We appear to be seeing the impacts of the preliminary antidumping and countervailing duties on imports of hardwood plywood from China, Indonesia, and Vietnam. After spikes in recent years, there are significant declines in imports from these countries. However, we may also be starting to see the signs of transshipment through other Asian countries, including Malaysia, Cambodia, and Thailand. …The most recent data shows that U.S. imports of hardwood and decorative plywood are down by more than 36% in volume and 23% in value for the first four months of this year. Imports from Indonesia, Vietnam, and China declined by nearly 70%, 61%, and 66%, respectively. During the same period, imports from Malaysia and Cambodia surged by 175% and 650%.