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Chinese wood import drastically down

The decline in the Chinese construction sector has not only intensified the fight for ore and coal cargo to China. The import of wood has also declined significantly over the course of the past year.

Photo: Gøteborg Havn
BY JOHANNES HARTKOPF-MIKKELSEN

The value of imported wood to China has declined by 25 percent over the past 12 months, writes Wood Resources International in a press release.

The wood import in November 2015 had a value of USD 498 million. This is 26 percent less than in the same month of the previous year, and practically a 50 percent reduction compared to April 2014, where a provisional record was broken for imported wood worth USD 900 million.

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