HS Code:
The 'Other articles of wood' category (HS Code: 4421) encompasses a variety of wooden products not classified under specific headings, including wooden tools, tool handles, broom or brush bodies and handles, boot or shoe lasts and trees, as well as other wooden articles like clothespins, wooden frames, and household items. This category represents a significant segment of the global wood products market, often tied to furniture, construction, and household goods industries. The trade in these products reflects regional craftsmanship, availability of raw materials, and industrial capacity for wood processing.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for sustainable and certified wood products
Increased market access for exporters complying with environmental standards, particularly in the EU and North America, while non-compliant exporters face barriers
2021-2022
Shift towards e-commerce for wooden household items
Boosted trade volumes for small-scale producers and exporters in Asia, especially China and Vietnam, due to direct-to-consumer sales platforms
2020-2022
Supply chain disruptions due to global logistics challenges
Temporary reductions in trade volumes and increased costs for exporters, particularly in Asia-Pacific, due to container shortages and port delays
2021-2022
The EU introduced stricter regulations requiring proof of deforestation-free supply chains for wood products, including those under HS 4421, effective from late 2024.
June 2023
Exporters from tropical wood-producing countries may face higher compliance costs, while certified suppliers could gain competitive advantage.
The United States extended Section 301 tariffs on Chinese wooden articles, citing unfair trade practices, affecting a significant portion of HS 4421 imports.
September 2022
Increased costs for US importers and a potential shift in sourcing to Vietnam and other Southeast Asian countries.
Vietnam launched a national strategy to become a leading global exporter of wood products by 2030, with investments in processing technology and sustainable forestry.
January 2023
Likely to further increase Vietnam’s share in the global trade of other wooden articles, challenging China’s dominance.