HS Code:
Assembled flooring panels, classified under HS Code 4418.79, encompass a range of pre-assembled wooden flooring products, including parquet panels and other similar items used in construction and interior design. These products are valued for their aesthetic appeal, durability, and ease of installation, making them a popular choice for residential and commercial spaces. The category includes panels made from various types of wood, such as oak, maple, and exotic hardwoods, often treated or laminated for enhanced performance.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU internal market or USMCA)
Rising demand for sustainable and eco-friendly flooring solutions
Increased preference for certified wood products, pushing manufacturers to adopt sustainable sourcing practices
2021-2022
Growth in laminate and engineered wood flooring
Shift from solid wood to more cost-effective and durable alternatives, benefiting exporters with advanced manufacturing capabilities
2020-2022
Urbanization and construction boom in emerging markets
Higher demand for flooring panels in Asia-Pacific and Middle Eastern regions, driving export growth for major producers
2019-2022
The European Union introduced new regulations under the EU Deforestation Regulation (EUDR), requiring all wood-based products, including flooring panels, to be sourced from deforestation-free supply chains.
June 2023
Exporters to the EU must invest in traceability systems, potentially increasing costs but also enhancing market access for compliant suppliers.
Ongoing trade disputes have led to additional tariffs on Chinese flooring panels entering the US market, prompting a shift in supply chains toward other Asian countries like Vietnam and Indonesia.
March 2023
Chinese exporters face reduced market share in the US, while alternative suppliers gain opportunities.
Major manufacturers have introduced advanced click-lock systems for flooring panels, reducing installation time and costs, which has boosted demand in DIY markets.
January 2023
Increased competitiveness for companies adopting new technologies, particularly in North American and European markets.