global softwood lumber trade Q1 2024.jpg

Softwood lumber trade flows in Q1 2024 © Holzkurier

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Slight year-on-year decrease in global trade

Article by Martina Nöstler (translated by Eva Guzely) | 19.06.2024 - 08:22

In the first quarter, the 15 biggest global supplying countries exported a total of 25.7 million m³ of softwood lumber. This corresponds to a year-on-year decrease of 2%, as figures published by the national statistical offices show. In the first three months of 2022, nearly 30 million m³ were exported. So far this year, Canada has been the number one exporter with a trade volume of 8.1 million m³ and an 8% increase compared to the first quarter of 2023.

Russia ranks second and saw its exports decrease by 3% to 4.27 million m³. Sweden’s softwood lumber exports were down by 13% and totaled only 3.38 million m³. Finland recorded the sharpest relative decrease compared to the first three months of 2023, i.e. -24% to 1.6 million m³. Latvia, on the other hand, saw the biggest increase of +28% to 738,000 m³.

Global foreign trade | Q1 2024
Table of softwood lumber trade flows from the 15 biggest exporting countries to the 15 biggest importing countries as well as to the MENA region (volumes in 1,000 m³). National statistics on lumber exports were used as sources (as of June 2024). 
Vertical: 15 biggest exporting countries / Horizontal: 15 biggest importing countries
Country Total Diff. 1–3 2023/2024 Diff. in % USA China Great Britain Italy Japan Germany Egypt Netherlands Mexico France Uzbekistan Austria Belgium Saudi Arabia South Korea Other countries MENA region
Canada 8,124 586 8 7,192 383 4 0.4 266 18 3 3 19 0.4 0 0 4 7 12 211 22
Russia 4,273 –154 –3 1 2,713 0 0 116 0 n/s 0 n/s 0 343 0 0 n/s 66 n/s n/s
Sweden 3,382 –528 –13 302 108 656 18 200 212 356 266 0 107 0 14 78 73 33 960 634
Germany 2,326 –277 –11 555 145 89 150 40 5 177 3 193 0 222 170 16 23 539 99
Finland 1,605 –493 –24 16 141 127 43 139 89 228 56 1 88 0 34 24 53 3 566 443
Austria 1,405 61 5 20 13 13 684 48 168 2 4 0.1 24 0 0.4 42 5 380 212
USA 770 36 5 33 3 3 22 2 6 3 259 2 0 0 1 1 4 433 13
Latvia 738 161 28 46 10 207 5 19 72 44 34 0.1 25 0 4 21 1 27 222 56
Chile 609 31 5 36 95 0.2 0.1 68 0 0 1 85 0 0 0 0 56 65 202 88
Brazil 570 –6 –1 189 65 0 0 0 0 1 0.2 152 1 0 0 0.1 34 0.3 128 64
Belarus 504 78 18 0 267 0 0 0 0 n/s 0 n/s 0 72 0 0 n/s 1 165 n/s
Czech Republic 447 –36 –7 21 7 10 65 25 104 0 3 0 3 0 93 1 1 4 111 2
Ukraine 381 –24 –6 0 0.1 0.1 33 1 24 0 12 0 1 0 1 11 0.4 1 297 7
Romania 309 48 18 25 15 1 9 51 20 1 1 0 0 0 9 0 0 1 176 128
New Zealand 267 –25 –9 41 33 1 0 7 0 0 6 0.4 0 0 0 0.2 10 23 145 14
Total 25,711 –540 –2 8,442 4,028 1,111 1,009 1,001 709 646 566 518 445 415 378 310 294 268 4,537 1,782