News archive

Tag: export

Indonesian timber exports to China improve despite COVID-19 pandemic

02-07-2020
Indonesia, China, Export, Timber

Even amid the global COVID-19 crisis, Indonesia's wood exports to China have continued to improve. The export value of Indonesia's forest products to China between January to May 2020 reached US$1.143 billion, up 1% compared to the same period last year, reported Indonesian business news portal Kabarbisnis. According to Indroyono …

Slower growth in Vietnam’s wood and wood product exports in April 2020

19-06-2020
Vietnam, wood and wood product, trade, export, import, April 2020

Statistics from Vietnam Customs shows that exports of wood and wood products (W&WP) during April 2020 were worth US$697 million, down by a third compared to March but 19% higher than in April 2019, reported ITTO. April wood product(WP) exports, in particular, fell sharply, dropping around 35% to US$434 million against previous month and by …

Indonesian plywood and furniture exports to US on the increase

18-06-2020
Indonesia, plywood, furniture, exports

Agus Suyono, Head of the Samarinda Agricultural Quarantine Center has reported that plywood export to the US during the first quarter of 2020 earned around Rp5.56 billion. This first quarter performance represents an 8% increase compared to a year earlier, reported ITTO. He also said that exports to China, India, the Philippines, Singapore and …

NZ logging halt undercuts strong export month

27-05-2020
New Zealand, log, export, prices, April 2020

Log exports fell sharply in April 2020 after logging operations were suspended during alert level 4, but average prices per cubic metre picked up, Stats NZ said today. Total exports fell $220 million (4 percent) to $5.3 billion in April 2020 compared with the same month last year. “Total exports would have been worth almost the same as …

Indonesia backed off plans to loosen rules for timber legality

21-05-2020
Indonesia, ministry of trade, legality, timber, forestry, SVLK, exports, EU, vertification

Indonesia has turned back on plans to weaken rules for the timber exports, following warnings that continuing the move would undermine efforts to combat illegal logging and deforestation, reported TTJ. According to Reuters, the changes in timber legality rules put forward by Indonesia's trade ministry earlier this year would have ended …

Vietnam wood and wood product export earnings see 6% growth in first four months of 2020

19-05-2020
Vietnam, wood and wood products, export, earnings, markets, performance, first 4 months, 2020

Vietnam’s coronavirus situation in control After a week with no new corona cases Vietnam's government eased its 22-day social distancing requirement on 23 April allowing some businesses to reopen. Vietnam acted very fast when the virus outbreak was detected in China by closing the border, reported ITTO. With only 288 confirmed corona cases …

Sharp decline in China’s plywood and wood furniture exports; wooden doors rose in output value in 2019

18-05-2020
China, plywood, furniture, wooden doors, exports, 1Q 2020, coronavirus

According to China Customs, in the first quarter of 2020, China’s plywood exports were 1.85 million cubic metres valued at US$787.6 million, a drop of 85% and 82% respectively over the same period in 2019, reported ITTO. The main markets for plywood exports in the first quarter were the Philippines (131,000 cu.m), UK (129,000 cu.m), Japan …

India: Exports in March contracted by 35%

14-05-2020
India, manufacturing, exports, housing, impact, coronavirus, pandemic, lockdown

After 30 days of the 40-day lockdown to control the spread of coronavirus, the two western states of Maharashtra and Gujarat have so far accounted for more than half of the nationwide infections and almost 80% of the fatalities, reported ITTO. Manufacturing at 4-month low While the manufacturing sector was largely unaffected by the impact of …

Vietnam’s exports surge in four months despite pandemic

08-05-2020
Vietnam, trade, import, export, surge, January, April, 2020, wood products, pandemic

According to statistics released by the General Statistics Office (GSO), Vietnam's export value saw a year-on-year increase of nearly 5 per cent to an estimated US$82.94 billion in the first four months of 2020 despite the ongoing pandemic, reported Vietnam News. Domestic companies generated $26.45 billion from exports during the period, an …

Japan’s Forest Agency projects on new housing starts and forestry industry

08-05-2020
Japan, Forestry Agent, new housing starts, log supply, lumber, import, exports,

The Forestry Agency held wood demand projection meeting on March 23. Average new housing starts forecasted by 12 private think tanks are 847,000 units and two think tanks forecasted less than 800,000 units. Major house builders also reported that orders are declining and it is general view that starts of detached unit would continue to be severed …

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Tag: export

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