Decline in China’s tropical sawnwood imports in first half of 2019
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Data from China Customs shows that there was a slight rise in sawnwood imports in the first half of 2019.
China’s first half sawnwood imports totalled 18.83 million cubic metres valued at US$4.43 billion, a year on year increase of 4% in volume but an 8% drop in value.
Sawn softwood imports rose but sawn hardwood imports fell
Of total sawnwood imports, sawn softwood imports rose 17% to 14.12 million cubic metres and accounted for 75% of the national total. However, sawn hardwood imports fell 22% to 4.71 million cubic metres.
Of total sawn hardwood imports, tropical sawnwood imports were 2.74 million cubic metres valued at US$1.0 billion, down 22% in volume and down 28% in value.
Tropical sawnwood imports accounted for 15% of the national total.
China’s tropical sawnwood imports from Thailand were 1.784 million cubic metres valued at US$528 million, down 24% in volume and down 31% in value. Tropical sawnwood imports from the Republic of Congo rose 87% in volume and 71% in value in the first half of 2019.
However, China’s tropical sawnwood imports from Vietnam, Indonesia and Malaysia fell sharply by 69%, 51% and 30% respectively.