US expands hardwood exports to China

Source:
ITTO/Fordaq
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2016 continues as a record year for US hardwood exports to China. In the first 8 months hardwood exports from the US increased 19% to USS1.082 billion.

The world value of global exports of US hardwood was US$2.361 billion and China and Southeast Asia accounted for 46% and 8% of global exports respectively.

China imported US$785 million in US hardwood sawnwood and US$263 million in hardwood logs.

Red oak continued as the most popular timber accounting for around 40% of all US hardwood exports to China. US ash exports expanded 26% and China’s imports of cherry and walnut also increased in the first eight months of this year.

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