Reference
·Primary source
Thailand HS 4407-4412 wood product exports (2020-2024)
~USD 1.6B (2024)
Thailand's exports under HS Chapter 44 codes 4407 (sawn wood), 4408 (veneer sheets), 4409 (mouldings), 4410 (particleboard), 4411 (fibreboard/MDF), and 4412 (plywood) totalled approximately USD 1.6 billion in 2024 per the Thai Customs Department. Exports recovered from a 2020 COVID trough of roughly USD 1.2 billion as Chinese, Japanese, and US furniture-component demand normalised. Particleboard (HS 4410) and MDF (HS 4411) together account for roughly 55-60% of the chapter's export value, leveraging Thailand's rubberwood and eucalyptus advantage. China is the largest destination at roughly 30-35% of value, followed by Japan (~15-18%), the United States (~10-12%), and Vietnam (~8-10%).
Figure in context
Thailand's exports under HS Chapter 44 codes 4407 (sawn wood), 4408 (veneer sheets), 4409 (mouldings), 4410 (particleboard), 4411 (fibreboard/MDF), and 4412 (plywood) totalled approximately USD 1.6 billion in 2024 per the Thai Customs Department. Exports recovered from a 2020 COVID trough of roughly USD 1.2 billion as Chinese, Japanese, and US furniture-component demand normalised. Particleboard (HS 4410) and MDF (HS 4411) together account for roughly 55-60% of the chapter's export value, leveraging Thailand's rubberwood and eucalyptus advantage. China is the largest destination at roughly 30-35% of value, followed by Japan (~15-18%), the United States (~10-12%), and Vietnam (~8-10%).
Interpretation notes
What this tells you
Thailand's exports under HS Chapter 44 codes 4407 (sawn wood), 4408 (veneer sheets), 4409 (mouldings), 4410 (particleboard), 4411 (fibreboard/MDF), and 4412 (plywood) totalled approximately USD 1.6 billion in 2024 per the Thai Customs Department. Exports recovered from a 2020 COVID trough of roughly USD 1.2 billion as Chinese, Japanese, and US furniture-component demand normalised. Particleboard (HS 4410) and MDF (HS 4411) together account for roughly 55-60% of the chapter's export value, leveraging Thailand's rubberwood and eucalyptus advantage. China is the largest destination at roughly 30-35% of value, followed by Japan (~15-18%), the United States (~10-12%), and Vietnam (~8-10%).
What not to do with it
Values in USD billion. HS 4407-4412 covers sawn wood, veneer, mouldings, particleboard, fibreboard, and plywood.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand forestry and timber sector revenue (2020-2024)
Forest Industry Organization
Thailand eucalyptus plantation area (2020-2024)
Royal Forest Department
Thailand rubberwood byproduct volume (2020-2024)
Rubber Authority of Thailand
Thailand commercial plantation mix by species (2024)
Royal Forest Department
FIO teak harvest volume
Forest Industry Organization
EU Deforestation Regulation (EUDR) impact on Thai exports
European Commission Regulation 2023/1115; EU Delegation to Thailand; Department of International Trade Promotion
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