February 20, 2019
Volume of US imports of China’s hardwood plywood falls 76%
US imports of hardwood plywood increased in volume by 11% in November but are still down 20% year to date from 2017. Gains were sharp in November from the many countries gaining from cooling US trade with China. Imports from Malaysia and Indonesia were both up nearly 50% for November and are now ahead by around two-thirds for the year to date. Imports of plywood from China, while gaining 4% in November, are down 76% year to date. China, which in 2017 held nearly half of the US import market in hardwood plywood, is now ...
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