China's Plywood Imports Surged

According to data from China Customs, plywood imports in 2024 totalled 793,000 cubic metres valued at US$222 million, surging nearly 170 percent in volume and 8 percent in value over 2023. Russia was the largest supplier of China’s plywood imports in 2024. China’s plywood imports from Russia surged 210 percent to 742,000 cubic metres, accounting for 94 percent of the national total.

Chinese enterprises have built factories in Russia to manufacture plywood and export to China by the China-Europe railway. This is why Chinese imports of Russian plywood continued to rise in 2024. Russian birch plywood is becoming more and more popular among Chinese consumers resulting in large increase in China’s plywood imports from Russia in recent years.

China’s plywood imports from Vietnam and Sweden also surged in 2024. In contrast, China’s plywood imports from Malaysia, Japan and Italy in 2024 fell 12 percent, 19 percent and 22 percent year on year.

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