Publication Details

An Analysis of U.S. Hardwood Log Exports from 1990 to 2021

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Year Published

2022

Publication

Forest Products Journal

Abstract

In 1990, the major destinations for hardwood logs exported by the United Sates were Europe, Canada, and three East Asian markets: Japan, Taiwan, and Korea. From 1990 to 2005, the volume of hardwood logs exported to Canada increased by 402 percent. During this period, another East Asian log market developed, consisting of China, Hong Kong, and Vietnam (CHV). While increased Canadian exports were an apparent result of increased U.S. bilateral trade with Canada, the development of the CHV market was associated with increased U.S. furniture imports from that region. The volume of U.S. log exports worldwide peaked in 2005, and the value of log exports peaked in 2007. Exports to all regions declined in 2009. After 2009, exports to CHV increased and surpassed shipments to Canada in 2014. In the past decade, much of the increase in exports to CHV appears to be the result of demand within China. Recently, these exports have been affected by trade disputes and the COVID-19 pandemic. For most of the study period, the dominant log export species were white oak, red oak, maple, or cherry in terms of value. Since 2018, walnut has become the most important log export species (value basis) as a result of increased shipments to China.

Citation

Luppold, William; Bumgardner, Matthew; Jacobson, Michael. 2022. An Analysis of U.S. Hardwood Log Exports from 1990 to 2021. Forest Products Journal. 72(3): 198-206. https://doi.org/10.13073/FPJ-D-22-00035.

Last updated on: September 12, 2022