In the first half of 2025, Canada exported 13.4 million m³ of softwood lumber to the United States. This remains by far the largest single trade flow worldwide, but volumes fell by just over 1 million m³, equivalent to an 8% decline compared to the same period of 2024.  The second-largest flow, Russian exports to China, also contracted. Between January and June 2025, China imported 9.1 million m³ of Russian softwood lumber, down by nearly 900,000 m³ (–9%) year on year. Despite sanctions and logistical constraints, this route continues to account for a major ...