News archive

Tag: export

Legal framework for ‘Made-in-Vietnam’ products to curb trade fraud

07-10-2019
Vietnam, origin fraud, exported goods, FTA, Decision No. 824

Vietnam has recently found cases of fraud where foreign enterprises falsely labelled their products as originating in Vietnam. One reason may be to illegally benefit from the free trade agreements (FTAs) the country is a member of and avoid trade defence mechanisms. In Viet Nam New’s interview with Deputy Minister of Industry and Trade Tran …

China’s wood furniture exports to the U.S. fell 18% in the 1H 2019

07-10-2019
China, wood furniture exports, U.S.

As a result of weakening global demand, the value of China’s wooden furniture exports fell 10% to $9.8 billion in the first half of 2019. Of the total, the value of China’s wooden furniture exports to the U.S. was $3.807 billion, a year-on-year decline of 18%, ITTO reported. The proportion of China’s wood furniture exports value …

Malaysia’s timber products export hits RM12.5b (US$2.98 b)

03-10-2019
Malaysia, wood products, exports

Malaysia has exported about RM12.5 billion worth of timber products between January and July this year, said Malaysian Timber Industry Board (MTIB) director-general, Mohd Kheiruddin Mohd Rani. As reported by the Sun Daily, some of the high value-added products exported are wood chips (RM512.3 mil or US$122.6 mil) and wooden frames (RM75.1 mil or …

Vietnam’s forestry exports up 18.6 per cent in first eight months

04-09-2019
Vietnam, export, timber, forestry

Vietnam’s forestry exports in the January-August period reached US$7.08 billion (SGD $9.84 billion), up 18.6 per cent over the same period of 2018, with timber and timber products bringing in US$6.66 billion (SGD $9.26 billion). Key destinations for Vietnamese forestry products stayed the same, including the US, Japan, the EU, China and the …

A complete ban on Russian timber exports to China looks inappropriate, said Head of the Russian Ministry of Industry and Trade

03-09-2019
Russian timber export, illegal logging, China, Denis Manturov, Russian Ministry of Industry and Trade

A complete ban on the sale of Russian timber exports to China looks inappropriate, since illegal logging is an internal problem of the country, said the Head of the Russian Ministry of Industry and Trade Denis Manturov, RIA Novosti reported on 19 August. Manturov was responding to comments made by Dmitry Kobylkin, Russia's minister of natural …

Russia Could Ban Timber Exports to China Over Illegal Logging

27-08-2019
Russia, Timber export, China, Illegal logging

Russia could ban timber exports to China unless Beijing takes action to help mitigate the effects of illegal logging, a Russian government minister said in an interview published Thursday, reported Reuters. Russian authorities this month attributed some of the widespread wildfires across Siberia in recent weeks to arsonists trying to conceal …

Timber prices take a tumble

05-08-2019
timber, New Zealand, export

New Zealand's export price of timber fell by as much as 20 per cent over June due to an oversupply in China, and these aren’t expected to lift in the short term. Specialist research firm IBIS World says the drop in prices is another fallout from the China-US trade war, plus a biosecurity issue in Europe and more timber coming out of South …

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 …

China’s wooden furniture exports in 2018

25-07-2019
China, exports, wood furniture, 2018

The value of China’s wooden furniture exports was US$13.489 billion in 2018, a year on year decline of 2%, reported Global Wood. The US still is the main destination for China’s wooden furniture exports. The top 10 markets accounted for around 75% of all wooden furniture exports. China’s primary wooden furniture export markets …

German Sawmillers Call for Action to Curb Log Exports to China

17-07-2019
Germany, China, Log Exports

Germany’s main sawmilling association has called for customs and tax changes to reduce the high volumes of logs being exported to China. Lars Schmidt, managing director of the Federal Association of the German Sawmilling and Wood Industry (DeSH), also said German log availability was being impacted for nature conservation rules. Data …

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News archive

Tag: export

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