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March 24, 2016

US West coast logs exports up 5.5% in Q4; lumber exports down on low Chinese demand

The latest data summarizing West coast log and lumber exports in the fourth quarter of 2015 were released on Thursday by the U.S. Forest Service’s Pacific Northwest Research Station.
China decreased its West coast log and lumber imports in 2015 as a result of its domestic economic and national restructuring adjustment, but the country remains the leading market for West coast wood products, Xiaoping Zhou said, a research economist at the station. About 59 percent of the West coast’s log exports and 31 percent of its lumber exports went to China in 2015.
According to Zhou, the percentage of West coast log and lumber exports relative to total U.S. exports has decreased in recent years because more exports are coming from other districts, such as New York City and Norfolk, Virginia.
2015 Fourth Quarter Highlights

Volume of West Coast Log and Lumber Exports, 2015 Q4

Current Quarter
(2015 Q4)

Change Compared to Last Quarter (2015 Q3)

Change Compared to Last Year (2014 Q4)

Logs

340 MMBF*

10.9%

5.5%

Lumber

155 MMBF*

2.5%

-8.8%

* Million board feet.
 

Value of West Coast Log and Lumber Exports, 2015 Q4

Current Quarter
(2015 Q4)

Change Compared to Last Quarter (2015 Q3)

Change Compared to Last Year (2014 Q4)

Logs

$231 million

8.6%

-9.6%

Lumber

$115 million

2.5%

-9.7%

 
2015 Annual Highlights

Volume of West Coast Log and Lumber Exports in 2015

Current Year
(2015)

Change Compared to Last Year (2014)

Logs

1,248 MMBF*

-26.8%

Lumber

656 MMBF*

-26.4%

* Million board feet.

Value of West Coast Log and Lumber Exports in 2015

Current Year
(2015)

Change Compared to Last Year (2014)

Logs

$884 million

-32.5%

Lumber

$489 million

-25.5%

 
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