After a poor 2015 for soft wood lumber imports into China, 2016 has shown an increased demand in this product. Imports were up by nearly a quarter on the previous year’s figures, which is a substantial figure.
So from an exporter’s point of view which countries have been the big winners?
By far and away it is Russia and Europe, each of whom have increases of over 40 percent on last year’s figures. In the case of Russia this is due to the weakness in the Ruble and tariffs on other lumber which has made their soft wood so financially appealing.
The looser in this is the USA who’s exports to China has fallen slightly.