HS Code:
Wood flooring (end-matched) falls under HS Code 4409.29, which includes non-coniferous wood continuously shaped along any of its edges, ends, or faces, whether or not planed, sanded, or end-jointed. This category encompasses a variety of wood flooring products used in residential and commercial construction, valued for their durability, aesthetic appeal, and sustainability. End-matched wood flooring refers to planks that are precisely cut to interlock at the ends, ensuring seamless installation. The global trade of wood flooring is influenced by factors such as raw material availability, manufacturing costs, environmental regulations, and consumer preferences for sustainable and high-quality materials.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 850 million
26.6% of total trade of total trade
Increasing
USD 450 million
14.1% of total trade of total trade
Stable
USD 400 million
12.5% of total trade of total trade
Increasing
USD 300 million
9.4% of total trade of total trade
Decreasing
USD 250 million
7.8% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by India on imported wood flooring)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for sustainable and eco-friendly flooring
Increased preference for certified wood products, boosting trade from countries with strong forestry management practices like Brazil and Indonesia.
2021-2022
Shift toward engineered wood flooring
Growing market for cost-effective and stable engineered wood flooring over solid wood, affecting trade patterns in favor of manufacturing hubs like China.
2020-2022
Impact of supply chain disruptions
Delays and increased shipping costs due to global logistics challenges have led to higher prices and regional sourcing preferences.
2021-2022
The European Union introduced new regulations under the EU Deforestation Regulation (EUDR), requiring proof of deforestation-free supply chains for wood products, including flooring.
June 2023
Exporters from tropical countries like Brazil and Indonesia face higher compliance costs, potentially reducing their market share in the EU if unable to meet requirements.
The United States extended anti-dumping duties on Chinese wood flooring imports, citing unfair pricing practices that harm domestic manufacturers.
March 2023
Trade diversion to other exporters like Vietnam and Indonesia, while Chinese manufacturers explore alternative markets.
Increased adoption of e-commerce platforms for wood flooring trade, driven by post-COVID shifts in buyer behavior and digital marketing by manufacturers.
January 2023
Smaller exporters gain access to global markets, while buyers benefit from greater price transparency and product variety.