News archive

Tag: imports

India government may impose curbs on furniture imports to bolster local manufacturing

04-02-2020
India, curbs, furniture imports, China, domestic manufacturing, Department for Promotion of Industry and Internal Trade

The government is likely to impose restrictions on furniture imports in bid to boost domestic manufacturing and reduce inbound shipments of non-essential items, an official said. The Department for Promotion of Industry and Internal Trade has suggested to its commerce counterpart to put the restrictions, reported Business Standard from New …

China now increasing softwood logs from Europe and New Zealand

14-01-2020
softwood log, China, Europe, New Zealand, North America, Russia, imports, export, trade, Uruguay

Europe has rapidly become a major supplier of softwood logs to China, while Russia and North America have lost market shares in 2019, reports the Wood Resource Quarterly (WRQ). China is increasing importation of logs from New Zealand and Europe, while diminishing imports from North America and Russia. As a region, Europe is now the second largest …

Analysis of China’s trade with the EU and VPA countries 2007-2017

13-01-2020
China, trade, EU, VPA, FLEGT, imports, exports, sawnwood, logs semi-processed wood products

The EU FLEGT Facility has issued a briefing note summarising an analysis of China’s trade with the European Union (EU) and Voluntary Partnership Agreement (VPA) countries on Forest Law Enforcement, Governance and Trade from 2007 to 2017. The analysis is reviewed in a report on ‘China’s Trade of Wood Products with EU, EU Member …

Vietnam’s exports and imports continue to grow

27-11-2019
VIetnam, wood, wood products, exports, imports

Vietnam exported wood and wood products valued at US$995 million in October 2019, bringing the total export value in the first ten months of 2019 to US$ 8.52 billion, up by 17.8% compared with the same period in 2018, reported ITTO. Combined, the US, China, Japan and the Republic of Korea accounted for 80.6% of the total export value in the first …

Decline in China’s tropical sawnwood imports in first half of 2019

09-10-2019
China, sawnwood, imports, first half of 2019, tropical sawnwood, softwood, hardwood

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 …

Indonesia failed to take advantage of trade war and expand market share on U.S. furniture imports

03-09-2019
Indonesia, expand market share, U.S. furniture imports

Indonesian furniture producers are unable to take advantage of the trade war between the U.S. and China and expand market share in the U.S.. Based on data from the Indonesian Centre for Reform of Economics (CORE) in April 2018, when the U.S. Government began imposing tariffs on Chinese products, the furniture market share of China in the US was 48 …

U.S. slaps duties on $4.4 Billion of Cabinet Imports from China

02-09-2019
Wood cabinet, wood, vanities, imports, China, duties, American Kitchen Cabinet Alliance, unfair trade

$4.4 billion worth of imported cabinets is the next item to join the long list of Chinese goods slapped with U.S. levies in the U.S.- China trade dispute, reported Bloomberg. The Commerce Department said on 6 August that  it will ask the U.S. Customs and Border Protection to collect cash deposits from importers of the wooden cabinets and …

Russia could swamp Australasian markets with high grade timber

01-08-2019
timber, exports, imports, Russia

Russia is emerging as a major timber exporter that could potentially swamp markets in Australia and New Zealand, a forestry conference has been told. Dennis Nielson, director of NZ-based consultancy DANA, said Russia as a country was overwhelming in its scale, with a forestry industry to match. Mr Nielson, who has written a 500-page report on …

U.S. import of wooden furniture catches up

25-07-2019
U.S. imports, 2018, wooden furniture

The volume of U.S. imports of wooden furniture grew by 17% in May, surging ahead of 2018 year to date for the first time this year. Imports from China, Vietnam, Malaysia and Mexico all rose by more than 10%. Year to date, imports from Vietnam and Malaysia are up 29% and 13% respectively, reported Global Wood. The results of the Smith Leonard …

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