# HS 470311 Chemical Wood Pulp global trade data overview...

Reported global trade in chemical wood pulp, soda or sulphate, (other than dissolving grades), unbleached, of coniferous wood reached $1.4B in 2024, with five-year annual growth of +3.7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $947.3M | +6% | +1.1% |
| 2014 | $1.0B | +10.5% | +0.6% |
| 2015 | $923.4M | -11.8% | +1.1% |
| 2016 | $930.8M | +0.8% | -0.6% |
| 2017 | $1.0B | +10% | -0.7% |
| 2018 | $1.5B | +45.3% | +17.2% |
| 2019 | $1.2B | -21.5% | +7.8% |
| 2020 | $1.1B | -9.5% | +1% |
| 2021 | $1.7B | +58.6% | +4% |
| 2022 | $2.0B | +21.9% | +20.5% |
| 2023 | $1.4B | -29.8% | +10.7% |
| 2024 | $1.4B | -2.3% | -5.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $542.2M | +3.2% | 17 |
| Republic of Korea | $114.8M | +2.1% | 10 |
| Thailand | $93.4M | +3.7% | 13 |
| USA | $83.1M | +0.4% | 5 |
| Germany | $74.4M | +3.7% | 21 |
| Viet Nam | $45.7M | +16.4% | 16 |
| Malaysia | $38.9M | +8.9% | 10 |
| Taiwan | $33.5M | -3.5% | 8 |
| India | $33.4M | +7.3% | 14 |
| Indonesia | $31.5M | -6.8% | 10 |
| Australia | $31.1M | +3.5% | 4 |
| Belgium | $26.7M | +15.5% | 8 |

_Source: reported merchandise trade data. Updated 2026-08-14._