NAICS Code 423310-28 - Lumber-Exporters & Importers (Wholesale)Marketing Level - NAICS 8-Digit
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NAICS Code 423310-28 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423310-28
Parent Code (less specific)
Tools commonly used in the Lumber-Exporters & Importers (Wholesale) industry for day-to-day tasks and operations.
- Moisture meters
- Grading rules
- Tally sticks
- Tape measures
- Chain saws
- Skid steers
Industry Examples of Lumber-Exporters & Importers (Wholesale)
Common products and services typical of NAICS Code 423310-28, illustrating the main business activities and contributions to the market.
- Softwood lumber exports
- Hardwood lumber imports
- Plywood exports to Asia
- Veneer imports from South America
- Wholesale distribution of lumber to Europe
- Export of wood products to China
- Import of lumber from Canada
- Distribution of wood products to Australia
- Export of lumber to the Middle East
- Import of wood products from Africa
Certifications, Compliance and Licenses for NAICS Code 423310-28 - Lumber-Exporters & Importers (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Forest Stewardship Council (FSC) Certification: The FSC certification ensures that the wood products are sourced from responsibly managed forests. The certification is provided by the Forest Stewardship Council.
- Sustainable Forestry Initiative (SFI) Certification: The SFI certification ensures that the wood products are sourced from responsible and sustainable forestry practices. The certification is provided by the Sustainable Forestry Initiative.
- Programme for the Endorsement Of Forest Certification (PEFC) Certification: The PEFC certification ensures that the wood products are sourced from sustainably managed forests. The certification is provided by the Programme for the Endorsement of Forest Certification.
- International Tropical Timber Organization (ITTO) Certification: The ITTO certification ensures that the wood products are sourced from sustainably managed tropical forests. The certification is provided by the International Tropical Timber Organization.
- Rainforest Alliance Certification: The Rainforest Alliance certification ensures that the wood products are sourced from responsibly managed forests that protect wildlife and support local communities. The certification is provided by the Rainforest Alliance.
A concise historical narrative of NAICS Code 423310-28 covering global milestones and recent developments within the United States.
- The Lumber-Exporters & Importers (Wholesale) industry has a long history dating back to the early days of human civilization. The ancient Egyptians, Greeks, and Romans all used wood for construction and furniture. In the Middle Ages, wood was used for shipbuilding, and in the 19th century, it became a primary material for building railroads. In the United States, the industry grew rapidly in the late 19th and early 20th centuries, driven by the expansion of the country's infrastructure and the demand for wood products. In recent years, the industry has faced challenges due to the decline in demand for traditional wood products and the rise of alternative materials. Recent history in the United States has been marked by a number of significant developments in the Lumber-Exporters & Importers (Wholesale) industry. One of the most notable is the increasing use of sustainable forestry practices, which has helped to reduce the environmental impact of the industry. Another important trend has been the growth of the global market for wood products, which has created new opportunities for exporters and importers. In addition, technological advancements have made it easier to transport and process wood products, leading to increased efficiency and productivity. Despite these positive developments, the industry continues to face challenges from changing consumer preferences and the rise of alternative materials.
Future Outlook for Lumber-Exporters & Importers (Wholesale)
The anticipated future trajectory of the NAICS 423310-28 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
Growth Prediction: StableThe future outlook for the Lumber-Exporters & Importers (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for wood products in the construction industry. The rise in construction activities, especially in the residential sector, is expected to drive the demand for lumber and other wood products. Additionally, the growing trend of eco-friendly and sustainable construction practices is expected to boost the demand for wood products. However, the industry may face challenges due to the increasing competition from substitute products such as steel and concrete. The industry players need to focus on innovation and sustainability to stay competitive in the market.
Industry Innovations for NAICS Code 423310-28
Recent groundbreaking advancements and milestones in the Lumber-Exporters & Importers (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Use Of Drones for Forest Management: Drones are being used to monitor and manage forests, which can help in sustainable forest management and reduce the risk of forest fires.
- Development Of Cross-Laminated Timber (CLT): CLT is a sustainable and eco-friendly alternative to concrete and steel in construction. It is made from layers of wood that are glued together, making it strong and durable.
- Use Of Blockchain Technology for Supply Chain Management: Blockchain technology is being used to track the supply chain of wood products, ensuring transparency and sustainability in the industry.
- Development Of Wood-Based Bioplastics: Wood-based bioplastics are being developed as a sustainable alternative to traditional plastics. These bioplastics are biodegradable and can be used in various applications such as packaging and consumer goods.
- Adoption Of Automation and Robotics: Automation and robotics are being adopted in the industry to improve efficiency and reduce labor costs. This technology is being used in various processes such as cutting, grading, and sorting of wood products.
NAICS Code 423310-28 - Lumber-Exporters & Importers (Wholesale)
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