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June 4, 2019

US turns to Vietnamese plywood as trade war with China advances

While U.S. imports of hardwood plywood are flat, imports from Vietnam are growing rapidly amid declines in the China trade.  Total plywood imports rose 3% in March to 189,486 cu. metres, while imports from China fell by 39% from February and are less than half that of March 2018.  Imports from China are down 39% year to date.  Imports from Vietnam in the first quarter 2019 are at levels three times that of 2018 and are surpassing that of any other country. Imports from the other largest suppliers, Indonesia and Russia, were ...

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