The total value of China’s forest products trade in 2015 was $140 billion, a year-on-year decline of 1%, accounting for 3.1% of the total national commodity trade value, ITTO reported.
The value of forest product exports amounted to $75.3 billion with a year-on-year increase of 4% thus, making up 3.3% of the total national commodity trade value.
For forest products imports, value came to $64.7 billion with a year-on-year decline of 6%, accounting for 3.85% of total national commodity trade value.
The trade surplus in forest products in 2015 soared over 200% to $10.6 billion while the balance of trade surplus for forest products trade in 2014 was $3.4 billion.
The output value of China’s wood products sector in 2015 fell 2% to $104.7 billion, accounting for 75% of the total value of national forest products trade.
Of the total, the value of wood product exports rose 3% to $61.4 billion, making up 82% of the value of national forest products export, unchanged from last year.