The combined export and import value of Chinese forest products like wood and bamboo climbed to $138 billion last year, the state forestry administration (SFA) said on Wednesday [28 January 2015]. The figure represented growth of 9.5 percent from 2013. Total output of the forestry industry reached 5.26 trillion yuan ($858 billion) in 2014, up 11.1 percent…Full Article: China Daily Jan 2015

Key Point

  • Out of the CNY 5.26 trillion, CNY 2 trillion was comprised of bamboo products and commercial forest plantings.

ChinaAg Comments

  • From 2010 to 2013, Chinese (i.e. mainland China, Hong Kong, and Macau) imports of rough timber (HS 4403) rose from 30.8 million cubic meters to 41.3 million cubic meters. In 2013, New Zealand (10.3 million cubic meters) overtook Russia (8.7 million cubic meters) as China’s largest supplier of rough timber. The next largest suppliers were the USA, Papua New Guinea, and Canada.
  • From 2010 to 2013, Chinese (i.e. mainland China, Hong Kong, and Macau) imports of sawn timber (HS 4407) increased from 9.9 million cubic meters to 15.9 million cubic meters. In 2013, Russia was China’s largest supplier at 5.1 million cubic meters. The next largest suppliers were Canada, Thailand, and the USA.

Similar Posts by ChinaAg

Spread the word. Share this post!