Storms, drought, fires, and bark beetle have caused immense damage to German forests in recent years. Waldsterben (Forest dieback) is slowly gaining public attention. The German government has started funding programs to support the transformation from softwood to hardwood with the goal of making the forest more resilient to climate change. This is likely to reduce the export potential of the German forest industry, opening up chances for suppliers of softwood. This report provides a status update of German forests and forest product trade, with a focus on U.S. exports.