HS Code:
The 'Other, coniferous' category under the Harmonized System (HS) Code typically refers to wood products or timber derived from coniferous trees (e.g., pine, spruce, fir) that do not fall under more specific subcategories like sawn wood or plywood. This category may include items such as wood in rough form, poles, or other miscellaneous coniferous wood products used in construction, furniture, and industrial applications. These products are critical in global trade due to their extensive use in building materials and manufacturing.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.3%
Highest Rate
15% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like NAFTA/USMCA)
Rising demand for sustainable wood products
Increased preference for certified coniferous wood due to environmental regulations and consumer awareness is driving market growth in Europe and North America.
2021-2022
Supply chain disruptions due to geopolitical tensions
Sanctions on Russian timber exports have led to supply shortages in Europe, increasing prices and shifting trade to North American suppliers.
2022
Technological advancements in wood processing
Improved efficiency in processing coniferous wood has reduced waste and lowered costs, boosting competitiveness of Scandinavian exporters.
2020-2022
The European Union has introduced new regulations requiring proof of sustainable sourcing for coniferous wood imports to combat deforestation.
March 2023
This is expected to increase compliance costs for exporters but may benefit countries with established certification systems like Canada and Sweden.
Ongoing negotiations between the US and Canada regarding softwood lumber tariffs have led to temporary reductions in duties, easing trade tensions.
June 2023
This provides short-term relief to Canadian exporters and stabilizes prices in the US construction market.
Russia implemented a near-total ban on raw timber exports to encourage domestic processing, significantly reducing coniferous wood supply to Europe and Asia.
January 2022
This has led to a sharp increase in global prices and a reorientation of trade flows towards alternative suppliers like Finland and Canada.