Log exports from U.S. to China decreased 34.7% to 910.3 thousand m3 with export value fell 44.6% to $190.9 million. Log exports to Japan declined 11.4% to 441.2 thousand m3 with export value dropped 25.9% to $94.3 million.
The share of Japan in U.S. log exports expanded 5.25 pp to 21.3% due to decrease that of Canada (-6.9 pp) and China (-1.03 pp). The average price for logs exported to China declined 15.2% to $210 per m3 and that to Japan dropped 16.4% to $214 per m3.
U.S. log exports to Korea increased 14.1% to 89.3 thousand m3 with export value was up 1.54% to $14.9 million. Log exports to Vietnam expanded 8.58% to 51.1 thousand m3 with export value jumped 32.5% to $19.8 million.
Total log exports from U.S. in three first months of 2019 fell 33.2% y-o-y to 2.1 million m3 with export value decreased 28.4% to $469.8 million.
