Global exports of American Hardwoods top $3.3 billion in 2015

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Global exports of American Hardwoods top $3.3 billion in 2015

According to the American Hardwood Export Council (AHEC), in 2015 US hardwood products exported including timber, logs, veneers, flooring, hardwood plywood, chips and mouldings amounted to a value of over US $3.3 billion.

Worldwide exports of American hardwood timber alone in 2015 exceeded US $2 billion, with the top destination China accounting for 46.6% of the value of all timber shipments. Southeast Asia imported US $217 million – a further 10.5% placing the greater China and Southeast Asian markets at over 57% of global timber exports from the USA. The long-term trend for timber exports shows growth from under US $1billion in 2009 to over US $2billion in 2015.

The top five species in order of value of exports were Red Oak (25% by volume), White Oak (16%), Ash (10%), Tulipwood (15%) and Walnut (5%) amounting to a total of 71% by volume. Maples, Red Alder, Cherry, Hickory and Birch make up the balance.

Cherry has shown the greatest increase in value, up 15% and up 21% in volume, amounting to US $90.7million on 118,198 m3. 

 

[News URL: http://www.cti-timber.org/content/global-exports-american-hardwoods-top-33-billion-2015]