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June 6, 2025

Trump’s tariffs ripple into Finnish sawmills – Vietnam market stalls as exports recover elsewhere

After a low point last year, Finnish sawmills have seen a modest recovery in both production and exports of softwood lumber. Yet that growth is now being overshadowed by new waves of geopolitical instability — most recently, U.S. tariffs on Vietnam that have abruptly halted lumber trade there.  Furniture made from Nordic wood is often manufactured in Vietnam for the U.S. market. Now, that trade has come to a standstill.  Over the past 12 months, Finnish sawmills produced around 11 million cubic meters of softwood lumber. Of that, roughly 2 million cubic meters remained in ...

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