What’s the Story With November 2023 Southern Pine Exports?

Southern Forest Products Association
January 22, 2024
Category: Finance & Economics
Region: United States, US East

Exports of Southern Pine lumber (treated and untreated) were up 3% in November over October and 10.8% higher than the same month in 2022, according to November data from the USDA’s Foreign Agriculture Services’ Global Agricultural Trade System. Year-to-date exports of Southern Pine and treated lumber through November 2023 continue to run 5% ahead of the same period in 2022. November 2023 Southern Pine Exports notes of interest include:

  • Mexico is running 16% ahead of 2022 YTD and has imported 113.8 Mbf of Southern Pine so far this year.
  • The Dominican Republic remains the No. 2 importer, running 16% ahead YTD over 2022 with74.7 Mbf.
  • Jamaica follows as the No. 3 importer, up 32% with 52 Mbf.
  • Exports to China are still up in 2023, running 133% ahead of last year.
  • India’s total of SYP imports are at 28.9 Mbf.
  • Exports to the Caribbean and Central American region continued to trend downward.

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