Brazilian Exports of Wood-Based Products Increased 30.5% Year-Over-Year in February 2021

According to the International Tropical Timber Organization (ITTO), the value of Brazilian exports of wood-based products (except pulp and paper) in February 2021 amounted to $282.0 million (USD), an increase of 30.5% when compared to February 2020, when they were valued at $216.1 million USD. Pine sawnwood exports increased in value 16% year-over-year to $46.22 million (USD) up from $38.8 million (USD). Pine plywood exports saw a surge of 75% in value in February 2021 in comparison with February 2020, from US$36.1 million to US$63.3 million. In volume terms, exports increased 17% over the same period, from 165,000 cu.m to 194,500 cu.m. Of note is the continuing growth of exported Brazilian wooden furniture Wooden furniture export earnings increased from US$43.3 million in February 2020 to US$55.1 million in February 2021, a 27% year on year increase. In January 2021, there was a significant increase in wooden furniture trade with buyers from the United States (57%), Chile (169%), Peru (85%) and Puerto Rico (178%).