Meranti logs trade by country: top importers, exporters and prices
World trade in meranti logs was worth $61.7 million in 2024, about 4.0 thousand tonnes. That is a fall of 52% since 2017, and down 16% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $61.7M | 4.0K t |
| 2023 | $73.5M | 15.0K t |
| 2022 | $92.7M | 9.3K t |
| 2021 | $97.5M | 14.2K t |
| 2020 | $52.5M | 9.0K t |
| 2019 | $66.8M | 9.7K t |
| 2018 | $88.9M | 17.3K t |
| 2017 | $129.0M | 20.8K t |
Top meranti logs exporting countries
Exports are led by Malaysia (97%), the Netherlands (1%) and Indonesia (1%). 21 countries reported exports, and the top three account for 99%.
| Exporter | Value | Share |
|---|---|---|
| Malaysia | $59.5M | 97% |
| Netherlands | $797K | 1.3% |
| Indonesia | $615K | 1% |
| Poland | $134K | 0.2% |
| South Africa | $116K | 0.2% |
| Germany | $88K | 0.1% |
| United States | $63K | 0.1% |
| Nigeria | $51K | 0.1% |
| Uruguay | $47K | 0.1% |
| Vietnam | $37K | 0.1% |
| Central African Republic | $35K | 0.1% |
| Portugal | $35K | 0.1% |
Top importing countries and buyer markets
The largest importers are India (87%), Japan (4%) and Poland (3%). 52 countries imported it, and the top three take 94% of the value.
| Importer | Value | Share |
|---|---|---|
| India | $53.4M | 87% |
| Japan | $2.2M | 3.5% |
| Poland | $2.1M | 3.4% |
| Taiwan | $984K | 1.6% |
| Singapore | $652K | 1.1% |
| Curaçao | $542K | 0.9% |
| South Africa | $532K | 0.9% |
| Belgium | $223K | 0.4% |
| Mauritius | $190K | 0.3% |
| China | $188K | 0.3% |
| Namibia | $96K | 0.2% |
| Slovakia | $65K | 0.1% |
Average price per kg
The world average declared value was about $15.50 per kg in 2024. Among the main exporters, Malaysia averaged $20.51 per kg and Nigeria $0.29 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Meranti logs (HS 4403.41) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 4403.41: Wood, tropical: as specified in Subheading Note 2 to this Chapter, dark red meranti, light red meranti and meranti bakau, in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated. HS 4403 codes.
Common questions
Which countries export the most meranti logs?
Malaysia exported $59.5 million in 2024, 97% of the world total, followed by the Netherlands (1%) and Indonesia (1%). In all, 21 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most meranti logs?
India imported $53.4 million in 2024, 87% of world imports, ahead of Japan (4%) and Poland (3%). The top three importers together take 94%. Each country with its own page is linked from the table.
How big is the world trade in meranti logs?
It was worth $61.7 million in 2024, about 4.0 thousand tonnes. That is a fall of 52% since 2017. The peak year was 2017 at $129.0 million. 21 countries reported exports and 52 reported imports.
What is the average price of meranti logs per kg?
The world average declared value was about $15.50 per kg in 2024. Among the main exporters, Malaysia averaged $20.51 per kg and Nigeria $0.29 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for meranti logs?
The HS code for meranti logs is subheading 4403.41, in chapter 44 (wood and articles of wood; wood charcoal). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 4403 page.
How can I find meranti logs buyers and suppliers?
EximDataX shows the importers and exporters of meranti logs by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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