NEWS

U.S. imports of tropical hardwood veneer were essentially flat from June to July, increasing by less than 1%. Imports in July 2026 reached almost $3.55 million, 14% higher than in July 2025.

Read More: US and Canada Timber and Wood Product Price and Market Report →

From January through July, the total volume of U.S. imports of hardwood plywood fell by 31% vs. last year and value fell by 20%. In the month of July, however, the value of imports rose by 2% to $157.3 million, the highest level since January, as volume fell by 9%. The volume of imports from Indonesia and Vietnam dropped by more than 50% so far this year.

PHOTO © JERRY GLASER USCBP

On September 14, the U.S. Fish and Wildlife Service and National Marine Fisheries Service rescinded the regulatory definition of "harm," which is a significant change in how the Endangered Species Act will be implemented. Under the new guidance, a prohibited "take" now requires action intentionally directed at a particular living animal - not a population, future occupants, or unoccupied habitat.

After Chinese President Xi's recent visit and the establishment of the U.S.-China Board of Trade to manage trade of non-sensitive products, the Trump administration announced that a wide range of U.S. wood products may qualify for reduced trade barriers. These products include hardwood logs, lumber, and more.

PHOTO © DANIEL TOROK

As the EU and Canada explore ways to deepen their relationship, the Canadian government seeks to revisit how the EU Deforestation Regulation (EUDR) applies to Canadian businesses. Canada's ambassador is arguing for a "carveout that said you don't have to put in place all of these burdensome requirements" for low-risk countries.