Chinese Plywood Exports Down 85% YOY in Q1

Sterling, VA, June 5, 2020-China customs reports that the country's exports of plywood in Q1 2020 were 1.85 million cubic meters, plunging 85% versus one year ago, reports the Decorative Hardwoods Association.

The decline is due to lack of demand, the Association notes. 

Now, the three most important markets for China's plywood exports are the Philippines, the United Kingdom and Japan.