In the first two months of 2020 the total export value of US hardwoods to China and Southeast Asia was US$241.5 million, down 7.6% compared to the same period of 2019

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US hardwood exports to China and Southeast Asia down 7.6%

In the first two months of 2020 the total export value of US hardwoods to China and Southeast Asia was US$241.5 million, down 7.6% compared to the same period of 2019,as ITTO reported.

In the first two months of this year the value of hardwood exports to China declined almost 15% year-o-year to US$167 million. On the other hand, US hardwood exports to the Southeast Asian markets showed a promising growth despite the pandemic as export value reached US$74.4 million, up 14% year-on-year with Vietnam accounting for 84% of total hardwood exports.