Lumber imports to Japan from Russia expanded 12.9% y-o-y in second quarter of 2019 to 250.0 thousand m3 with import value jumped 13.5% to $90.7 million, according to Customs and Tariff Bureau of Japan.

Lumber

Japan increases lumber imports from Russia by reducing that from Canada and Finland in 2Q 2019

Lumber imports to Japan from Russia expanded 12.9% y-o-y in second quarter of 2019 to 250.0 thousand m3 with import value jumped 13.5% to $90.7 million, according to Customs and Tariff Bureau of Japan. Canada’s lumber exports to Japan declined 25.2% to 381.4 thousand m3, export value fell 32.4% to $146.6 million. Share of Canada in Japan lumber imports slid 7.10 pp to 24.5% while share of Russia gained 2.34 pp to 16.1%.

In second quarter of 2019, lumber exports from Finland to Japan dropped 9.64% to 225.4 thousand m3 with export value decreased 14.3% to $66.8 million.

Total lumber imports to Japan contracted 3.52% to 1.6 million m3, import value was down 8.32% to $576.4 million.