Imports of commodity group 44 "Wood and articles of wood; wood charcoal" accounted for 1.93% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 44 in total imports to Iceland decreased by 0.037 p.p. compared to 2022 (it was 1.97% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).
Imports of commodity group 44 reached 99% of total imports of group 44 "Wood and articles of wood; wood charcoal" to Iceland in 2023 (imports of commodity group 44 to Iceland totalled $183 million in 2023). The share of purchases of commodity group 44 in imports of commodity group 44 to Iceland went down by 0 p.p. compared to 2022 (it was 100% in 2022, and imports of commodity group 44 to Iceland accounted for $190 million).
Where does Iceland import Wood and articles of wood; wood charcoal from?
Top trading partners (import of "Wood and articles of wood; wood charcoal") of Iceland in 2023:
- Denmark with a share of 17.6% (32 million US$)
- Latvia with a share of 13.2% (24 million US$)
- Lithuania with a share of 9.57% (17.5 million US$)
- Germany with a share of 9.51% (17.4 million US$)
- Sweden with a share of 5.94% (10.9 million US$)
- Austria with a share of 5.45% (10 million US$)
- Finland with a share of 5.24% (9.64 million US$)
- Indonesia with a share of 4.46% (8.19 million US$)
- Poland with a share of 3.88% (7.14 million US$)
- Canada with a share of 3.45% (6.34 million US$)
Imports structure of 44 - Wood and articles of wood; wood charcoal - to Iceland in 2023 represented by the following main commodity groups:
- 39% (73 million US$): 4418 - Builders' joinery and carpentry of wood, including cellular wood panels, assembled parquet panels, shingles and shakes
- 18.3% (33 million US$): 4407 - Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm
- 9.87% (18.1 million US$): 4402 - Wood charcoal (including shell or nut charcoal), whether or not agglomerated
- 5.89% (10.8 million US$): 4412 - Plywood, veneered panels and similar laminated wood
- 5.65% (10.3 million US$): 4411 - Fibreboard of wood or other ligneous materials, whether or not bonded with resins or other organic substances
- 4.53% (8.33 million US$): 4410 - Particle board and similar board (for example, oriented strand board and waferboard) of wood or other ligneous materials, whether or not agglomerated with resins or other organic binding substances
- 4.41% (8.1 million US$): 4401 - Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms; wood in chips or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms
- 2.5% (4.6 million US$): 4409 - Wood (including strips and friezes for parquet flooring, not assembled) continuously shaped (tongued, grooved, rebated, chamfered, V-jointed, beaded, moulded, rounded or the like) along any of its edges, ends or faces, whether or not planed, sanded or end-jointed.
- 2.34% (4.31 million US$): 4403 - Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared
- 1.81% (3.33 million US$): 4421 - Other articles of wood.n.e.s. in heading no. 4414 to 4420
