PH imports more wood from US

The Philippines is expected to see more shipments of wood products from the United States (US) this year, estimated to be 30-percent higher than a year ago, as demand outpaces the country’s declining production, according to the US Department of Agriculture (USDA).

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In a Dec. 23 report by its Foreign Agricultural Service (FAS) in Manila, the USDA projects American wood exports to the Philippines to reach $28 million, up from $22 million last year.

“The Philippines remains a net importer of logs and lumber to meet growing domestic demand driven by construction, furniture manufacturing, and infrastructure development,” the USDA said.