How to Start Wood Export from India: All You Need to Know

Key takeaways: 

• Based on wood export data, the export of wood products from India has grown significantly, rising from USD 246 million in 2013–14 to USD 623 million in 2022–23.

• The top importers of Indian wood are the United States, the United Arab Emirates, the United Kingdom, Saudi Arabia, Sri Lanka, and Nepal. 

• The leading wood exporters in India include Global Wood India Pvt. Ltd., Gupta Timbertrader Private Limited, Starwood Veneers Private Limited, Ashok Industries, and Abishek Exports. 

• The top wood HS codes in India's export market are 4409, 4411, 4421, and 44039990.

• China, Canada, Poland, Germany, the United States, and Austria are the top wood exporting countries.

India has rich forest resources and diverse woodland areas. Its plant life includes tropical hardwood forests, high-altitude coniferous forests, and both deciduous and evergreen forests. This diversity allows India to export a wide variety of wood globally.

In this blog, we will explore the data on wood export from India, wood exporters in India, as well as wood HS codes.

So let's start with the production of wood in India!

How Much Wood is Produced in India?

India produces about 400 tons of sandalwood annually, making iNid the largest sandalwood producer in India.

Apart from that, a wide range of woods is produced in India, such as rosewood, teak, sal, mahogany, deodar, oak, satinwood, and cedar. 

In 2023–2024, India produced around 102 million cubic meters of small-sized wood, valued at approximately INR 482 billion. Additionally, about 37 billion cubic meters of medium- and large-sized timber were produced, worth an estimated INR 359 billion.

The Indian wood market is expected to grow from USD 14.77 billion in 2024 to USD 22.5 billion by 2029, with a compound annual growth rate (CAGR) of 8.78%.

This growth is driven by increasing demand for wood, fueled by the expansion of wood-dependent industries such as construction, paper, and packaging.

How Big is the Wood Industry?

The global wood market, valued at USD 236 million in 2022, is projected to grow at a CAGR of 6.7%, reaching USD 389.6 million by 2029. Similarly, the Indian wood market is forecast to expand from USD 14.77 billion in 2024 to USD 22.5 billion by 2029, with a faster CAGR of 8.78%.

Key Drivers of Wood Market Growth

1. Population Growth: As the global population increases, the demand for wood-based products continues to rise.
2. Economic Development: Growing economies boost purchasing power, driving higher consumption of wood products across various sectors.
3. Innovation and Sustainability Trends: The development of new wood-based products and the shift toward a bioeconomy are increasing wood demand.
4. Industrial Expansion: Industries like packaging, paper, and construction rely heavily on wood, fueling its market growth.

While the rising demand for wood supports market growth, it also poses challenges like deforestation and forest degradation. Meeting this demand sustainably will require the following:

• Planting new forests and restoring degraded land.

• Enhancing wood production through sustainable forestry practices.

• Adopting eco-friendly methods to balance environmental concerns with market needs.

Wood Export Data From India: 2024-25

Between March 2023 and February 2024, wood export from India was done in 517,820 shipments, with 9,562 exporters supplying these products to 31,988 buyers—a 26% increase compared to the previous year.

Based on wood export data, the export of wood products from India has grown significantly, rising from USD 246 million in 2013–14 to USD 623 million in 2022–23. The top three importers of Indian wood are the United States, Germany, and the Netherlands.

Wood exporters in India offer a variety of products, including Acacia, Sandalwood, Teak, Bamboo, Timber, Mango Wood, and Sheesham.

The most commonly used wood HS codes in India's export market are:

• 4409: Wood, including parquet friezes and strips.

• 4411: Fibreboard made from wood or other ligneous material, bonded with resins or organic substances.

• 4421: Miscellaneous wooden articles.

• 44039990: Woodcut, chipped, sliced, or planed longitudinally, thicker than 6 mm, including sanded or joined pieces.

Wood Export From India: Top Categories

Here are the primary kinds of woods exported from India: 

• Acacia: A fine-textured hardwood with straight or wavy grain, ranging from dark mahogany to light amber.

• Timber: Timber export from India include pine timber, hardwood, treated timber, and timber boards.

• Mango Wood: Easy to process, mango wood is popular for furniture-making globally.

