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in recent years mainly due to the rising demand for wood from Russia and Indonesia, as the largest and second largest
flooring in Malaysia and Singapore. supplier, fell three percent and eight percent respectively over
In order to promote wood Huzhou Customs took the the same period.
initiative to help enterprises to expand overseas sales, The value of China’s wood products imports from Malaysia,

strengthen communication with enterprises, understand their Poland, Belarus and Myanmar grew 30 percent, nine percent,
export plans and needs in advance and provide personalised 40 percent and seven percent to US$970 million, US$238
customs clearance services. million, US$213 million and US$206 million respectively
Huzhou Customs also strengthened policy guidance and boosting the growth of China’s wood product imports from
training for enterprises, interpreted the preferential policies in the Belt and Road countries.
RCEP, China-ASEAN and other trade agreements in detail and According to China Custom, the value of China’s wood
publicised customs supervision requirements so that enterprises products exports to the Belt and Road countries rose five
can effectively enjoy the benefits of policy decisions. percent to US$17.8 billion between January and September
According to China Customs, the value of China’s wood 2024.

product imports from the Belt and Road countries rose two Over 60 percent of China’s wood products export value
percent to US$14.4 billion between January and September to the Belt and Road countries to the top eight countries
2024. with the export value of wood products exceeding more
Russia, Indonesia, Vietnam and Thailand are the top four than US$1 billion.
countries with import values for wood products exceeding The value of China’s wood products exports to almost all
US$1 billion. Nearly 80 percent of China’s wood products top the Belt and Road countries rose generally from January
imports from the Belt & Road countries are from these top to September 2024. However, the value of China’s wood

four countries. products exports to Philippines fell three percent to US$1.21
The value of China’s wood product imports from Vietnam billion between January and September 2024.
and Thailand rose 12 percent and nine percent respectively China exported mainly paperboard and paper products,
between January and September 2024 contributing to the wood products, wooden furniture and seats to ‘Belt and Road’
growth of the national total wood products imports value countries and the value of these products represented around
from the Belt and Road countries. 95 percent of the national total.
In contrast, the value of China’s wood products imports The value of China’s wood product, wooden furniture and
seats grew six percent and eight percent to US$35.7 billion
Pongasn68 and US$35 billion respectively, making up 20 percent and

19.6 percent of the national total for the period January to
September 2024.

Growth of wood-based panel industry
The development of China's wood-based panel industry in 2023
was generally stable. According to a 2023 statistical report on
China's wood-based panel industry total production capacity

of the wood-based panel sector was about 335 million cubic
metres, up 2.2 percent year-on-year.