Value of British Columbia Exports Fall 6.4% When Compared to 2018

According to B.C. Statistics, exports originating from British Columbia dropped 6.4% in value in 2019, when compared to 2018. Slumping exports of various wood products accounted for a significant drop in provincial exports in 2019 compared to 2018. Led by a 25.7% decline in softwood lumber exports, the result of U.S. tariffs and falling demand. There was also a 20% drop in the value of shipments of pulp and paper products.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.