News archive

Tag: imports

U.S. import of tropical hardwood veneer, hardwood flooring and mouldings rose in March

21-05-2020
hardwood tropical veneer, hardwood flooring, moulding, U.S., imports, March 2020

A surge in imports from Italy helped U.S. imports of tropical hardwood veneer recover from a dismal February as March imports rose by 56%. Despite the gain, the month’s imports still lagged behind March 2019 import levels by over 30%, reported ITTO. Imports from Italy more than quadrupled in March and imports from Cote d’Ivoire more …

U.S. sawn tropical hardwood imports rise

20-05-2020
U.S., sawn tropical wood, imports

U.S. imports of sawn tropical hardwood recovered somewhat in March, growing by 28% from February’s record low. The 12,950 cubic metres imported is more than one-third less than that of March 2019, reported ITTO. Through the first quarter of 2020, imports are down 42% year to date. Imports from Ecuador fell by 14% in March and are down 74% …

China sees rise in sawnwood imports but not tropical sawnwood in 2019

06-04-2020
China, sawnwood, softwood, hardwood, markets, prices, volume, 2019, imports

According to data from China’s Customs, 2019 sawnwood imports totalled 38.11 million cubic metres valued at US$8.591 billion, a year on year increase of 4% in volume but a decline of 15% in value, reported ITTO. Of total sawnwood imports, sawn softwood imports rose 15% to 28.62 million cubic metres accounting for 57% of the national total, …

Vietnam’s wood product manfacturers need to restructure production

27-03-2020
Vietnam, wood and wood products, manufacturers, exports, imports, trade, impact, restructure, COVID-19, coronavirus

Vietnam’s wood processing enterprises will need to continue reorganising their production and business activities to manage challenges during the novel coronavirus (COVID-19) pandemic, said the Ministry of Agriculture and Rural Development (MARD). According to Vietnam News, the restructuring would help enterprises transit to production and …

Lanzhou City – the logistics centre for Russian timber

18-03-2020
Lanzhou city, Gansu Province, China, logistic centre, Russian timber, imports, exports, trade, ChinaEurope Express railway, distribution, Lanzhou New Industrial Zone

Russian timber will be distributed to all parts of China after arriving via the ChinaEurope express railway terminal in Lanzhou City, Gansu Province, reported ITTO. This, say analysts, will promote the wood processing industry and strengthen the supply chain for imported timber from the Western Region. The Lanzhou New Industrial Zone is a major …

Department of Commerce slaps duties on Chinese cabinet imports

18-03-2020
U.S. Department of Commerce, anti-dumping duty, AD, countervailing duty, CVD, imports, wooden cabinets, vanities, China

In February this year, the U.S. Department of Commerce announced affirmative final determinations in the anti-dumping duty (AD) and countervailing duty (CVD) investigations of imports of wooden cabinets and vanities from China, reported ITTO. The petitioner in this case is the American Kitchen Cabinet Alliance. Commerce determined that producers …

Recovery in EU wood imports continues in 2019

06-03-2020
EU imports, 2019, review, recovery, Brexit, coronavirus

The total value of EU imports of wood products was 20.51 billion euro in 2019, a 4% increase as compared to 2018. In 2019, EU import value also hit the highest level since 2008 just before the global financial crises (Chart 1), reports ITTO. The rise in imports into the EU occurred despite unfavourable exchange rates and weakening economic …

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 …

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