• Sheesham: Also called Indian rosewood, this durable wood withstands harsh climates and has a major share of wood export from India. 

• Sandalwood: India, a top exporter, ships small handicraft pieces (up to 50g) due to export restrictions. Licensing is regulated by DGFT.

• Teak: Teak wood export from India include varieties like Ghana, Burma, and Nagpur teak, known for its yellowish-brown texture and grains.

Now, it's time to find out which markets import Indian wood in large quantities!

Top Destinations for Wood Export From India

Here is the list of top markets for the export of wood from India: 

• United States

• United Arab Emirates

• United Kingdom

• Saudi Arabia

• Nepal

• Bangladesh

• Kenya

• Nigeria

• Netherlands

So, these are the top markets for wood export from India. To expand the export of wood products from India, wood exporters in India must optimize these markets fully. 

Additionally, to get more data on these export destinations and more markets for wood export from India, connect with us on Eximpedia.app

10 Major Wood Exporting Countries

Below are the ten global exporters of wood: 

So, these are the prime wood exporting countries. Out of all, China comes at 1st in terms of export of wood, as per wood export data. Moreover, if you want to be part of this profitable venture of wood export from India, connect with us on Eximpedia.app

Major Wood Exporters in India

Below are the top wood exporters in India: 

• Global Wood India Pvt. Ltd

• Gupta Timbertrader Private Limited

• Starwood Veneers Private Limited

• Ashok Industries

• Abishek Exports

• Aks Handikraft

• Sri Laxmi Saw Mill

• Patel Wood Products Private Limited

• Faith Lumber Pvt. Ltd.

• Resha Wood

Thus, these are wood exporters in India. Additionally, get in touch with our platform right now if you're searching for the most recent information on wood export from India including wood export data, wood exporters in India, or wood HS codes. 

Steps to Connect Global Buyers for Wood

There are a few ways to get genuine overseas buyers of wood: 

• Make contact with potential buyers, learn about buyer demand, and promote your wood and its products at global trade shows.

• You can reach a global audience with the use of online resources like Eximpedia, our data-driven platform.

• Wood exporters in India can create competitive analysis reports on exporters, ports, suppliers, and importers using wood export data. 

Additionally, here are the primary documents required for a successful wood export from India: 

• Commercial invoice

• Certificate of origin

• Export license

• Bill of lading

• Shipping bill

• Phytosanitary certificate

• No objection certificate (NOC)

• Letter of credit 

Final Words!

Finding reliable importers for wood export from India requires proper planning and strategies. By using online marketplaces, going to international trade exhibitions, building trustworthy relationships with importers, and abiding by export regulations and quality standards, wood exporters in India can successfully reach global markets.

In addition to reaching potential customers, market research tools such as Eximpedia.app may offer valuable information such as wood export data, wood HS codes, and much more. But if you still have questions about the export of wood products from India, contact our team of experts right now to arrange a free live demonstration.

Frequently Asked Questions

1. Who is the biggest exporter of wood?

China exported wood worth US$ 30.99 Billion in 2023-24, making the nation the most prominent wood exporter in the world. 

2. Which country imports wood from India?

The top importers of wood from India are the United States, the United Arab Emirates, the United Kingdom, Saudi Arabia, Sri Lanka, and Nepal. 

3. Which trees are exported from India?

India primarily exports trees such as sandalwood, teak, acacia, bamboo, mango wood, Sheesham, and eucalyptus; sandalwood is considered the top export, making India a leading exporter of the wide range of woods. 

4. What is the demand for wood in India?

The Indian wood market is expected to grow from USD 14.77 billion in 2024 to USD 22.5 billion by 2029, with a compound annual growth rate (CAGR) of 8.78%. This growth is driven by increasing demand for wood, fueled by the expansion of wood-dependent industries such as construction, paper, and packaging.

5. Which country is best for wood?

The United States is the largest wood producer and consumer of wood worldwide. Additionally, Canada, Russia, and China are leading the wood industry in terms of exports.

6. Which company is best for wood?

The top companies that export wood from India are Global Wood India Pvt. Ltd., Gupta Timbertrader Private Limited, Starwood Veneers Private Limited, Ashok Industries, and Abishek Exports.
 

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