News archive

Tag: trade

Tight timber and panel product supply conditions to continue into 2021: Timber Trade Federation

14-12-2020
United Kingdom, trade, export, import, supply

The very challenging situation for the timber supply chain in 2020, affected by pandemic-related issues and massive changes in market dynamics, and exacerbated by high levels of global demand for timber and wood products, is setting the scene for continuing tight timber supply conditions certainly into Q2 2021, if not longer, warns the Timber …

Brazil: Wood-based product exports rise 32% in October 2020

09-12-2020
Brazil, exports, trade, wood products

The International Tropical Timber Organization (ITTO) has reported that in October 2020, the value of Brazilian exports of wood-based products (except pulp and paper) increased 32% compared to October 2019, from US$222.6 million to US$293.7 million. The value of October pine sawnwood exports increased 29% year-on-year from US$36.6 million in 2019 …

China: Furniture exports from Harbin City recover

08-12-2020
China, furniture, exports, trade

Because of the COVID-19 pandemic, furniture exporters have seen many overseas orders cancelled and enterprises in Harbin City, Heilongjiang Province, have slowed production. However, the rise of work-from-home culture in many countries has created demand for furniture suited to this work style. Manufacturers in Harbin City were quick to link …

Malaysia: Sarawak "Timber Master Plan" in the making

03-12-2020
Malaysia, Sarawak, timber trade

Sarawak’s Deputy Chief Minister, Awang Tengah Ali Hasan, has indicated that a Timber Industry Master Plan will be released to chart the direction of the timber industry, reports the International Tropical Timber Organization (ITTO). The Master Plan envisages that timber industries in the Malaysian state will achieve export earnings of RM8 …

Timber Trade Federation and TRADA announce merger

18-11-2020
TTF, Timber Trade Federation, TRADA, merger, MoU

The Governing Boards of the Timber Trade Federation (TTF) and the Timber Research and Development Association (TRADA) have announced the signing of a Memorandum of Understanding (MoU) to align the strategies and activities of each organisation with a view toward a merger of the two organisations. The MoU was signed on 6 October 2020 and work has …