Lumber trade has become more global over the past few decades with an increased flow of wood products from forest-rich countries to regions lacking domestic forests to supply the local markets. One good example is Sweden, where lumber manufacturers in recent years have expanded their sales far outside the markets they supplied in the past. Fifteen years ago, almost 80% of the country’s lumber export volume was shipped to markets in Europe. That share has declined to about 55% in the past years (see chart).    The biggest decline in market shares has been in ...