03 September 2007

China posts strong results in wood products trade

According to the latest statistics data from China’s customs agency, China’s wood products trade in the first half of 2007 continued to show dramatic increases. Imports for raw material commodities such as logs, paper pulp, waste paper and wood chips rose dramatically, and wooden furniture imports surged. However, imports for wood-based panel (including plywood, fiberboard and particle board) continued to decline at a higher rate. Despite this trend, four kinds of commodities represented by wooden furniture, paper and paper products, as well as plywood were the leading products exported with export value topping US$11.5 million, making up 78.5％ of the national total. In addition, exports of fiberboard, resin and resin products also increased at a higher rate but exports for raw materials commodities such as sawnwood, wood chips and charcoal showed a marked declining trend.