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April 4, 2017
Global softwood lumber exports reach new record-high in 2016
Global softwood lumber trade increased 12% year-over-year to reach a new record-high of 121 million cu. ft. in 2016. Since the global financial recession in 2009, there has been a steady climb in international trade of lumber, with shipments the past seven years increasing as much as 66%. While it’s no surprise that China is a major driver for the dramatic rise in lumber shipments worldwide the past seven years, it is interesting to note that the U.S. has actually increased softwood lumber imports more than China, according to Wood Resources ...
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