Peruvian wood product exports in the first six months of the year earned $79.3 million, but this was down almost 3% on earnings in the same period in 2014. The decline in earnings from wood product exports is attributed to slowing economic growth in China, Peru’s main market.

木材

Peruvian wood product exports down almost 3% in 1H 2015

Sep 07, 2015. /Lesprom Network/. Peruvian wood product exports in the first six months of the year earned $79.3 million, but this was down almost 3% on earnings in the same period in 2014. The decline in earnings from wood product exports is attributed to slowing economic growth in China, Peru’s main market, ITTO reports.

Shipments to China totalled $28.9 million in the first half of the year a fall of 16%. However, in the same period China accounted for 36% of total timber exports.

After China, the significant markets were Mexico ($15.5 million) and the US ($13.1 million) but purchases of Peru’s wood products by both Mexico and the US declined. Peru’s wood product exports to Mexico dropped 27%.

Other markets included France, Dominican Republic, Belgium, Denmark, Australia, Ecuador, Panama, Chile, Republic of Korea, Bolivia, Netherlands, Puerto Rico, Sweden, Spain, Italy, amongst a total of 55 export destinations for wood products.