26-Nov-2024
Key Highlighs
As per wood export data, wood export from India increased from USD 246 million in 2013–14 to USD 623 million in 2022–23.
The list of types of wood export from India are teak, acacia, bamboo, timber, rosewood (sheepsham) and mangowood.
The top wood exporters in India are Global Wood India Pvt. Ltd, Gupta Timbertrader Private Limited, Starwood Veneers Private Limited, Ashok Industries and Abishek Exports.
Wood is essential when building a house, workplace, or other interior space. Due to the emerging income of people, population growth, and interest of people towards interiors, the overall demand for wood and its related products. While India produces a substantial amount of wood, the majority comes from plantations and agroforestry systems outside of designated forest areas, referred to as "trees outside forests." Also, the Indian wood industry focuses on producing various products including plywood, veneer, furniture, paper pulp, and wooden handicrafts.
Today in this blog, we will explore the insights on wood export from India, worldwide wood export data, HS codes, exporters list and much more.
Here is the list of top global wood producers:
Rank | Wood Producing Countries | Production Volume |
1 | United States | 292.1 million cubic meters |
2 | China | 225.7 million cubic meters |
3 | Russia | 186.7 million cubic meters |
4 | Canada | 166.2 million cubic meters |
5 | Brazil | 78.3 million cubic meters |
6 | Indonesia | 73.0 million cubic meters |
7 | Finland | 72.1 million cubic meters |
8 | Sweden | 70.2 million cubic meters |
9 | Malaysia | 65.1 million cubic meters |
10 | Germany | 47.5 million cubic meters |
About the Production and Demand of Wood in India
Approximately 102 million cubic meters of small-size wood were produced in 2023–2024. It was estimated to be worth approximately INR 482 billion. Approximately 37 billion cubic meters of medium- and large-sized timber were produced. It was estimated to be worth approximately INR 359 billion.
The Indian wood market is projected to reach USD 22.5 billion by 2029, up from an anticipated USD 14.77 billion in 2024, at a compound annual growth rate (CAGR) of 8.78%.
The growing demand for wood, which includes the growth of wood-using industries like construction, paper, and packing, is one of the primary causes.
India wood export data shows that between March 2023 and February 2024 (TTM), India exported 517,820 shipments of wood. In India, 9,562 wood exporters sold these products to 31,988 consumers, a 26% rise from the year before.
Wood export from India increased from USD 246 million in 2013–14 to USD 623 million in 2022–23, according to data on wood exports. Nonetheless, the top three countries to which India exports wood are the US, Germany, and the Netherlands.
Wood exporters in India export a range of wood, such as Acacia, Sandalwood, Teak, Bamboo, Timber, Mango, and Sheesham.
The most popular wood HS codes in the Indian wood export market are listed here:
4409: Wood, comprising parquet friezes and strips
4411: Wood or other ligneous fibreboard, whether or not it is bonded with resins or other organic elements
4421: Other articles of wood
44039990: Wood that has been cut, chipped, sliced, or peeled longitudinally, whether or not it has been enjoined, sanded, or planed, and thicker than 6 mm
Now let's explore the woods with export value!
Here is the list of types of wood export from India with export value:
Teak: Ghana, ivory, Burma, and Nagpur teak are among the different types of teak wood export from India. This wood is yellowish brown with lovely grains and feel.
Acacia: Wood, gum, and herbal extracts are among the acacia goods that India exports. Bowls, decks, flooring, furniture, and other objects are made from acacia wood.
Bamboo: Based on wood export data, in 2023, 10,973,000 kg of bamboo valued at $1,335.72K were exported from India. Bhutan, the United Arab Emirates, Sri Lanka, the United Kingdom, and Germany are among the nations India exports bamboo.
Timber: It is a general term that refers to any type of wood that is used to construct homes and create furniture. Timber export from India were worth $880 million in 2022-2023.
Rosewood (Sheesham): Shisham, also known as North India Rosewood (Dalbergia Sissoo), is subject to export regulations in India that the CITES has loosened. Rosewood export from India in 2023–2024 was $18,109,695.
Mangowood: Its ease of cutting, shaping, and carving is the main reason for the global demand for mango wool. It is a beautiful choice for outdoor furniture because it is also water-resistant.
Camphor: Also referred to as Kapur wood, camphor wood is a sturdy wood that is utilized in building and to create finishing touches like stairways and floors. When newly cut, it has a camphor-like odor.
Sandalwood: India is the world's largest exporter of sandalwood, also known as Chandan. However, Sandalwood export from India is prohibited, except for handcrafted sandalwood items weighing up to 50 g. The requirements and steps for acquiring a sandalwood export license are outlined in the DGFT.
