Brazilian Exports of Wood-Based Products Increase 22% Year-Over-Year in November 2020

According to the International Tropical Timber Organization (ITTO) the value of Brazilian exports of wood-based products (except pulp and paper) in November 2020 amounted to $299.3 million (USD), an increase of 22% when compared to November 2019 (when the value was $245.1 million USD). Pine sawnwood exports increased in value 21% year-over-year to $47.2 million (USD) up from $39.0 million (USD) in November 2019. Pine plywood exports saw a 78% jump in value in November 2020 up to $64.1 million (USD) compared to $36.0 million in November 2019. In volume terms, exports increased 41% over the same period, from 160,700 cu.m to 226,400 cu.m. Wood-based panel exports to China increased in 2020. Fiberboard and particleboard exports showed some growth in 2020, increasing 1.5% compared to 2019. However, for the two largest consumers among the 155 countries that purchased wood-based panels from Brazil, the United States and China, there was an increase in exports. Exports to China increased 51%, while sales to the United States increased 24%.