U.S. Hardwood Imports Grow as World Supplies Expand
Abstract
Rapidly increasing imports have captured a significant share of America's hardwood markets. Total imports of hardwood raw materials and building products are now four times as large as exports. Before World War II the U. S. was a net exporter of hardwoods, and imports were limited to high-quality mahogany and specialty logs and lumber. Availability of large volumes of competitively priced imports has led to a doubling of U. S. consumption of hardwood plywood in the last 10 years. Lumber, principally from tropical areas, comprises an increasing share of the fine hardwood used in furniture and other manufactures. Though not covered specifically by this report, imports of wooden consumer products such as housewares, furniture, and sporting goods have also risen rapidly.