U.S. Imports Of Hardwood & Decorative Plywood Fall

The most recent data shows that U.S. imports of hardwood and decorative plywood are down by more than 36% in volume and 23% in value for the first four months of this year. Imports from Indonesia, Vietnam, and China declined by nearly 70%, 61%, and 66%, respectively. During the same period, imports from Malaysia and Cambodia surged by 175% and 650%.

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DHA eNews – U.S. Imports Of Hardwood & Decorative Plywood Fall

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIX, Issue XII: U.S. Imports Of Hardwood & Decorative Plywood Fall | USTR Calls EUDR A Non-Tariff Trade Barrier | U.S. Strengthens Trade Enforcement | DHA Launches New Where To Buy Membership Directory

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USTR Announces New 301 Duties

On June 2, the Office of the U.S. Trade Representative announced its findings and proposed remedies for countries that fail to prevent imports of products made with forced labor under Section 301 of the Trade Act of 1974. According to the USTR, 6 economies, including Canada, Mexico, the EU, and Indonesia, have failed to effectively enforce prohibitions on imports of goods produced with forced labor, resulting in a 10% proposed tariff.

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Wood Trivia: Test Your Knowledge

How many species of trees are endangered in the U.S.? What hardwood species do these include?

Answer: Approximately 135 native tree species are endangered in the U.S. About 120 of these are hardwoods, including the American chestnut and American elm. 

Read More: State Foresters Endangered Species Day 

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Wood Products Manufacturing Lags

While total U.S. manufacturing activity grew in April for the fourth consecutive month, the wood products sector fell behind again. The wood products industry is one of three industries still shrinking, reporting declines in new orders, production, inventory, imports, and employment.

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