Market report
Greater China, SE Asia - August market-report
Date
August 15, 2019
Office
China and Southeast Asia
Against the worsening trade tensions between U.S. and China, the overall value of hardwood exports to South East Asia & the Greater China market was $907.6 million, down 31.7% compared to the first half of last year. The hardwood export value to Greater China fell 39% (YoY) to $705.6 million. On the other hand, Southeast Asia markets increased 17.1% (YoY) to $202 million with Vietnam accounting for 81% of that total ($163.6 million in Vietnam, up 23% YoY).
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