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October 9, 2019

EU tropical wood trade up 16% in H1/2019

The EU’s trade in tropical wood products was more buoyant in the first half of this year compared to the same period in 2018.  Total imports of all wood products (classified in HS Chapter 44) from tropical countries in the first half of 2019 were 1.24 million metric tonnes (MT), 16% more than the same period in 2018. Import value increased 15% to €1.26 billion.  This growth is surprising given that the wider economic situation in the EU has continued to deteriorate this year. In the European Central Bank (ECB)’s latest projections ...

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