About HS Code 440723
This category covers processed teak wood, specifically sawn, chipped, sliced, or peeled, and thicker than 6mm, indicating it has moved beyond the raw log stage into semi-finished or finished timber products. Teak is highly sought after globally for its exceptional durability, natural water resistance, and aesthetic appeal, making it ideal for high-end outdoor furniture, marine applications, decking, and luxury flooring. International trade involves the movement of these processed timber products from primary processing countries to consumer markets. Importers are typically furniture manufacturers, boat builders, construction companies, and specialized timber distributors who value teak's premium qualities. Exporters include countries with teak plantations or advanced processing capabilities, such as Indonesia, India, and various African and Latin American nations. Key considerations include ensuring the legality and sustainability of the timber, especially under stringent regulations like the EU Deforestation Regulation (EUDR) and the EU Timber Regulation (EUTR), and verifying species authenticity to meet market demands and ethical standards.
Products Under This Code
Sawn teak planks, Teak decking boards, Teak boat timber, Planed teak lumber, Teak flooring strips, Teak veneer sheets (thick), Teak structural beams
Real World Examples
Golden Teak decking, Burmese Teak planks, Indonesian Plantation Teak furniture components, African Teak (Iroko) substitutes, Indian Teak flooring
Common Misclassification
This code is often confused with 440342 (rough teak) if the processing is minimal, or with 440729 (other sawn tropical wood) if the species is not precisely identified as teak.
EU Regulatory Requirements
This product category is subject to the EU Deforestation Regulation (EUDR). Importers must provide due diligence statements proving the product was not produced on deforested land after December 31, 2020.
This product is covered by the EU Timber Regulation (EUTR), requiring operators to exercise due diligence to minimize the risk of placing illegally harvested timber on the EU market.
Products Classified Under 4407.23
Industry
This code belongs to the Wood & Wood Products industry.
Trade Overview
China, India, and the EU are major importers, while Indonesia, Myanmar, and various African countries are key exporters of processed teak.
Frequently Asked Questions
What is HS code 440723?
HS code 440723 covers: Wood, tropical; teak, sawn or chipped lengthwise, sliced or peeled, planed, square dressed, structural, thicker than 6mm. This category covers processed teak wood, specifically sawn, chipped, sliced, or peeled, and thicker than 6mm, indicating it has moved beyond the raw log stage into semi-finished or finished timber products. Teak is highly sought after globally for its exceptional durability, natural water resistance, and aesthetic appeal, making it ideal for high-end outdoor furniture, marine applications, decking, and luxury flooring. International trade involves the movement of these processed timber products from primary processing countries to consumer markets. Importers are typically furniture manufacturers, boat builders, construction companies, and specialized timber distributors who value teak's premium qualities. Exporters include countries with teak plantations or advanced processing capabilities, such as Indonesia, India, and various African and Latin American nations. Key considerations include ensuring the legality and sustainability of the timber, especially under stringent regulations like the EU Deforestation Regulation (EUDR) and the EU Timber Regulation (EUTR), and verifying species authenticity to meet market demands and ethical standards.
What products fall under HS code 440723?
Sawn teak planks, Teak decking boards, Teak boat timber, Planed teak lumber, Teak flooring strips, Teak veneer sheets (thick), Teak structural beams
What are common misclassifications for HS code 440723?
This code is often confused with 440342 (rough teak) if the processing is minimal, or with 440729 (other sawn tropical wood) if the species is not precisely identified as teak.
How is HS code 440723 structured?
HS code 440723 is a 6-digit subheading under the Harmonized System. The first 2 digits (44) identify the chapter, digits 3-4 (07) identify the heading, and digits 5-6 (23) specify the subheading. This code is standardized globally by the World Customs Organization.