Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
44. Wood and articles of wood; wood charcoal | USA | Canada | Imports | Value (US$) | 6,558,453,448.00 | 8,150,690,129.00 | 8,800,407,437.00 | 8,606,990,578.00 | 10,065,302,199.00 | 10,740,047,349.00 | 10,787,681,599.00 | 8,881,863,832.00 | 11,311,078,197.00 | 19,387,541,131.00 | 17,101,787,715.00 | 11,450,584,467.00 |
Value Growth, YoY (%) | 19.48 | 24.27 | 7.97 | -2.19 | 16.94 | 6.70 | 0.44 | -17.66 | 27.35 | 71.40 | -11.78 | -33.04 |
The value of imports of commodity group 44 "Wood and articles of wood; wood charcoal" to USA from Canada totalled $ 11.4 billion in 2023. Sales of commodity group 44 to USA from Canada declined by 33% compared to 2022.imports of commodity group 44 "Wood and articles of wood; wood charcoal" decreased by $ 5.65 billion (the value of sales of commodity group 44 to USA from Canada was equal to $17.1 billion in 2022)
Imports of commodity group 44 amounted to 2.66% of total merchandise imports to USA from Canada (in 2023, total imports to USA from Canada were $ 429 billion). The share of commodity group 44 in total imports to USA from Canada decreased by 1.16 p.p. compared to 2022 (it was 3.82% in 2022 and cumulative imports to USA from Canada were equal to $ 446 billion).
The share of Canada in total imports of commodity group 44 "Wood and articles of wood; wood charcoal" to USA amounted to 47 percent (11.4 billion USD) in 2023 of 24 billion USD - the value of total merchandise imports of commodity group 44 to USA in 2023. The share of Canada in imports of commodity group 44 "Wood and articles of wood; wood charcoal" to USA increased by 0.545 p.p. compared to 2022 (it was 47 percent in 2022, and total imports of commodity group 44 to USA were equal to 36 billion USD).