Peruvian wood product exports in May 2018 were valued at $50.8 million FOB, an increase year-on-year of 6.2%, according to the latest data provided by the Association of Exporters (ADEX).
China continues to be the main export market for the wood products sector, but in May the value of exports dropped 14% year-on-year but still accounted for just over 40% of all wood product exports, as ITTO reported.
Mexico was the second largest market accounting for almost 12% of exports and the United States was the third placed market. Exports to the US increased 11% year-on-year in May 2018.
Sawnwood exports in the period January to May 2018 were worth $10 million FOB, up 23% from a year earlier. The main market sawnwood was the Dominican Republic (a 33% share) followed by China (a 23% share). In this same period, Mexico ranked third with an 18% share of exports.
