China wood trade update
Wednesday 23 May 2018Declining wood products trade between China and the USA
- According to the data from China’s Customs the value of wood products trade between China and the USA fell 16% to US$1,90 million in March 2018. China’s imports dropped 5% to US$840 million while exports declined 23% to US$1,050 million. However, the value of wood products trade between China and the USA in the first three months of 2018 rose about 9% to US$6.26 billion, China’s imports increased about 6% to US$2.28 billion while exports value grew 10% to US$3.98 billion.
Log and sawnwood imports - China’s log imports from the USA in the first three months of 2018 totalled 1.41 million cubic metres, a year on year increase of 7% over the same period of 2017. China’s sawnwood imports from the USA in the first three months of 2018 rose 5% to 709,600 cubic metres.
Exports fibreboard and plywood - China’s fibreboard exports to the USA fell 11% to 71,200 cubic metres and plywood exports to the USA dropped 31% to 360,000 cubic metres in the first three months of 2018.
Our biennial FIEA transport and logistics technology conference, WoodFlow Logistics 2018 is running in Melbourne on 20-21 June with two free workshops for event delegates running on the afternoon of Tuesday 19 June. Full details can be found on www.woodflow.events.
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