NEWS

Just how old is the oldest tree in the world - and what species is it?

Answer: A bristlecone pine has endured for 4,852 years.

In January, U.S. imports of hardwood flooring jumped by 25% as imports from China more than doubled. U.S. imports of engineered wood flooring rose by 23%, with imports from Thailand up by more than 50%.

Resource:

Wood Floor Business: U.S. Hardwood Floor Imports Rise 25% in January

In January and February, Vietnam's exports of wood products rocketed to more than $2.4 billion. That's a 51% increase vs. the same period last year. Vietnam ended 2020 with $12.3 billion in wood exports, an increase of nearly 16% vs. 2019.

Resource:

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIV, Issue VI: China's Tale Of Two Countries: Tariffs On Logs From The U.S. Vs. Australia | U.S. Begins Review Of China's Hardwood Plywood & Wood Furniture Producers | A Tale Of Two Markets: U.S. Lumber Imports | The U.S.

China will extend tariff exemptions on U.S. hardwood logs and lumber as well as 64 other U.S. products at least through September 16, 2021. U.S. hardwood logs and lumber were the only agricultural product on this list.

Australia's log exports fell 9.5% in January as the Chinese ban on their log imports continued to impact the industry. The results would have been even lower had it not been for a significant increase in Australia's log shipments to India.