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 | China | Imports | Value (US$) | 3,493,642,249.00 | 3,652,941,165.00 | 4,057,365,894.00 | 4,362,167,654.00 | 4,248,947,647.00 | 4,275,732,296.00 | 4,453,119,104.00 | 3,137,455,536.00 | 2,703,060,469.00 | 3,366,962,829.00 | 3,346,880,275.00 | 2,158,492,241.00 |
Value Growth, YoY (%) | 13.17 | 4.55 | 11.07 | 7.51 | -2.59 | 0.63 | 4.14 | -29.54 | -13.84 | 24.56 | -0.59 | -35.50 |
The value of imports of commodity group 44 "Wood and articles of wood; wood charcoal" to USA from China totalled $ 2.15 billion in 2023. Sales of commodity group 44 to USA from China declined by 35% compared to 2022.imports of commodity group 44 "Wood and articles of wood; wood charcoal" decreased by $ 1.18 billion (the value of sales of commodity group 44 to USA from China was equal to $3.34 billion in 2022)
Imports of commodity group 44 amounted to 0.481% of total merchandise imports to USA from China (in 2023, total imports to USA from China were $ 448 billion). The share of commodity group 44 in total imports to USA from China decreased by 0.099 p.p. compared to 2022 (it was 0.581% in 2022 and cumulative imports to USA from China were equal to $ 575 billion).
The share of China in total imports of commodity group 44 "Wood and articles of wood; wood charcoal" to USA amounted to 8.98 percent (2.15 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 China in imports of commodity group 44 "Wood and articles of wood; wood charcoal" to USA went down by -0.236 p.p. in value compared to 2022 (it was 9.22 percent in 2022, and total imports of commodity group 44 to USA were equal to 36 billion USD).