HS Code:
The 'Other Cedar' category (HS Code: 4407.29) refers to sawn or chipped wood of cedar species other than those specifically classified under different HS codes. This includes various types of cedar wood used primarily in construction, furniture making, and other industrial applications. Cedar is valued for its durability, resistance to rot, and aromatic properties, making it a sought-after material in global markets, particularly for premium outdoor and interior applications.
Total Trade Volume
USD 250 million
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA)
Rising demand for sustainable materials
Increased preference for certified cedar wood, pushing exporters to adopt sustainable forestry practices
2021-2022
Growth in construction sector
Higher demand for cedar in residential and commercial construction, particularly in North America and Europe
2020-2022
Fluctuating supply due to climate change
Erratic weather patterns affecting cedar production in key regions, leading to price volatility
2019-2022
The European Union introduced stricter regulations requiring proof of sustainable sourcing for cedar imports to combat deforestation.
January 2023
Exporters to the EU must comply with enhanced certification processes, potentially increasing costs but also ensuring market access for compliant suppliers.
An amendment to the USMCA agreement reduced tariffs on cedar products traded between Canada and the US to promote bilateral trade.
March 2022
Boosted cedar exports from Canada to the US, strengthening North American supply chains.
Japan announced a temporary reduction in cedar wood imports due to domestic oversupply and policy focus on local timber.
September 2022
Reduced export opportunities for cedar-producing countries targeting the Japanese market, prompting diversification efforts.