Agarwood: In April 2024, CITES announced a new quota for agarwood export from India. The quota was set at 7,050 kg/year for agarwood oil and 1,51,080 kg/year for agarwood chips and powder/sawdust.
Now explore the Indian wood importing countries!
Also Read: Furniture Import Trends in India: A Comprehensive Guide in 2024
Here is the list of top export markets for Indian wood:
Rank | Top Importers of Indian Wood | Wood Export Data (Export Value in USD) |
1 | United States | $524.89 Million |
2 | United Arab Emirates | $211.27 Million |
3 | United Kingdom | $185.17 Million |
4 | Saudi Arabia | $170.96 Million |
5 | Sri Lanka | $163.41 Million |
6 | Nepal | $147.87 Million |
7 | Bangladesh | $109.37 Million |
8 | Kenya | $103.28 Million |
9 | Nigeria | $91.61 Million |
10 | Netherlands | $82.37 Million |
So, these are the top markets for wood export from India. These are the nations that have high demand for different types of wood. To expand wood export from India, wood exporters in India must optimize these markets fully.
Additionally, to get more data on these export destinations and more Indian wood export markets, connect with us on Exportimportdata.in
Here are the ten overseas exporters of wood:
Top Rank | Wood Exporting Countries | Export Value |
1 | China | US$ 30.99 Billion |
2 | Canada | US$ 26.55 Billion |
3 | Poland | US$ 22.85 Billion |
4 | Germany | US$ 21.11 Billion |
5 | United States | US$ 18.20 Billion |
6 | Austria | US$ 10.05 Billion |
7 | Sweden | US$ 8.40 Billion |
8 | Indonesia | US$ 7.49 Billion |
9 | Thailand | US$ 6.32 Billion |
10 | Finland | US$ 5.87 Billion |
So, all of these are the top 10 wood exporting countries. Also, if you require the most recent data on wood export from India, wood exporters in India, or wood export data from India, connect with the Exportimportdata.in’s platform and get the most recent wood HS codes or wood exporter's details instantly.
Now, explore the top wood exporters from India or wood export companies in India!
Here is the list of top exporters of wood from India:
Global Wood India Pvt. Ltd
Gupta Timbertrader Private Limited
Starwood Veneers Private Limited
Ashok Industries
Abishek Exports
Aks Handikraft
Sri Laxmi Saw Mill
Patel Wood Products Private Limited
Faith Lumber Pvt. Ltd.
Resha Wood
Thus, the biggest exporter of wood from India is Global Wood India Pvt. Ltd. India is the 14th largest exporter of wood. The aforementioned wood exporters in India are just a small number of manufacturers and suppliers meeting the rising demand for Indian wood worldwide. Explore wood export data at our well-known dashboard, Exportimportdata.in, to obtain a comprehensive list of Indian wood exporters and suppliers or list of wood export from India.
Every wood export business needs to locate trustworthy foreign buyers. To contact buyers, you might experiment with several platforms.
You can find active importers of wood by using wood export data on our dashboard.
Exportimportdata. in is the foremost platform to analyze wood export data, locating brass buyers & suppliers globally.
It is an organization that offers trustworthy, current, and authentic information on international trade for more than 100 countries, along with import-export statistics.
Wind up!
In summary, companies looking to get into the global wood market will find exciting opportunities in exporting wood from India. Woods in high demand worldwide include sandalwood, Sheesham, teak, and mango.
The industry of wood export from India is flourishing because of its wide range of wood options and stronger international trade ties.
However, whether you need up-to-date wood export data from India or the wood HS Codes, our team of experts will help you grasp the current market and trends; book your free live demo today!
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Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
Wood export from India increased from USD 246 million in 2013–14 to USD 623 million in India exports wood are the US, Germany, and the Netherlands.
China is the biggest exporter of wood. It exported wood worth US$ 30.99 Billion in 2023-24. Other top wood-exporting countries include Canada, Poland, Germany, the United States, and Austria.
The top Indian wood-importing countries include the United States, the United Arab Emirates, the United Kingdom, Saudi Arabia, Sri Lanka, Nepal, and Bangladesh.
The wood HS code is 4409. Other top HS codes related to wood and its products are 4411, 4421, and 44039990.
Export License, Commercial Invoice, Packing List, Bill of Lading, Certificate of Origin, Quality Control Certificates, Phytosanitary Certificate, Customs Declaration, and Insurance Certificate are required for wood export from India.