Product intelligence · HS 440322 · 2024 data

Wood: coniferous species, of pine (Pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm

Global exports of wood: coniferous species, of pine (pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm totalled $683,645,724 in 2024, a -2.5% change from the previous year. Traded by 91 countries across 538 bilateral corridors, with demand from 133 importing markets. The long-term trend is rapid decline.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$683.6M

-2.5% YoY

3Y / 5Y CAGR

-10.3%

5Y: +0.3%

Supply structure

Moderately concentrated

HHI 0.170

Volatility

Low

Score 12/100

1.

Market movement

In 2024, wood: coniferous species, of pine (pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm trade exhibited slight decline, with global flows reaching $683,645,724 and a three-year compound annual growth rate of -10.3% (five-year: +0.3%). The all-time peak of $947,852,557 was recorded in 2021; the current level is 28% below that high-water mark.

Over the 30-year observation window (19952024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-8.7% acceleration).

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.170). The three largest exporters — New Zealand ($254.3M), Norway ($106.3M), and Poland ($54.8M) — collectively dominate supply flows. The leading exporter has grown at -21.3% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.158). The three largest import markets are China ($189.1M), Sweden ($158.4M), and India ($86.2M). The largest importing market sources from 17 different supplying countries.

The dominant trade corridor is New Zealand → China at $158.2M, representing 83.6% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for wood: coniferous species, of pine (pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm is 12 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $947,852,557 in 2021. Currently 28% below peak.

YearGlobal trade (USD)YoY growth
2015$595,480,120-26.0%
2016$616,727,381+3.6%
2017$515,914,581-16.3%
2018$807,895,305+56.6%
2019$672,846,575-16.7%
2020$588,251,152-12.6%
2021$947,852,557+61.1%
2022$875,996,982-7.6%
2023$701,078,917-20.0%
2024$683,645,724-2.5%

Top exporting countries

Ranked by export value of wood: coniferous species, of pine (pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm in 2024.

View all 91 exporters →

Top importing markets

Largest import destinations for wood: coniferous species, of pine (pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm.

View all 133 markets →

Leading trade corridors

Largest bilateral export flows for wood: coniferous species, of pine (pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is less than 15 cm, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1New ZealandChina$158.2M-25.1%
2NorwaySweden$92.8M+6.8%
3LatviaSweden$31.6M+81.5%
4New ZealandSouth Korea$28.6M-16.5%
5SwedenFinland$22.2M+149.4%
6ArgentinaIndia$22.0M+26.6%
7New ZealandIndia$21.9M+8.7%
8AustraliaIndia$19.6M-19.9%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.