Lumber © Martina Nöstler

Increasing timber import volume from Europe to the US expected

Article by Birgit Steininger translated by Susanne Höfler | 04.05.2017 - 16:24

The import duties on Canadian timber that entered into force on the 1st of May are expected to raise lumber production in the United States, as Wood Resources International reports. Canadian timber producers are confronted with tariffs of 20% on average. Hence, Canada started actively considering alternative markets. For this reason, it is expected that the United States will increase timber imports from Europe, New Zealand, and Latin America in 2017.