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A survey of comfortable and multi-furniture shows that Russia has been the largest source of Chinese timber for many years!


People have the impression that the United States is rich in forest resources, and the huge trade volume between China and the United States, many people think that the United States is China's largest timber importer.

In fact, in recent years, as China ’s economic relations with Russia have become more harmonious, Russia is also very optimistic about the prospects for trade with China. Relying on the local rich forest advantages, Russia has become China's largest source of wood for many years.


On July 27, according to media reports, according to news released by the official website of the Russian Ministry of Far East and Arctic Development, China Runda Timber Company officially spent 17 million yuan to build a wood processing plant in Ussuriysk, Russia.


It is understood that Russia is the country with the largest timber reserves in the world. According to the information of the corresponding UN committee, the Russian forest area is 809 million hectares, and the wood reserves are 85 billion cubic meters.


Russian timber accounts for about 30% of China's timber and sawn timber imports. However, since last year, there have been reports that Russia may be forced to terminate its direct sales of wood to China. Right now, Russia has agreed to let the news that China builds a wood factory come out, which is undoubtedly a powerful response to the previous rumors.


As the world's largest timber importer, China's total timber consumption has increased by 173% in the past 10 years. The data shows that China's annual wood consumption is more than 600 million cubic meters, and its dependence on foreign countries exceeds 55%.


It is estimated that by 2020, China's timber demand will exceed 800 million cubic meters. However, due to the strong demand in China and the constant restrictions imposed on timber exporters by countries in order to protect forest resources, China's timber import market is usually "rising".


Among them, seeing the price advantage of China's wood import market, wood processors in Japan and Canada are thinking of taking advantage of this. The data shows that during 2018, Japan's timber exports to China increased by 9.3%, a substantial increase of 15.8 billion yen (equivalent to 946 million yuan contract), and also increased by 7.3 times in 5 years.


From January to April this year, Canada's timber exports to China increased by 25% year-on-year. In addition, seeing the strong demand in the Chinese market, timber companies from Latvia, Estonia, Finland and Central European countries also want to enter the Chinese market.


Industry sources pointed out that because China's demand is too large, blindly increasing imports is not a long-term plan. In contrast, Russia's agreement to allow Chinese companies to build factories will undoubtedly allow us to take some initiative. Statistics show that in the first half of this year, the trade volume between China and Russia reached 51.773 billion US dollars, an increase of 5.1% year-on-year.

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