Product intelligence · HS 440719 · 2024 data

Wood: coniferous species, other than of pine (Pinus spp.) or fir (Abies spp.) or spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm

Global exports of wood: coniferous species, other than of pine (pinus spp.) or fir (abies spp.) or spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm totalled $2,900,707,857 in 2024, a -1.2% change from the previous year. Traded by 139 countries across 1,639 bilateral corridors, with demand from 178 importing markets. The long-term trend is rapid decline.

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

Global trade

$2.9B

-1.2% YoY

3Y / 5Y CAGR

-42.7%

5Y: -17.2%

Supply structure

Concentrated

HHI 0.272

Volatility

Low

Score 21/100

1.

Market movement

In 2024, wood: coniferous species, other than of pine (pinus spp.) or fir (abies spp.) or spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm trade exhibited slight decline, with global flows reaching $2,900,707,857 and a three-year compound annual growth rate of -42.7% (five-year: -17.2%). The all-time peak of $15,391,380,864 was recorded in 2021; the current level is 81% below that high-water mark.

Over the 30-year observation window (19952024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-33.0% acceleration).

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.272). The three largest exporters — Canada ($1.5B), Russia ($334.6M), and United States ($186.4M) — collectively dominate supply flows. The leading exporter has grown at -51.4% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.192). The three largest import markets are United States ($1.2B), China ($346.5M), and Germany ($126.4M). The largest importing market sources from 39 different supplying countries.

The dominant trade corridor is Canada → United States at $1.1B, representing 93.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for wood: coniferous species, other than of pine (pinus spp.) or fir (abies spp.) or spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm is 21 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. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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

Historical evidence

Annual trade value 19952024

Peak: $15,391,380,864 in 2021. Currently 81% below peak.

YearGlobal trade (USD)YoY growth
2015$7,176,577,000-10.5%
2016$8,096,575,924+12.8%
2017$7,089,682,361-12.4%
2018$9,341,079,953+31.8%
2019$7,446,086,258-20.3%
2020$9,161,237,757+23.0%
2021$15,391,380,864+68.0%
2022$4,428,752,495-71.2%
2023$2,935,546,893-33.7%
2024$2,900,707,857-1.2%

Top exporting countries

Ranked by export value of wood: coniferous species, other than of pine (pinus spp.) or fir (abies spp.) or spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm in 2024.

View all 139 exporters →

Top importing markets

Largest import destinations for wood: coniferous species, other than of pine (pinus spp.) or fir (abies spp.) or spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm.

View all 178 markets →

Leading trade corridors

Largest bilateral export flows for wood: coniferous species, other than of pine (pinus spp.) or fir (abies spp.) or spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1CanadaUnited States$1.1B-53.6%
2RussiaChina$268.4M-2.3%
3United StatesCanada$76.2M-21.3%
4LatviaUnited Kingdom$72.6M-20.7%
5CanadaChina$59.7M-40.8%
6FinlandEgypt$58.5M+81.9%
7CanadaJapan$55.7M-55.0%
8AustriaItaly$55.4M+7.1%

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.